LATEST NEWS
Vena Energy Secures Green Loan of $63 Million for a 26 MW Solar Project in Japan
Singapore-based renewable energy company Vena Energy secured a green loan of JP¥8.54 billion (~$63.28 million) to construct the 26 MW Kisarazu Shimogori Solar project in Japan. The project, under construction, ...
Bids Invited for 35 MW of Rooftop Solar Systems in Madhya Pradesh
Madhya Pradesh Urja Vikas Nigam (MPUVNL) has invited bids to install 35 MW of grid-connected rooftop solar systems under the renewable energy service company (RESCO) model at various locations in ...
Consultancy Tender for 100-150 MW Wind-Solar Hybrid Project With Battery Storage
Hindustan Petroleum Corporation (HPCL) has invited bids from consultants to conduct a feasibility study for developing a 100-150 MW wind-solar hybrid project with a battery energy storage system (BESS) on ...
Tender Issued for an 18 MW Solar Project at Giridih Solar City in Jharkhand
Jharkhand Renewable Energy Development Agency (JREDA) has invited expression of interest (EoI) from developers to set up an 18 MW grid-connected solar power project through the renewable energy service company ...
Rajasthan Electronics Invites Bids to Install 409 EV Chargers Across Nine Cities
Rajasthan Electronics and Instruments (REIL) has invited bids for the survey, planning, supply, installation, and commissioning of 409 electric vehicle (EV) chargers in nine cities and across three national highways ...
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Global Energy Investments Set to Reach $2.4 Trillion in 2022: IEA
Global energy investment will increase by 8% in 2022 to reach $2.4 trillion, with the anticipated rise coming mainly in clean energy, according to World Energy Investment 2022 report published ...
Daily News Wrap-Up: Tata Power Installs 150 EV Charging Stations Across Mumbai
Here are some noteworthy cleantech announcements of the day from around the world: Tata Power installed 150 green energy-powered electric vehicles (EV) charging stations across residential societies, malls, commercial complexes, ...
Battery Recycling Startup BatX Energies Raises $1.6 Million In Seed Funding Round
India-based lithium-ion battery recycling startup BatX Energies raised $1.6 million in a seed funding round led by JITO Angel Network. The round saw participation from existing investors such as Rohit ...
UAE’s Clean Energy Company Masdar Acquired in a Deal Valued at $1.9 Billion
Abu Dhabi National Energy Company (TAQA), Abu Dhabi National Oil Company (ADNOC), and Mubadala Investment Company have entered into binding agreements to acquire a stake in Abu Dhabi Future Energy ...
Brookfield Asset Management Raises $15 Billion for Clean Energy Transition Fund
Canada-based Brookfield Asset Management announced the final institutional close of a $15 billion raise for the Brookfield Global Transition Fund, focused on facilitating the global transition to net zero. Brookfield ...
Siemens Energy and Air Liquide’s JV to Produce 3 GW of Green Hydrogen Electrolyzers by 2025
Germany-based energy technology company Siemens Energy has announced a joint venture with Air Liquide, a French supplier of industrial gases and services, to produce industrial-scale renewable hydrogen electrolyzers in Europe ...
ThomasLloyd Trust Acquires the Remaining 57% Stake in SolarArise India
ThomasLloyd Energy Impact Trust plc, a renewable energy investment trust, has acquired the remaining 57% interest in SolarArise India Projects for a cash consideration of $38.5 million. The transaction is expected to ...
Regulator Rules in Favor of Solar Developer, Asks BESCOM to Pay Per Agreement
Karnataka Electricity Regulatory Commission (KERC) has ordered Bangalore Electricity Supply Company (BESCOM) to pay Umiya Holdings energy charges at the average power purchase cost (APPC) for the solar energy injected into ...
India’s Largest Building-Integrated Rooftop Solar System Commissioned
Ornate Solar, a distributor of solar panels and inverters, has announced the commissioning of India’s largest building-integrated rooftop solar system in Bhagru, Rajasthan. The project was executed for Canada-based natural ...
Open Access Renewables for Hospitals and Industries in Need of Low-Cost Power
Initially launched as a non-discriminatory provision to promote other businesses to enter the power sector other than distribution companies (DISCOMs), open access is now seen as the key contributor to ...
Daily News Wrap-Up: SUN Mobility to Deploy 2,000 Battery Swapping Points in Maharashtra
Here are some noteworthy cleantech announcements of the day from around the world: SUN Mobility, an electric vehicle (EV) infrastructure and services company, announced the launch of its battery-swapping network ...
ACWA Power-led Consortium to Develop 1.1 GW Onshore Wind Project in Egypt
A consortium led by Saudi-Arabia-based energy major ACWA Power signed an agreement to develop a 1.1 GW onshore wind project in Egypt's Gulf of Suez Gabal el Zeit area with ...
Bharat Petroleum Invites Bids to Set Up a 5 MW Green Hydrogen Production Facility
Bharat Petroleum Corporation (BPCL) has invited bids to set up a 5 MW electrolyzer and associated system for producing green hydrogen and hydrogen blending with natural gas in the city ...
Developers Consortium to Buy Over 6 GW of Modules Annually to Support Local Manufacturing
Four U.S-based independent power producers have formed a consortium to bolster the country's rapid scaling of domestic solar manufacturing. They plan to spend over $6 billion on solar modules to ...
Project Finance Brief: Recurrent Energy Acquires Two 200 MWh Energy Storage Projects
From: Mercom Capital Group Recurrent Energy, a wholly-owned subsidiary of Canadian Solar, acquired two standalone energy storage projects from Black Mountain Energy Storage. The projects are in the South Load Zone ...
Daily News Wrap-Up: Regulator Allows ₹8.40/kWh Tariff for a Delayed Solar Project
Here are some noteworthy cleantech announcements of the day from around the world: The Karnataka Electricity Regulatory Commission (KERC) recently accepted the petition by Chowdeshwari Solar Energy for the delay ...
Saudi Oil Major Aramco Aims to Generate 12 GW of Renewable Energy by 2030
Saudi Arabian oil major Aramco intends to generate 12 GW of renewable energy by 2030. In its recent sustainability report, the company said it aims to use the allocation of ...
Koovappady Panchayat in Kerala Saves ₹15,000 Every Two Months With a Rooftop Solar System
A panchayat in Kerala’s Ernakulam district has installed an 8 kW rooftop solar system in its office, hoping to halve its monthly electricity expenses. The Koovappady panchayat will also join ...
Funding and M&A Roundup: Power Factors Acquires Renewable Software Provider Inaccess
From: Mercom Capital Group Power Factors, a provider of renewable asset management software, acquired Inaccess, a provider of integrated mission-critical software and hardware solutions for renewable energy projects, battery energy ...
Second-Life Battery Energy Storage Company Secures $18 Million in Funding
The Hinduja Group, along with Caterpillar Venture Capital, Mercuria, Our Crowd, and Volvo Energy, is investing £15 million (~$18.45 million) in Connected Energy, a second-life battery energy storage company. The ...
