Renewable Energy

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Adani Acquires Project to Evacuate 7 GW of Renewable Energy from Khavda

Government-owned Power Finance Corporation (PFC) has transferred its special purpose vehicle Pune-III Transmission to Adani Energy Solutions, which emerged as the...

November 20, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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AMPIN, CIP to Invest $300 Million for 2 GW Renewable Energy Projects

New Delhi-based AMPIN Energy Transition has expanded its partnership with Copenhagen Infrastructure Partners (CIP) to develop 2 GW renewable energy projects across India...

November 19, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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From Fossil Fuels to Renewables: The Middle East’s Role in Global Energy Transition

The global energy sector is undergoing transformative technological, social, and economic shifts, a reality emphasized during the Abu Dhabi International Petroleum...

November 18, 2024

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Staff

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Renewable Energy

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Technology
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RBI to Raise ₹200 Billion in Sovereign Green Bonds in Second Half of 2024-25

The Reserve Bank of India (RBI) has issued a calendar to mop up ₹200 billion (~$2.36 billion) in four equal tranches of sovereign green bonds in the second half of...

November 15, 2024

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B.S. Nagaraj

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Finance and M&A

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Renewable Energy
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HLE Glascoat to Procure Power from CleanMax’s Wind and Solar Projects  

Chemical and pharmaceutical industries equipment manufacturer HLE Glascoat will procure power in a captive mode from 2.31 MW solar and 3.3 MW wind projects to be...

November 15, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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CERC Proposes New Regulations for Trading in Carbon Credit Certificates

The Central Electricity Regulatory Commission (CERC) has released a draft notification outlining new regulations for purchasing and selling Carbon Credit Certificates...

November 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Shoals’ Revenue Drops 23.9% in Q3 2024 Amid Project Delays and Supply Chain Issues

U.S.-headquartered Shoals Technologies Group, a manufacturer of electrical balance of systems (EBOS) for solar, energy storage and emobility, reported a 23.9%...

November 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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IndiGrid, BII and Norfund to Launch $300 Million Platform for BESS Projects

IndiGrid, British International Investment (BII), and the Norwegian Climate Investment Fund managed by Norfund have launched EnerGrid, a $300 million platform focusing...

November 13, 2024

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Tina Freese

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Finance and M&A

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Renewable Energy
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PFC’s Q2 FY 2025 Proft Rises 13.6%, Loan Asset Quality Improves

Government-owned Power Finance Corporation (PFC) has recorded a net profit of ₹43.70 billion (~$524.5 million) during the second quarter (Q2) of the financial year (FY)...

November 12, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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APTEL Orders Reconnection of Greenko Maha Wind Energy’s WTG to the Grid

Four years after the disconnection of Greenko Maha Wind Energy’s (Greenko) 2 MW Wind Turbine Generator (WTG), the Appellate Tribunal for Electricity (APTEL) has ordered...

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Array Technologies’ Q3 Revenue Dips 34% YoY, Hit by Lower Solar Tracker Sales

U.S.-based solar tracker company Array Technologies reported adjusted earnings per share (EPS) of $0.17 in the third quarter (Q3) of 2024, beating analyst estimates by...

November 12, 2024

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Arjun Joshi

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Other

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Renewable Energy
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MNRE Issues Implementation Guidelines to Push Innovation in Green Hydrogen

The Ministry of New and Renewable Energy (MNRE) has unveiled a program to promote innovative production and utilization of green hydrogen across various sectors....

November 11, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Hexa Climate, ACME Solar, Avaada Energy Win NTPC’s 1.2 GW FDRE Auction

Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy are winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable power with assured peak power...

November 8, 2024

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Priya Sanjay

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Renewable Energy

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Tenders & Auctions
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Karnataka Proposes 43.33% Renewable Energy Target by 2029-30

The Karnataka Electricity Regulatory Commission (KERC) has proposed new renewable energy targets for the state, aiming to reach 43.33% of total energy consumption from...

November 8, 2024

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Gautamee Hazarika

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Market & Policy

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Renewable Energy
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CESL Invites Bids for Supply of 1,800 Cargo Electric Cycles in Four States

Convergence Energy Services (CESL), an energy solutions provider and a wholly-owned subsidiary of Energy Efficiency Services (EESL), has invited bids for the procurement...

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