Renewable Energy

Sixteen countries committed $94 billion for clean energy demonstration projects globally at the first-ever Global Clean Energy Action Forum in Pittsburgh. The commitments are in response to U.S. President Joe ...

Global investment firm Kohlberg Kravis Roberts (KKR) and the Hero Group signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero ...

Solar Energy Corporation of India (SECI) has invited research and development (R&D) proposals to set up pilot energy storage systems (ESS) and other renewable energy projects and products. The tender ...

Around 24% of the utility-scale electricity generation came from renewable resources in the United States during the first half (1H) of 2022, a growth of 21% from the same period ...

Aquila Clean Energy, a clean energy development platform of Germany-based asset manager Aquila Capital, has secured €1 billion (~$1.005 billion) from the European Investment Bank (EIB) and commercial banks to ...

Foreign Direct investment (FDI) in India’s renewable energy sector stood at $949.45 million (₹75,555 million) in the first quarter (Q1) of the financial year (FY) 2022-23, an increase of 269% ...

From: Mercom Capital Group Low Carbon, a renewable energy developer, raised a £230 million (~$265 million) senior debt facility to construct 1 GW of large-scale renewable energy projects in the ...

From: Mercom Capital Group Ascend Elements, a lithium-ion battery recycling and engineered materials company, announced a strategic investment of $50 million from SK ecoplant, the environmental unit of Korean conglomerate SK Inc. The ...

Here are some noteworthy cleantech announcements of the day from around the world: Servotech Power Systems bagged a large-scale, state-spanning grid-interactive rooftop solar power project from the Uttar Pradesh New ...

Solar Energy Corporation of India (SECI) has invited bids for the supply of 2.25 GW of round-the-clock (RTC) power from interstate transmission system (ISTS)-connected renewable power projects complemented with power ...

NTPC Vidyut Vayapar Nigam (NVVN), a wholly-owned subsidiary of NTPC, has invited expressions of interest (EoIs) from renewable developers to procure renewable and round-the-clock (RTC) power on a medium and ...

Diversified Indian conglomerate Reliance Industries (RIL) has targeted installing 20 GW of solar energy generation capacity by 2025. Addressing RIL’s annual general meeting, Group Chairman Mukesh Ambani said that the ...

Independent power producer Azure Power Global announced the resignation of its Chief Executive Officer (CEO), Harsh Shah, two months after he took charge. Rupesh Agarwal, who was appointed by Azure ...

Here are some noteworthy cleantech announcements of the day from around the world: Green hydrogen company Ohmium International is collaborating with Shell India to evaluate hydrogen applications, markets, and project ...

Tata Motors inked a power purchase agreement (PPA) with Tata Power to develop a 7.25 MW onsite solar project at its commercial vehicle manufacturing unit in Jamshedpur. With the signing ...

Here are some noteworthy cleantech announcements of the day from around the world: Indian Renewable Energy Development Agency (IREDA) signed a memorandum of understanding (MoU) with the Bank of India ...

India-based independent power producer ReNew Power announced a partnership with twelve international lenders for what is deemed to be the largest External Commercial Borrowings (ECB) project finance loan totaling $1.1 ...

The Ministry of Power (MoP) has suggested creating a central pool of interstate transmission systems (ISTS)-connected renewable energy sources from which an intermediary company will procure power to be supplied ...

A non-banking financial company (NBFC) under the Ministry of New and Renewable Energy (MNRE), the Indian Renewable Energy Development Agency (IREDA) posted a total income of ₹7.86 billion (~$98.69 million) ...

Here are some noteworthy cleantech announcements of the day from around the world: Rays Power Infra announced the commissioning of a 150 MW grid-connected solar power plant in Raichur and ...

Here are some noteworthy cleantech announcements of the day from around the world: The Lok Sabha passed the Energy Conservation (Amendment) Bill 2022, which provides for establishing carbon credit markets ...

NTPC recorded a total income of ₹436 billion (~$5.54 billion) in the first quarter (Q1) of the financial year (FY) 2023, a year-over-year (YoY) increase of 4.34% from ₹304 billion ...

Here are some noteworthy cleantech announcements of the day from around the world: Minister of State in the Ministry of Civil Aviation V K Singh informed the Rajya Sabha informed ...

Renewable energy construction company MasTec is acquiring renewable energy and infrastructure services provider Infrastructure and Energy Alternatives (IEA) for $1.1 billion. MasTec will acquire all of the outstanding shares of IEA ...

Here are some noteworthy cleantech announcements of the day from around the world: Azure Power announced the commissioning of its 90 MW solar power project in Assam, the largest solar ...