Daily News Wrap-Up Vikram Solar to Supply 350 MW of Solar Modules for a Project in Arizona

Daily News Wrap-Up: Vikram Solar to Supply 350 MW of Solar Modules for a Project in Arizona

Here are some noteworthy cleantech announcements of the day from around the world: Vikram Solar was awarded a 350 MW solar module supply order from a U.S.-based Independent Power Producer ...
/ / Other, Renewable Energy
Indian Oil Subsidiary Invites Bids to Set Up Green Hydrogen Unit at its Chennai Refinery

Indian Oil Subsidiary Invites Bids to Set Up Green Hydrogen Unit at its Chennai Refinery

Chennai Petroleum Corporation (CPCL), a group company of Indian Oil Corporation (IOCL), has issued an expression of interest (EoI) for the design, manufacturing, and commissioning of the electrolyzer and related ...
KKR to Invest $450 Million in Hero Future Energies (1)

KKR and Hero Group to Invest $450 Million in Hero Future Energies

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 ...
India Must Add 188 GW of Renewable Capacity in the Next 5 Years to Meet Peak Demand CEA

India Must Add 188 GW of Renewable Capacity in the Next Five Years to Meet Peak Demand: CEA

India needs to add 224.9 GW of renewable energy generation capacity by 2032 to meet the peak demand and energy requirement for the financial year (FY) 2031-32, according to the ...
/ / Other, Renewable Energy
Daily News Wrap-Up: First Solar to Supply 600 MW of Thin Film Solar Modules to Azure Power

Daily News Wrap-Up: First Solar to Supply 600 MW of Thin Film Solar Modules to Azure Power

Here are some noteworthy cleantech announcements of the day from around the world: First Solar announced that it has signed an agreement to supply 600 MWdc of its high-performance, advanced ...
/ / Other, Renewable Energy
REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC to Drive India’s Transition to Net Zero as a Development Financial Institution

REC Limited, a public infrastructure finance company under the Ministry of Power, is being considered to be given the status of a development financial institution (DFI) to steer global climate ...
Ontario Teachers' Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Ontario Teachers’ Pension Fund Acquires 30% Stake in Mahindra Susten, Plans InvIT

Global investor Ontario Teachers' Pension Plan will acquire a 30% equity stake in Mahindra Susten, a cleantech arm of Mahindra Group, for an equity value of ₹23.71 billion (~$300 million). The ...
Daily News Wrap-Up Power Ministry Amends License Rules to Distribute Electricity

Daily News Wrap-Up: Power Ministry Amends License Rules to Distribute Electricity

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of Power recently amended the Distribution of Electricity License (Additional Requirements of Capital Adequacy, Creditworthiness, ...
/ / Other, Renewable Energy
A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

A Decarbonized Global Energy System by 2050 Could Result in Savings of $12 Trillion

Transitioning to a decarbonized energy system by around 2050 will save the world at least $12 trillion compared to continuing our current levels of fossil fuel use, according to a ...
Agri Solutions Company UPL and CleanMax to Develop 61 MW Wind-Solar Hybrid Project

Agri Solutions Company UPL and CleanMax to Develop 61 MW Wind-Solar Hybrid Project

UPL, a company providing solutions for sustainable agriculture, announced a joint venture (JV) with Mumbai-based renewable energy company CleanMax Enviro Energy Solutions (CleanMax) to establish a 61.05 MW wind-solar hybrid ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Tata Power to Set Up Solar Projects Worth ₹12 Billion for SJVN and NHDC

Daily News Wrap-Up: Tata Power to Set Up Solar Projects Worth ₹12 Billion for SJVN and NHDC

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power Solar Systems, a wholly-owned subsidiary of Tata Power Renewable Energy, received the letter of award ...
/ / Other, Renewable Energy
Daily News Wrap-Up: MNRE Allows Part Commissioning of ISTS Solar Projects in lots of 10 MW

Daily News Wrap-Up: MNRE Allows Part Commissioning of ISTS Solar Projects in lots of 10 MW

Here are some noteworthy cleantech announcements of the day from around the world: The Ministry of New and Renewable Energy (MNRE) recently approved part commissioning of inter-state transmission (ISTS) connected ...
/ / Other, Renewable Energy
Project Finance Brief: Atrato Onsite Energy Acquires Solar Projects for $37 Million

Project Finance Brief: Atrato Onsite Energy Acquires Solar Projects for $37 Million

From: Mercom Capital Group Atrato Onsite Energy, an investment company, has acquired 33 MW of installed solar projects across 32 the UK from Macquarie’s Green Investment Group for £31 million ...
/ / Other, Renewable Energy
Daily News Wrap-Up Ravicab Cables Acquires Leoni India, Enters Renewable Sector

Daily News Wrap-Up: Ravicab Cables Acquires Leoni India, Enters Renewable Sector

Here are some noteworthy cleantech announcements of the day from around the world: Ravicab Cables, a Bengaluru-based electric cable manufacturer, announced the acquisition of Leoni Cable Solution India (LCSI), a ...
/ / Other, Renewable Energy
Nxtra by Airtel Partners with Bloom Energy to Deploy Fuel Cell Technology

Nxtra by Airtel Partners with Bloom Energy to Deploy Fuel Cell Technology

Telecom company Bharti Airtel’s subsidiary Nxtra Data has partnered with solid-oxide fuel cells manufacturer Bloom Energy to deploy a low-environmental impact fuel cell installation at its data center in Karnataka ...
/ / Other, Renewable Energy
Serentica to Install 1.5 GW of Wind- Solar Hybrid Projects in Three Indian States

Serentica to Install 1.5 GW of Wind- Solar Hybrid Projects in Three Indian States

Serentica Renewables will install approximately 1.5 GW of wind-solar hybrid power projects across Rajasthan, Karnataka, and Maharashtra in India, marking the launch of the company’s renewable energy platform in the ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Kia, DB Team Up to Reuse EV Batteries as Grid-Scale Storage Systems

Daily News Wrap-Up: Kia, DB Team Up to Reuse EV Batteries as Grid-Scale Storage Systems

Here are some noteworthy cleantech announcements of the day from around the world: Kia, a South Korea-based automaker, and Deutsche Bahn (DB) have partnered to increase the usable life of ...
/ / Other, Renewable Energy
US Generated 24% of the Country's Power from Renewable Sources During 1H 2022

US Generated 24% of the Country’s Power from Renewable Sources During 1H 2022

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 ...
/ / Other, Renewable Energy
Ballard to Supply Fuel Cell Modules for India’s First Hydrogen-Powered Trains

Ballard to Supply Fuel Cell Modules for India’s First Hydrogen-Powered Trains

Fuel-cell technology company Ballard Power Systems has secured a fuel cell module order from Medha Servo Drives, a rail system integrator, to develop India’s first hydrogen-powered trains. The two retrofitted ...
Daily News Wrap-Up: NTPC to Supply Solar Power to Indian Army

Daily News Wrap-Up: NTPC to Supply Solar Power to Indian Army

Here are some noteworthy cleantech announcements of the day from around the world: NTPC has entered into an agreement to supply 25 MW of solar power to the armed forces ...
/ / Other, Renewable Energy
Daily News Wrap-Up Amplus Solar Partners with Mahindra to Electrify its Fleet

Daily News Wrap-Up: Amplus Solar Partners with Mahindra to Electrify its Fleet

Here are some noteworthy cleantech announcements of the day from around the world: Amplus Solar's electric mobility vertical signed a memorandum of understanding with Mahindra Electric to procure their Zor ...
/ / Other, Renewable Energy
Daily News Wrap-Up: S&P Global Commodity Insights Launches REC Price Assessments in India

Daily News Wrap-Up: S&P Global Commodity Insights Launches REC Price Assessments in India

Here are some noteworthy cleantech announcements of the day from around the world: S&P Global Commodity Insights announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) ...
/ / Other, Renewable Energy
Project Finance Brief: Low Carbon Raises $265 Million for 1 GW of Renewable Projects

Project Finance Brief: Low Carbon Raises $265 Million for 1 GW of Renewable Projects

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 ...
/ / Other, Renewable Energy
Daily News Wrap-Up Suzlon to Supply Wind Turbines for Sembcorp’s 180 MW Project

Daily News Wrap-Up: Suzlon to Supply Wind Turbines for Sembcorp’s 180 MW Project

Here are some noteworthy cleantech announcements of the day from around the world: Suzlon Group announced it had won an order to develop a 180.6 MW wind power project for ...
/ / Other, Renewable Energy
Renewable Energy Trading on IEX Down 35% MoM in August

Renewable Energy Trading on IEX Down 35% MoM in August

The Indian Energy Exchange (IEX) traded 437 million units (MU) of renewable energy in August 2022, registering a 6% year-over-year (YoY) growth. The volume traded declined by 35% compared to ...
/ / Other, Renewable Energy