Greenko

Construction Of World’s Largest Integrated RE Storage Project Started In AP

Construction of the world’s largest and first of its kind renewable energy storage project began at Kurnool in Andhra Pradesh on May 17. With a pumped storage capacity of 10,800MWh per day, the 5230 MW renewable energy generation project is coming up at an investment of $3 billion by Hyderabad based developer Greenko Group by […]

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Technip Collaborates with Greenko for Green Hydrogen Projects in India

Technip Energies has signed a memorandum of understanding (MoU) with ZeroC to explore opportunities for the development of green hydrogen projects in India. Technip is a France based engineering company and ZeroC is a subsidiary of Indian renewable energy player Greenko Group. As per a statement of Technip, the company comes with its hydrogen expertise, […]

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PSU Gas Major GAIL To Join Solar Bandwagon

Gas Authority of India Limited (GAIL), the largest operator of gas pipelines in the country, has announced plans to enter solar power development. GAIL commands ~70% market share in gas transmission and has a Gas trading share of over ~ 50% in India. GAIL and its Subsidiaries / JVs also have a formidable market share […]

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Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko

ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […]

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The Case For Storage Is a Tough Sell At Reinvest 2020

RE-invest 2020’s session on battery storage, with a focus on innovation and sustainability, sent out mixed messages on the potential for, and need for battery storage in India. Thus, while some of the panelists drove home the point that long term storage was not really a requirement for India yet, considering the little gap between […]

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Snam Enters Indian Market With Hydrogen Agreements With Adani and Greenko

Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the hydrogen value chain with Adani and Greenko. Italy’s Snam has announced its entry into the Indian market with the launch of its cooperation agreements in the energy transition, particularly in hydrogen and low-carbon mobility with perhaps […]

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Japanese Financial Group Orix To Invest Rs 7200 Cr In Greenko for 20% stake

Diversified Japanese financial conglomerate, has made the largest single renewable energy investment into India, with a $980 million ( Rs 7200 crores) on renewable major Greenko Group Holdings. The deal is expected to be closed by the end of the year. The Tokyo based firm had $23.6 billion in reported revenues last year, making the […]

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Greenko Signs MoU With NTPC to Explore RE and Storage Solutions

Greenko has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions across India Energy solutions provider Greenko Energies has announced that it has entered into an agreement with NTPC to explore energy storage and renewable energy (RE) power supply solutions. The company has signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar […]

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