Renewable Energy

EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider

The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […]

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AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara

African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […]

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The Sanvaru Growth Story. Founder A.K Shukla Shares Plans

 AT REI 2022 in Greater Noida’s Expo Centre, India’s renewable energy majors were present in strength this year. SaurEnergy caught up with (A K Shukla, Founder, Sanvaru Technology) to know more about their plans and expectations.

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EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27

The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […]

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APDCL Invites RFS For Two Solar Projects With Cumulative Capacity of 150 MW

Assam Power Distribution Company Limited (APDCL) has invited the request for selection (RFS) for two solar projects / tenders with a cumulative capacity of 150 MW including 100 MW of grid-connected floating solar PV projects and 50 MW of grid-connected ground-mounted solar PV projects. The last date for submitting the online bid for both tenders […]

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ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant

Renewable energy conglomerate, ReNew Power and the Egyptian government have signed a framework agreement for the construction of an $8 billion green hydrogen plant in the Suez Canal Economic Zone. The green hydrogen production capacity of the plant is anticipated to be 220,000 tonnes per year. Following the Memorandum of Understanding (MoU) signed in July […]

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EY Index Says Volatile Conditions Accelerate Global Renewables Market

EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […]

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Eastern Railway Floats Tender for 3 MW Solar Power Project Under PPP Model

Malda Division (Eastern Railway) has floated the solar tender for the installation of 3MW on grid roof /shed top/ Rly Vacant land solar power plant under the PPP model at the different locations under the jurisdiction of SSE/E/G/BGP in a turnkey basis with the net metering facility.  The last date for submitting the online bid […]

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