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Spain’s Iberdrola Has Brazil For Its First Floating Solar Project

The first floating solar power facility of global energy conglomerate Iberdrola will be coming up in Brazil soon. Iberdrola group has announced its plans to install the its first floating photovoltaic plant in the world in Brazil, through its subsidiary Neoenergia. The official statement held that the floating solar project will be built on the […]

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Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy

Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […]

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China, Malaysia Explore Development of Virtual Power Plants

Virtual Power Plants are touted as the next big step in solar industry that is driving the new wave of energy. In a recent development on the front, China and Malaysia have joined forces to explore opportunities in VPPs. Towards this, the two countries organised “China-Malaysia Virtual Power Plant Project Achievements Conference and China-Malaysia Virtual […]

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Copenhagen Infrastructure Partners Acquires 1400 MW Queensland RE Hub

Copenhagen Infrastructure Partners (CIP), an investment firm that specialises in infrastructure investments, has confirmed that it has acquired the large-scale renewable energy hub called ‘Bowen Renewable Energy Hub’ in Australia’s Queensland. According to the company, the RE hub will also host a pumped hydro plant having a duration of 16-hours. CIP has contracted with Australian […]

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Africa Has EUR 1 Trillion Green Hydrogen Potential: New Study

A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy. The analysis is commissioned by the European Investment Bank, the […]

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Octopus Energy Invests In FFNEV; Eyes Iberia, EU and Latin America

Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy Ventures (FFNEV). Octopus Energy held that the investment is aimed […]

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Inox Green Announces Intent To Acquire O&M Wind Service Provider

In a stock exchange filing, INOX Wind subsidiary Inox Green Energy Services Limited (IGESL) is close to the purchase of the majority ownership in a target company, that is a reputable Independent O&M Wind Service Provider with a 230+MW fleet that mostly serves South India. According to the firm, this acquisition is a result of […]

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Tata Motors Will Run 1500 Electric Buses In Delhi

In a fresh effort to decarbonise the public transport in the national capital, the Delhi Transport Corporation (DTC) will be purchasing new electric buses from Tata Motors in days to come. In a key announcement, Tata Motors said that DTC has signed a definitive agreement with its fully owned subsidiary, TML CV Mobility Solutions Ltd. […]

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Apollo Tyres to Increase Renewable Power Share to 25% by 2026

More and more firms worldwide are striving to become carbon neutral and increase the share of renewable energy in their energy mix to power operations. Leading tyre manufacturer Apollo Tyres is among the latest firm to jump onto this bandwagon. Apollo Tyres has revealed in its new ESG (Environment, Social and Governance) commitment that the […]

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