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energ transition

ONGPL Acquires Ayana in Landmark INR 19,500 Renewable Energy Deal

India’s largest oil and gas producer Oil and Natural Gas Corp (ONGC) and nation’s biggest power company NTPC acquired renewable energy firm Ayana through their joint venture ONGC-NTPC Green Pvt Ltd (ONGPL), for an enterprise value of INR 19,500 crore (USD 2.3 billion).  ONGPL has signed a share purchase agreement with the current stakeholders National […]

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Clean Energy Financing: Are We Investing Enough?

Finance plays a vital role in the global push for renewable energy. Over the past decade, clean energy investments have grown significantly, driving gigawatt-scale renewable capacity additions and supporting related sectors, particularly in Asia, the Middle East, Europe, and North America. However, much more needs to be done for countries to meet their renewable energy […]

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Juniper Green Energy Raises $1bn In Debt Financing

Renewable energy developer Juniper Green Energy has successfully secured US$1 billion in phased debt financing over the past few months from leading financial institutions, including Power Finance Corporation Limited (PFC), DBS Bank, HSBC Bank, and the Indian Renewable Energy Development Agency Limited (IREDA). This funding will support the growth and development of Juniper Green Energy […]

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Tata Power Eyes 25.6 GW Clean Energy Milestone With Mega Projects

Indian power solutions company Tata Power is optimistic about increasing its clean energy portfolio to 25,620 MW soon. This growth comes from a wide range of green projects currently under construction. The company, which was primarily a thermal power-based firm in 2015, has since transitioned towards cleaner solutions. Tata Power currently has a total operational […]

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India’s Solar Energy Generation Increased 18% In CY24

India’s renewable energy sector witnessed a strong year-on-year growth in calendar year 2024 (CY24), with total renewable energy generation (including large hydro) reaching 3,87,553.52 million units (MU)—a 14.8% increase compared to 3,37,745.63 MU in CY23, as per the latest data from the Central Electricity Authority (CEA). Solar Energy Sees Impressive Growth A major contributor to […]

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Jakson Green & Blueleaf Energy Tie-Up For 1 GW Solar Portfolio

Jakson Green (JGPL), a leading new energy transition platform, and Blueleaf Energy (Blueleaf), a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, have announced their strategic partnership with a 1-gigawatt (GW) solar portfolio in Rajasthan, representing an investment of USD 400 million. The partnership will focus on jointly developing and building […]

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Senior Programme Associate –Energy, Industry, Climate and Air Pollution

The Senior Programme Associate will be responsible for the execution of research and engagement outputs pertaining to the various programmes of iFOREST. This would entail conducting impactful research and supporting multi-stakeholder engagement, to enable the growth of programmes. Specific tasks to be undertaken by the senior programme associate would include: The Senior Programme Associate will […]

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The Surprising Country Investing Big In Energy Storage

In common perception, the drive towards a green energy transition is placed as a tussle between those who want green, clean energy, and those who depend on fossil fuels, and hence do everything to delay or discredit the transition. The pronouncements by President Trump, to ‘drill baby drill’ for that country’s oil and gas sector, […]

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Maharashtra: Blue Energy To Set up 30,000 E-Truck Manufacturing Plant

Blue Energy Motors has signed a Memorandum of Understanding (MoU) with the Maharashtra government at the World Economic Forum in Davos. The MoU paves the way for Blue Energy Motors Ltd.’s proposed investment in the state, with plans to manufacture 30,000 electric trucks to foster industrial growth and significantly enhance the region’s EV truck manufacturing […]

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