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Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021

At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […]

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Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade

The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […]

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Engie to Develop 2 GW Renewable Energy in Chile by 2025

French multinational electric utility company Engie recently presented a comprehensive plan at the Presidential Palace of Chile for its operations in the country, including the development of 2 GW of renewable energy capacity and the end of its 1.5 GW of coal-fired power generation activities by 2025, both of which are part of the firm’s ambition […]

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Dr. Milind Kulkarni Appointed CTO of Vikram Solar

Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solutions & rooftop solar providers, has announced the appointment of Dr. Milind Kulkarni as Chief Technical officer (CTO) of Vikram Solar Limited.  As per the firm, Dr. Kulkarni’s role will be critical in product & technology development and manufacturing, design & process development, while […]

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Biden Administration Selects 5 GW Mega Solar Project in Africa

Mega Solar is a partnership between the Govts of Namibia and Botswana, and others, which is expected to generate up to 5 GW of solar power. US President Biden recently hosted a virtual Leaders Summit on Climate to catalyse global ambition to address the climate crisis. The Summit convened world leaders to galvanize efforts to […]

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Fourth Partner Energy Bags Rs 250 Crore Investment From UK’s CDC

In a major milestone, Indian solar energy company Forth Partner Energy (FPE) has received an investment worth Rs 250 crore from UK-owned development finance institution CDC, for expanding its renewable solutions platform across India and South Asia. Hyderabad-based Fourth Partner Energy boasts of a portfolio of 550 MW, spread across its distributed and open access solar […]

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CS Energy and Goldman Sachs Partner to Deliver 216 MWdc of Utility-Scale Solar in New York

CS Energy, a leading integrated energy firm that designs and builds optimized projects in the solar, storage, and emerging energy industries, in close partnership with the Goldman Sachs Renewable Power Group (GSRP) and the New York State Energy Research and Development Authority (NYSERDA), successfully developed and initiated construction on 216 megawatts-dc (MWdc) of new utility-scale […]

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NYSERDA to repurpose former Benson mine into 20 MW solar plant

Yesterday, Governor Andrew M. Cuomo, the 56th governor of New York State, announced a lease-option agreement for the first build-ready site in New York State, under which the New York State Energy Research and Development Authority (NYSERDA) will repurpose the formerly mined land in St. Lawrence County into one of the largest solar projects in […]

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Exus to Develop 85 MW Wind-Solar Hybrid Project in Portugal

Exus Management Partners has announced that it will develop an 85 MW wind and solar hybrid project in northern Portugal. The renewables-focused independent investment and asset management firm has been chosen by an undisclosed third party to provide the complete end-to-end delivery of the country’s first third-party wind and solar hybrid project. Since no developers […]

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