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REC Limited Funding Push Continues With Deals For Serentica, GreenKo

REC Limited, a Maharatna PSE and the subsidiary firm of Power Finance Corporation is among the key govt.owned NBFCs mandated for enabling national goals. The firm has been very active of late.  REC had hosted the Green Finance Summit in July 2023 on the side lines of G20, where one-on-one discussions with RE developers were […]

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Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko

Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […]

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Greenko Bags NTPC’s 3000 MWh Energy Storage Project Tender

Greenko Energies has emerged as the lowest bidder by a significant margin for NTPC Renewable Energy’s auction to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with a minimum of 500 MW capacity to be installed anywhere across India. Greenko won the entire capacity by quoting Rs 27.9 lakh /MWh/year, […]

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Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal

Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […]

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POSCO, Greenko Collaborate to Produce Green Hydrogen, Ammonia in India

Global steel conglomerate POSCO Holdings and Greenko subsidiary ZeroC have announced that they have signed a strategic partnership under which the two companies will delve into the production of green hydrogen, ammonia and other derivatives in India. The renewable energy production will be meant for both domestic and foreign consumption. POSCO Holdings revealed that the […]

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