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Second ‘Brookfield Global Transition Fund’ Begins With $10 Billion

Brookfield Asset Management has secured $10 billion in the initial closing of the second installment of the Brookfield Global Transition Fund (BGTF II), encompassing both fund commitments and strategic capital from its investor network. Leading the helm of BGTF II are Mark Carney and Connor Teskey (pictured), jointly focusing on investments aimed at hastening the […]

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China’s LONGi Inks Deal With Spain’s Naturgy To Supply 1 Million Solar Modules

China-based solar technology firm LONGi and Spain-based energy utility firm Naturgy have signed a new module shipment agreement for Naturgy’s 2024 solar projects in Spain. As part of the agreement, LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules will […]

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Citizen Solar In Tie-up With Jinchen To Expand Module Capacity to 1.2GWp

Gujarat based Citizen Solar has signed an MoU with Chinese solar equipment manufacturer Jinchen Corp to expand its solar module manufacturing capacity to 1.2 GWp in a phased manner. Citizen solar is an approved manufacturer that is already on MNRE’s Approved List of Module Manufacturers (ALMM) list on date. It’s approved manufacturing capacity in ALMM […]

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Hyundai, Iveco Collaborate To Supply Electric Commercial Vehicle To Europe

Hyundai Motor and Iveco Group recently signed a supply agreement for IVECO-badged all-electric light commercial vehicles. This agreement is undertaken to supply electric vehicle for Europe based on Hyundai’s Global e-LCV platform. Through this agreement, the new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the group’s LCV portfolio alongside the IVECO […]

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Singapore-Based Singtela Develops Green Energy Driven Data Centres

Singtela has launched an AI development initiative in Singapore and the region, partnering with global and local ecosystem partners in AI, renewable energy, sustainable technologies, and talent development. The company is expanding its regional data center business by building new, green, sustainable, and hyper-connected AI-ready data centers in markets beyond Singapore, such as Indonesia and […]

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NTPC, NRL Partner To Setup Green Energy Projects In North East

National Thermal Power Corporation (NTPC) limited has signed a memorandum of understanding (MoU) with Numaligarh Refinery Limited (NRL), a subsidiary of Oil India Ltd. NRL is engaged in the business of Refining and Marketing of petroleum products. The MoU covers partnership opportunities in the proposed bamboo-based bio-refinery at NTPC Bongaigaon and other green energy projects. […]

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Servotech Bags 120 Cr Order Of 1800 DC Fast EV Chargers From BPCL

Servotech Power Systems, an EV Charger manufacturer in India, bagged an order for 1800 DC Fast EV chargers from Bharat Petroleum Corporation Limited (BPCL). The project, valued at 120 crores, is expected to involve Servotech manufacturing, supplying, installing, and deploying these 1800 EV chargers across the nation. It particularly included Bharat Petroleum Corporation Limited (BPCL) […]

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Global Fashion Retailer H&M Signs PPA To Build 3 Solar Parks In Sweden

Global fashion retailer and fast fashion brand H&M Group has signed long-term power purchase agreements (PPAs) with European solar developer and independent power producer Alight regarding the construction of three new solar parks in Sweden. The ground-mounted solar parks will be located in Blekinge, Södermanland, and Halland, with a capacity of 13 MW, 6 MW […]

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GE Vernova Bags 1.4-GW Australian Wind Project For Turbine Supply

Onshore Wind business of GE Vernova has confirmed the signing of a strategic framework agreement with Australian RE player Squadron Energy for 1.4 GW of onshore wind projects in New South Wales, Australia. The construction of the Uungala Wind Farm has already begun. The agreement was received in the fourth quarter of 2023 and thereafter […]

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