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renewable energy source

Octopus Energy, Nest And GLIL Invest £200 Million In Hornsea One

Octopus Energy Generation’s fund management group has invested £200 million in Hornsea One. For a sum of £400 million, the company has purchased a 12.5% share from Global Infrastructure Partners through a joint venture with GLIL Infrastructure, which is also contributing £200 million. A £3.6 billion fund called GLIL makes infrastructure investments on behalf of […]

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NTPC Looks for Nuclear Power Addition; Bullish on Renewable Energy

Power conglomerate NTPC has announced in its 18th Analysts & Investors Meet that the company is foraying into nuclear power while maintaining its thrust on the renewable sector. Chairman and Managing Director, Gurdeep Singh, said, “Discussions are underway for adding the nuclear capacity. This is the new thing that you would probably be hearing that we […]

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Amp Energy India & RUMSL To Develop India’s Largest Floating Solar Project

Amp Energy India, one of India’s leading renewable energy companies, has announced today that it has signed a Power Purchase Agreement (PPA) with Rewa Ultra Mega Solar Ltd (RUMSL) in Madhya Pradesh for 100MW/140MWp capacity. RUMSL is a joint venture of Solar Energy Corporation of India and Madhya Pradesh Urja Vikas Nigam Ltd. It has […]

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Oracle Energy To Build 400 MW Green Hydrogen Project In Pakistan

A stock market filing by Oracle Power has revealed that the Sindh state government of Pakistan has accorded ‘comprehensive permission’ to Oracle Energy for the development of a 400 MW green hydrogen project.  The carbon-free hydrogen facility will be supplied with electricity by 500 MW of wind energy and 700 MW of solar facilities that […]

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Adani Green Energy Q1 Results: Strong Revenue Growth, Profit Stumbles

Adani Green Energy Limited has announced it’s results for Q1, FY 23. The firm has reported net sales at Rs 1,701.00 crore in June 2022, up 57% from Rs. 1079 crore in June 2021. On a QoQ basis, vis a vis March 2022, sales have moved up from Rs 1587 crores in March, just over […]

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REMCL, TERI To Collaborate To Meet Renewable Targets

The Energy and Resources Institute (TERI) and the REMC Limited, a joint venture of Ministry of Railways and RITES Limited, have signed a Memorandum of Understanding (MoU) to collaborate on capacity building and development of renewable energy projects for the Indian Railways in New Delhi on Monday. The two organizations aim to collaborate on areas […]

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Over 500GW Generation By 2030 From Renewable Energy: RK Singh

The Union Power and New & Renewable Energy Minister RK Singh, on July 27 said the renewable energy capacity will reach over 500GW by 2030. In his message at the launch of a report of The Energy Resource Institute (TERI), Singh said, “By 2030, the total capacity for power production would be about 820GW. Out […]

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Filatex India Signs PPA To Purchase Renewable Energy

Filatex India Ltd, has signed a PPA with FP Crysta Energy Pvt Ltd and an SHA with FPEL Sunrise Pvt Ltd. The agreements have been signed under Gujarat’s Hybrid Wind-Solar Power Policy 2018 to mitigate the cost of energy from the grid that has constantly been on the rise and while also keeping in mind […]

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The Top 5: Most Attractive Countries for Renewable Energy Investment

The governments around the world are looking to accelerate and broaden the scope of their renewables programs. The investors are looking out for the most attractive countries for Renewable Energy investment. But the world stands at the turn to future of energy facing dual visions – need of self-reliance in energy sector in a highly […]

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