SUBSCRIBE NEWS LETTER

renewable energy generation capacity

ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz

ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […]

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Govt Expands Transmission Project Area In Bidding Rule Update

The Ministry of Power (MoP) in its latest bidding rule update has amended norms under its Standard Bidding Documents (SBDs) to streamline the procurement of inter-state transmission services through tariff-based competitive bidding (TBCB). The latest provision aims to expand the area for developing the project to a 5-km radius. The revisions affect the Request for […]

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Kosol Energie Installs Solar System At Sarangpur Dham

Kosol Energie has successfully installed a 250 KW solar power system at Shree Gopalanand Swami Yatrik Bhavan in Sarangpur Dham, significantly enhancing energy efficiency while reducing carbon emissions. This initiative ensures a sustainable and uninterrupted power supply for the Yatrik Bhavan (Stay Facility), setting a benchmark for renewable energy adoption in spiritual spaces. The Grand […]

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Pentagreen, BII Invest $80M With ib vogt To Build Solar, BESS in SE Asia

Pentagreen Capital (Pentagreen) and British International  Investment (BII) have announced joint financing of US$80 million to accelerate the rollout of utility-scale solar and battery storage projects across Southeast Asia. These companies are developing their latest project in collaboration with ib vogt Singapore Pte. Ltd. (ib vogt), an international renewable energy development platform.   Pentagreen is the sustainable […]

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Siemens Gamesa Wind Business In India, Sri Lanka Acquired By TPG, Others

TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, have  announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka. The transaction […]

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Actis Acquires Stride’s 371MW Portfolio, Bolsters Indian Footprint

Actis, a global investor in sustainable infrastructure, has acquired a 100% stake in Stride Climate Investments (Stride), a solar generation asset portfolio in India, from a fund managed by Macquarie Asset Management. The deal sees Actis take charge of Stride’s 371MW (414MWp) portfolio of operating solar PV assets spread across 21 projects in 7 states, […]

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India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie

India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […]

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Adani Green Commissions 250 MW Rajasthan Solar Project

Adani Green Energy Limited (AGEL) has taken another step toward expanding its renewable energy footprint by commissioning a 250 MW solar power project at Bhimsar, Rajasthan, through its subsidiary. In a regulatory filing, the company announced, “Adani Green Energy Twenty-Four Limited’s latest commissioning has pushed AGEL’s total operational renewable energy capacity to 12,841.1 MW.” The […]

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Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution

Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […]

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