SUBSCRIBE NEWS LETTER

renewable energy investment

Goa Govt Approves E-mobility Policy, Targets 30% EV Adoption by 2025

With the objective of boosting adoption of electric vehicles (EV) to at least 30% by 2025, the state government has approved the Goa Electric Mobility Promotion Policy (GEMPP) 2021. The policy aims to create 10,000 direct and indirect jobs in the sector by 2025. With the focus on establishing Goa as a model of international […]

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UK Fund Gresham House Raises £380m Funding For Storage Projects

Gresham House Energy Storage Fund has secured a £380m bespoke funding package from NatWest bank with support the growth of its UK energy storage pipeline. Gresham House is a listed specialist alternative asset manager, offering funds, direct investments and tailored investment opportunities. The new funding will help finance seven newly announced battery energy storage projects due […]

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Ohmium Ships Its First “Made in India” Hydrogen Electrolyzer Unit To The US

US firm Ohmium International, through its Bengaluru based Indian subsidiary enArka India Private Limited, has shipped its first unit of electrolyzer from India to the United States, as a first step towards establishing India as a global hub for green hydrogen generation. The electrolyzer has been manufactured by Ohmium at its Bengaluru plant, India’s first […]

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TotalEnergies to Develop 500MW Solar PV Projects in Libya

French oil and gas major TotalEnergies has signed new agreements with Libya for the sustainable growth of the country’s natural resources, which include developing 500 MW solar PV projects in addition to investing $2 billion in crude oil production and gas extraction. The agreements were signed at the recently held Libya Energy & Economy Summit, […]

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Adani Solar Plans Expansion in East & N.East with KSL Cleantech’s Help

Adani Solar, the Adani Group’s solar manufacturing and EPC arm, has launched a retail distribution business for India’s eastern and northeastern states with KSL Cleantech Ltd as the official channel partner for the two regions. Adani has now extended its reach to more than 1,000 towns in the country for the distribution of solar panels, […]

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Developers Should Be Protected From Abrupt Regulatory Changes

Intro: Amid all excitement around the ambitious goals set by PM Modi for the energy market in India, solar firms like Amplus Solar also raise apprehensions about a need for regulatory stability and certainty. These they feel are the key asks, for enabling more investments to flow into the country and, also in ensuring viability […]

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France, UAE to Join Forces on RE and H2 Projects

French finance minister Bruno Le Maire said on Sunday that France will work with the United Arab Emirates (UAE) on new projects in the energy sector including renewables and hydrogen fuel. “Reaching zero carbon emissions by 2050 is an important goal, and we want to work with the UAE on this fight on climate change,” […]

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Meridian to Sell Aussie Biz to Shell & ICG Consortium for $5278 M

New Zealand electricity generator and retailer Meridian Energy is selling its Australian business to a consortium of Shell Energy Operations Pty Ltd, a wholly owned subsidiary of Shell and Infrastructure Capital Group (ICG) for A$729 million ($527.80 million), subject to possible adjustment depending on the timing of completion. On completion, Shell will become the owner of […]

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IOC Floats Global Tender to Set Up Green H2 Units at Mathura & Panipat

The Indian Oil Corporation (IOC), ranked 212th on the Fortune Global 500 list of the world’s biggest corporations as of 2021, has released a global tender to set up green hydrogen generation units at Mathura and Panipat — two of its big refineries in North India. The deadline for interested applicants to submit their bids […]

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