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renewable energy investment

Michigan-Headquartered ONE Introduces ‘Aries Grid’ Renewable Energy Storage

Michigan-headquartered Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can serve as long-duration energy storage. ONE said that Aries Grid will be manufactured in America and it represents a milestone achievement in efforts to scale-up investments in renewable energy infrastructure and grid reliability. “Energy storage is […]

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Indo-French Workshop for Transition to EVs & Strengthening Bilateral Ties on Energy

The Indo-French Workshop on Clean and Sustainable Energy Technologies (INFINITE) has been launched at New Delhi’s CSIR National Physical Laboratory. The Secretary of Ministry of Science and Technology, Dr. S. Chandrasekhar, inaugurated the workshop being held from February 21 to 24, 2023. On the platform, India spoke about greater cooperation with France in the areas […]

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American DISCOM AEP to Sell Over 1.3 GW of Renewable Portfolio

Just as America is expanding the renewable power to spearhead the global drive to combat climate change, Columbus based American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion including project debt. IRG Acquisition Holdings is […]

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French Firm Akuo Energy Looks to Set up Agrisolar Portfolio in Greece

French renewable energy firm Akuo Energy has established its first solar park in Greece. Back in October 2021, the firm had set up the 1 MW Chalki island project. The newly launched project includes four PV comprising 1 MW each. The yearly output of the project will help meet the needs of 350 households, the […]

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Sri Lanka Investment Board Greenlights $442-mn Adani Green Wind Power Plants

The Board of Investment of Sri Lanka has given its nod to two wind power plants by AGEL (Adani Green Energy Ltd). These entail a cumulative investment of $442 million. As per the statement, the wind power plants that boast of 350 MW of capacity are scheduled for commissioning in two years. They will be […]

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Danish Royal Envoy to Visit Tamil Nadu for Discussion on Green Energy

An envoy consisting the Danish royal family along with Danish firms will be visiting Tamil Nadu for discussions on green energy. The royal representatives will include the Crown Prince of Denmark Fredrik Andre Henrik Christian and Crown Princess Mar Elizabeth. Tamil Nadu has been a primary site for investments by Denmark-based firms. A string of […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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Malaysia’s Gentari Marks Entry into Australia With Acquisition of Wirsol Energy

Malaysian clean energy company Gentari has concluded the acquisition of Wirsol Energy and its assets from the Australia-based Wircon Group. Wirsol owns as well as operates projects in renewable energy and storage projects across New South Wales, Victoria and Queensland. The acquisition marks Gentari’s entry into Australia’s renewable energy market. Wirsol Energy’s portfolio entails 422 […]

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EDF Renewables Acquires 10 GW Floating Offshore Wind Farm in Australia

A wholly-owned subsidiary of French utility EDF Group, EDF Renewables in Australia has announced the acquisition of the 10 GW Newcastle floating offshore wind farm located in Australia. The project, which is currently in the works in proximity to the Port of Newcastle and energy transmission networks, is slated for the Hunter‐Central Coast Renewable Energy […]

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