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bp Commits USD 70 Million in India’s Green Growth Equity Fund

bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […]

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EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects

EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […]

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Adani Transmission Acquires Alipurduar Transmission From Kalpataru

Adani Transmission has signed definitive agreements with Kalpataru Power Transmission Ltd for acquiring Alipurduar Transmission for around Rs 1,286 crore. Adani Transmission Ltd (ATL), one of India’s largest private sector power transmission companies, has signed definitive agreements with Kalpataru Power Transmission Ltd (KPTL) for acquiring Alipurduar Transmission Ltd in a manner consistent with Transmission Service Agreement and […]

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Enercon Concludes Supply Contracts for 212 MW in Austria

Enercon has announced that it has agreed to another cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. German wind turbine manufacturer Enercon has announced that it has agreed to another close cooperation with the utility Energie Burgenland in its expansion of onshore wind energy in Austria. The two […]

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RWE Closes Deal With E.ON, Takes Over Operations at innogy

The final step in one of the largest transactions in German industrial history has been completed with RWE taking over the innogy activities from E.ON The final step in one of the largest transactions in German industrial history has been completed with the major asset swap between RWE and E.ON, with which RWE took over […]

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Ørsted Completes Work on 230 MW Plum Creek Wind Project

Ørsted has announced that it has completed the 230 MW Plum Creek wind farm in Nebraska’s Wayne County. The project consists of 82 wind turbines. Ørsted has announced that it has completed the 230 MW Plum Creek wind farm in Nebraska’s Wayne County. The project consists of 82 wind turbines and represents Ørsted’s first operational […]

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The Case for Mini Grids Stronger Than Ever, Says Global Report

A new report launched yesterday (July 1), State of The Global Mini-Grids Market Report 2020 has delved deeply into the present, potential, and obstacles to further growth of mini-grids around the world. For its research and conclusions, the report focused on mini-grids in Sub-Saharan Africa, Asia, and small island nations. Created for the Mini Grids […]

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UAE’s Post-COVID-19 Recovery Plan Will Focus on Sustainable Economic Growth

The UAE’s post-COVID-19 recovery plan will focus on sustainable economic growth, Dr. Thani bin Ahmed Al Zeyoudi, Minister of Climate Change and Environment, said today at a virtual event for Masdar employees. Masdar is playing a leading role both in food security and in renewable energy development, where it is supporting “building a greener, healthier […]

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Average Power Price in RTM Lowers to Rs 2.22 per Unit in June

The average spot power price in the RTM was at Rs 2.22 per unit in June, which is lower than Rs 2.35 per unit in the day-ahead market at the IEX. The average spot power price in the real-time market (RTM) in its first month of operation of June was at Rs 2.22 per unit, […]

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