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Renew Power Expands Leadership Team; Hires 3 Top Executives

The company has appointed Mayank Bansal as President – Strategy & Operations, Varun Sivaram as Chief Technology Officer and Stephen O’Rourke as Managing Director, ReNew North America. One of the leading Independent Power Producer (IPP) ReNew Power has appointed three senior executives who have joined the organization in leadership roles. These strategic appointments are in-line […]

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Ørsted Buys 100% Equity in Deepwater Wind for $150 Mn

Post completion of the transaction, the new organization will be named as Ørsted US Offshore Wind. Danish energy company Ørsted has inked a pact with the D.E. Shaw Group to acquire a 100 percent equity interest in US-based offshore wind developer Deepwater Wind for about USD 510 million. As per the deal, the two companies’ […]

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Greenko Completes Orange Renewable Acquisition; Agrees to Buy Skeiron Assets

Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. India’s one of the leading renewable energy companies, Greenko Energy Holdings (Greenko) has completed the assets acquisition of Orange Renewables. Moreover, it has also inked a definitive purchase pact to buy Skeiron Green Renewables. The combined deal of Orange and Skeiron […]

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RE Invest Aims to Showcase India’s Performance; Subsides Investment

Ministry of New and Renewable Energy (MNRE)’s flagship event, RE Invest, to promote the spread of renewable energy has this time aimed at exchange of ideas between state and private players. Unlike the first RE Invest held in 2015, the second RE Invest has rather chose to showcase India’s achievements in the renewable energy sector […]

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Softbank group’s CEO Mr. Masayoshi Son offers free Electricity after 25 years

Chief Executive Officer, Soft Bank Group, Mr Masayoshi Son, addressed the plenary session of the 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018), organised by the Ministry of New and Renewable Energy, Government of India. The First Assembly of International Solar Alliance (ISA); the 2nd IORA Renewable Energy Ministerial Meeting and the 2nd […]

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States invite investors; promise full support to meet renewable targets

The Chief Minsters’ Plenary Session at the 2nd Global RE-INVEST India-ISA Partnership Renewable Energy Investors Meet & Expo saw representatives of Himachal Pradesh, Puducherry, Andaman & Nicobar Islands and Uttar Pradesh sharing the renewable energy policy initiatives implemented by these states and their vision for capacity expansion. The session was moderated on October, 3, 2018 […]

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SoftBank Group to Offer Free Electricity to ISA Members

The 2nd REINVEST aims at accelerating the worldwide effort to scale up renewable energy and connect the global investment community,  one of which is SoftBank, with Indian energy stakeholders. MNRE has organized 2nd Global Renewable Energy Investment Meeting and Expo, (REINVEST- 2018) aiming to take another step towards inclusion of renewable energy in the energy mix. During […]

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Azure Power Signs Record 415 MP Gov’t PPAs in a Single Day

Various Government colleges, engineering colleges, polytechnics, Industrial Training Institutes (ITIs) and universities gathered in Bhopal for the Azure Power signing ceremony. Leading independent solar power producer, Azure Power has signed a record 415 PPAs for a portion of 11.2 MW rooftop solar power project won last month for Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL) in which […]

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Half European Union Houses can Contribute to RE Production by 2050: Report

About half of European Union households could contribute to produce renewable energy, with off grid communities contributing 37% of this number. With a considerable share in global photovoltaic (PV) and wind power equipment market, European Union (EU) has been working towards inclusion of its households in a bid to switch energy sources. According to a […]

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