Renewables Financial News

10.08 / 07:59

UPS Target Platform Chase Renewables Project Diamond: Renewables group seeks to divest QLD pipeline

Ambitious Pan-Asian renewable energy developer Carbon Resilience is seeking to capitalise on the rush to secure early-stage renewable development assets, kicking off a sales process for its 14-gigawatt development portfolio in Queensland.

09.08 / 13:57

Parke country Renewables Hinduja Renewables bags 80 MW project in Madhya Pradesh

Hinduja Renewables on Wednesday said it has bagged an 80 MW tender in the world's largest floating solar park along the banks of Narmada at Omkareshwar in Madhya Pradesh. «Hinduja Renewables was declared the successful bidder for Unit C in the Phase II of the project at a tariff of Rs 3.89/kWh yesterday (8th August 2023) by Rewa Ultra Mega Solar Limited (RUMSL), the solar park developer and the tendering authority for this project.

08.08 / 10:55

UPS CEO Align Renewables acquires GPS Renewables acquires Germany-based Proweps Envirotech

GPS Renewables, a Bengaluru headquartered biofuels technology company, has acquired Germany-based Proweps Envirotech GmbH, for an undisclosed amount. Proweps Envirotech GmbH is a design and engineering company that specializes in technologies to utilize municipal and industrial organic waste and agri-residue for biogas production.

01.08 / 17:53

UPS Target Man Manufacturing Continental country Renewables Brookfield Brookfield, RIL bet on renewables in Australia

₹5.95 trillion) in green energy and other projects in Gujarat. It will also set up a 10GW solar project in Andhra Pradesh.

31.07 / 10:25

UPS Target CEO Parke country Power Deal Renewables Solar Rays Power Infra signs 283-MW solar project deal with Serentica Renewables

New Delhi: Rays Power Infra, a solar power company, on Monday said it has signed an engineering, procurement, and construction (EPC) term sheet for a 283-MW solar project with Serentica Renewables, an end-to-end energy solutions company focusing on industrial decarbonisation. Based on the agreement between the two companies, Rays Power Infra shall be responsible for the engineering, procurement, and construction of a 283MWdc solar PV project using single-axis trackers and bifacial modules, it added. “We are pleased to inform you that Rays has signed a 283 MWp Solar EPC project with Serentica Renewables.

26.07 / 15:55

Provident Target Progressive CEO Strategy Align Renewables ReNew, Gentari collaborate to invest in 5GW renewables in India

ReNew Power and clean energy solutions provider Gentari on Wednesday announced a strategic collaboration to form a 50:50 joint venture for exploring avenues to invest in 5 GW renewable capacity in India. The collaboration between the parties follows Gentari's initial investment for a 49 per cent equity stake in ReNew's 403 MW Peak Power project in May this year, a company statement said.

17.07 / 15:51

IPO Provident Enterprise Matrix Renewables Matrix Gas and Renewables files for IPO, to be listed on NSE Emerge

small and medium enterprises (SMEs). The gas aggregator plans to use the proceeds from the issue primarily towards meeting the working capital requirements for sourcing natural gas, RLNG (regasified liquefied natural gas), and importing LNG (liquefied natural gas) cargoes.

03.07 / 22:17

COST UPS Provident Target NEM Renewables Origin up against Euro majors for giant Qld renewables project

Origin Energy is up against two European rivals vying for the right to build what would be one of Queensland’s largest renewable energy projects, supplying green energy to a plant in the state’s north that will produce vanadium.

09.06 / 13:15

LGBT European Union Renewables The EU needs renewables to curb Russian fossil fuel dependence. For these, it's dependent on China.

Russia's invasion of Ukraine has exposed the European Union's dependence on Russian fossil fuels and accelerated the bloc's transition into renewables.

30.01 / 20:57

Energy Congress POW Renewables Fossils vs. Renewables, PoW vs. PoS: Key policy issues around crypto mining in the U.S.

On Jan. 27, a group of eight U.S. lawmakers, led by Senator Elizabeth Warren, sent letters to the world’s six largest Bitcoin mining companies, demanding to reveal the detailed data on their electricity consumption. This isn’t the first time Senator Warren requested this information from a mining operation — last month a similar letter was sent to Greenidge Generation, which uses a natural gas plant to power its facility.

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