Brookfield acquires controlling stake in Leap Green Energy
Brookfield will initially make an equity investment of over $200 million in Leap Green Energy, through subscription of new shares and acquisition of shares from current shareholders. It may infuse further $350 million of incremental equity capital to support Leap Green’s future growth in renewable energy solutions for the commercial and industrial sector.
Amazon meets 100% renewable energy goal seven years early
All of the electricity consumed by Amazon’s operations, including its data centers, was matched with 100% renewable energy in 2023
Advait Infratech secures solar, green hydrogen projects worth INR 72.69 crore
Advait Infratech Ltd has received Letters of intent from KP Group of Companies to execute a 30 MW solar plant and a 1 MW green hydrogen project on EPC basis in Gujarat.
Godrej & Boyce sets up 12.5 MWp rooftop solar plant for a textile customer
The project is purportedly one of the three largest rooftop solar installations in India and the largest in Madhya Pradesh.
India leading the solar wave to become world’s second-largest module manufacturer
Continued government support, coupled with strategic investments in technology and infrastructure, will be crucial in realizing India’s renewable energy goals and cementing its position as a global leader in solar module manufacturing.
WoodMac predicts 3.8 TW of new solar by 2033
Solar developers are expected to install 3.8 TW (AC) of global capacity between 2024 and 2033, according to the latest forecast from Wood Mackenzie. The analysts predict that new wind and solar installations will reach a combined 5.4 TW, taking the cumulative global total of the two technologies to 8 TW by 2033. Energy storage capacity, […]
Viraj Profiles announces commissioning of 130 MW DC solar plant for self-consumption
The solar plant in Maharashtra, established in partnership with Avaada, will power Viraj Profiles’ Tarapur stainless steel manufacturing operations.
Chemitek offers metal oxides removal agent for PV panels
The Portugal-based company has developed a metal oxides removal agent product for PV installations located near foundries, steelworks and metal ore mines.
ICRA upgrades Tata Power to AA+ with Stable outlook
The ratings upgrade takes into account Tata Power’s healthy operating and financial performance driven by the diversified business profile, superior operating efficiencies, and long-term offtake agreements for the generating portfolio.
Oriana Power secures 25 MWp agrivoltaic project under group net metering in Delhi
Oriana Power has secured the order to set up a 25 MWp agrivoltaic plant for offtake by a real estate developer under group net metering policy in Delhi. This project is set to become the largest agrivoltaic installation in India, combining solar power generation with large-scale farming.
