Home » Daily Newsletter » ReNew Power Is Now ReNew, As Firm Seeks A Bigger Canvas
NASDAQ listed Renew Power has a new name, logo and domain now. The firm has made a serious statement of intent with a shift to the more generic ReNew along with the matching domain, at ReNew.com. The changes are being accompanied with the firm's transition...
The Union Cabinet Minister and the Minister of Power and New & Renewable Energy, R.K. Singh has confirmed that a 2 year exemption for buying exclusively from ALMM (Approved List of Module Manufacturers) will be coming for large renewable energy projects. Speaking at a conference,...
The Karnataka Cooperative Milk Producers' Federation (KMF) has issued tenders for the implementation of a solar power project of the capacity of 110 MW. The development will take place in group captive mode. As per the KMF tender, the last date for bid submission is...
The CERC has given its green signal to a petition filed by NTPC seeking permission to allow drawal of start-up power for Unit-I (800 MW) of Telangana Ph-I (2X800 MW) from the grid beyond the period of fifteen months (after 15.2.2023). NTPC shared that the...
There will be no floating solar plants coming up in the Kaleshwaram Lift Irrigation Scheme area in Telangana. Telangana Energy Minister G Jagadish Reddy has clarified in the State Assembly that the floating solar idea has been dropped by the state government as it was...
State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy - Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended...
The solar industry thrived in India with an addition of about 14 GW in the year 2022. Even so, it fell short of its 2022 solar target of a cumulative 100 GW comprehensively, ending up at 62 GW, with total rooftop solar at barely 7...
Renewable energy-related mergers and acquisition (M&A) deal value in Asia Pacific saw an increase by 11% year-on-year in 2022, thereby rising to $19 billion. Increase in onshore wind is a major contributor to this factor. As per Enerdatics, a research company, India and Australia were...
State-owned entity Cauvery Neeravari Nigam Limited (CNNL) has issued an expression of interest (EoI) for the empanelment of EPC contractors to develop a 4 MW captive solar plant for CNNL at Nanjangud Taluk, Karnataka. The last date for submission of bids is 24.02.2023 at 16:00:00....
A joint report by three think tanks has revealed that the solar and wind energy sectors in India have added 52,700 new workforce in project development roles in the last financial year. This marks an eight-fold jump in the employment in this segment from financial...
The Copenhagen Infrastructure Partners (CIP) has said it looks to invest EUR 8 billion in a mega offshore wind energy project in Portugal. According to reports, a spokesperson from the Denmark-based fund management firm CIP held that it will go for multi-billion investment in the...
Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing...
Automotive firm MG Motor India inaugurated 12 DC fast charging stations for EVs on the Delhi-Jalandhar corridor in partnership with Bharat Petroleum Corporation Limited (BPCL). The first MG Motor-BPCL fast-charging highway corridor will have the charging points installed at approx. every 100 Kms on both...
The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that...
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