Masdar to acquire Saeta Yield from Brookfield for $1.4 billion, expanding renewable energy footprint in Europe
Saeta Yield, a significant player in the renewable energy sector, operates 538 MW of wind assets in Spain, 144 MW in Portugal, and 63 MW of solar PV assets in Spain. The acquisition, however, does not include a regulated portfolio of 350 MW of concentrated solar power assets, which Brookfield will…
Renewable energy generation v. grid stability - A conflict of objectives?
It is well-known that availability of wind, solar or hybrid sources for RE generation, is based on climatic conditions and therefore cannot be accurately predicted on a daily basis. On the other hand, India’s power supply framework, which operates on a single national grid faces another serious…
COP28 goals could cut global emissions by 10 billion tonnes with right actions: IEA
These goals, aimed at achieving net-zero emissions from the global energy sector by 2050, involve transitioning away from fossil fuels and scaling up low-emission technologies.
Waaree Energies gets SEBI nod for IPO
“The company proposes to utilize the net proceeds towards part financing the cost of establishing the 6-GW of ingot wafer, solar cell, and solar PV module manufacturing facility in Odisha, India as well as for general corporate purposes,” it said.
JPMorgan says global firms keen to grow in India via M&A, IPOs
Financial services, including insurance and banking, are attracting significant interest. India has seen a rise in dealmaking activity with nearly $9 billion raised via IPOs this year and $77 billion in deals involving Indian companies.
NTPC Green Energy's Rs 10,000 cr IPO likely in November first week
NTPC Green Energy, a subsidiary of state-owned power giant NTPC, is likely to bring its initial public offering (IPO) to raise Rs 10,000 crore in first week of November, a source said.
Solar parts manufacturers seek government protection from cheap imports
Indian solar component producers are seeking trade protections against a surge of imports from countries like China and Vietnam. The Solar Ancillary Manufacturers’ Association has requested the government to impose tariff and non-tariff barriers to support local manufacturers. They argue that these…
Sustainiam to generate carbon credits for 400MW renewable assets of Brookfield Asset Management
"We have onboarded a portfolio of 400 MW renewable assets from Brookfield Asset Management for the registration, issuance and trading of International Renewable Energy Certificates (I-REC) or carbon credits," Sapna Nijhawan, Founder and CEO of Sustainiam, said.
Agrivoltaics – Panacea for India’s Energy Transition with Solar Power
India has successfully achieved greater momentum in the development of solar power. India now has over 87 GW installed solar capacity, which is over four times what it had wanted to achieve by 2022 – when it launched its National Solar Mission.
Holtec CEO lauds PM Modi's vision to support India's clean energy goals
"PM said to me that he wants to make India energy independent, he wants to rapidly grow clean energy in the country, and the meeting was for clean energy," Singh said.