Green energy and clean technology initiatives in the US, the European Union, and the United Kingdom might benefit from a $15 billion investment fund funded by Bill Gates. Breakthrough Energy Catalyst (BEC) intends to use public-private partnerships to subsidize the commercialization of technologies such as direct air capture, green hydrogen,Continue Reading
Cochin International Airport Ltd (CIAL), which became the world’s first solar-powered airport in 2015, has made yet another move in self-sustainability of power, by commissioning a ‘floating’ solar power plant which will have a capacity of 452 Kilowatt-hours (KWh) on Sunday. With the installation of the plants with a capacityContinue Reading
Central Government has asked state lenders to provide over $1 billion to government power distribution companies to clear longstanding debts to green energy firms that could hinder further investment. The companies owe solar and wind power generators including Goldman Sachs-backed ReNew Power and Softbank-backed SB Energy over 97 billion rupeesContinue Reading
The green energy sector in UP has attracted private investment proposals worth over Rs 728 billion. The green energy sector accounted for over 15% of the composite Rs 4.68 trillion worth of Memorandum of Understanding (MoUs) signed during the two-day UP Investors Summit 2018 on 21-22 February. The green energyContinue Reading
NEW DELHI: Adani Enterprises announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. Post demerger scheme, which has been approved by the boards of the two companies, Adani Green Energy Ltd (AGEL) would be listed on theContinue Reading
