Indus Towers Limited and NTPC Green Energy Limited have signed MoU to collaboratively develop clean energy projects to supply power for its business operations across the nation. Indus Towers and NGEL will consider jointly developing grid-connected renewable energy projects, such as solar, wind, and energy storage, along with related...
Scout Clean Energy, a renewable energy company, has signed a 12-year Virtual Power Purchase Agreement (VPPA) with Zoetis Inc. for a 50-megawatt portion of Scout’s operating Heart of Texas Wind Farm. This represents over one-fourth of the 180 MW project’s total capacity, which can power approximately 67,000 homes annually. The...
Growth Opportunity Partners (Growth Opps), a community financial institution, and the International Brotherhood of Electrical Workers (IBEW) union have formed a partnership. This collaboration aims to implement the Solar for All program funded by the U.S. Environmental Protection Agency’s Greenhouse Gas Reduction Fund. Growth Opps is leading a $250...
Inox Wind Limited (IWL) has secured an order for the supply of 210 MW of wind turbine generators (WTGs) from Hero Future Energies. The order is for IWL’s state-ofthe-art 3 MW WTGs and the scope comprises of equipment supply with certain add-on services. Additionally, Inox Wind will provide post commissioning...
Indian Renewable Energy Development Agency Limited (IREDA) has inaugurated a new office in Gujarat International Finance Tec-City (GIFT), Gandhinagar, dedicated to offering debt options denominated in foreign currencies. This strategic move aims to support green hydrogen and renewable energy manufacturing projects by enabling natural hedging and substantial reductions in financing...
Citicore Renewable Energy Corporation (CREC) has secured a debt funding deal with Rizal Commercial Banking Corporation (RCBC) covering a portfolio of up to 1 GW DC of solar photovoltaic projects in the Philippines. The deal, totalling approximately PHP 20 billion in funding, was arranged by RCBC Capital Corporation, with the...
GPS Renewables has secured Rs 4.11 billion in debt financing from a consortium of major banks and financial institutions. The new funds would significantly enhance their capabilities to expedite the growth of sustainable green energy throughout the country. Moreover, the company intends to use this substantial financial injection to expand...
The joint venture (JV) between Apple Inc. and CleanMax Enviro Energy Solutions Private Limited has announced plans to establish six rooftop solar power projects totaling 14.4 MW in capacity. These projects aim to harness solar energy to meet the electricity needs of Apple's offices and two retail stores located...
Alternergy Tanay Wind Corporation (ATWC), a subsidiary of Alternergy Holdings Corporation has signed an agreement with the National Grid Corporation of the Philippines (NGCP) to connect the 100 MW Tanay Wind Power Project in Rizal to the grid. The 64 MW Alabat Wind Power Project in Quezon province follows a...
Avaada Energy has secured a 250 MW solar-wind hybrid power project in an auction by NTPC Limited. NTPC had issued a tender for the selection of hybrid power generators to supply 1,000 MW of power through interstate transmission system-connected projects. Upon commissioning, the hybrid power project is expected to generate...