Larsen & Toubro Limited (L&T) has formally established a new Renewable EPC (Engineering, Procurement, and Construction) vertical, carving it out from its existing Power Transmission & Distribution business within the Infrastructure Projects segment. This strategic reorganization reflects L&T’s response to the rapidly growing global demand for clean energy and its commitment to supporting the energy […]
Larsen & Toubro’s Renewable Energy arm has announced securing orders worth between Rs 10,000 to 15,000 crores for constructing two gigawatt-scale solar photovoltaic (PV) plants in the Middle East. These projects, with a combined capacity of 3.5 GW, mark a significant expansion of L&T’s portfolio in renewable energy, aligning with global shifts towards sustainable infrastructure […]
Statkraft, Europe’s largest renewable energy producer, has successfully completed its acquisition of Enerfin, the renewables subsidiary of Spanish company Elecnor. This strategic move significantly bolsters Statkraft’s operations in Spain and Brazil, adding 1.5 gigawatts (GW) of wind and solar power projects that are currently in operation or under construction, along with a robust pipeline of […]
NTPC Green Energy Limited (NGEL) and Indus Towers Limited (ITL) have taken a significant step towards enhancing India’s renewable energy capabilities by signing a Memorandum of Understanding (MoU). This agreement, sealed on April 18, 2024, at the SCOPE Complex in New Delhi, aims to jointly develop grid-connected renewable energy projects including solar, wind, and energy […]
Sunlight Energy Investments, a subsidiary of Genie Energy Ltd. (NYSE: GNE), a leading retail energy provider and promoter of renewable energy solutions, has recently announced the acquisition of a late-stage solar development project located in Hamilton, Indiana. This new venture is poised to supply power directly to Hamilton Community High and Elementary Schools through fixed-price […]
In a significant development for the renewable energy sector in the United States, CI Renewables LLC (“CI”), a distinguished independent developer and owner of large-scale commercial and industrial solar power facilities, has announced its collaboration with NJR Clean Energy Ventures (CEV), the renewable energy subsidiary of New Jersey Resources (NYSE: NJR). This partnership is set […]