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Masdar, SOCAR, and ACWA Power partner for offshore wind in Azerbaijan
Masdar, SOCAR Green, and ACWA Power have signed a memorandum of understanding (MoU) to develop 3.5 GW of offshore wind capacity in the Azerbaijan section of the Caspian Sea. These will be the country’s first offshore wind farms, supporting Azerbaijan’s renewable energy, green hydrogen, and water desalination goals. The MoU was signed by key leaders:…
India | Leadership | NewsKPI Green Energy appoints Rajesh Shrivastava as Whole-Time Director
KPI Green Energy Limited has appointed Rajesh Shrivastava as Additional Director and Whole-Time Director and proposed the re-appointment of Venu Birappa as Independent Director for a second term, subject to shareholder approval. The decisions were approved by the company’s Board of Directors at its meeting held on May 15, 2026, following recommendations from the Nomination…
West Bengal budget plans new thermal plant, floating solar and 15 new substations
The West Bengal government has allocated Rs 5,345.16 crore to the Power Department in its 2026-27 budget, outlining a series of thermal power, renewable energy and transmission infrastructure projects to meet rising electricity demand. The budget also earmarks Rs 305.87 crore for Non-Conventional and Renewable Energy Sources and Rs 100 crore for rooftop solar installations….
Georgia Power submits 2025 integrated resource plan
Georgia Power has submitted its 2025 Integrated Resource Plan (IRP) to the Georgia Public Service Commission (PSC), outlining strategies to meet the state’s energy needs with a focus on reliability and economic efficiency. The plan builds on previous IRPs and the 2023 IRP update approved by the Georgia PSC in April 2024. The 2025 IRP…
Andhra Pradesh approves Rs 183.58 billion investment for RE projects
The State Investment Promotion Board (SIPB) of Andhra Pradesh has approved investment proposals worth Rs 183.58 billion for setting up 2,087.6 MW of renewable energy projects across the state. The approved projects include: NSL Renewable CPP Private Limited: A 50 MW wind-solar hybrid power project with an investment of Rs 5.67 billion. Tata Power Renewable…
Powergrid InvIT announces H1 FY2024-25 results
Power Grid Corporation of India Limited (POWERGRID) has released the half-yearly report for its Infrastructure Investment Trust, POWERGRID Infrastructure Investment Trust (PGInvIT). PGInvIT recorded a consolidated income of Rs 6,557.15 million for H1 FY2024-25, reflecting strong revenue generation. Net distributable cash flows reached Rs 5,228.20 million, with total distributions of Rs 5,460 million to unitholders….
