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Alcazar Energy acquires rights for 968MW of renewable projects in Serbia
Sustainable infrastructure fund Alcazar Energy Partners has signed agreements with RP Global to acquire rights for 968MW of renewable energy projects in Serbia. The deal includes Project Celzijus 1, a 200MW onshore wind farm, and a pipeline of 768MW in wind and solar projects. Project Celzijus 1, located in the Western Balkans, is set to…
PFC Consulting forms SPV for 3 GW renewable power transmission in Gujarat
PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation (PFC), has incorporated a special purpose vehicle (SPV) named Raghanesda RE Transmission Limited. The SPV will oversee the development of the “Transmission System for evacuation of renewable energy power from the Raghanesda area of Gujarat – 3 GW under Phase-I.” The project, with an estimated…
IEA says nuclear power enters revival phase with 70GW under construction
Fatih Birol, executive director of the International Energy Agency (IEA), said “nuclear is back” during his keynote at the World Nuclear Exhibition in Paris. He cited IEA data showing 2025 nuclear generation at its highest level and 70GW of new construction under way. The IEA report, commissioned in June 2024, finds 40 nuclear newcomer nations…
NTPC Green commissions 13.98 MW from Khavda solar project
NTPC Green Energy Limited (NGEL) has announced the commercial commissioning of 13.98 MW from its Khavda solar project in Gujarat, further expanding operational renewable capacity under its large-scale development programme. In a regulatory filing dated 29 December 2025 under the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements (LODR) Regulations, NGEL…
EU targets 90% emissions cut by 2040, launches Hydrogen Mechanism for clean industry
The European Commission (EC) has proposed an amendment to the EU Climate Law, targeting a 90% reduction in net greenhouse gas emissions by 2040, compared to 1990 levels. The amendment builds on the legally binding commitment to climate neutrality by 2050, which came into effect in July 2021. The proposal is grounded in the Commission…
Raychem RPG becomes first Indian firm to earn E3, C3, F1 certification for cast resin transformers
Raychem RPG has become the first Indian manufacturer to earn the E3, C3, and F1 certifications for its cast resin transformers (CRTs). The certification was awarded after rigorous testing at CESI laboratories in Italy. CESI is renowned for its advanced testing facilities, including KEMA Labs, which is known for its high-power laboratory capabilities. In a…
