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Seven countries selected for $1bn industry decarbonisation programme
The Climate Investment Fund (CIF) has announced the launch of a $1 billion Industry Decarbonization Program, selecting Brazil, Egypt, Mexico, Namibia, South Africa, Türkiye, and Uzbekistan as the first countries to participate. This initiative is the first global concessional finance programme focused on helping developing nations decarbonise their high-emission industrial sectors. It targets hard-to-abate industries…
Adani Energy acquires Pune-III Transmission for Khavda project
Adani Energy Solutions Limited (AESL) acquired Pune-III Transmission Limited, a special purpose vehicle (SPV) for development of the Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-IV (7GW): Part D on November 19, 2024. PFC Consulting Limited (PFCCL) served as the bid process coordinator (BPC) for…
Hexa Climate signs 100 MW wind-solar hybrid PPA with CESC
Hexa Climate has signed a power purchase agreement (PPA) with CESC Limited for 100 MW of interstate transmission system (ISTS)-connected wind-solar hybrid power. The capacity was awarded through CESC’s tariff-based competitive bidding process for a total of 600 MW of wind-solar hybrid capacity. The project will be located in Mandsaur, Madhya Pradesh. It comprises 50…
ACME Solar commissions BESS capacity in Rajasthan
ACME Solar Holdings Limited has commissioned the fifth phase of two Battery Energy Storage System (BESS) projects in Rajasthan through its wholly owned subsidiaries, adding a combined 109.334 MW of storage capacity. Both phases have achieved commercial operation date (COD) on April 8, 2026, according to regulatory filings dated April 6, 2026. At the Phalodi–Jodhpur…
Google signs deal with Kairos for 500MW nuclear projects by 2035
Google has signed a master plant development agreement with Kairos Power to generate clean energy for its AI data centres using small modular nuclear reactors (SMRs). The agreement outlines a plan to deploy 500MW of advanced nuclear power projects across the US by 2035. Kairos Power will oversee the development, construction, and operation of a…
Meta signs agreements for 760 MW of renewable energy with Invenergy
Meta Platforms has signed four environmental attribute purchase agreements (EAPAs) with Chicago-based energy company Invenergy, securing 760 MW of renewable energy. This brings Meta’s total clean energy procurement from Invenergy to over 1 GW. Meta’s head of global energy, Urvi Parekh, highlighted the company’s commitment to clean energy, stating that surpassing the 1GW milestone demonstrates…
