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ORLEN acquires 300MW renewable energy assets in Poland
Orlen Group, through its subsidiary ORLEN Wind 3, has finalized the acquisition of two solar photovoltaic (PV) farms and a wind farm from EDP Renewables Polska, boosting its renewable energy generation capacity by more than 300 MW. The assets include solar PV farms in the Zielona Góra and Poznań provinces, and a wind farm in…
KPI Green subsidiary signs BESPA with GUVNL for 445 MW BESS projects
KPI Green Energy Limited has announced that its subsidiary, Sun Drops Energia Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) to develop independent power producer (IPP) standalone battery energy storage system (BESS) projects. The agreement covers projects with an aggregate capacity of 445 MW / 890…
Gensol Engineering secures Rs 7.8 billion solar EPC order in Maharashtra
Gensol Engineering Limited has won a Rs 7.8 billion turnkey engineering, procurement, and construction (EPC) contract from a major public sector utility in Maharashtra for a 150 MW ground-mounted solar PV plant. The project, slated for completion within 15 months, covers land acquisition, design, engineering, procurement, manufacturing, installation, testing, and commissioning, alongside infrastructure development to…
Polenergia and Equinor finalise CTVs for Baltyk 2 and 3 wind farms
Polenergia and Equinor Wind Power have finalized charter agreements for crew transfer vessels (CTVs) to support the construction of the Baltyk 2 and Baltyk 3 offshore wind farms in the Polish Baltic Sea, each with a capacity of 720 MW. Project companies MFW Bałtyk II and MFW Bałtyk III, formed by the two firms, are…
Reliance sees mixed Q1 in energy segments amid price volatility
Reliance Industries recorded a mixed financial performance in the first quarter of FY26. Its Oil-to-Chemicals (O2C) segment posted a 10.8 per cent year-on-year increase in EBITDA, supported by stronger fuel retail margins and higher transportation fuel cracks. However, segment revenue declined 1.5 per cent due to lower crude prices and planned shutdowns that reduced output….
Continuum Green acquires full control from CEIL ahead of IPO
Continuum Green Energy Holdings will acquire the remaining 26% stake in Continuum Green Energy from Clean Energy Investing (CEIL), giving it full ownership ahead of a planned initial public offering (IPO). The share purchase agreement was signed on September 23. With this acquisition, founders Vikash Saraf and Arvind Bansal will have 100% control of the…
