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EU approves €2.6bn support for Estonia’s offshore wind sector
The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions. This initiative, aligned with the Estonian Maritime Spatial Plan, will fund the construction and operation of offshore wind farms through a competitive bidding process. The scheme, part of…
Techno Electric to set up 10 MW data centre for RailTel in Noida
Techno Electric & Engineering Company Ltd has received a letter of intent from RailTel Corporation of India to develop a 10 MW data centre in Noida, Uttar Pradesh. The facility will be built on RailTel-owned land. The award is subject to conditions outlined in the letter of intent and will proceed upon signing of a…
Masdar and Silk Road Fund to co-invest $2.8bn in renewable energy projects
Masdar, the Abu Dhabi Future Energy Company, and China’s Silk Road Fund have signed a memorandum of understanding (MoU) to co-invest up to 20 billion yuan ($2.8 billion) in renewable energy projects. The agreement, signed at the COP29 climate conference in Baku, Azerbaijan, focuses on Belt and Road Initiative (BRI) countries and the global south….
ACME signs PPA with NHPC for 250 MW FDRE project in Rajasthan
ACME Solar Holdings Private Limited has signed a 25-year power purchase agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project in Rajasthan. The agreement was signed on June 20, 2025. The agreement has been signed at a tariff of Rs 4.56 per kWh. The project is required to…
India and Denmark renew energy cooperation MoU
India and Denmark have signed a renewed Memorandum of Understanding (MoU) to strengthen their partnership on clean energy. This move builds on five years of collaboration and supports India’s goal of achieving net-zero emissions by 2070. The original MoU, signed on June 5, 2020, was set to end in 2025. By renewing it early, both…
PFCCL incorporates SPV for Anantapur II REZ Transmission System
PFC Consulting Limited (PFCCL) incorporated Anantapur II REZ Transmission Limited, a special purpose vehicle (SPV) for developing the Transmission System for integration of Anantapur-II REZ (Phase-I: 4.5 GW), on January 7, 2025. PFCCL has also been appointed as the bid process coordinator (BPC) for the selection of a transmission service provider (TSP) through a tariff-based…
