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Gensol, Matrix to develop India’s first green steel production facility
Gensol Engineering has partnered with Matrix Gas & Renewables to establish India’s first green steel production facility using 100% green hydrogen. The project, with a total capital expenditure of Rs 3.21 billion, will receive 50% capex incentives from the Government of India under the National Green Hydrogen Mission. Sanctioned as one of three pilot projects…
EU set to add record 89 GW of renewables in 2025
The European Union is projected to install 89 GW of new renewable energy capacity in 2025, according to European Commission estimates reported by Reuters. This includes 70 GW of solar and 19 GW of wind power. If achieved, this would surpass 2024’s total of 78.4 GW, marking a new record in annual additions. The EU’s…
Adani Wind secures 165 MW turbine order from Fourth Partner Energy
Adani Wind, the wind energy manufacturing arm of Adani New Industries Limited, has received a 165 MW order from Fourth Partner Energy Limited (FPEL) for wind turbine supply. The turbines will be deployed across projects in Tamil Nadu, Maharashtra, Karnataka, and Gujarat. The order includes 50 wind turbine generators from Adani’s 3.3 MW platform. Each…
Insolation Energy establishes subsidiary for renewable energy
Insolation Energy has launched a new subsidiary, MGVI Green Infra One, to focus on solar and renewable energy projects. The subsidiary will handle the development, installation, construction, operation, and maintenance of solar power plants and other renewable energy projects. It will also provide consultancy services and commission rooftop solar photovoltaic projects with comprehensive operation and…
India | Generation | NewsDMR Engineering secures hydro consultancy order in Bhutan
DMR Engineering Limited has secured an international consultancy contract valued at Rs 4.60 crore for work on the Jongthang Hydropower Project in Bhutan. The contract has been awarded to the company in association with ERM India Private Limited. In a regulatory filing submitted on January 16, 2026, DMR Engineering, formerly DMR Hydroengineering and Infrastructures Limited,…
CIF capital markets mechanism raises $500m with inaugural bond
The Climate Investment Funds (CIF) capital markets mechanism (CCMM) raised $500m through its debut bond, marking a historic step in mobilising finance for climate action. The bond was six times oversubscribed, attracting over $3bn in global investor interest. This inaugural bond, part of CCMM’s borrowing programme launched at COP29 in November 2024, aims to scale…
