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Afreximbank funds hydropower project in DRC
Afreximbank has signed a financing agreement for a 200 MW hydropower project along the Lufira River in the Democratic Republic of Congo (DRC), in partnership with Kipay Investments. This marks the bank’s first private-sector renewable energy project in the DRC. The project includes the development of a reservoir-based hydropower plant aimed at providing clean, affordable…
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…
KfW inspect green corridor projects in Madhya Pradesh
A delegation from KfW Development Bank recently reviewed transmission projects executed by Madhya Pradesh Power Transmission Corporation Ltd (MPPTCL) under the Green Energy Corridor – Phase I (GEC-I). As per MPPTCL’s release, these projects were completed ahead of schedule and are now operational. The GEC-I scheme, funded by KfW, includes intrastate transmission systems aimed at…
NHPC and GGGI join forces to promote clean energy
NHPC Limited has signed a Memorandum of Understanding (MoU) with the Global Green Growth Institute (GGGI) to collaborate on advancing clean energy solutions, including agrivoltaics, green hydrogen, and sustainable financing. The partnership aims to address climate challenges and accelerate India’s low-carbon transition by integrating renewable energy with agriculture, developing green hydrogen projects, and boosting investments…
Ganesh Green Bharat secures Rs 430 crore solar module supply order
Ganesh Green Bharat Ltd has secured a domestic order worth over Rs 430 crore for the supply of 630 Wp G12R TOPCon n-type bifacial solar PV modules. The order involves supplying high-efficiency bifacial modules designed for utility-scale solar projects, with a focus on improved energy yield and durability. The company said the modules will be…
Bangladesh owes Tripura Rs 20 billion in electricity dues
Bangladesh owes Tripura Rs 20 billion for electricity supplied under an agreement with the Tripura State Electricity Corporation Limited. Tripura provides 60-70 MW of power, but the dues are increasing daily. Chief Minister Manik Saha stated that no decision has been made on halting the supply yet, but payment must be cleared to avoid disruptions….
