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Fortescue buys 60% stake in Dutch based renewable energy firm

Fortescue Future Industries (FFI) is part of Fortescue Metals’ plan to become the world’s first major supplier of green iron ore, and aims to supply 15 million tonnes of green hydrogen globally by 2030. Fortescue Metals Group Ltd’s green energy unit said on Thursday it bought a 60% stake in Dutch-based renewable firm High yield […]

Role of prosumers in renewable energy adoption in India – EQ

Adani Green Energy Q4 results: Posts Rs 55 crore net profit

Chairman Gautam Adani said in the statement, “Adani Group has always maintained sustainability as a priority at the group. With the long-lasting impact that COVID-19 is due to have on all sectors, sustainability-driven business is imperative” New Delhi: Adani Green Energy on Monday posted a consolidated net profit of Rs 55.64 crore for the March […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Qatari firm acquires 9.9 per cent stake in Amin solar PV project

Qatar-based energy investments firm Nebras Power QPSC has announced that it has completed the acquisition of a 9.9 per cent equity stake in Amin Renewable Energy Company (AREC) in Oman, which is the owner of Project Amin. The transaction is a continuation of Nebras’s strategy implementation to enhance its asset base through attractive PPA opportunities […]

Construction of 5 solar parks underway across Iran -EQ