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Former Statkraft, AGP Execs Target $500 Mn in Funding For India Green Energy Platform

A newly minted renewable energy platform co-founded by Rahul Varshney, the former India country head of Norwegian company Statkraft, is aiming to raise as much as $500 million (about Rs 4,250 crore) as it looks

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Power titans in fray for Statkraft's India unit

Tata Power, Adani Green, KKR-backed Serentica Renewables and Greenko are among 15 suitors vying to acquire Norwegian state-run renewable power producer Statkraft's India unit, said people familiar with the matter. Statkraft has put the Indian business on the block after deciding to exit its two-decade-old investments in the country.

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Grid and storage readiness is key to accelerating the energy transition

Connecting renewable energy to the power system needs grid infrastructure, both at transmission and distribution levels, including overhead lines, underground and submarine cables and power substations. Despite the obvious, this fact has been widely overlooked in several regions.

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What is green hydrogen and why do we need it? An expert explains

The time is right to tap into hydrogen’s potential to play a key role in tackling critical energy challenges. The recent successes of renewable energy technologies and electric vehicles have shown that policy and technology innovation have the power to build global clean energy industries.

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