ReNew Power

Singapore Construction Equipment Market Strategic Assessment & Forecast 2024: Compound Annual Growth of 5.8% Forecast During 2023-2028, Driven by Infrastructural Investments & Public Housing Projects - ResearchAndMarkets.com

Retrieved on: 
Monday, April 29, 2024

This initiative will expand upon ongoing projects like Silver Zones, School Zones, Transit Priority Corridors, and other roads and support the growth of the Singapore construction equipment market.

Key Points: 
  • This initiative will expand upon ongoing projects like Silver Zones, School Zones, Transit Priority Corridors, and other roads and support the growth of the Singapore construction equipment market.
  • Earthmoving equipment accounted for the largest market share of the Singapore construction equipment market in 2023.
  • Rising investment in housing, port expansion, and public infrastructure projects is expected to drive the demand for excavators in the Singapore construction equipment market.
  • Most of the FDI investment will be directed to Lion City, propelling the growth of the Singapore construction equipment market.

Hill International Names Kshitish V. Nadgauda as Senior Vice President & Managing Director (India)

Retrieved on: 
Wednesday, March 20, 2024

MOUNT LAUREL, N.J. and MUMBAI, India, March 20, 2024 (GLOBE NEWSWIRE) -- Hill International, Inc., delivering the infrastructure of change, announced today the appointment of Kshitish V. Nadgauda as Senior Vice President & Managing Director for India.

Key Points: 
  • MOUNT LAUREL, N.J. and MUMBAI, India, March 20, 2024 (GLOBE NEWSWIRE) -- Hill International, Inc., delivering the infrastructure of change, announced today the appointment of Kshitish V. Nadgauda as Senior Vice President & Managing Director for India.
  • Hill has supported major infrastructure, commercial, and other projects across India since entering the country in 2009 and considers the region an engine for growth for the foreseeable future.
  • Hill is also providing cost consultancy services for other major projects across the country.
  • As Managing Director, Mr. Nadgauda will be responsible for executing Hill’s corporate vision and strategy and directing and controlling operations to achieve the company’s goals.

bp begins construction on new Texas solar project

Retrieved on: 
Tuesday, September 26, 2023

HOUSTON, Sept. 26, 2023 /PRNewswire/ -- bp (NYSE: BP) has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to lower carbon energy.

Key Points: 
  • HOUSTON, Sept. 26, 2023 /PRNewswire/ -- bp (NYSE: BP) has started construction on its 187MWdc Peacock Solar project, located 10 miles north of Corpus Christi in San Patricio County, Texas, helping support the global transition to lower carbon energy.
  • "It's another way bp is accelerating growth of our US solar generation capacity, investing in America, and advancing our transformation to an integrated energy company."
  • bp's 50:50 joint-venture partner, global solar leader Lightsource bp, is developing the project and managing the construction on behalf of bp.
  • PCL Construction, the main engineering, procurement and construction contractor for the project, will install ultra-low carbon solar panels and trackers from US-based manufacturers First Solar and GameChange Solar, respectively.

bp Leads $12.5 Million Series A Investment In Low-Cost Hydrogen Electrolyzer Innovator, Advanced Ionics

Retrieved on: 
Tuesday, August 15, 2023

“bp ventures’ investment in Advanced Ionics is a powerful backing of our technology’s potential to help accelerate green hydrogen’s future and heavy industry’s shift towards decarbonization,” said Chad Mason, CEO of Advanced Ionics.

Key Points: 
  • “bp ventures’ investment in Advanced Ionics is a powerful backing of our technology’s potential to help accelerate green hydrogen’s future and heavy industry’s shift towards decarbonization,” said Chad Mason, CEO of Advanced Ionics.
  • Advanced Ionics’ electrolyzer stack requires less than 35 kWh per kilogram of produced hydrogen compared to more than 50 kWh per kilogram for typical electrolyzers.
  • “Advanced Ionics’ technology has the potential to drive down cost and disrupt the hydrogen market,” said Gareth Burns, vice president of bp ventures.
  • In addition to bp Ventures’ investment, bp will also be exploring pilot opportunities with Advanced Ionics.

Breakthrough Institute Appoints Varun Sivaram to Board of Directors

Retrieved on: 
Monday, July 10, 2023

BERKELEY, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- The Breakthrough Institute , a global research center that identifies and promotes technological solutions to environmental and human development challenges, is pleased to announce the appointment of Varun Sivaram to its Board of Directors.

Key Points: 
  • BERKELEY, Calif., July 10, 2023 (GLOBE NEWSWIRE) -- The Breakthrough Institute , a global research center that identifies and promotes technological solutions to environmental and human development challenges, is pleased to announce the appointment of Varun Sivaram to its Board of Directors.
  • Mr. Sivaram has been a board member or advisor for the United Nations, the World Economic Forum, Stanford's Woods Institute and Precourt Institute, the Aspen Institute, ITIF, the Energy for Growth Hub, and the cities of Los Angeles and New York City.
  • “We have been fellow travelers with Varun for years, and we’re really excited to now have him on our board,” said Breakthrough’s Executive Director Ted Nordhaus.
  • Previously, Varun has offered counsel on Breakthrough Institute research projects, spoken on panels at Breakthrough events, and been published in the Breakthrough Journal.

Kloopify Launches Climate Action Platform After Raising $1.5 Million Seed Funding

Retrieved on: 
Tuesday, February 14, 2023

PITTSBURGH, Feb. 14, 2023 /PRNewswire-PRWeb/ -- Kloopify, the only climate action platform for the commodities companies buy, announced a $1.5 million seed funding round led by Black Tech Nation Ventures, a Pittsburgh-based venture capital fund aimed at funding tech start-ups founded by Black and diverse entrepreneurs. This capital will further Kloopify's mission of accelerating revenue growth for businesses making the transition to environmentally sustainable purchasing decisions. Also participating in the round are Innovation Works, Hypothesis, The Fund Midwest, The Unity Now Fund and The Urban Redevelopment Authority (URA).

Key Points: 
  • PITTSBURGH, Feb. 14, 2023 /PRNewswire-PRWeb/ -- Kloopify , the only climate action platform for the commodities companies buy, announced a $1.5 million seed funding round led by Black Tech Nation Ventures , a Pittsburgh-based venture capital fund aimed at funding tech start-ups founded by Black and diverse entrepreneurs.
  • In a pilot for the City of Pittsburgh, Kloopify ingested data from $71 million in purchases across 1,419 suppliers.
  • Kloopify is the leading solution that provides purchasing professionals with automated, near-time data into the climate impact of the commodities they buy.
  • Today, Kloopify is the strongest solution providing near-time visibility into the emissions associated with procurement and turning sustainability goals into action," said Kelauni Jasmyn, general partner, Black Tech Nation Ventures and Kloopify board member.

ReNew unveils new brand identity as it reinforces leadership in providing decarbonisation solutions

Retrieved on: 
Monday, February 13, 2023

GURUGRAM, India, Feb. 13, 2023 /PRNewswire/ -- ReNew Power, a pioneer in the renewable energy space, has made a strategic decision to rebrand itself as ReNew. The new brand identity reflects the company's transition from being a pure-play renewable Independent Power Producer to an end-to-end provider of solutions across the decarbonisation spectrum.

Key Points: 
  • GURUGRAM, India, Feb. 13, 2023 /PRNewswire/ -- ReNew Power, a pioneer in the renewable energy space, has made a strategic decision to rebrand itself as ReNew.
  • The new brand identity reflects the company's transition from being a pure-play renewable Independent Power Producer to an end-to-end provider of solutions across the decarbonisation spectrum.
  • ReNew's new identity will reinforce its position as a leader in the energy services space and also a global brand with strong roots in India.
  • Speaking on the occasion, Sumant Sinha, Chairman and CEO, ReNew, said, "ReNew aims to provide solutions that will enable companies and countries to make a rapid, urgent and ethical transition towards clean energy.

ReNew unveils new brand identity as it reinforces leadership in providing decarbonisation solutions

Retrieved on: 
Monday, February 13, 2023

GURUGRAM, India, Feb. 13, 2023 /PRNewswire/ -- ReNew Power, a pioneer in the renewable energy space, has made a strategic decision to rebrand itself as ReNew. The new brand identity reflects the company's transition from being a pure-play renewable Independent Power Producer to an end-to-end provider of solutions across the decarbonisation spectrum.

Key Points: 
  • GURUGRAM, India, Feb. 13, 2023 /PRNewswire/ -- ReNew Power, a pioneer in the renewable energy space, has made a strategic decision to rebrand itself as ReNew.
  • The new brand identity reflects the company's transition from being a pure-play renewable Independent Power Producer to an end-to-end provider of solutions across the decarbonisation spectrum.
  • ReNew's new identity will reinforce its position as a leader in the energy services space and also a global brand with strong roots in India.
  • Speaking on the occasion, Sumant Sinha, Chairman and CEO, ReNew, said, "ReNew aims to provide solutions that will enable companies and countries to make a rapid, urgent and ethical transition towards clean energy.

Federal Home Loan Bank of Atlanta Announces Three New Members of its Affordable Housing Advisory Council

Retrieved on: 
Wednesday, January 4, 2023

ATLANTA, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three members to its Affordable Housing Advisory Council (Council).

Key Points: 
  • ATLANTA, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three members to its Affordable Housing Advisory Council (Council).
  • Mr. Grant’s banking career in Maryland spans over forty years, beginning in 1978 with First National Bank of Oakland, Maryland.
  • He served on the board of directors of the Baltimore branch of the Federal Reserve Bank of Richmond from 2007 to 2013.
  • His initiatives as Mayor have included neighborhood revitalization and affordable housing among a number of other important initiatives.

ReNew Power makes a strong debut at the CDP ratings for climate change actions and transparency

Retrieved on: 
Thursday, December 22, 2022

ReNew has received a 'B' rating for its actions to cut emissions, mitigate climate risks and develop a low-carbon economy, based on data reported by ReNew through CDP's 2022 climate change questionnaire.

Key Points: 
  • ReNew has received a 'B' rating for its actions to cut emissions, mitigate climate risks and develop a low-carbon economy, based on data reported by ReNew through CDP's 2022 climate change questionnaire.
  • CDP is a not-for-profit organisation that runs a global disclosure system for investors, companies, cities and states to manage their environmental impact.
  • Globally, more than 15,000 companies have disclosed on CDP and ReNew Power is in an elite group of companies that have debuted with a strong upper-grade 'B' rating which is higher than Asia's regional average of 'C'.
  • Chief Sustainability Officer, Vaishali Nigam Sinha said, "ReNew Power's CDP debut reflects our dedication to a fossil-free future while holding ourselves accountable to our stakeholders.