AMPIN Energy Transition has secured a EUR 25 million investment from OeEB, Austria’s Development Bank. The investment will aid in expanding AMPIN’s renewable energy portfolio and establishing a 1 GW solar production facility in Odisha. This aligns with India’s goal to increase renewable energy capacity, outlined in the National Electricity Plan 2022-2027. OeEB’s support underscores its focus on green finance and climate action. AMPIN, with a current 3 GW portfolio, aims to reach 10 GW by 2030, contributing significantly to India’s energy transition.
India’s renewable energy gets financial boost
AMPIN and OeEB collaborate to accelerate India’s renewable energy transition. (Image Credit: AMPIN).
The 312 MW solar projects span multiple Japanese regions and boost Nozomi Energy’s portfolio to 750 MW. (Image Source: Actis)
Emeren sold its 2.8 MW solar project in Maine to Altus Power, completing the transfer through sale and operation handover. (Image credit/Source: KindelMedia/Pexels)
A 1.14 MW solar farm in Novo Selo, North Macedonia, featuring Huawei inverters with over 90% efficiency. (Image Credit/Source:SolarEnergy/Pixabay)
Grenergy sold 23% of Oasis de Atacama, including 451 MW solar and 2.5 GWh storage, generating 1.3 TWh annually. (Image Credit/Source: SolarPanal355/Pixabay)