Author: Manu Tayal

Azure Power Inks Subscription Pact to Raise $75 Mn

Gupta further said “with this capital raise, our current committed projects will be fully equity funded.” Country’s one of the largest solar power developers and operators Azure Power has signed a subscription pact to raise USD 75 million via private placement of over sixty four lakh equity shares at USD 11.55 per share to Caisse de depot et placement […]

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In Conversation with Rajneesh Khattar, Group Director – India, Informa Markets

 Informa is a leading international events, intelligence and scholarly research group. The company is listed on the London Stock Exchange and a member of FTSE 100, with over 11,000 colleagues working in more than 30 countries. It’s leading brands and expert teams operate events and exhibitions, deliver intelligence-based products and data-driven services, convene communities […]

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In Conversation with Milan Desai, VP-Industry Management & Automation (IMA), Phoenix Contact India

 Phoenix Contact India Pvt Ltd was established as a joint venture with Phoenix Contact GmbH and Co, Germany and has been one of the leading technology oriented company since its inception in 1993. With innovative products in the range of terminal blocks, connectors, interfacing solutions, surge protection devices and automation components, the company has […]

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Sterlite Power to Sell its Arcoverde Project in Brazil for About $35.5 Mn

The motive behind the construction of Arcoverde Project was to expand the flow of renewable energy in the State of Pernambuco in Brazil. Global power transmission assets developer Sterlite Power has entered into a sale agreement with V2i Transmissão de Energia S.A. for its Brazilian transmission project called Arcoverde. As per the deal, V2i Transmissao […]

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Shell to Boost Floating Wind Expertise Via EOLFI Acquisition

However, the acquisition of EOLFI is subject to regulatory and ministerial approvals, which is expected to be completed during the month of December this year. With an aim to expand its renewable energy business and to get specialization in floating wind capabilities, Royal Dutch Shell has entered into an agreement to buy 100 percent shareholding in […]

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Growatt Strengthens Footprint in Mexico; Hikes Investment in 2 Yrs

Now, in order to further strengthen its market position, the inverter manufacturer has started providing professional training to its local partners. With an aim to strengthen its presence in the Mexican market, Chinese photovoltaic (PV) inverters maker, Growatt, is expanding its business activities including investment and training in Mexico. Recently, the inverter major conducted its […]

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Piaggio, Sun Mobility Partner for Swappable Battery Technology

“SUN Mobility’s battery swapping solution will help us in fulfilling our vision of creating a sustainable mobility ecosystem without having to worry about the energy infrastructure,” Graffi added. Piaggio Vehicles, a pioneer of 3-wheeler goods transportation in India, has entered into a partnership with Bengaluru-based Sun Mobility on Tuesday to launch the commercial vehicle range […]

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Genie Energy Solar Arm Bags Module Supply Order from JPMorgan Chase

Prism Solar Technologies (Prism Solar), a solar manufacturing arm of Genie Energy, has secured an order from JPMorgan Chase to supply solar modules for the installation at its facilities. The company said in a statement that, “Genie Energy Ltd announced that its solar manufacturing subsidiary, Prism Solar Technologies, has received additional purchase orders from JPMorgan […]

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One-on-One Interaction with Bharat Bhut, Director, Goldi Solar Pvt. Ltd.

 Goldi Solar Pvt. Ltd, formerly Goldi Green Technologies Pvt. Ltd, is one of the fastest growing solar photovoltaic (PV) module manufacturing companies with a CAGR of 80 percent. The company manufactures PV modules using mono & poly crystalline solar cells in a range between 3Wp and 365Wp. It is also one of the leading […]

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