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RattanIndia Acquires 100% Stake in Electric Bike Manufacturer Revolt

Thermal power producing plant developer RattanIndia Enterprises Ltd announced that it is purchasing the remaining shares (owner of 100% stake) of electric motorcycle, bike manufacturer Revolt Motors at a time when environmentally conscious consumers are looking for alternatives to conventional vehicles. RattanIndia did not specify the size of the deal, although its shares rose 10% […]

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Orb Energy Secures Follow-On Funding from US DFI

Bangalore-based Orb Energy, a vertically integrated provider of solar energy solutions in India, announced today that it has received a $20 million USD follow-on loan from United States International Development Finance Corporation (DFC) to support its unique in-house financing facility for rooftop and ground mounted solar customers in India. Damian Miller, the CEO and Co-founder […]

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Fluence, TransnetBW To Build 250 MW Energy Storage System

Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […]

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EV Industry On The Road To Goal 2030

Dr Irfan Khan, Founder & CEO, eBikeGo   The Government wants India to be a 100% electric vehicle nation by the year 2030.  Under the new government plan, every car that is sold in India from 2030 will be electric. Due to the competitive environment in the market, India’s auto industry has become one of […]

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DIF Announces Investment In Qair – 1GW Global Renewables Platform

DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […]

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Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans

Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […]

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Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project

Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […]

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UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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