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Energy Transition

The Auto Industry Plays the Job card To Get A Greater Say in EV Roadmap

India’s Auto Industry, stuck in a what seems to be a global slowdown for sales and growth in passenger vehicles, has fallen back on the risk of massive job losses and worse to push for a greater say in the government’s EV policy. At a time when the industry seems ill-equipped to adapt fast enough […]

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Iberdrola Fast tracks its 590 MW Solar Project in Spain

Iberdrola is moving forward with its renewables strategy with the 590 MW Francisco Pizarro solar project with an investment totaling more than €300 million. Spanish public multinational electric utility, Iberdrola has announced that it is moving forward with its renewables strategy with the Francisco Pizarro project which, with 590 MW and investment totaling more than […]

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Greenko Raises $495 Mn in Funding For 2.4 GW of Storage Projects

Greenko Energy has announced the signing of definitive agreements for a primary equity raising of $495 mn from an affiliate of GIC and ADIA. Greenko Energy Holdings, one of India’s leading renewable energy companies, has announced the signing of definitive agreements for a primary equity raising of $495 million (mn) from an affiliate of GIC […]

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EESL and AMC Partner to Promote EVs in Ahmedabad

EESL has entered into a partnership with AMC to establish enabling infrastructure for Electric Vehicles (EVs) in Ahmedabad over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India has entered into a partnership with the Ahmedabad Municipal Corporation (AMC) to establish enabling infrastructure for Electric Vehicles […]

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IFC and HSBC Green Bond Targeting Climate Finance in Emerging Markets

IFC and HSBC have announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets. IFC, a member of the World Bank Group, and HSBC Global Asset Management recently announced the creation of the first global green bond fund targeting “real economy” issuers in emerging markets, increasing access to […]

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Waaree Commissions 49.5 MW Solar Project in Vietnam

Waaree Energies, one of India’s leading solar PV manufacturers, has announced the commissioning and inauguration of its 49.5 MW ground-mounted solar project in Vietnam. The project, in association with Song Giang Solar Power JSC, marks the company’s footprint in South East Asia. Developed in the Khanh Hoa province, the plant is expected to generate more […]

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Suzlon Consolidated Net Loss For Q4 Reduces to Rs 295 Cr

Suzlon reported that its consolidated net loss for the last quarter of the year has reduced to Rs 294.64 crore, a drop of more than Rs 175 crore over the same period last year, Rs 469.85 crore. Suzlon Energy recently issued its financial results for the financial year 2018-19 and the last quarter (Q4). Suzlon […]

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Waaree Launches India’s First 400 Wp Modules; Eyes Exponential Growth in FY20

“The module is apt for both commercial and residential projects, especially when space allocation is a challenge,” Rathi added. Country’s one of the leading PV module maker and EPC services provider, Waaree Energies has launched a series of next generation solar modules called Super 400 in India. The company claimed that this is the country’s first […]

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Global Single-Phase Inverter Market Records 11.2% Increase in 2018: Report

According to a new report, global shipments of single-phase inverter increased by 11.2 percent in 2018. Boosted by a strong residential PV demand. IHS Markit released its annual PV inverter market report in early May. According to the report, the world grid-connected PV inverter shipments remained almost flat in 2018. However, while the world grid-connected […]

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