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Adani Green Energy to Acquire 40 MW Operational Solar Asset in Odisha

Adani Renewable Energy (MH) Limited (AREMHL), a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL), has signed definitive agreements with Essel Green Energy Pvt Ltd to acquire 100% economic value in an SPV that owns a 40 MW operating solar project in Odisha. The company confirms that the project has a long-term Power Purchase Agreement […]

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KKR Backed Virescent Infra InvIT Raises Rs 460 Crores

Virescent Infrastructure, the renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised Rs 460 crores (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment […]

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Shell Orders Singapore’s 1st Fully Electric Ferry Service from Penguin Intl

Anglo-Dutch energy giant Shell has awarded a contract to Singapore company, Penguin International Limited, to design, build and operate at least three fully-electric ferries which, when operational, will be the first fully-electric ferry service in Singapore and a first for Shell globally. Expected to set sail in the first half of 2023, the new 200-seater […]

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6K Lands $51 M for Advanced Battery Material Dev

Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […]

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Data Scientist

As a Data Scientist you will work in collaboration with our business and engineering people, on creating value from data. Often the work requires solving complex problems by turning vast amounts of data into business insights through advanced analytics, modelling and machine learning. You have a strong foundation in analytics, mathematical modelling, computer science, and […]

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EKI Energy to Expand Operations in More Countries by March-end

Global green consultancy firm EKI Energy Services Ltd (EnKing International) has said that it has drawn aggressive plans to expand its footprints in the carbon credit market to more countries across the globe by the end of this financial year from 18 nations at present. EnKing International provides consulting services related to climate change, sustainability […]

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Vestas to Shut Down Three Offshore Wind Factories in Europe

Wind turbine maker Vestas is shutting down three of its European factories in Germany, Spain, and Denmark as part of the integration of its offshore business. The Danish company intends to cease production at its factories in Lauchhammer, Germany; Viveiro, Spain and Esbjerg, Denmark. “Today’s fast-moving energy transition, rapid introduction of new products and recent integration […]

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Solar Americas Plans to Deliver 2 GW Commercial PV in Brazil by 2026

Solar Americas Capital is launching to bring upwards of 2GW of solar power in partnership with progressive corporations across Brazil by 2026, said the company. The company will cofound, identify, build and manage the solar assets for commercial partners, drawing on over 25 years of experience working in the Brazilian, solar and finance markets, added the firm. The […]

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NextEnergy’s International Solar Fund to Acquire 42.3MW Polish Portfolio

NextPower III ESG, the international solar fund of NextEnergy Capital, has agreed to acquire a 42.3MW solar PV project portfolio in Poland, marking NPIII ESG’s first acquisition in the country. Completion is expected to occur in Q4 2021 once all assets are constructed and energised. The solar PV project portfolio has been awarded a Contract for […]

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