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Sustainable Energy

Viz-A-Viz with Nathan Dunn, Managing Director, Enphase Energy Asia-Pacific

Q. What drove Enphase to shift from the computer networking and telecommunications industry to clean energy, and how did your past experiences assist in the successful launch of Enphase Energy? Enphase Energy is a global energy technology company that delivers smart, easy-to-use solutions that connect solar generation, storage and management on one intelligent platform. Our […]

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“India invites all Nations to partner in the endeavour to harness Clean Energy and Save the Planet”, says Shri R.K. Singh

Power Minister chairs Curtain Raiser Ceremony for Global Renewable Energy Investors Meet and Expo (RE-Invest 2017) and Founding Ceremony of ISA Union Minister of State (IC) for Power and New and Renewable Energy (NRE), Shri R.K. Singhchaired a Curtain Raiser ceremony, held here today, to inform that the 2nd edition of the Global Renewable Energy […]

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Wartsila to Offer Energy Storage Solutions in India

Wärtsilä energy storage solutions will significantly improve efficiency by increasing back-up capacity and creating new opportunities in electricity markets. The technology group Wärtsilä, a leading global supplier of flexible and efficient energy solutions, will offer technically and environmentally advanced energy storage solutions to the power markets in India. Following the acquisition, in May 2017, of […]

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Adani Enterprises to Demerge Renewable Energy Business to Simplify Structure

The renewable power undertaking includes businesses of development of renewable power projects, generation of renewable power and trading and supply of solar and wind energy equipment. Adani Enterprises has announced plans to demerge its renewable energy business into associate company Adani Green Energy Ltd as part of simplifying overall business structure. Post demerger scheme, which […]

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ADB Expands Clean Energy Project in India with AIIB Co-financing

The ADB financing comprised a $500 million government-backed loan and a further $500 million in non-sovereign lending to India’s national transmission company, Power Grid Corporation of India Limited (POWERGRID). The Asian Development Bank (ADB) has agreed to finance additional power transmission network components with co-financing from the Asian Infrastructure Investment Bank (AIIB) that will connect […]

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Mytrah Energy Successfully Raises Rs. 1800 Crore

The 1800 crore fund is being invested in the form of non-convertible debentures (“NCDs”) with a 7-year tenor into two Mytrah Group entities, Mytrah Energy (India) Private Limited (Rs. 980 crores) and Mytrah Ujjwal Power Private Limited (Rs. 820 crores). Mytrah, the Hyderabad-based renewable power producer has raised Rs 1,800 crores from Piramal Group’s financial […]

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Phanes Group Opens Solar Power Incubator to Unlock Potential of Energy in sub-Saharan Africa

“We believe the Phanes Group Solar Incubator -in collaboration with our partners- will leverage untapped local PV potential, and create  more opportunities for local projects. Combined with our strengths in developing bankable solutions for clean, affordable energy and efforts in CSR, the incubator initiative can help to address local needs that haven’t yet been met.” […]

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Sembcorp Increases its Stake in India Renewable Energy Business, acquires IDFC PE for Rs. 1400 crore

Sembcorp Utilities has exercised its contractual right to acquire IDFC’s remaining shares in SGI Sembcorp Industries has announced that its wholly-owned subsidiary Sembcorp Utilities has entered into an agreement to acquire IDFC Private Equity Fund III (IDFC)’s remaining stake in Sembcorp Green Infra (SGI), for Rs. 1410.2 Crores. With this, Sembcorp will become the sole owner […]

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