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ABB Completes Acquisition of Chinese EV Charging Provider Chargedot

ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Swiss-Swedish multinational corporation ABB has announced that it has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology (Chargedot). Since its establishment in 2009, Shanghai-based Chargedot has made a significant contribution to […]

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Brookfield Renewable and TerraForm Power Enter Definitive Merger Agreement

Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement Brookfield Renewable Partners and TerraForm Power have announced that they have entered into a definitive merger agreement for Brookfield Renewable to acquire all of the outstanding shares of Class A common stock of TerraForm Power, other than the […]

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Global Wind Turbine Market to Surpass $8.5 Bn by 2029: Report

The global wind turbine materials market is forecast to witness a significant growth of around 7% CAGR to surpass USD 8.5 billion by 2029 The global wind turbine materials market is estimated to be valued USD 5,012 Million by 2019 end and is forecast to witness a significant growth of around 7 percent CAGR during […]

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SECI Issues RfS Document for 5 GW RTC Power From RE and Thermal

SECI has issued the RfS document for supply of 5 GW of RTC power from RE projects, complemented with power from coal-based thermal power projects in India. The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of renewable energy (RE) power developers for the supply of […]

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IRENA Invites RE Developers to Register Projects on Investment Platform

IRENA is calling for renewable energy project developers to register suitable projects via a purpose-built portal organised around 14 regional clusters. A landmark initiative launched by a coalition of intergovernmental partners during the UN Climate Action Summit in September 2019, has now entered an operational phase. The International Renewable Energy Agency’s (IRENA) contribution to the […]

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Distribution the Weakest Link in India’s Power Sector: IEEFA

A new IEEFA briefing note has found that the power distribution sector is the weakest link in the entire value chain of the Indian power sector. The precarious financial health of Discoms coupled with a lack of competition is undermining India’s power distribution and generation sectors and hindering much needed new renewable energy investment, a […]

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BHEL to Supply Electric Buses With Charging Infrastructure in UP

BHEL has won an order for the supply of electric buses along with the charging infrastructure of these buses for Gorakhpur City in Uttar Pradesh. Bharat Heavy Electricals Limited (BHEL), the country’s largest power equipment manufacturer, has announced it has won an order for the supply of electric buses along with charging infrastructure of these […]

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RenewSys Elevates Nandkumar Pai as CEO of PV Modules & Cells Biz

RenewSys, which is country’s first integrated manufacturer of solar photovoltaic (PV) modules and its key components, encapsulants, backsheets and solar PV cells, on Monday said that it has appointed Nandkumar Pai as Chief Executive Officer (CEO) of its PV modules & cells division. As a company with a swiftly expanding global footprint, it will continue […]

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Magenta Power to Roll Out its Street Lamp Integrated EV Charger by April

Magenta Power, a HPCL-backed startup providing green energy solutions, has today unveiled its first Street Lamp Integrated electric vehicle (EV) Charger called ‘ChargeGrid Flare’. The company is further planning to roll-out this newly launched Street Lamp Integrated EV Charger into the market by next month this year. This new range of EV charging points, which […]

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