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asset management

German, French Investment Groups Form JV for 500MW Projects in Germany

The German renewables investor and asset manager Aream Group and Eiffel Investment Group, represented by the Eiffel Transition Infrastructure Fund have formed a joint venture with an aim to develop clean energy projects in Germany. The joint venture will develop numerous projects in the fields of photovoltaics and batteries in the coming years. Eiffel will […]

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Power Market Engineer

Perform a broad range of studies and other consulting services to support electric utilities and asset developers to make decisions backed by business and engineering analysis regarding their investments and power supply requirements, such as integrated resource planning, market assessments, valuations, and power supply RFP evaluations. Researching about the US power markets (PJM, MISO, NEISO, […]

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IEA Report Advocates Digital Integration Of Power Grids To Boost Efficiency

A latest report from the International Energy Agency (IEA) report highlighted the importance of matching growth with clean energy transition through digital power grids.  The IEA report presented electricity transmission through the power grid as an alternative to support urban areas with more than 80% of the global GDP. They report contribute to more than […]

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Sterlite Power Appoints Reshu Madan As CEO (Global Products & Services Business)

Sterlite Power, a leading global developer of power transmission, today announced the appointment of Reshu Madan as Chief Executive Officer, Global Products & Services (GPS) business. He succeeds Manish Agarwal who has decided to pursue an opportunity outside the company. Reshu will work closely with Manish Agarwal for a smooth transition as he integrates into […]

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Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables

Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari […]

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FY24: REC Ltd Reports 125% Jump In Sanctions For Solar Projects

REC Limited, a Maharatna Central Public Sector Enterprise (CPSE) today presented its audited standalone and consolidated financial results for the quarter ended March 31, 2024 and FY24. REC Limited comes under the Ministry of Power. As per the details shared by REC Limited, it recorded its highest-ever annual profit. The media release from the company […]

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AdaniConneX Parter To Build Sustainability-Linked Data Centers

AdaniConneX, a joint venture (JV) between Adani Enterprises and EdgeConneX, established sustainability-linked financing to raise to USD 1.44 billion. The financing has an initial commitment of USD 875 million, with the feature to extend the commitment up to USD 1.44 billion. This transaction can help elevate AdaniConneX’s construction financing pool to USD 1.65 billion and […]

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GM Energy’s US Customers To Get Option To Transfer Power Between EVs and Homes

As EV technology continues to evolve, GM is working toward elevating the overall ownership experience by introducing new ways for customers to unlock additional value and gain access to the expanded benefits of an all-electric future. Available for the first time as part of its expanding product ecosystem, GM Energy’s initial offerings for residential customers […]

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Canada Authorities & RE Firm Ink PPA For 100 MW Quebec Wind Project

Innergex Renewable Energy Inc, the Regional County Municipality of Lotbinière and the Abenaki Councils of Odanak and Wôlinak have announced the signing of a 30-year power purchase agreement with Hydro-Québec for the electricity to be generated by the 100 MW community wind power project. As per Innergex, the signing of this long-term contract with Hydro-Québec […]

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