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Reliance Acquires REC Group in $771 Million Buy Out

In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. Reliance New Energy Solar []

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District Coodinator (SWM Expert)

Key Duties:- Project management experience in urban infrastructure projectsis required, experience of working as a Team Leader for similar assignments focusing on solid waste management and other service delivery functions of ULBsis required. Demonstrated capabilities to lead multidisciplinary teams and to work with a range of different stakeholders. In-depth knowledge of national and state level []

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Manufacturing Engineer

Provide technical leadership for the production team. Responsibilities include providing documentation and floor support associated with safety, manufacturing and quality methods, tooling, and equipment. Aggressively initiate new processes and methods that will improve safety, reduce product cost and/or improve product quality. GE Healthcare is a leading global medical technology and digital solutions innovator. Our mission []

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ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia

Saudi Arabias ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD []

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Eos Energy to Get $25 M Equipment Funds from Trinity Capital

Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used []

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Mangalore Refinery Goes With GoodWe for 6 MW Solar Plant At Refinery Site

Mangalore Refinery and Petrochemicals Limited (MRPL) has successfully commissioned the largest solar power project in a refinery site in Karnataka. The solar power project commissioned by TATA power solar has a total capacity of 6.063 MWp and is spread across 34 roof tops within the refinery premises. Managing it all are GoodWe inverters, that were []

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Aker Unveils Underwater Innovation for Floating Offshore Wind

Aker Offshore Wind has outlined plans to utilise Scotlands first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations which help move the energy created by []

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Cybersecurity For Power Sector in Focus in India, Worldwide

The Ministry of Power (MoP) has prepared guidelines for cybersecurity in the Indian power sector, which were released yesterday. Cybersecurity is a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to []

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Large Buildings RE Specialist Blueprint Power Acquired by BP

bp has acquired Blueprint Power, a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through cloud-based software. Or a Virtual Power Plant. Blueprints technology presents an opportunity to help decarbonize commercial real estate, help real estate owners meet their environmental goals, and give []

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