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energy markets

Sri Lanka’s WindForce Commences Trading on CSE above IPO Price

On Thursday, Colombo-headquartered independent power producer WindForce Limited, commenced trading on the Main Board of the Colombo Stock Exchange (CSE) above its price of LRK 16/share after raising an initial public offering (IPO) for wind power projects in Sri Lanka and Senegal, amounting to LRK 3.2 Billion- the largest at the CSE since 2011- which attracted […]

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Mosaic Announces $1.5 Bn Loan Purchase Program for Residential Solar Projects

Mosaic, the leading financing platform for U.S. residential solar and energy-efficient home improvement projects, today announced an additional multi-year loan purchase program for approximately $1.5 billion with a leading global investment firm. This investment builds on a separate $1.5 billion, multi-year loan purchase program with Congressional Bank announced by Mosaic on April 14. This gives Mosaic access […]

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New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040

Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […]

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Torrent Power Awarded 300 MW Solar PPA, Project to be Established in Gujarat

Torrent Power has been awarded a long-term PPA for 300 MW capacity of solar power generation, project to come up in Gujarat. Torrent Power has announced that it has been awarded a long-term Power Purchase Arrangement (PPA) for 300 MW capacity of solar power generation. The firm has stated that it will set up the […]

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Solar Startup Greenland Plans 5 GW PV Mfg Plant in Spain

Spanish startup Greenland is partnering with Fraunhofer Institute for Solar Energy Systems (ISE) and Bosch Rexroth to set up a 5GW vertically integrated solar module factory in Spain, which will be built and operated in the free trade zone of the port of Seville in Andalusia. Fraunhofer ISE, the research institute, will contribute in the capacity of […]

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Electric to Dominate 3 Wheeler Market to 2030 In India- Report

Gurugram based market intelligence and research firm Ken Research has issued a report providing an analysis of the adoption of electric 3 wheelers (E3Ws) in India. The report titled, “India Electric Three-Wheeler Market Outlook to 2025- By Wheeler Type (Passenger, Goods, Personal), By Vehicle Category (Transport and Non-Transport), Registration by Region (North, East, West, South) […]

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Solar O&M Gets Set For The Big League In India

As India’s solar footprint has grown, from a tentative 3.7 GW in 2015 to over 40 GW now, a little appreciated, but growing opportunity is finally getting its place in the sun too. The Solar Operations and Maintainance (O&M) business. A $4 billion business worldwide in 2019, it is set to be a $9 billion […]

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