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Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola

Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway’s sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the portfolio amounts to approximately EUR 1.2 billion. The Norwegian fund […]

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Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA

Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […]

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IIT Palakkad Offers Rs 2 Cr to Step Up Renewable Energy & Safety Solutions

In a key development, the Technology IHub Foundation (IPTIF) of IIT Palakkad has announced the launch of Samarth Maha Utsav that is aimed at encouraging innovation in Renewable Energy and Safety. The new contest is called the flagship national contest of IIT Palakkad. As per the premier engineering institute, candidates that are interested in the […]

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R&D Engineer-Power Transformer Electrical Design Specialist

Responsibilities:- The successful candidate will be part of an R&D Team specialized in the Technology development of Power transformers. Drives for product cost-out activities through appropriate design actions on Transformers. Possessing knowledge of Indian and International Standards & Codes – IEC, IEEE, BIS, DIN, ISO for electrical design-related aspects of power transformers and shunt reactors. […]

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Primary Design Engineer – PPHV-GIS/PASS

Responsibilities:- Engineering: Knowledge of high voltage power products for metal enclosed circuit breakers. Knowledge of circuit breaker product structure. Knowledge of material standard ISO / IEC / DIN / ASME. Communicating with customers & solving technical querries related to Product / Project. Revision Change Management : Maintaining the latest revised technical documentation/drawings in SAP as […]

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KPI Green Energy to Sell 6.3 MW Solar Power To Three Clients

Gujarat based KPI Green Energy Ltd. has announced that it has inked a set of new Power Purchase Agreements (PPAs) under which the company will sell 6.3 MW of solar power. KPI Green Energy will make this sale in the interdependent power producer (IPP) segment. KPI Green Energy said in a disclosure before stock exchanges […]

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Tripura & NTPC Sign MoU for Renewable Energy Projects

The power department of Tripura has entered into an MoU with India’s largest energy conglomerate National Thermal Power Corporation Limited (NTPC). The partnership will look into the developing floating as well as ground mounted renewable energy projects in the north-eastern state of Tripura. The projects that will come into being as a result of the […]

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Ireland’s IPP Power Capital RE Secures €240 Million for 1.2 GW of Solar Assets

Ireland’s leading solar Independent Power Producer, Power Capital Renewable Energy, has announced the closing of an up to EUR 240 million construction equity facility for the development of solar power projects. Power Capital held that the financial facility has been closed with a consortium of lenders managed by Eiffel Investment Group including Belgian insurance company Ethias […]

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Countries That India Can Seek Inspiration From For Renewable Investments

India lost four ranks in the 59th edition of the Renewable Energy Country Attractiveness Index (RECAI). The South Asian Country was the seventh most attractive country for renewable energy investments, down from the third place it held earlier. In its 60th edition, India maintained its position. However, several other nations made steady progress on the […]

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