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Mainstream Renewable Wins 1.27 GW of Renewable Projects In South Africa Auctions

The consortium led by Mainstream Renewable Power has received 50% of the total allocation in the latest round of the South African Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) Making the formal announcement on October 29, the firm announced that twelve of its projects have achieved preferred bidder status in Round 5 of South […]

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Manager – Business Finance

Work in the Business Finance Team on driving various Finance & Digitalisation initiatives Roles and Responsibilities:- Drive and Program manage Digitalisation & Finance transformation initiatives along with process / policy changes Work on various finance related process improvement initiatives (Improved Reporting & Forecasting, Financial Analysis etc.) Work on need based financial and operating performance analysis […]

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Business Translator

Responsibilities:- Understand business problems and identify challenges and constraints Design digital and advance analytics solutions to business problems Implement the solution with an understanding of end-to-end architecture Interact with internal and external stakeholders involved in implementation of the solution Identify opportunities for implementation of new use cases Drive good data governance and adherence to SOPs […]

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DIF Capital Becomes Majority Shareholder in Solar Platform ib vogt

DIF Capital Partners (DIF), a global independent infrastructure investment fund manager, through its fund DIF Infrastructure VI, has reached an agreement to acquire a 51% stake in ib vogt GmbH, a developer of utility-scale PV solar, from its current 100% shareholder DVV. ib vogt has a total solar capacity, built or in construction, of over 2.2 […]

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REC Raises 5 Year Loan Of $75 million From SMBC

In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also […]

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Replace DG Sets with BESS to Enhance Indian Pwr Grid’s Flexibilty: Study

“Replacement of DG sets distributed across the country with BESS is the fastest and cheapest route to build flexibility for the Indian grid. The reduction in emissions from DG sets will help meet the NDC targets as well,” states a new study published by India Smart Grid Forum (ISGF). Delivering reliable 24×7 services is the […]

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Total Eren, Inaccess Ink Solar Monitoring Agreement

London-based Inaccess has signed a global framework contract with Paris-based Total Eren for the support and maintenance of unity monitoring, SCADA (supervisory control and data acquisition) and PPC (power plant control) system for several Total Eren’s solar plants located in Argentina, Australia, Brazil, and Kazakhstan. The unity system optimizes the operation of modern renewable power portfolios […]

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Germany’s Encavis Buys 74.5 MW Wind Portfolio in France

Germany’s Encavis Asset Management has acquired five new wind farms in France, totalling 74.5 MW capacity, to implement the growth and diversification strategy for its special fund Encavis Infrastructure Fund II (EIF II). The seller of the renewable energy plants is the Swiss Axpo Holding AG, whose subsidiary Volkswind is responsible for planning, projecting and construction […]

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Russia Selects 775 MW Solar PV Capacity in Latest RE Auction

Russian trading system administrator JSC ATS has announced the results of renewable energy auction that came to a close on September 9, 2021. A total of 774.8 MW (rounded up to 775 MW) solar PV capacity has made the cut. The capacity of 18 winning solar power projects ranges between 8.47 MW to 60 MW, with […]

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