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investment

Adani Group Gets Sri Lanka’s Nod for $500 Million Wind Power Projects

The Energy Minister in Sri Lankan Government, Kanchana Wijesekara has announced that India’s Adani Green Energy has been issued provisional approvals for the development of two wind power projects in Northern Province of Sri Lanka. He said in a Tweet on social media that the two wind power plants will attract an investment of over […]

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ReNew Energy Raises $1 Billion Loan For 1300 MW RTC Project

ReNew Energy Global plc has announced that it has tied up with 12 international lenders, led by Rabobank- a Dutch multinational banking and financial services company, for the largest External Commercial Borrowings (ECB) project finance loan in the country’s renewable sector, for any single project. The US$ 1-billion loan project has been tied up through […]

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Oil Company Gulf Energy Sells 50% Stake In German Wind Farm

Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […]

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Manager-Supply Chain Management

Procurement of all materials like Solar Inverters, Transformers, HT Panels, Cables, UPS, Earthing material, etc for Ground mounted Solar Projects. Key Activities (Role & Responsibility):- Co-ordination with internal customers. Vendor Data base. Identification of New Vendors. Support to functions for new vendor assessment. Supports to BD team on vendor base and techno commercial solutions (Need […]

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EV Charging Startup Exponent Raises $13 Million In Series A Round

Exponent Energy, which describes itself as the 15 minute EV rapid charging startup, has raised a $13 million round in its series A from investors, led by Lightspeed capital. The first investment by Lightspeed in the EV space, other investors included YourNest VC, 3one4 Capital & AdvantEdge VC. Exponent will utilize the funds to scale up […]

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US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia

In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […]

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German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW

Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […]

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