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investment

European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Porsche Premieres its 1st Fully Electric Sports Sedan: The Taycan

Porsche has unveiled its first fully electric sports car to the public with a world premiere held simultaneously on three continents for the “The Taycan”. ”The electric Taycan links our heritage to the future. It carries forward the success story of our brand – a brand that has fascinated and thrilled people the world over […]

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Terra-Gen Closes Financing for 400 MW Wind Facility

Terra-Gen has closed construction financing of value USD 650 million for its 400 MW High Prairie Wind Power Facility under development in Missouri Leading independent renewable energy provider Terra-Gen has closed construction financing on its 400-megawatt (MW) High Prairie Wind Power Facility. The USD 650 million financing resulted from the attractive development attributes of the project, its […]

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GE T&D Bags Rs 90 cr Project to Upgrade West Bengal Grid

GE T&D India has received a Rs 90 crore grid upgradation order from WBSETCL that will address the growing energy demand of West Bengal As part of its commitment to strengthen and modernise the energy transmission network of the country, GE T&D India has announced that it received a grid upgradation order from West Bengal […]

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EDFR Acquires California-Based EV Charging Firm PowerFlex

EDFR has announced that it has acquired Los Altos, California-based PowerFlex Systems, a pioneer in managed EV charging technology EDF Renewables (EDFR) has announced that it has acquired Los Altos, California-based PowerFlex Systems (PowerFlex), a pioneer in managed electric vehicle (EV) charging technology through its subsidiary EDFR North America. The investment is part of EDF Renewables’ continued […]

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Ørtsed to go Ahead With 230 MW Wind Farm in Nebraska

Ørsted has announced that it’s subsidiary, Lincoln Clean Energy has issued the ‘Final Notice to Proceed’ on its 230 MW wind facility in Nebraska Global wind major Ørtsed has announced that it’s US onshore subsidiary, Lincoln Clean Energy (LCE), a leading developer of US renewables, has issued the ‘Final Notice to Proceed’ on its 230 […]

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