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Engie Acquires Renvico and its 329 MW Wind Portfolio From MIRA

Engie has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), and the 329 MW wind portfolio that Renvico owns and operates Engie has announced that it has acquired Renvico from Macquarie Infrastructure and Real Assets (MIRA), via Macquarie European Infrastructure Fund 4, and from KKR with its co-investors. The onshore wind installed capacity of the […]

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100% Renewables, Beyond the Grid – Aspiration or Destination? : Survey

In August 2019, Deloitte surveyed 308 executives across multiple industries in the private and public sectors to understand these organizations’ paths in the transition to renewables, their goals and procurement strategies and the challenges they face. Driven by economic incentives and mounting external pressures for organizations to decarbonise their energy supply, the renewable energy transition […]

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Usha Shriram Expands Footprint in Solar with On-Grid Inverters

Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready to disrupt the market. Expanding its product portfolio in solar space, Usha Shriram, a multi-product company, has launched a unique range of smart on-grid inverters under the brand ‘Eurolex’. Through the launch of its Eurolex Smart On-Grid Inverters, the company is ready […]

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Piramal to Co-Sponsor $600 Mn Renewable Investment Trust with Canadian Pension Fund

Both PEL and CPPIB will act as Co-Sponsors of the proposed InvIT and hold up to 75% of the units and seek to raise capital from other like-minded investors for the remaining 25%. Piramal Enterprises Limited (“PEL”) today signed a Memorandum of Understanding (MoU) with Canada Pension Plan Investment Board (“CPPIB”), a Canadian pension fund, […]

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Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid

Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […]

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E.ON and Kyuden Mirai Energy to Co-Develop Offshore Wind Projects in Japan

E.ON intends to transfer its experience and technical know-how from its 1.8 gigawatts (GW) installed offshore wind capacity from Europe to Japan. E.ON and Kyuden Mirai Energy have signed a cooperation agreement to jointly develop offshore wind projects in Japan. The cooperation is focused on fixed bottom projects and starts with a study to jointly […]

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NIWE Issues Tender For 2 MW Solar Plant at IIM Tiruchirapalli

The last date of bid submissions is March 1, 2019. The National Institute of Wind Energy (NIWE) has launched a tender to develop a 2 MW solar project at the Indian Institute of Management (IIM) in Tiruchirappalli, located in the state of Tamil Nadu. The brief scope of work for the selected bidder will include […]

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Interview with Viraj Gada, IDEF Spokesperson & India Regional Representative, GOGLA

We recently caught up with Viraj Gada, the India Representative for GOGLA, the global body for the off grid, and distributed solar industry. India is a key market worldwide, with the highest off take of solar products. And firms that have pioneered innovative sales and distribution models. Here’re a few answers from that interaction. Q. […]

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New Aspirations with New Year!

The New Year 2019 is ready to be kicked off with all new power promises and aspirations with the rising of the new sun. Everybody in the solar industry is also expecting that this New Year will achieve far greater milestones as compared to the previous year. They also hope, the New Year will bring […]

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