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Adani Green Raises $200 Mn Through Yen-Denominated Refinancing Deal

Adani Green Energy Ltd (AGEL) has raised a Japanese yen-denominated loan to refinance its current debt for 350 MW of solar projects in the Indian state of Andhra Pradesh. This was done through its subsidiary Adani Solar Energy AP Six. The facility consists of an amortizing project loan for JPY 27,954 million ($200 million), with […]

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Solar Is Changing Fast, Here Are 5 Ways It Already Has

When the Jawaharlal Nehru National Solar Mission was launched back in January 2010, India had a total installed solar capacity of around 160 MW. The mission itself had a target of 20 GW by 2022. However, changes on the ground in terms of technology, availability and fresh climate realities meant a wholesale upgrade on those […]

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Category Electronic Components specialist – ASIA

Responsibilities:- Supporting the development and implementation of sourcing strategies in close alignment with the global Category leader, for EMS and Electronic components, ensuring that Tier-2 and distribution channels can meet current and future business requirements Monitoring and reporting the lifecycle status of Electronic Components, including risks of availability, Lead Time changes, Phase-out, Prices variations and […]

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Motovolt Mobility Raises Rs 160 Mn Pre-Series Funding Led by Wami Capital & Others

The Kolkata-based e-mobility company, Motovolt Mobility recently announced that it has raised INR 160 Mn in pre-series A round. PPAP Automotive, Vikrampati Singhania of JK Family, Ankur Agarwal of Crystal Crop, Wami Capital, a single family office based in Dubai, and other family offices participated in this round as strategic investors. The founder of the […]

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E-Scooter Brand iVOOMi Introduces S1 Variants with Increased Range

India’s electric scooter manufacturer, iVOOMi Energy has expanded its portfolio with new variants of model S1, termed S1 80, S1 200, and S1 240. The new range of electric scooters all set to debut at the market have been upgraded as per the needs of Indian consumer. Price The new e-scooters begin with the price […]

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JV by Philadelphia Solar, Translucent Energy to Set Up 1.2-GW US Solar Module Facility

In a key development that would see the further expansion of solar power in the USA, Philadelphia Solar and Translucent Energy have joined forces in a strategic partnership to bring Tier-1-produced solar PV modules to the American market. Philadelphia Solar held that the JV – Trading Philadelphia Solar – will offer a full-range of utility […]

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Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights

A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […]

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Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel

Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and […]

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