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renewable energy investment

IREDA CMD Announces Plans For An IPO At AGM

Pradip Kumar Das, the Chairman and Managing Director (CMD) at the Indian Renewable Energy Development Agency (IREDA) announced plans to go for the institution to go for an initial public offering (IPO) soon at its 34th AGM yesterday. The CMD also informed shareholders about performance in 2020-21, when IREDA disbursed its second highest amount of […]

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Meyer Burger Plans to Build High-performance Module Facility in Arizona

Meyer Burger Technology is planning a production site for high-performance solar modules in the United States. The initial production capacity will be 400 megawatts a year – with potential for further expansion to several gigawatts of capacity. The planned plant will make it possible to manufacture high-performance solar modules for the house roof segment, for […]

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Why Prices Skyrocketed at the Power Exchange: IEEFA

With electricity demand in India recently peaking, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) explores the supply and demand conditions that led to recent price spikes in the evening peak hours, starting in August through to September 2021. Electricity demand in India has peaked and dropped markedly as the […]

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KKR Backed Virescent Infra InvIT Raises Rs 460 Crores

Virescent Infrastructure, the renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised Rs 460 crores (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment […]

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French Firm TotalEnergies Expects RE Expansion in Future

French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […]

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NHPC Board Approves Setting up Subsidiary for RE Business

State-owned hydro power giant NHPC on Friday said its board has approved the proposal to form a subsidiary for the development of renewable energy, small hydro and green hydrogen projects. “Board of Directors of Company in its meeting held today i.e. Friday, September 24, 2021 inter-alia has considered and approved the proposal regarding the formation […]

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Global Solid State Transformer Market to be Worth Over $1200 M by 2027

The global solid state transformer (SST) market is likely to register a revenue of $1,246.4 million by 2027, at a CAGR of 26.0% during the forecast period from 2020 to 2027, finds new analysis by Research Dive. The report provides a brief summary of the current market scenario comprising major aspects of the market such […]

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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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Omnidian Secures $33 M to Help Firms Manage Solar Assets

Seattle-based Omnidian, which provides solar system performance plans, has secured a $33 million Series B capital raise in a round that Activate Capital led. Additional round participants included Liberty Mutual Insurance and WIND Ventures, the strategic venture capital arm of Chilean multinational energy firm Copec, as well as existing investors City Light Capital, IA Capital, […]

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