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Petronas makes India Play with Amplus Energy Acquisition

By Acquiring Amplus Energy for Rs 2700 crores, Malaysia’s Petronas just made a big India play in renewables. The Move by Malaysia’s Petronas, itself a $60 billion-plus behemoth with a $13.2 billion bottom line in 2018, is a huge vote of confidence in India’s renewable sector. At Rs 2700 crores, the valuation also seems to […]

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Vestas to Acquire Minority Stake in Renewable Project Developer Sowitec

The acquisition is expected to be finalised during the second quarter of 2019 and will have no significant impact on Vestas earnings. To support Vestas’ strategy and increase its capability to partner with its customers in project development in selective markets, Vestas has announced the acquisition of a 25.1 percent minority stake in Sowitec with […]

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Petronas Forays into Renewable Energy with Acquisition of Amplus Energy

Malaysia’s Petronas has acquired Amplus Energy Solutions, marking the Oil and Gas majors international foray into renewable energy. Petroliam Nasional Berhad (Petronas), Malaysia’s fully integrated oil and gas major, has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus (M+) Energy Solutions Pte Ltd, a […]

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WeikField Foods takes a Step Towards Sustainability on their Foundation Day

Installs 213 kWp rooftop solar power plant, engineered by Sunshot Technologies WeikField Foods, one of the largest food manufacturers in India, takes yet another step towards sustainability by installing a state-of-the-art 213kWp rooftop solar power plant at their factory in Lonikand near Pune, Maharashtra. The facility is scheduled to be inaugurated tomorrow by Mr. Ashwini […]

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Apple Set to Surpass its Clean Energy Goals with New Supplier Commitments

Global tech-major, Apple has revealed that it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 percent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, the California-based tech company will exceed its goal of bringing 4 GW of […]

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Growatt Debuts Latest Inverters at Global Trade Shows

Growatt is showcasing its latest residential and commercial & industrial (C&I) inverters in a series of global trade show events. Growatt, a global leader in inverter technology based out of China, is showcasing its latest residential inverter, Growatt MIN 2.5-6k TL-X and its commercial & industrial (C&I) inverter, Growatt MAX 50-80k in a series of […]

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Gujarat Seeking EPC Bids For Deployment of 150 MW of Solar Power Projects

The last date of bid submission is May 6, 2019. The Gujarat Industries Power Company (GIPCL) has issued tender inviting bids from eligible EPC contractors for the construction of 150 MW of solar PV power projects in the state. The solar projects will be developed at the Dholera Solar Park and the Raghanesda Ultra Mega […]

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Waaree Energies Installs 14 Solar Power Centres in West Bengal

Waaree Energies, an Indian solar PV manufacturer with a capacity of 1.5 GW, has set up 14 solar power centers in West Bengal. The main objective of these centers, spread over 14 districts, is to make inroads into solar projects segment. Waaree Energies, the Indian arm of global renewable major Waaree Group, is also one […]

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NHPC Seeks EPC Contractors For 40 MW Solar Plant in Odisha

The last date for bid submission is May 21, 2019. The National Hydroelectric Power Corporation (NHPC) has issued tender seeking bids from EPC contractors for the deployment of 40 MW of grid-connected solar power project at Ladeihil village in Ganjam district of Odisha. The scope of work for the selected bidders will include the design, […]

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