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EV Motors India and BYPL to set up EV Charging Stations in Delhi

EV Motors India has signed an agreement with BYPL to set up and operate EV charging stations at select locations under the jurisdiction of BYPL in Delhi Electric vehicle startup EV Motors India (EVM) has announced that it has signed an agreement with BSES Yamuna Power Ltd (BYPL) to set up and operate charging stations for electric vehicles […]

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KEC Expands Global Footprint; Acquires Transmission Tower Mfg Unit in Dubai

RPG Group flagship firm KEC International (KEC), through its arm KEC Towers LLC, has acquired an automated transmission tower manufacturing facility in mainland Dubai, United Arab Emirates (UAE). The global infrastructure Engineering, Procurement and Construction (EPC) major has won Dubai-based facility, with a capacity of 50,000 tons p.a., in an auction sale conducted by the Emirates Auction Authority. The BSE-listed company […]

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Leclanché Secures $65 Mn Loan Facility to Expand Operations

Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […]

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Mahindra Renewables Sells its 3 Arms to CLP India for About Rs 340 Cr

India’s leading car maker Mahindra & Mahindra said that its wholly-owned renewables subsidiary, Mahindra Renewables, has sold its entire stake in three subsidiaries for about Rs 340 crore to CLP India, an arm of Hong Kong-based CLP Group. CLP India has entered into a share purchase agreement to buy 100 percent shareholding each in Cleansolar Renewable […]

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EDP Renewables Posts 52% Rise in net Profit to Reach EUR 475 Mn

EDP Renewables has announced its full-year results for 2019, posting total revenues of EUR 1,824 million and Net Profit amounting to EUR 475 million. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the largest wind energy producers in the world with a presence in 14 countries, has announced its […]

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Vestas Bags Orders Worth 160 MW in Mexico and China

Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. An EPC order for a 108 MW project and a 52 MW turbine order in China. Vestas has secured two orders worth a combined 160 MW capacity in Mexico and China. The first order has been received for an engineering, […]

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Vestas Still the World’s Leading Turbine Maker, Despite Losing Market Share

Developers commissioned almost 61 GW of wind turbines globally in 2019, and the latest data shows that Vestas kept its crown as the leading turbine maker Developers commissioned almost 61 GW of wind turbines globally in 2019, compared with 50 GW in the previous year. And just four manufacturers accounted for more than half, or […]

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Sungrow- Breaking Stereotypes

Sungrow Power Supply Co., Ltd., or ‘Sungrow’ is a familiar name in the Indian solar sector today. Some would argue that Sungrow has as much at stake in the growth of solar in India as anyone else. Sungrow is one of the few firms, especially from China, that have set up a manufacturing plant in […]

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EESL, BSNL Partner to Install 1,000 EV Chargers Pan India

In a step towards boosting e-mobility adoption across the country, the world’s largest energy service company (ESCO) Energy Efficiency Services Limited (EESL) has entered into a Memorandum of Understanding (MoU) with telecom major Bharat Sanchar Nigam Ltd (BSNL). As per the MoU signed, state-owned EESL will install 1,000 public electric vehicles (EV) charging stations in […]

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