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Dutch Development Bank FMO Invests $5 Million in Husk Power

Husk Power Systems has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. Bihar-based Husk Power Systems, a next-generation power company operating renewable energy minigrids in Asia and Africa, has announced that Dutch entrepreneurial development bank FMO has invested USD 5 million in the company. The financing was also […]

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Vestas Introduces Low-Wind Variant to Expand Footprint in India

To help meet the growing demand in India, Vestas is introducing the V155-3.3 MW turbine optimised for low and ultra-low wind conditions. The global demand for sustainable energy solutions in low and ultra-low wind areas continues to grow as renewable technology improves in efficiency and cost. This trend is especially prominent in India, the world’s […]

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KEC Int’l Bags new Transmission & Distribution Orders Worth Rs 890 Crore

KEC International has announced that its transmission and distribution (T&D) business has received new orders worth Rs 890 crore. KEC International Ltd, a global infrastructure Engineering, Procurement and Construction (EPC) major, an RPG Group Company, has announced that it has secured new orders of Rs 1,033 crore across its various businesses. The biggest share of […]

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8 Governments Pledge to Kickstart Offshore Wind in Baltic Sea

8 Baltic Sea countries and the European Commission have signed a joint declaration to accelerate the build-out of new offshore wind capacities in the Baltic Sea At an Offshore Wind Conference, hosted by the Polish Wind Energy Association (PSEW), high-level representatives of eight Baltic Sea countries and the European Commission signed a joint declaration to […]

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Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai

Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from […]

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Renewable Jobs Grew to 11.5 Mn in 2019, now Need Policy Support: IRENA

The latest IRENA report shows that jobs in the renewable energy sector reached 11.5 million globally in 2019, led by solar PV with some 3.8 million jobs. Renewable energy continues to bring socio-economic benefits by creating numerous jobs worldwide, according to the latest figures released by the International Renewable Energy Agency (IRENA). The seventh edition […]

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Kalpataru Transmission and Partner Complete Sale of Stake in JKTPL

Kalpataru Power Transmission Ltd (KPTL) has announced that the firm and its joint venture partner have completed 74 percent equity stake sale in Jhajjar KT Transco Pvt Ltd (JKTPL) to IndiGrid. “We are pleased to inform you that the Parties have completed the sale of first closing sale shares, which represents about 74 percent of the total equity […]

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AREAS Invites Proposals for Decentralised RE Solutions for Rural Applications

AREAS has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. The Association of Renewable Energy Agencies of States (AREAS) has proposed to promote innovative decentralised renewable energy (RE) solutions for rural livelihood applications through financial assistance. In line with this, the agency has invited proposals from innovators, […]

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“I have not witnessed a demand like this for the last five years”

Established in 2013, Artha Energy Resources (AER), is a boutique investment bank and developer focusing primarily in the renewable energy sector. It is India\s first and only investment bank focused on the Indian renewable energy sector. Currently, Artha Energy Resources has advised on renewable energy transactions worth $812 million, including 150 MW in large hydro projects, […]

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