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Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac

Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie.  The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […]

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REC Limited Raises USD 500 Million Through Bonds

REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […]

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Total Farms Down 2 Renewable Energy Portfolios in France

In line with its business model for the development of its renewables business, Total, through Total Quadran – its 100% renewable electricity production subsidiary in France, farms down respectively to Banque des Territoires and Crédit Agricole Assurances half of its equity in two portfolios of renewable projects. Crédit Agricole Assurances acquires a 50% stake in […]

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Risen Energy Boosts Market Share with Its 210 Wafer-Based Titan Series Modules

The year is off to a good start at solar panel maker, Risen Energy Co., Ltd., with the first export shipment of its 210 wafer-based Titan series modules, auguring excellent growth prospects for the firm in global markets. Risen Energy has completed the delivery of the world’s first 210 module order consisting of the high-efficiency Titan […]

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Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan

Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […]

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Triton EV Signs MoU With BEL to Develop EV Opportunities in India

The US-based new subsidiary of Triton Solar, Triton EV, has announced its expansion plans in India with its manufacturing facility set up for electric vehicles (EVs) and energy storage systems. “We have announced the availability of SUV Model H and Triton EV Sedan Model N4. Very soon, we will showcase these Triton EVs for Indian […]

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868,000 Jobs in Offshore Wind Energy Segment by 2030: Rystad

There is one energy segment, according to Rystad Energy analysis, that will be the new hiring haven for energy jobs- offshore wind. The COVID-19 downturn has caused employment rates to plummet in different energy industries. As industries return to normal, employment rates are expected to gradually pick up, however, there is one energy segment, according […]

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EV Startup Matter Invests in EV market, Aiming $1 billion Turnover by 2025

Gujrat based EV and energy storage technology startup, Matter expects to achieve a turnover of USD 1 billion (over Rs 7,250 crores) by 2025, a top company official stated. The company has invested USD 3 million (over Rs 20 crores) so far. Matter will be launching its lithium-ion batteries for solar and renewable management by […]

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Amara Raja Opens Tech-hub for Lithium-ion Cells in Tirupati

Amara Raja Batteries has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in Andhra Pradesh. Amara Raja Batteries, a leading automotive battery manufacturer in India has announced that it has opened the country’s maiden technology hub to develop lithium-ion cells, at its Tirupati facility in the state of Andhra […]

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