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SunEdison Investing Rs 2.12 Cr for Majority Stake in two RE Firms

SunEdison Infrastructure Limited has announced that its Board has approved the majority acquisition of two RE firms. Chennai-based renewable energy company SunEdison Infrastructure Limited (SIL, formerly YKM Industries Limited) has announced that its Board has considered and approved the majority acquisition of Megamic Electronics Private Limited and Enrecover Energy Solutions Private Limited. SunEdison, which is into […]

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E.ON To Switch On Renewable Energy for 3 Mn UK Customers

German energy company E.ON will automatically switch its millions of UK customers to energy from 100% renewable sources at no extra cost. Termed as UK’s of the biggest switch towards green energy, German energy utility firm E.ON has announced to switch its three million UK customers to energy from 100% renewable sources at no extra […]

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EIB, Amundi Launch €1Bn Financing Program for European Energy Transition

Amundi and EIB have signed a partnership agreement to launch the Green Credit Continuum investment programme with the goal to speed up the energy transition. With a view to deploying the new financing needed to meet the Paris Agreement targets in the EU, European asset management leader Amundi and EU green bond pioneer the European […]

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EDPR Secures PPA for 126 MW Wind Farm in Brazil

EDPR has secured a 20-year PPA, to sell the energy to be produced by Monte Verde VI and Boqueirão I-II wind farms in Brazil. EDP Renováveis (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, through its subsidiary EDP Renováveis Brasil, S.A., has secured a 20-year […]

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Global Wind Capacity to Grow by 60% Over Next 5 Years

Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new analysis. Global wind power capacity additions are expected to sit at an annual average of 71 GW from 2019-2023 and 76 GW from 2024-2028, according to a new […]

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Centrica Offering Home EV Charging Installations in UK

Centrica has announced the expansion of its digital service, Local Heroes, to offer homeowners electric vehicle (EV) charging installations. British multinational energy and services company, Centrica has announced the expansion of its digital service, Local Heroes, to offer homeowners electric vehicle (EV) charging installations. Designed to help people find trusted local tradespeople, the British Gas […]

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China to Become Largest Energy Storage Market in APAC by 2024

A new analysis has revealed that China will become the largest energy storage market in the Asia Pacific (APAC) by 2024. Consultancy and rating agency Wood Mackenzie has revealed that the cumulative energy storage capacity in China is projected to skyrocket from 489 megawatts (MW) or 843 megawatt-hours (MWh) in 2017 to 12.5 gigawatts (GW) […]

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Vestas Selected to Expand Largest Citizen-Owned Wind Park

Bürgerwindpark Reußenköge has placed an order with Vestas for 12 turbines for the expansion of the largest citizen-owned wind park. Bürgerwindpark Reußenköge has placed an order with Vestas for 12 of its V112-3.45 MW turbines for the expansion of a citizen-owned wind park in Schleswig-Holstein. With this order, the wind park will have a total […]

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EESL Introduces Super Energy Efficient AC at Rs 41,300

In the first phase, 50,000 ACs will be available for consumers of BSES Rajdhani Power Ltd (BRPL), BSES Yamuna Power Ltd (BYPL) and Tata Power Delhi Distribution Ltd (Tata Power-DDL), on a first come, first served basis. Government-backed Energy Efficiency Services Limited (EESL) has commenced the sale of the first-of-its-kind, Super-Efficient Air Conditioners (ACs), for […]

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