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Azure Power Quarterly Revenue up 28% at $40.3 Million

Azure Power has announced its consolidated results under the United States GAAP for the fiscal Q2 2020, reporting an increase in revenue of 28 percent Azure Power, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal second quarter 2020, […]

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TBEA To Open GW-class PV Inverter Facility in India on November 29

TBEA Xi’an Electric Technology Co. Ltd., an arm of TBEA Group, will inaugurate its GW-class photovoltaic (PV) inverter facility in India on November 29 this year. The firm has emerged as a strong player from its base in China, establishing 2 R&D centers in Xi’an and Munich, Germany. With more than 10 major scientific research […]

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ADB Secures GCF Funding for Innovative Climate Finance Fund in China

GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […]

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Octopus Acquires 9 Wind Farms from RES Group in $110 mn Deal

Octopus Renewables has agreed to purchase 9 wind energy farms in the UK, France and Ireland from RES Group for USD 110 million Octopus Renewables has agreed to purchase nine wind energy farms in the UK, France and Ireland from RES Group for a reported fee in the region of GBP 100 million (USD 110 […]

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Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years

In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […]

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Magenta Power Ties up With Lodha Group for EV Charging Solutions

Magenta Power has tied up with Lodha Group to provide complete end to end EV charging solutions in their upcoming projects at Dombivli and Thane, Mumbai. Magenta Power, a leading electric vehicle (EV) charging solutions provider in India has announced that it has tied up with Lodha Group, listed amongst the coveted real estate developer, […]

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Suzlon Energy Net Loss Widens to Rs 777 cr in Q2 2019

Suzlon Energy has reported a widening of its consolidated net loss to Rs 777.52 crore in Q2 2019. Suzlon Energy on November 14, 2019, reported widening of its consolidated net loss to Rs 777.52 crore in the quarter ended September 30, 2019 (Q2 2019). The company had reported a net loss of Rs 625.76 crore […]

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Driivz to Bring Smart EV Charging Services to Japan With Ennet

Driivz has been selected by the Ennet to deliver its advanced energy management tools for the smart EV charging service EnneEV in Japan Driivz has been selected by the Ennet Corporation, a leading specified-scale electricity utility in Japan under the NTT Group, to bring smart EV charging services to the country. The project will enable Ennet to […]

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GE Gets Wind Turbines Orders Worth 494 MW From Engie

GE Renewable Energy has announced that it has been selected by ENGIE North America to supply 180 onshore wind turbines for two wind projects. GE Renewable Energy has announced that it has been selected by ENGIE North America to supply 180 onshore wind turbines for two wind projects. The agreements include 88 2.8-127 turbines for […]

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