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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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US Crosses 20,000 EV Charging Stations Mark, 68,800 Connectors

According to the US DOE, there are now more than 20,000 EV charging stations in the country, with more than 68,800 connectors. According to reports published by the US Department of Energy (USDOE), there are now more than 20000 electric vehicle (EV) charging stations in the country, with more than 68,800 connectors. “As of May […]

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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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Delhi To Get 2000 Electric Buses & Charging Stations by 2021

The national capital region of Delhi will soon have a strong fleet of around 2000 electric buses plying on its road in the next two years The Delhi government is inducting 1000 electric buses for the state while Delhi Transport Corporation is in the process to procure another 1000 electric buses under the cluster scheme. […]

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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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