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US Power Industry Sees a Drop of 4.1% in Deal Activity in December 2019

The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average The US power industry saw a drop of 4.1 percent in overall deal activity during December 2019, when compared with the last 12-month average, according to GlobalData’s deals database. A total […]

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MNRE Opens Facilitation Centre to Strengthen Ease of Doing Biz

With an aim to further strengthen the ‘Ease of Doing Business’ in the country, the Ministry of New and Renewable Energy (MNRE) has opened a new wing as an “Industry and Investors’ Facilitation Centre” in the Ministry. This centre will work as a focal point to provide correct and timely information related to policies and […]

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Adani Sells 25.10% Stake in AEML to Qatar Investment Authority

Adani Transmission has announced that the Qatar Investment Authority has completed the acquisition of a 25.10 percent stake in AEML Adani Transmission Limited (ATL) has announced that Qatar Investment Authority (QIA) has completed the acquisition of a 25.10 percent stake in Adani Electricity Mumbai Limited (AEML) from ATL along with an investment in shareholders subordinated […]

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Voltalia to Build and Maintain Solar Farms Worth 134 MW in Portugal

Voltalia will provide EPC services followed by O&M services to Smartenergy for three solar farms in Portugal with a total capacity of 134 MW. Voltalia, an international player in renewable energy sector has announced that it will provide engineering, procurement and turnkey construction (EPC) services followed by operation and maintenance (O&M) services to Smartenergy, a […]

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EC Approves EUR 53 Mn Scheme for EV Charging Stations in Romania

The European Commission has approved the EUR 53 million scheme to support the creation of a network of charging stations for EVs in Romania The European Commission (EC) has found plans to support the creation of a network of charging stations for electric vehicles (EV) in Romania to be in line with EU State aid […]

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India’s Solar and Wind Capacity to Reach 135 GW by 2024: BTI

India’s solar and wind generation capacity has been predicted to reach 135 GW by the end of 2024 up from the 77 GW at the end of 2019. According to a new report, India’s solar and wind generation capacity has been predicted to reach 135 gigawatts (GW) by the end of 2024 up from the […]

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L&T Bags Contracts for its Power, Transmission & Distribution Business

L&T has announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from clients in India and abroad. Larsen and Toubro (L&T) have announced that the Power, Transmission and Distribution Business of L&T Construction has secured orders from prestigious clients in India and abroad. In the Philippines, the business has won […]

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JinkoSolar Retains top Spot in Global Solar PV Module Shipments for 2019: GlobalData

JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, GlobalData has revealed Chinese solar module manufacturer JinkoSolar has emerged as the leading company in terms of global solar photovoltaic (PV) module shipments in 2019, securing the top position in GlobalData’s 2018 ranking produced last year. The […]

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West Bengal to set up Solar Projects on Depot Roofs to Charge EVs

The West Bengal Transport Corporation is set to generate power through solar panels on depot roofs to recharge its electric vehicles (EVs) The West Bengal Transport Corporation (WBTC) is set to generate power through solar panels on depot roofs to recharge its electric vehicles (EVs). The Energy and Resource Institute (TERI) has conducted a study and found significant savings in annual electricity bills. In a […]

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