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Octopus Energy Group Raises Fresh Funds Totaling $550 million

In a fresh announcement, British renewable energy player Octopus Energy Group said that it has closed the recent funding round and has secured $325 million from its shareholders. It said that the loan is raised on the terms agreed during the fundraising round in December 2021. The official statement revealed that the RE player’s investors […]

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The Rise Of Solar Fires Sound A Cautionary Note

A recent study by Firetrace International, a global provider of fire suppression technology, has indicated that solar farm fires are seeing a sharp rise. The report, titled, “Hidden Danger – why solar farm fire risk could be greater than you think,” shares that the industry could possibly be misjudging the threat of fire. It has […]

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Iberdrola Secures €550 Million Loan For Renewable Projects In Spain

Iberdrola, the Spanish multinational utility company, has said that it has forged an agreement with the European Investment Bank (EIB) to expedite Spain’s energy transition by establishing new renewable energy capacity. Under the agreement, the EU bank will provide a €550 million green loan for the construction of a portfolio of projects with a total […]

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German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition

Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […]

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Orsted Acquires Ostwind; Eyes Key Markets in Europe

Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […]

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Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project

Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […]

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Project Engineer-I for NS(S&CS) SBU

Bharat Electronics Limited, a Navratna Company and India’s Premier Professional Electronics Company under Ministry of Defence, requires the following personnel on contract basis for its Naval Systems SBU, Bengaluru Complex.  1.    REQUIREMENT OF PROJECT ENGINEERS:-    Post & Post Code   Qualification   No. of Posts Minimum Post Qualification Experience as on 01.07.2022   […]

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Project Engineers for Water Front Support Locations

Bharat Electronics Limited, a Navratna Company and India’s Premier Professional Electronics Company under Ministry of Defence, its Hyderabad Unit requires the following personnel on temporary basis as Project Engineer-I for deployment at Water Front Support Locations. 1.  REQUIREMENT OF ENGINEERS:-   Post   Place of Posting Number of Posts Upper Age Limit as on 01.07.2022 […]

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93% of MSEDCL Tender For 535 MW Solar Power Goes To Railways Firm

In an interesting development, Braithwaite India and Co. Limited, a firm under the Ministry of Railways, has got an allotment of 500 MW out of a 535 MW of bids  accepted by MSEDCL (Maharashtra State Electricity Distribution Company Limited),  under the ‘Mukhyamantri Saur Krishi Vahini Yojana’ from 2 to 10 MW capacity projects. For the […]

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