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It’s Shopping Sunday For Reliance With 40% Stake in Sterling And Wilson Solar

In a Stock exchange filing today, Sterling and Wilson Solar has informed the exchange about the signing of definitive agreements by Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (Reliance), and Shapoorji Pallonji and Company Private Ltd (SPCPL), Khurshed Daruvala and Sterling and Wilson Solar Ltd (SWSL) to acquire 40.0% […]

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Reliance Acquires REC Group in $771 Million Buy Out

In a stock exchange filing today, Reliance Industries Limited (RIL) today acquired Norway-headquartered solar module maker REC Solar Holdings (REC Group) for an enterprise value of US$ 771 million (around Rs 5,800 crore) from China National Bluestar. The acquisition was done through its fully owned subsidiary, Reliance New Energy Solar Limited. “Reliance New Energy Solar […]

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Aker Unveils Underwater Innovation for Floating Offshore Wind

Aker Offshore Wind has outlined plans to utilise Scotland’s first offshore wind underwater substation as part of its bids for major offshore windfarms. The multi-million subsea innovation would be developed, manufactured, and supplied in Scotland by Aker Solutions and provide major export opportunities for Scottish businesses. Substations – which help move the energy created by […]

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Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study

Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 25–49% of global electricity needs by 2050. Despite these predictions, a […]

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6 Myths Blown Away By India’s Power Crisis

The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the country’s thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway […]

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India’s iCreate, Israel’s Start-Up Nation Central Partner for Green Tech

iCreate (International Centre for Entrepreneurship and Technology), an Indian startup incubator and Start-Up Nation Central, a not-for-profit organisation that connects multinational corporations, governments, investors, and NGOs to the Israeli innovation ecosystem, are collaborating to promote the adoption of green technologies. This partnership will also set the stage for the 2nd cohort of the India-Israel Innovation […]

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An Electric Drive On Leh-Manali Route Possible, as 18 EV Stations Come Up On Route

Shuchi Anant Virya, the joint venture company between India’s largest EV based mobility solutions provider, Lithium Urban Technologies and Fourth Partner Energy, the solar enterprise focused on commercial and industrial businesses, today announced the setting up of a network of electric vehicle charging points along the Manali-Leh route in the Ladakh region, thereby enabling EV […]

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S&W Solar Wins its 1st Waste-to-energy Project Worth ~₹1,500 cr

Sterling and Wilson Solar Limited (S&W), which provides solar EPC and O&M solutions, has stated that it has received its first order, worth around Rs 1,500 crore, for its waste-to-energy business from a leading developer of energy assets in the UK and Europe. Last month, the company had announced expansion of its renewable energy offerings […]

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EV Maker Nexzu Mobility Ships Orders to Australia, Europe & GCC

Indian electric vehicle (EV) maker Nexzu Mobility has shipped out some initial orders to Australia, Gulf Cooperation Council (GCC), and Europe and is currently in discussions to close deals with the UK and a few African countries. “Our range of products has been developed after months of R&D to perfectly suit the needs of our […]

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