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Scatec Solar Introduces Solar Plant Leasing Service ‘Release’

Scatec Solar is launching a new service that will offer industrial players in emerging markets access to flexible, reliable and low-cost power through solar plant leasing. The new service, called Release- by Scatec Solar, offers companies flexible leasing agreements of pre-assembled solar and battery equipment, from 1 to 20 MW capacity. The solution is particularly […]

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IFC and FRV Close Financing for 296 MW Mexican Solar Plant

The International Finance Corporation (IFC) and Fotowatio Renewable Ventures (FRV) have announced the financial close for 296 MW Potrero Solar project. The International Finance Corporation (IFC), member of the World Bank Group, and Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, a leading global developer of renewable utility-scale projects, has announced the financial […]

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At REI 2019, Hope Makes A Comeback, Against the Odds

The Renewable Energy India (REI) Expo 2019 began at the India Expo Centre of Greater Noida yesterday. The event will run till September 20, offering the largest assembly of players in the renewable energy and now, the e-mobility sector in India. The Expo, in its 13th year, justifiably claims to be the biggest such show […]

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Magenta Group Wins ‘EV Charging enabling Technology Leadership Award’

Magenta Group was recently bestowed with the ‘Indian EV Charging Enabling Technology Leadership’, at the Frost & Sullivan India Intelligent Mobility Awards Magenta Group, a pioneer in establishing the Electric Vehicle (EV) ecosystem in India under the ChargeGrid brand, was recently bestowed the ‘Indian EV Charging enabling Technology Leadership award’, at the 2019 Frost & […]

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Tata Motors Sponsors GenZ’s Interest in Developing EV

Supports IIT Bombay students’ participation in the Formula Student UK 2019 Tata Group’s automotive manufacturer Tata Motors has collaborated with IIT Bombay Racing Team, sponsoring a team of 70 budding engineers to fulfill their aspirations of developing an electric race car “EVoK”. IIT Bombay Racing is India’s premier Formula Student Electric team with a vision […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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EBRD Extends Renewables Financing by EUR 300 mn in Kazakhstan

EBRD is supporting Kazakhstan’s drive to promote renewable energy, with new funds under the Bank’s Kazakhstan Renewables Framework The European Bank for Reconstruction and Development (EBRD) has announced that it is pledging fresh funds to support Kazakhstan’s drive as a regional leader to promote renewable energy, with the help of a second phase of the Bank’s […]

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ACT to Auction for 250 MW Renewable Plus Storage Projects

The Australian Capital Territory (ACT) will conduct a new reverse auction for the construction of up to 250 MW of new renewable energy and storage projects. The Australian Capital Territory (ACT), has announced that it an attempt to ensure that the ACT remains 100 percent powered by renewable electricity, it will conduct a new reverse […]

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MERC Approves Petition Seeking Deviation in PPA/PSA for 252 MW Solar Projects

MERC has approved the plea’s made by MSPGCL for seeking deviations in the PPA and approved PSA for the 252 MW out of 302 MW solar projects   The Maharashtra Electricity Regulatory Commission (MERC) has in its latest order approved the plea’s made by the Maharashtra State Power Generation Co. Ltd. (MSPGCL) for seeking deviations […]

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