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Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans

Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […]

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Sales And Marketing Associate

We’re looking for a Inside Sales Manager with proven ability to work well with others in a fast paced, exciting product environment across Global customers. Well before you ask, yes this is a senior leadership role; you will have the opportunity to interface with the CEO, CPO, CTO, All Leads, senior Co-Founders, and senior stakeholders […]

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Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark

Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view  on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […]

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European Commission Funds €134 Million to Germany’s BASF for Renewable Hydrogen

The European Commission has announced the approval of a €134 million to support Germany’s BASF SE for the production of renewable hydrogen, with the aim of decarbonising its chemical production processes and of promoting hydrogen use in the transport sector. EC said that the measure contributes to the achievement of the EU Hydrogen Strategy and […]

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UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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European Union to Invest $5.2 Billion More for Green Hydrogen Projects

To provide a major thrust to hydrogen development in the region, the European Commission (EC) has approved $5.2 billion in public funding. The EU said that the new investments will also be attracting about $6.8 billion in private funding for the hydrogen industry. The EU held that 13 countries will be giving funds for a […]

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Danish Firm Vestas Gets Twin Orders for Turbine Supply of 148 MW

Denmark-based Vestas Wind Systems A/S has announced that it has received turbine supply orders for 148 MW of wind projects in Finland and Lithuania. The Lithuania order will also include engineering, procurement and construction (EPC) services. Both the orders to Vestas are for 74-MW each. Vestas did not specify the names of its clients in […]

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CESL Selects Agencies for Battery Swapping Station Sites, E-Vehicle Charging Stations

Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), a joint venture of public sector companies under the Ministry of Power, has today announced the list of selected agencies for the installation of 124 battery swapping stations, 352 standing chargers for electric two and three wheelers as well as 1294 […]

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