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Solar Power Cluster Of 1.5 GW Being Developed By Voltalia in Brazil

France based RE player Voltalia has declared that its developing a new photovoltaic cluster with a potential capacity of more than 1.5 GW in the state of Minas Gerais in Brazil. The official statement of Voltalia informs that after developing its large clusters in Brazil at Serra Branca1 of 2.4 GW and Canudos2 of over […]

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LG Electronics Acquires AppleMango, Forays into EV Charging Business

LG Electronics announced on June 26 its foray into the EV charging solutions business by acquiring fellow South Korean EV charging firm AppleMango amid a global electrification push. About 60 per cent stake in AppleMango was bought by the Korean electronics major for an unspecified amount, with GS Energy and GS Neotek taking over 34 […]

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Sun Cable’s Australia-Asia Project Reaches Investment Ready Milestone

Australia’s most ambitious trans continental project, the AAPL (Australia-Asia Power Link) project from Sun Cable has reached yet another milestone with categorisation as an investment ready project by the government agency Infrastructure Australia.. The David Griffin led firm has  also been backed by Mike Cannon-Brookes’ Grok Ventures and Andrew Forrest’s Squadron Energy, together with a […]

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System Level Solutions To Form Subsidiary VerdeMobility India Pvt Ltd For CPO Business In India

An integration specialist company, System Level Solutions has announced the formation of its subsidiary VerdeMobility India Pvt. Ltd. for CPO business PAN India. The formation seeks to address the evolving and dynamic landscape of electric vehicles and  revolutionize EV charging at the same time. The new entity will also focus on smart solutions to create […]

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EV Tech Start-up Matter Closes US$ 10 million Round

Ahmedabad based Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, has raised an initial US$ 10 million in its latest round of funding. The round drew interest from a diverse set of investors including Capital 2B, a technology fund backed by Infoedge, Climate Angels Fund, and other marquee Indian […]

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World’s First Open CO2 Transportation Using ABB Technology

For the primary electrical, automation, and safety systems for Norway’s Northern Lights project, engineering, procurement, and construction (EPC) company Aker Solutions has hired ABB Technology . Northern Lights is a first-of-its-kind project from enterprises across Europe to safely store CO2 (CO2 Transportation). In this project, Northern Lights is creating an open and adaptable infrastructure to […]

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Setting Industry Standards for Clean Energy Products

In the past few years, clean energy products have gained substantial popularity. Consumers, who are becoming more environmentally conscious by the minute and keen to save money, are embracing the transition to renewable products with open arms. As the Centre looks to reduce carbon emissions by a massive 1 billion tonnes by 2030, more and […]

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Pennar Industries Inducts Pradeep Sangwan As BU Head-Solar

Hyderabad based Infrastructure group Pennar Industries has roped in industry veteran Pradeep Sangwan as Business Unit Head, Solar. Sangwan, who has had a long and distinguished stint in the solar sector so far, was previously working with Solar firm Econess Energy. Before that, he has worked with Renesola Power and Tata BP Solar too. An […]

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Keen To Enter Into RE, OTPP Offers Rs 2300 Cr For 49% Stake In Mahindra Susten

One of the largest pension funds in Canada, Ontario Teachers’ Pension Plan (OTPP), is looking to acquire a stake of close to 49%, worth Rs 2,300 crore in Mahindra Susten Pvt Ltd, thereby valuing the entity at Rs 4,600 crore, inclusive of debt. An exclusivity clause has been signed between OTPP and Mahindra Susten. With […]

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