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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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REI 2021 | Conversation with Sandeep Goyal, Consultant/Promoter at Pyramid Electronics

The solar inverter market in India has been dominated by foreign manufacturers. Until now. Finally, we are seeing domestic firms take up the challenge too, and the Himachal based Pyramid Electronics is at the front of that race.  We spoke to Founder Sandeep Goyal, a technocrat with extensive experience in the sector, on his […]

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REI 2021 | Conversation with Shravil Aggarwal, Director at Floatex Solar Pvt. Ltd.

Floatex Solar, the partnership between Prabh Dayal Om Parkash Group (PDOP) and Purshottam Profiles Pvt. LTD, to manufacture and develop Floating Solar has met with some early and promising success in India. The firm has been involved as the EPC contractor on some of the earliest, and biggest floating solar projects in India. With the […]

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District Coodinator (SWM Expert)

Key Duties:- Project management experience in urban infrastructure projectsis required, experience of working as a Team Leader for similar assignments focusing on solid waste management and other service delivery functions of ULBsis required. Demonstrated capabilities to lead multidisciplinary teams and to work with a range of different stakeholders. In-depth knowledge of national and state level […]

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Manufacturing Engineer

Provide technical leadership for the production team. Responsibilities include providing documentation and floor support associated with safety, manufacturing and quality methods, tooling, and equipment. Aggressively initiate new processes and methods that will improve safety, reduce product cost and/or improve product quality. GE Healthcare is a leading global medical technology and digital solutions innovator. Our mission […]

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ACWA Power to Go Public, Expected to Drive RE Boom in Saudi Arabia

Saudi Arabia’s ACWA Power shares will debut on the main market of the Saudi Stock Exchange on Monday, October 11, according to a bourse filing, which is expected to translate into a larger push for renewables in the Kingdom. The utility developer announced an international initial public offering (IPO) plan in September, aiming to raise USD […]

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Eos Energy to Get $25 M Equipment Funds from Trinity Capital

Eos Energy Enterprises, a provider of safe, scalable, efficient, and sustainable zinc-powered energy storage systems, has announced that HI-POWER LLC, a wholly owned subsidiary of Eos, has entered into a $25 million equipment financing agreement with Trinity Capital, a leading provider of debt and equipment financing to growth stage companies. The funds will be used […]

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Mangalore Refinery Goes With GoodWe for 6 MW Solar Plant At Refinery Site

Mangalore Refinery and Petrochemicals Limited (MRPL) has successfully commissioned the largest solar power project in a refinery site in Karnataka. The solar power project commissioned by TATA power solar has a total capacity of 6.063 MWp and is spread across 34 roof tops within the refinery premises. Managing it all are GoodWe inverters, that were […]

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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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