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Sterlite Power has raised Rs 200 crore in debt financing from Allianz GI, representing the firm’s 1st infrastructure sector deal in India. Sterlite Power, a leading global power transmission player, has announced that it has raised Rs 200 crore in debt financing from Allianz Global Investors (Allianz GI) – a leading investment managers firm with […]
Brijesh Prajapati, Managing Director, SofarSolar, a leading inverter firm from China, is gung ho about the prospects for his firm in India. The 7 year old SofarSolar is a young firm like many others in the sector, but has moved quickly to grab emerging opportunities in solar, especially in Hybrid Inverters linked with storage. Recently […]
Global investment firm, The Carlyle Group has announced its growth investment in Amp Solar Group (Amp Energy), an energy transition platform company, with an investment of USD 374 million. The Canadian based, global renewables company has developed over 1.8 GW of distributed and utility-scale renewable generation projects, hybrid generation plus storage projects and stand-alone battery […]
SECI has extended the bid submission deadline for its tender for commissioning of 100 MW solar along with a 40 MW Storage in Chhattisgarh. The Solar Energy Corporation of India (SECI) has announced that it has once again extended the bid submission deadline for its tender for commissioning of a 100 MW (ac) solar project […]
Union Power Minister RK Singh had said that India has moved from being power deficit to become power surplus during the Narendra Modi regime At a recent Memorandum of Understanding (MoU) signing between the J&K government and NHPC for the implementation of 5 power projects (hydropower) in the Union Territory, Union Power Minister RK Singh had said […]
Future arrangements between the UK and EU energy markets should maximize the benefits of interconnection with the bloc’s countries, according to RenewableUK, formerly, the British Wind Power Association. Under the Brexit agreement, the UK and the EU have agreed to a framework for future electricity trading. The new model includes guarantees for open and fair […]
Nexus Renewables U.S. Inc. is pleased to announce an agreement with Pacific Gas and Electric Company (PG&E) whereby Nexus Renewables will service 100+MWh of Resource Adequacy needs in Northern and Central California through a fleet of behind-the-meter energy storage resources. Nexus Renewables’ energy storage fleet will serve three primary goals under a 15-year power purchase agreement (PPA) […]
Global Infrastructure Partners (GIP) has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP® Energy. Global Infrastructure Partners (GIP), a leading global, independent infrastructure investor, has announced the acquisition of MAP® RE/ES, the renewable energy business of MAP Energy. GIP’s fourth flagship fund, GIP IV, will acquire 100 percent of the MAP RE/ES investment […]
Vestas has announced that it has secured two orders worth a combined 417 MW in wind turbine deliveries for new projects in the USA and repowering contracts in the Netherlands. The first order is from SwifterwinT op Land, a collaboration of more than 170 residents and entrepreneurs in the Netherlands, which has placed a 207 MW […]
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