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KKR Backed Virescent Infra InvIT Raises Rs 460 Crores

Virescent Infrastructure, the renewable energy platform sponsored by global investment firm KKR, has set up India’s first renewable energy infrastructure investment trust (“InvIT”), Virescent Renewable Energy Trust (“VRET”). VRET has raised Rs 460 crores (US$62 million) from a group of foreign and domestic investors. Leading the transaction, on behalf of its clients, is Alberta Investment […]

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The Waaree Energies IPO Finally Moves Closer, Marks A Major Step for Manufacturers

Mumbai-based Waaree Energies, India’s largest solar module manufacturer, has filed a draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,350 crore via an initial public offer (IPO). The issue will also have an offer for sale by promoters. The news comes even as enough indications […]

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Senior Application Software Engineer

As a Senior Application Software Engineer, you will be responsible for creating and maintaining customer solutions for an AGV system using our Linux based AGV software framework. This involves the design and development of logistic rules, vehicle routes, optimizing system performance, interfacing with infrastructure such as PLC’s and stations and configuring the framework. You will be responsible […]

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French Firm TotalEnergies Expects RE Expansion in Future

French company TotalEnergies said on Monday that it expected a big rise in renewable-based electricity, solar and wind forms of energy, partly due to a general increase in electrification in the industrial and business world. TotalEnergies added it expected that oil in general would plateau before 2030, while natural gas would continue to play a […]

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Principal Integrity Engineer (Vibrations)

Our IMDS (Integrity Management & Digital Solutions) business segment provides integrated service offerings from asset inspection and integrity management to engineering and conditioning monitoring. Our software enables clients to organize, manage, and analyze operational and technical data collected from inspection data, sensors, EDGE devices, and more. We also offer the bulk cargo value chain industry-specific […]

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76 MW RE Projects Cleared in Telangana: Minister G Jagadish Reddy

Energy minister G Jagadish Reddy said the Telangana state government had received applications for generation of renewable energy for 90 MW and of them 76 MW projects had been cleared. He said that several industrialists were not coming forward to install units to generate power from waste due to stringent norms for disposal of waste. […]

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NHPC Board Approves Setting up Subsidiary for RE Business

State-owned hydro power giant NHPC on Friday said its board has approved the proposal to form a subsidiary for the development of renewable energy, small hydro and green hydrogen projects. “Board of Directors of Company in its meeting held today i.e. Friday, September 24, 2021 inter-alia has considered and approved the proposal regarding the formation […]

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Bord na Mona to Build ‘1st Irish Dedicated RE Business Park’

Irish utility service provider Bord na Mona (BnM) is planing to construct a 200MW-plus hybrid energy park — the “first Irish dedicated renewable-energy business park.” The semi-state company said that the so-called energy park will be developed on more than 7,400 acres of its landbank in counties Meath, Offaly and Westmeath. It is expected to potentially […]

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Global Solid State Transformer Market to be Worth Over $1200 M by 2027

The global solid state transformer (SST) market is likely to register a revenue of $1,246.4 million by 2027, at a CAGR of 26.0% during the forecast period from 2020 to 2027, finds new analysis by Research Dive. The report provides a brief summary of the current market scenario comprising major aspects of the market such […]

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