GIP, which raised the world’s biggest infrastructure fund at $22 billion in December, acquired the platform from IDFC Alternatives in 2018 as part of its India entry The platform owns around 750 MW of renewable assets US-based Global Infrastructure Partners (GIP) is planning to sell its Indian renewable energy platform Vector Green Energy, two people […]

In a letter to R.K. Singh, Union Minister of State for Power and New and Reweable Energy, Palaniswami said some of the provisions mentioned in the draft Electricity (Amendment) Bill, 2020 are detrimental to the state government/state utilities Chennai: Tamil Nadu Chief Minister K. Palaniswami on Wednesday told the central government that allowing private franchisees […]

  Fotowatio Renewable Ventures (FRV) and Harmony Energy have joined forces to commission their first utility-scale battery system in the UK. The project will include six Tesla Megapack lithium-ion batteries, with a total capacity of 15MWh. It will take advantage of Tesla’s ‘Autobidder’ AI software. FRV, a global renewable energy solutions provider, will work with […]

Recent advances in the development of fuel-cell vehicles have also led to rising interest in the industrial production of hydrogen fuel. Some of the mainstream production processes for hydrogen fuel are currently based on electrolysis of water or chemical solutions. Conversion efficiency has been the main focus for hydrogen suppliers, but the cost and accessibility […]

Vietnam, one of Asia’s fastest-growing economies, will have to battle severe power shortages from 2021 as demand outstrips construction of new power plants HANOI: Vietnam’s state oil firm PetroVietnam is seeking to venture into renewable energy sources like wind farms and floating solar panels, as domestic crude oil production has peaked at most of its […]

The EU bank is assisting this operation via a green energy loan, the features of which are fully in line with the requirements set out in its Climate Awareness Bonds programme. Iberdrola today signed an agreement with the European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) to drive the green recovery by developing new […]

Transaction Comprises 24 Solar Projects Totaling 4,800 Megawatts in Midcontinent Independent System Operator and Southeast Reliability Council Markets NEW YORK: Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure business has signed an agreement with Tenaska to enter into a new strategic relationship, increasing its greenfield solar footprint […]

ALEC Energy and Swedish company Azelio has signed a Memorandum of Understanding (MoU) that covers a collaboration over 49 MW installed capacity of Azelio’s thermal energy storage until 2025. The projects are focused to the Middle East and African markets, where Alec Energy aims to expand its business offering as a renewable energy project developer […]

Kahl am Main: SINGULUS TECHNOLOGIES AG (SINGULUS TECHNOLOGIES) today signed contracts for a large order with the customer (CNBM) Bengbu Design and Research Institute of Glass Industry Co., Ltd., Bengbu, China, a subsidiary of China National Building Materials, China, for the Xuzhou site for the delivery of systems for the production of CIGS solar modules. […]

The EIB green energy loan facility is unsecured and provides Vasakronan with flexible financing with a maturity of up to 10 years. Vasakronan has the option of drawing the loan over a three-year period in several tranches. The loan facility supports the new construction and renovation of five properties, all of which have a low […]

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Chandigarh-based Hartek Power Pvt Ltd, one of India’s fastest growing Engineering, Procurement and Construction (EPC) companies, has successfully connected 270-MW solar projects spread across Punjab, Uttar Pradesh and Karnataka to the grid. With the commissioning of these projects, the power systems EPC portfolio of Hartek Power has surpassed 500 MW in solar power projects. Cashing in […]

India, New Delhi: While the deadly Coronavirus spreads around the world, there is a huge demand of Power Backup (UPS) amongst the healthcare industry. With hospitals making test benches for coronavirus testing, it is critical to support the Healthcare sector. Best Power Equipments (BPE), India’s leading power products manufacturing brand has joined hands with reputed […]

Iberdrola raised its offer price to A$0.89 per share, marginally above Infigen’s Friday close of A$0.885, valuing the wind and solar firm at A$856.3 million ($587.6 million) Spain’s: Iberdrola raised its bid for Infigen Energy by three cents a share on Monday, upping the ante in its race against Philippine conglomerate Ayala Corp to buy […]

‘We wanted to make sure it was recognized there are EVs up here’ Prince George electric vehicle owners drove through the city today (July 6) to rally for a zero-emission future. Doug Beckett, founder of the Prince George Electric Vehicle Association, rallied with Tesla Model Y owner Matthew Ceaser, to represent the north in the […]

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