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Anand Gupta

Editor - EQ Int'l Media Network
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Asia - Pacific

ADB, EDC Sign Mandate for 2 GW Solar and Battery Storage Power Program in Cambodia

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MANILA, PHILIPPINES: The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 gigawatts (GW) of solar power in Cambodia. The mandate will help the country achieve its goal of carbon neutrality by 2050. Under this mandate, ADB will help […]
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scatec
Quarter Results

Third quarter 2022: Strong performance driven by the Philippines

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Oslo, 3 November 2022: In the third quarter 2022, Scatec’s proportionate revenues increased by 52% to NOK 1,818 million (1,196) with an all-time high EBITDA of NOK 850 million (767). Power production rose to 1,135 GWh (1,065). “We reported strong results from our diversified portfolio of power plants driven by the solid performance in the […]
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Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy
Americas

Aspen Power Partners Announces $350 Million Investment from Carlyle to Fuel Growth and Acquisition Strategy

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With the goal of reaching gigawatt scale by mid-decade, Aspen acquires Safari Energy from PPL Corporation  DALLAS AND NEW YORK: Aspen Power Partners LLC (“Aspen”), a distributed generation platform with the mission of accelerating decarbonization, today announced a $350 million investment from funds managed by global investment firm Carlyle (NASDAQ: CG). The investment supports Aspen’s organic and […]
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Actis Backed Rezolv Energy Acquires Rights To Develop Europe’s Largest Ever Solar Photovoltaic Plant
Europe & UK

Actis Backed Rezolv Energy Acquires Rights To Develop Europe’s Largest Ever Solar Photovoltaic Plant

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Rezolv Energy was launched earlier this year by Actis to build a new era of sustainable power in Central and South-Eastern Europe The 1,044 MW plant, acquired from Monsson, will be situated in western Romania The plan is expected to be online by 2025, providing clean power to more than 370,000 households Potential to integrate […]
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Saudi Arabia to start making EVs to help break away from oil’s economic dominance
Middle East & Africa

Saudi Arabia to start making EVs to help break away from oil’s economic dominance

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Saudi Arabia is roll out a line of electric vehicles in 2025 in partnership with BMW and Taiwan’s Foxconn, saying it hopes to “ignite a new domestic industry and ecosystem” that attracts local and international investors as it seeks to cut economic dependence on fossil fuels. It is the second move by Saudi Arabia into […]
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India added over 2.2GW rooftop solar capacity with Growatt being the No.1 inverter supplier
Featured

Growatt Portable Power Station Officially Goes Live on Amazon

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Growatt announces the launch of an Amazon store for their powerful solar generator & solar panels that harness endless power to light up the future of mankind LOS ANGELES: Growatt, a global leading new energy brand, debuted Infinity 1500 on Amazon yesterday, with special launch deals to mark the occasion. Customers who purchase Infinity 1500 will […]
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Redington announces record Q2 Results; reports highest YoY H1 growth
Quarter Results

Redington announces record Q2 Results; reports highest YoY H1 growth

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Highest ever quarterly Revenue & operating profit INR 19,080 Crores in revenues for Q2FY23 PAT growth of 26% YoY for Q2FY23 CHENNAI, India: Redington Limited (NSE: REDINGTON), today announced its financial results for Q2FY23, which ended on September 30, 2022. The company has registered its highest ever quarterly revenue and operating profit. Global revenues grew by a […]
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MVA govt didn’t give nod for the study of floating solar power project at Jayakwadi dam, claims minister Karad
India

MVA govt didn’t give nod for the study of floating solar power project at Jayakwadi dam, claims minister Karad

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Aurangabad : The previous Maha Vikas Aghadi (MVA) government did not give permission for the study of a floating solar power project at the Jayakwadi dam in Maharashtra, Union Minister of State for Finance Dr Bhagwat Karad alleged on Wednesday. The current alliance government of the Eknath Shinde-led Shiv Sena faction and BJP has now […]
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Charging stations for EVs set up in Delhi Cantt area
EV Charging

Charging stations for EVs set up in Delhi Cantt area

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New Delhi: Charging points for electric vehicles were inaugurated at Delhi Cantonment by Lt General Dhiraj Seth, general officer commanding of the area, on Wednesday. Power discom Tata Power Delhi Distribution Limited (TPDDL) has collaborated with the Indian Army for installing 17 fast charging points for EVs at Delhi Cantt. All the chargers are operational […]
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Renewable power generators can benefit from Open Access framework
Renewable Energy

Renewable power generators can benefit from Open Access framework

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Indian power generators in general and renewable companies, in particular, will benefit from the counterparty shift to commercial and industrial (C&I) customers from weak state-owned distribution companies, said Fitch Ratings. Indian power generators in general and renewable companies, in particular, will benefit from the counterparty shift to commercial and industrial (C&I) customers from weak state-owned […]
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