Home Business & Finance

Business & Finance

Consortium of ENGIE and NAREVA declared bidder for Gafsa solar plant

The consortium will be responsible for developing, designing, financing, building, operating and maintaining the 120 MWp Gafsa photovoltaic power plant over a period of 20 years from commissioning. he consortium led by ENGIE (ENGIE.com) and NAREVA has been declared preferred bidder for the construction of the Gafsa photovoltaic power plant, which was launched as an […]

Panasonic’s India arm eyes Rs 500 cr revenue from solar business in 3-4 years

  Japan-based Panasonic Corporation’s Indian subsidiary Panasonic Life Solutions is eyeing Rs 500 crore revenues from its solar business in the next 3-4 years, with focus to become a leading rooftop EPC player. Panasonic Life Solutions India, earlier known as Anchor Electricals, is also looking to expand its electric vehicle charging offerings across the country. […]

RWE is possible takeover target in renewables boom – Goldman Sachs

Following an asset swap with E.ON, RWE last year became Europe’s third-largest renewables player after Spain’s Iberdrola and Italy’s Enel, and the world’s No.2 offshore wind player after Denmark’s Orsted FRANKFURT: RWE, Germany’s largest power producer, could become a takeover target as big industry players strive to expand their renewable portfolios around the world, Goldman […]

USD 2.5 million fund for clean-tech start-ups

The initiative focusses on solving the problems around reliable electricity which has challenged many a business and also affects the livelihood opportunities and incomes of households. VilLgro Innovation Foundation, one of the country’s top social enterprise incubators has collaborated with the Council on Energy, Environment and Water (CEEW) for a $2.5 million initiative to support […]

Tesla to take new $1.4 billion loan from Chinese banks for Shanghai factory: Sources

China Construction Bank (CCB), Agricultural Bank of China (AgBank), Industrial and Commercial Bank of China (ICBC) and Shanghai Pudong Development Bank (SPDB) are among the banks which have agreed to give Tesla the financial support, one source with direct knowledge said. BEIJING/SHANGHAI: U.S. electric vehicle maker Tesla Inc and a group of China banks have […]