Business & Finance

Chinas-JA-Solar-to-supply-PV-modules-for-Qatar-875MW-PV-power-plant-project

Dominion Energy to buy solar project in Virginia – EQ Mag

April 13, 2023 Anand Gupta

Utilities firm Dominion Energy Inc will buy Longroad Energy’s 108 megawatt solar project in Virginia, the U.S.-based renewable energy developer said on Tuesday. The solar project, called Foxhound, has been in development for six years and will produce enough clean energy to power more than 17,000 homes, Longroad said in a press release. Financial details […]

Adani New Industries Sets Up India’s Tallest Wind Turbine In Gujarat

Business & Finance

IberBlue Wind to invest $4.36 bln in Portugal-Spain offshore wind – EQ Mag

April 13, 2023 Anand Gupta

LISBON : Irish-Spanish consortium IberBlue Wind plans to invest more than 4 billion euros ($4.36 billion) in two wind farms off the Atlantic coasts of Portugal and Spain, it said on Tuesday. IberBlue said in a statement it aimed to create a combined installed capacity of 1.96 gigawatts (GW), enough to supply electricity to over […]

Business & Finance

GCL to Raise RMB 6 Billion for Projects Related to TOPCon Cells and Energy Storage Systems – EQ Mag

April 13, 2023 Anand Gupta

In late March, GCL announced that it plans to launch a private placement with the goal of raising no more than RMB 6 billion. After deducting the expenses, the net proceeds will be used to fund the development of two new manufacturing projects and supplement its working capital. This announcement was first picked up by […]

CIP Partners with Cbus in the Australian offshore wind project, Star of the South

Business & Finance

Octopus Energy Eyes Offshore Wind Partnerships In Japan – EQ Mag

April 12, 2023 Anand Gupta

British energy supplier, Octopus Energy, is looking to ramp up its renewable energy supply mix in Japan. The company entered the Japanese market in late 2020 via a joint venture with Tokyo Gas and has garnered approximately 160,000 customers. The energy supplier currently relies on Tokyo Gas for electricity. About 80% is sourced through liquefied […]

Business & Finance

Billionaire Shapoor Mistry’s SP group weighs $2 billion asset sales: Report – EQ Mag

April 12, 2023 Anand Gupta

The company is working with an adviser to seek buyer for its holdings in Afcons Infrastructure Ltd., a Mumbai-based infrastructure construction company, the people said Shapoorji Pallonji Group, controlled by billionaire Shapoor Mistry, is weighing asset sales including a controlling stake in its flagship engineering firm that could raise about $2 billion, according to people […]

Business & Finance

Renewed Cooperation! TW Solar and Libra Energy Reached A Cooperation of 100MW PV Shingled Module Supply – EQ Mag

April 12, 2023 Anand Gupta

Renewed Cooperation! TW Solar and Libra Energy Reached A Cooperation of 100MW PV Shingled Module Supply On March 16th, TW Solar overseas team and Libra Energy formally signed an agreement on the provision of 100MW high-efficiency modules. Surrounded by flowers and champagne, members on both sides had a fruitful discussion at the Solar Solutions International […]

Monthly meeting in virtual mode with original equipment manufacturers of wind turbine generators availing concessional customs duty benefits

Business & Finance

Japan’s Mitsubishi, others raise US$692 million for Monsoon wind project in Laos – EQ Mag

April 11, 2023 Anand Gupta

TOKYO: Japan’s Mitsubishi said that it and other shareholders of the Monsoon wind power project in Laos have raised US$692 million in financing for the wind farm. Mitsubishi, Thai renewable energy firm BCPG, and other stakeholders secured the financing package from the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui Banking Corporation and other […]

Business & Finance

‘Green energy can save Rs 76,000 crore in next 10 years’ – EQ Mag

April 11, 2023 Anand Gupta

VISAKHAPATNAM: The state energy department has focused on realisation of the 42 memoranda of understanding (MoUs) that it entered during the recent global investors’ summit in the energy sector for investments worth ₹ 9.57 lakh crore. The department is planning to frame a special mechanism to achieve this gigantic task. Support will be sought from […]

Waaree Energies gets Sebi’s nod to float IPO

Business & Finance

Government Kickstarts IREDA IPO Process, Scouts For Merchant Bankers – EQ Mag

April 11, 2023 Anand Gupta

The BRLM would advise the Government/IREDA on the timing and the modalities of the Initial Public Offer (IPO), undertake due diligence, advice on regulatory norms and conduct roadshows to generate investor interest The government is planning to come out with an initial share sale offer for up to 25 per cent stake in Indian Renewable […]

Great Opportunity for India to Nurture Renewable Energy Industry to Become World Supplier Piyush Goyal

Business & Finance

Türkiye foresees $1.5B investment in renewable-based storage projects – EQ Mag

April 10, 2023 Anand Gupta

Türkiye has completed the first pre-licensing process after receiving record applications for the installation of solar and wind-based electricity storage facilities, the energy watchdog’s head said Saturday. A total of 12 pre-licenses with a capacity of 744 megawatts (MW) have been granted for the installation of solar and wind-based electricity storage facilities, which foresees an […]