Skyfri Group, a cleantech company headquartered in Oslo, Norway, has acquired India’s third largest O&M provider Avi Solar. Skyfri, backed by leading climate investors SpeedInvest, Singularity and Link Venture Capital, is one of the fastest growing clean technology firms globally, accelerating growth through targeted acquisitions and deployment of technology to fully automate solar asset management. […]
Bharti Airtel’s subsidiary acquires minority stake in Avaada KNShorapur – EQ Mag Pro
For purpose of captive power consumption Bharti Airtel announced that its subsidiary, Nxtra Data has entered into an Agreement for acquisition of 11.334% equity stake in Avaada KNShorapur, a special purpose vehicle formed for the purpose of owning and operating the Captive Power Plant, in terms of the regulatory requirement for captive power consumption under […]
TRIG acquires stake in world’s largest operational offshore wind farm – EQ Mag Pro
TRIG has acquired a 7.8% interest in the Hornsea One offshore wind farm, located 120km off England’s Yorkshire coast. With a generation capacity of 1.2GW and covering an area of 407km2, the project is the largest operational offshore wind farm in the world; and, backed by an inflation-linked Contract for Difference (CfD), complements TRIG’s existing […]
“Entry into the U.S. EV Charging Market” SK E&S Acquires EverCharge, a Leading U.S. EV Charging Solutions Provider – EQ Mag Pro
-SK E&S acquires the EverCharge, a complete charging solution provider that manufactures and operates electric vehicle (EV) chargers. This is the first time that a Korean company has acquired the management rights of an EV charging company based in the U.S. With its capability of installing 5 times more chargers than traditional charging systems, EverCharge […]
Cambridge Power acquires Glasgow battery site – EQ Mag Pro
Project rights include a 40-year lease and a grid connection for a 29MW energy storage facility Energy storage developer Cambridge Power has acquired a site in Glasgow, Scotland, with project rights for a 29MW battery from Savills. The deal provides for a 40-year lease with a current annual rental of £50,000 reviewed biannually. Savills secured […]