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Macquarie, Siemens units create US distributed energy joint venture

Electricity generation is forecast to increasingly move away from traditional structures involving large fossil fuel-burning power plants, towards localized systems using renewable energy and battery storage, known as distributed energy NEW YORK: Units of Macquarie Group and Siemens AG are forming a venture named Calibrant Energy, that will invest in the emerging energy-as-a-service (EaaS) sector […]

Central America’s Solar Revolution and the Rooftop Revolution in the U.S. -EQ

L&T completes Divestment of the Electrical & Automation Business to Schneider Electric

This strategic divestment is in line with L&T’s stated goal of unlocking value for future growth Mumbai: Larsen & Toubro (L&T), India’s leading engineering, technology, construction and financial services conglomerate, today announced the closure of the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider Electric, a global player in energy management […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ

Schneider Electric : Availability of Reliable, Affordable and Consistent Supply of Electricity will be at the Heart of a Smart City

The Government of India launched the “100 Smart Cities Mission” in an objective to “promote sustainable and inclusive cities that provide core infrastructure and give a decent quality of life to its citizens, a clean and sustainable environment and application of ‘Smart’ solutions”. As per the information available on Ministry of Housing and Urban Affairs […]

Battery Energy Storage Systems: A Clean Energy Solution NY Needs -EQ

Schneider Buys Stake in AutoGrid to Tap Its Software for Distributed Energy and Microgrids

Investment in the Silicon Valley startup could boost French electric tech giant’s distributed energy integration capabilities, from design to operations. Schneider Electric has invested in Silicon Valley startup AutoGrid, with plans to put its data analytics and machine learning to use in managing distributed energy resources and microgrids for industrial and commercial customers. Wednesday’s investment […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

GE appoints Prashant Jain to lead GE Steam Power in South Asia

GE on Friday announced appointment of Prashant Jain to lead the global conglomerate’s steam power business in South Asia. Prashant will officially assume the role of Regional General Manager GE Steam Power South Asia and Managing Director GE Power India on April 17, 2019, a company statement said. He joins GE from Siemens where he […]

Indosol unveils solar module plant in Telangana – EQ

Fuji Electric close to Consul Neowatt buy for Rs 700 crore

Fuji is seeking to buy a majority stake in Consul Neowatt, which is owned by the private equity fund Peepul Capital. Japanese electric and thermal energy major Fuji Electric is in the final stages of discussions to acquire Consul Neowatt Power Solutions, a Chennai based power backup manufacturer, in a deal worth $100 million (Rs […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ

Tata Power-DDL ties up with European firms to implement smart grid pilot in Delhi

Tata Power-DDL Friday joined hands with European firms Enedis, Schneider Electric, Odit-e and VaasaETT to implement a 1-megawatt smart grid demonstration project in the national capital, which would be insulated from any blackout in the main grid. This microgrid will cater to a specific area which could be connected to main grid or can be […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ

What Recent PV Inverter Headlines Say About the Evolving Market Landscape

Huawei, Kaco and Schneider—three of the top global PV inverter vendors—have all made news lately. The last week of February saw a flurry of news tied to three of the largest solar PV inverter vendors in the world. The week began with 11 senators penning a letter to Secretaries Rick Perry of the Department of […]

Powering Your Fridge Off-Grid: Solar, Batteries, and Energy Efficiency – EQ

Invenergy Future Fund Closes $150M Fund, Changes Name to Energize Ventures

Invenergy Future Fund Closes $150M Fund, Changes Name to Energize Ventures GE, Schneider Electric and WEC Energy are among the LPs in an expanded venture fund that’s put $30 million into five startups so far and has $120 million more to go. Invenergy Future Fund has invested about $30 million in five very different startups […]

Torrent Power gets letter of award to supply 150 MW renewable energy -EQ

Schneider Electric, partnering with Temasek, has reached an agreement to buy Larsen & Toubro’s Electrical & Automation business and will combine it with its Low Voltage & Industrial Automation Products business in India

Key highlights: Combined business well-positioned to serve the fast-growing Indian Energy Management and Industrial Automation Market Transaction to combine Schneider Electric’s strong global technology platform, digital offers and global presence with L&T Electrical & Automation’s wide domestic reach, coupled with end-to-end R&D and manufacturing capabilities specific to Indian market Make in India: Post transaction, India […]

OeEB invests in AMPIN Energy Transition to support renewable energy investments in India – EQ