British International Investment (BII), the UK’s development finance institution and impact investor, along with FMO, the Dutch entrepreneurial development bank, have revealed a shared commitment of $50 million in loans to BECIS for assisting renewable sector in India and Southeast Asia’s commercial and industrial sector.The collaborative funding will support...
Gensol Engineering Limited has received significant order book worth Rs 17.83 billion.Gensol’s diverse order book showcases its involvement in multiple sectors, each contributing significantly to its overall portfolio. These include solar engineering, procurement, and construction business, and electronic vehicle leasing business contributing Rs 14.48 billion and Rs 3.35 billion,...
NEWARK — Genie Energy Ltd. announced that its Helsinki-based renewable electricity supply subsidiary, Lumo Energia Oyj (Lumo), has expanded its customer base by approximately 20% after acquiring meters from Energia 247, a Finnish competitive energy provider that has exited the business. Lumo is supplying the new customers with electricity generated entirely from...
SHENZHEN, China, - Global PV inverter shipments increased by more than 35% in 2020 despite the pandemic according to IHS Markit's latest PV Inverter Market Tracker, with Growatt consolidating its market-leading position as one of the world's top 10 brands.In 2020, Growatt continued to be the top Chinese supplier of...
Premier Energies, a solar cell and module manufacturer from Telangana, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India, aiming to raise more than Rs 15 billion through an initial public offering (IPO). The IPO would include an offer by the selling...
Soltec has secured a contract to supply 130 MW of its SF7 tracker technology for a solar project undertaken by OHLA in the province of Badajoz. The solar plant will be equipped with the SF7 solar tracker. This tracker features a two-module vertical configuration (2P) and has terrain adaptability...
Pune/ Chennai - India Energy Storage Alliance (IESA) focused on accelerating adoption of energy storage, e-mobility, green hydrogen & microgrids in India has signed a Memorandum of Understanding (MoU) with IIT Madras Research Park (IITMRP), Chennai, to collaborate on activities that will foster and support innovations and entrepreneurship ecosystem...
LIVERMORE, Calif. – Altamont Pass in Livermore, California, East Bay Community Energy (EBCE), one of California's most successful community choice power agencies, marked the commercial commencement of the Scott Haggerty Wind Energy Center, a re-powered source of clean energy for residents within its district spanning 14 cities and Alameda County.The ribbon-cutting is emblematic of...
Jindal Stainless, the largest stainless steel manufacturer in India, has formally pledged its commitment to the near-term science-based emissions reduction goals and net zero targets set by the Science-Based Targets initiative. The formulation of these objectives will involve a thorough evaluation of the company’s greenhouse gas emissions inventory throughout...