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Mahindra Launches Asset Care Company ‘TEQO’ for RE Industry

This newly formed company will provide optimization solutions for renewable energy customers both in India and abroad. The word TEQO is derived from Technology, Quality and Operations. With an aim to accomplish its aspiration to deliver a comprehensive, technology-enabled, asset management solution, Mahindra Partners has launched a technology driven asset care company TEQO. This newly […]

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Azure Power Announces 29% Gain in Revenue For FY 2018-19

Total revenue for Azure Power during the year was Rs 992.6 crore, up by 29% from Rs 770 crore during last year. Azure Power, a leading independent solar power producer in India, has announced its consolidated results and revenue for the fiscal fourth quarter and year ended March 31, 2019. The company generated a revenue […]

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In New Innings, MNRE Minister Alive To Payments Issue For RE Producers

The statement by the Power and New and renewable energy minister R K Singh that the government is building a payment security mechanism to protect developers from delays on generation payments is to be welcomed, as it shows a rightful recognition of a key issue plaguing the sector.  A pricing squeeze of the sort the […]

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Investors Paid the Price For GE Misjudging the Potential of Renewables

Investors in GE lost billions due to the company misjudging the pace of the global energy transition towards renewable energy According to a new report, investors in, once the most valuable company in the world, General Electric (GE) lost billions due to the company misjudging the pace of the global energy transition towards renewables. The […]

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Growatt Unveils Next Generation PV Inverter Solns at SNEC

The company’s latest innovation includes – the “X” series of inverters ranging from 2.5kW to 80kW. China-based PV inverter maker Growatt has showcased its comprehensive series of future photovoltaic (PV) solutions during the SNEC PV Power Expo, world’s biggest exhibition for the solar power industry, held in Shanghai. The inverter maker has unveiled its new […]

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Seventy Majors From India’s Top 100 Corporates Shifting to RE: WWF Report

Giving a boost to the Renewable energy sector in India, the latest WWF India report says that 70% of top Indian corporates have shown increased uptake of Renewable energy. The report titled, ‘Renewable Energy Demand in India: Corporate Buyers’ Perspective’ was launched by Mr. Jamshyd Godrej, Chairman, Godrej & Boyce in Mumbai at a WWF-India and The […]

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EESL and AMC Partner to Promote EVs in Ahmedabad

EESL has entered into a partnership with AMC to establish enabling infrastructure for Electric Vehicles (EVs) in Ahmedabad over a 10-year period. Energy Efficiency Services Limited (EESL), a joint venture under Ministry of Power, Government of India has entered into a partnership with the Ahmedabad Municipal Corporation (AMC) to establish enabling infrastructure for Electric Vehicles […]

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Vestas Selected as EPC Service Provider For South African Wind Project

Vestas has developed a full EPC solution for the 35 MW Wesley wind project located at the Eastern Cape. Leveraging its extensive project management experience and product expertise, Denmark-based wind energy major, Vestas has developed a full engineering, procurement and construction (EPC) solution for the 35 MW Wesley wind project located at the Eastern Cape. […]

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Glennmont Closes its 3rd Clean Energy Fund at a Record €850 Mn

Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. UK-based fund manager Glennmont Partners has successfully raised €850m at the final close of its third fund investing in clean energy infrastructure projects in Europe. It is the largest amount that has ever […]

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