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solar business

Torrent Power Eyes Expansion Through New Acquisitions & Bids

The annual report of Torrent Power reveals that the company is looking to expand its renewable energy portfolio by the way of fresh acquisitions of existing projects. Torrent is also keen to enter the sectors of transmission and distribution through privatization and franchising. The total power producing portfolio of Torrent currently stands at 4,975 MW […]

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Amazon Accelerates Investments In Green Hydrogen Firms

Amazon has revealed that its $2 billion Climate Pledge Fund is now spurring efforts towards the decarbonization of global operations through green hydrogen. The Fund is known for its early investments in companies like Rivian and BETA Technologies. The Climate Pledge Fund will also be making fresh investments in Electric Hydrogen and Sunfire, the U.S. […]

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Mainstream And Aker Offshore Wind Join Hands For 27-GW Portfolio

Renewable energy players Mainstream Renewable Power and Aker Offshore Wind have announced that they have inked an agreement to combine the two companies to create a stronger renewable energy company with a 27 GW portfolio. The official statement of the companies holds that the new company will foray into solar, onshore wind and bottom-fixed and […]

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Statcon Energiaa And Magellan Powertronics, Australia Ink MoU For EV Charging and Renewable Tech

Australia-based DC & AC electric equipment manufacturer, Magellan Powertronics has inked a Memorandum of Understanding with Delhi-based power electronics manufacturer company, Statcon Energiaa. With this MoU, business and technological cooperation in the field of power electronics are to be encouraged. Manufacturing EV Chargers and Power Electronics for Renewable Energy are its main areas of focus. […]

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Two-thirds Of New Renewable Power In 2021 Cheaper Than Cheapest Coal In G20: IRENA

Renewable Power Generation Costs in 2021, published by the International Renewable Energy Agency (IRENA) has stated that almost two-thirds or 163 gigawatts (GW) of newly installed renewable power in 2021 was cheaper than the world’s cheapest power plants, the source of which was coal, in the G20 countries. According to IRENA, the renewable power added […]

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Senior Engineer – Sourcing & Procurement

Responsible for Sourcing & procurement of equipment, goods and services and managing vendors. This position will manage reliable and cost-effective supply chain strategies to deliver the materials, equipment, supplies and service to the manufacturing and business operations. This position works closely with Manufacturing, Logistics, Quality, Engineering and Finance and reports to the Procurement Manager Activities:- […]

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Continuum Energy Raises $350 Million For C&I Renewable Market In India

Singapore-based Continuum Green Energy Ltd, has announced that it has raised $350 million in debt by issuing senior secured floating rate notes to two international institutional investors. The notes have a tenure of 3.5 years and the proceeds will be partly used to refinance debt and finance project construction. The floating rate is linked to […]

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Mitsubishi Power To Employ Emerson Technologies for Largest Hydrogen Hub

In a major announcement, Mitsubishi Power Americas has revealed that it has chosen global software and engineering leader Emerson, for the automation of the world’s largest green hydrogen production and storage facility. The industry-leading hub will facilitate the integration of renewable energy by producing and storing green hydrogen for long duration energy storage. Under the […]

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GE Signs Deal With Arafura, Eyes Rare Earths For EV & Wind Turbines

Arafura Resources Limited and GE Renewable Energy have signed an MoU to forget a partnership in the set up of a sustainable supply chain for Neodymium-Praseodymium (NdPr) central to energy transition. The parties are looking at negotiating a long-term sales agreement for GE to purchase NdPr from Arafura’s Nolans Project in central Australia. The agreement […]

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