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solar business

EV Maker Nexzu Mobility launches Roadlark Cargo for Last-mile Delivery

An Indian electric vehicle maker, Nexzu Mobility has announced the launch of its electric cargo version called Roadlark, specially designed for meeting the bulk last-mile delivery needs of e-commerce businesses across India. Globally, electric mobility has taken center stage and is being implemented in several forms. Chief among them is the focus on transforming hyperlocal […]

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Italian Wind Firm ERG Acquires 80 MW Renewables Portfolio in France

Leading Italian wind power operator ERG announced in a press release on Friday its acquisition of a company that holds an operational renewables portfolio of 80 MW in France. ERG, through its subsidiary ERG Eolienne France, has signed an agreement with FPCI Capenergie 3, a fund managed by the Paris-based private equity investor Omnes Capital, to […]

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Adani Green Transfers 74% Stake of MSEL to Adani Tradecom LLP

Ahmedabad-headquartered Adani Green Energy Ltd announced on Saturday that its subsidiary Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd (MSEL) to Adani Tradecom LLP (ATLLP). It stated in a BSE filing, “7,400 equity shares are transferred to ATLLP at face value i.e. Rs 10 each, aggregating to Rs […]

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National Grid and RWE Renewables Sign Partnership to Jointly Bid in the New York Bight Lease Auction

Partnership supports both companies’ goals to advance a clean energy future for all and achieve net zero National Grid, one of the world’s largest publicly listed utilities, and RWE Renewables (RWE), one of the world’s leading renewable energy companies, today announced the signing of a partnership agreement to jointly develop offshore wind projects in the coastal region […]

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Process Analyst – TrueCapture

The Process Analyst – TrueCapture will be based in Hyderabad. If you’re looking for start-up speed at a solar company with the bankability and profitability of a world-class Fortune 500 parent company, Flex, this is the role for you. We are looking for someone who demonstrates:- Intense collaboration. Passionate customer focus. Thoughtful, fast, disciplined execution. […]

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Maire, Mytilineos Conduct Joint Feasibilty Study on Green H2 Plant in Italy

In a joint statement released yesterday, Italy-based Maire Tecnimont’s subsidiary NextChem and Greece-based MYTILINEOS’ Renewable and Storage Development Business Unit (RSD BU) announced their signing of an agreement to together carry out a feasibility study for the development of a green hydrogen plant in Italy. NextChem is Maire Tecnimont’s subsidiary operating in the field of […]

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Magenta Closes Series A Round With new Commitments Worth $15 Mn

EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a  commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […]

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Is The SB Energy Exit A Worrying Sign For India?

By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total  assets including project pipeline, has been cited as a possible warning sign for India’s […]

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