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REDAVIA Secures $2 M Debt Financing for Expansion in Ghana

“ElectriFI’s funding will be a stepping stone towards the international expansion of our successful delivery model in Ghana,” Erwin added. In order to further expand the leasing of solar assets in Ghana, REDAVIA Global Asset SCA secured a USD 2 million debt financing from ElectriFI to be invested in Ghana in conjunction with the recently signed USD 4 million innovative debt financing deal from responsAbility […]

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Vibrant Gujarat to See RE Deals Worth Rs 50,000 Cr

Gujarat Power Corp Ltd, owned by the Gujarat government, will be laying the foundation stone for one of the biggest solar power park. The 9th edition of the Vibrant Gujarat Global Summit 2019 (VGGS) which is happening from January 18th to 20th, 2019, is expected to witness investment commitment of a massive Rs 50,000 crore […]

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NCLT Allows Demerger of Emami’s Power and Cement Business

In the petition filed with NCLT, Emami pegged that the demerger will bring strength to each business with a focused and individual attention. National Company Law Tribunal’s Kolkata bench has recently approved the demerger of Emami’s solar power business, Emami Power, from its cement business, Emami Cement Limited. A petition was filed by the Indian […]

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Siemens Bags 126 MW Order for Maharashtra Wind Farm

Siemens Gamesa will provide infrastructure to install and operate the facility, including supply, erection and commissioning of 63 units of wind turbines. Siemens Gamesa Renewable Energy has secured an order for 126 MW wind farm in Osmanabad district of Maharashtra, a company statement said. The company statement further added that as part of the turnkey […]

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Renewable Purchase Obligations Should be Strictly Enforced: NITI Aayog

Launched by Finance Minister Arun Jaitley, the document outlines a slew of measures to reform the energy sector of the country. NITI Aayog recently published its latest strategy document ‘Strategy for New India @75’ in which it has recommended that renewable purchase obligations should be strictly enforced. Launched by Finance Minister Arun Jaitley, the document […]

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New Braunfels Utilities Signs One of the Lowest PPA in the USA

A municipally owned utility in Texas, New Braunfels Utilities has signed a 15 year contract with Engie-affiliated Long Draw Solar for $25 per megawatt-hour. New Braunfels Utilities has signed one of the lowest power purchase agreement in the United States and the lost one in the state of Texas. A municipally owned utility in Texas, […]

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Mahindra Partners with SmartE to launch Mahindra Treo and Treo Yaari Electric Three Wheeler

The two leading companies in the electric mobility market have come together, to offer convenient, affordable and zero-emission last-mile connectivity. Driving electric mobility forward in India, Mahindra Electric Mobility has partnered with SmartE to  launch first 1,000 Mahindra Treo and Treo Yaari electric three wheeler in Delhi-NCR by March 2019. The company also plans to […]

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Year End Review 2018 – MNRE

India attains global 4th and 5th positions in wind and solar power installed capacities; India now at 5th global position for overall installed renewable energy capacity A total of 101.83 billion units of power were generated in the country during the year 2017-18 from renewable energy The Government has declared the trajectory of bidding 60 […]

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COP24: Katowice Partnership for E-Mobility Launched

It was already joined by 38 countries from 5 continents, as well as international organisations, representing over 1500 cities and regions, but also 1200 companies. Among the initiatives promoted by Poland during the United Nation Climate Summit – COP24 in Katowice, the Driving Change Together – Katowice Partnership for Electromobility has a fundamental place. The […]

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