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RGreen Infuses EUR 250 million in Israel’s Econergy Renewable

RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […]

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Recessionary Pricing Has Hit Big Global Wind Projects: Rethink Energy Report

Rethink Energy has come up with a new report which says that it turns out that recessionary pricing has indeed taken its toll on large global wind projects. Rethink Energy said that the wind industry has hit several speedbumps in the last few months, illustrated by the poor results for third quarter of 2022 published […]

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EY Index Says Volatile Conditions Accelerate Global Renewables Market

EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […]

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KKR’s Subsidiary IndiGrid Records Strong Growth with Q2 FY23 Revenue up 6% YoY

IndiGrid [BSE: 540565 | NSE: INDIGRID], which claims to be the first Infrastructure Investment Trust (“InvIT”) in the Indian power sector has announced its results for the quarter ended September 30, 2022. The consolidated revenue for the quarter was up 6% YoY in Q2 FY23 to ₹ 5,807 million while the consolidated EBITDA also increased […]

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PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022

As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […]

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Danish Firm Vestas Gets Twin Orders for Turbine Supply of 148 MW

Denmark-based Vestas Wind Systems A/S has announced that it has received turbine supply orders for 148 MW of wind projects in Finland and Lithuania. The Lithuania order will also include engineering, procurement and construction (EPC) services. Both the orders to Vestas are for 74-MW each. Vestas did not specify the names of its clients in […]

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Quantron AG Launches Longest-Range Hydrogen, Electric Trucks

Germany-based Quantron AG, a system provider of clean battery and hydrogen-powered e-mobility for commercial vehicles, said that it will be presenting a number of zero-emission commercial vehicles in this year’s IAA Transportation vehicle show in Hanover. The said vehicles, which are based on the two self-developed hydrogen and battery-electric platforms respectively, are currently among the […]

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Bookings for Mercedes E-Car to Begin on September 30

On September 30, 2022, the brand-new EQS-580 will be introduced by Mercedes-Benz India, a division of the Germany-based luxury car manufacturer. The company claims that it will be India’s first locally assembled electric car. As per the official release, the token amount of Rs 25 lakh is required to reserve an EQS-580 (luxury electric car). […]

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CEA Report: PV Price Forecasting Report (Q2 – 2022)

CEA (The Clean Energy Association) has published a research report entitled “PV Price Forecasting Report (Q2 – 2022)”. Recent months have seen significant changes in the solar sector as a result of supply constraints, increased costs, and logistical difficulties as well as rising energy demand and geopolitical tensions. The PV Price Forecasting Report is a […]

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