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Repsol Buys RE Investment Platform Asterion Energies to Add 7.7 GW to Portfolio

Spanish multinational energy and petrochemical company – Repsol – has announced the signing of the acquisition of Asterion Energies from European infrastructure fund Asterion Industrial for EUR 560 million plus up to EUR 20 million in contingent payments. Repsol said it looks to become a global player in renewable energy and strengthen its position in […]

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Enphase Makes Inroads in Bareilly With 754kW Installation

Enphase Energy, Inc., a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, has announced the commissioning of a 745 kw InRoof solar installation for B.L. Agro Industries Limited. The Ornate Solar manufactured InRoof solar system spreads over an area of 45000 square feet at the B.L. Agro facility […]

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Overseas Green Bonds Help Indian RE Developers Raise Over USD 15 Billion

Over the past five years, Indian renewable energy (RE) companies have relied on global bond markets to raise green bonds at attractive rates and open up domestic funding lines for new projects. Since 2014, Indian renewable energy developers have raised USD 15.5 billion in green bonds from international markets. The global rise in interest rates […]

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The Firms Reliance Bet On For Storage and Cell Manufacturing

One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […]

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Adani Group Assigns 30,00 TPA Polysilicon Manufacturing Project to EIL

In an interesting move, public sector consulting firm Engineers India Limited (EIL), which has hitherto had a strong presence in the oil, gas and fertiliser sectors, has announced a major deal from the Adani Group for consulting on a 30,000 MTPA Polysilicon facility at Mundra, Gujarat. Mundra is where Adani group is putting together it’s […]

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Tata Motors to Deliver 5000 Electric Sedan Cars XPRES-T EVs to Everest Fleet

Tata Motors has announced the signing of an MoU with Everest Fleet Private Limited, an operator of shared mobility space in India. Under the agreement, the auto czar will deliver 5000 XPRES-T electric vehicles keeping the vision of a clean and green environment alive. The company said that moving forward in its journey towards accelerating […]

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Home Battery Storage: Are Car Companies Going Beyond EV Charging Systems?

The advent of electric vehicles as a new mode of mobility also boosted the market for electric vehicle (EV) charging systems worldwide. The market is expected to grow at a CAGR of around 30 per cent between 2021-2028. While the rise of EVs resulting in the growth of the EV charging market is understandable, automakers […]

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