POWER

Qatar Investment Authority will buy a 25.1% stake in Adani Electricity Mumbai Ltd - the firm that distributes power to three million consumers in Mumbai - for ₹3,200 crore. Adani Electricity Mumbai Ltd is a part of Adani Transmission Ltd,…
Read More...

Pune-based Electronica Finance Ltd (EFL) raised over Rs. 100 cr ($15 million) through issuance of Compulsorily Convertible Preference Shares (CCPS) to finance business growth in the existing product segments and to fund expansion into the…
Read More...

ABB’s pioneering sub sea power distribution and conversion technology system is commercially viable, bringing groundbreaking potential for cleaner, safer and more sustainable offshore oil and gas production, following the completion of a…
Read More...

Flex Power Modules unveiled the PKM7500W and PKM7100W, two new series of  quarter-brick modules for powering railway rolling stock equipment. The 50W PKM7500W offers an extremely wide input voltage range of 12V to 160V, while the 100W…
Read More...

The mining magnate and philanthropist Andrew “Twiggy” Forrest has joined fellow billionaire Mike Cannon-Brookes in raising tens of millions of dollars to build a giant solar farm in the Northern Territory to supply electricity to Singapore.…
Read More...

French state-owned utility EDF has acquired UK-based start-up Pivot Power for an undisclosed sum through its subsidiary EDF Renewables. Pivot Power is a battery technology company that has 40 projects throughout the UK including installing…
Read More...

The electricity demand curve, a key indicator of industrial and domestic load trends, is on a downward spiral, with a mounting list of 133 thermal power units across the country reported as shut down due to lack of demand. As on November…
Read More...

Siemens Gamesa Renewable Energy (SGRE) has signed a preferred supplier agreement with Hai Long Offshore Wind for the delivery and servicing of wind turbines for 300MW Hai Long 2 windfarm in Taiwan. Confirmation of the agreement is subject…
Read More...

EDF Renewables has signed three power purchase agreements (PPA) with Tesco to supply renewable energy to the company. The three PPAs cover two onshore windfarms and one solar installation and will last for 15 years. The two onshore…
Read More...