World
French Utility Engie May Buy Out Equis Energy India Assets
Indian media outlets have reported a new development on the market buzz that Equis Energy, a renewable energy IPP in India, is looking to sell its assets. Business daily Mint has reported that French utility Engie may be looking to…
Indian Wind Tender 3X Oversubscribed, New Record Low Tariff Expected
The Solar Energy Corporation of India (SECI), responsible for conducting wind energy auctions in India, has seen a tremendous response to the latest 1 gigawatt tender. According to media reports, project developers have placed bids to set up a total…
Indian Rooftop Solar Developer CleanMax Will Receive $100 Million Investment From Warburg Pincus
In a major, and much-needed, boost for the Indian rooftop solar power market, a US-based private equity firm will invest $100 million in one of the leading rooftop solar developers in India. CleanMax Solar recently announced that it will receive…
The Rising Price Of Chinese Modules Could Jeopardize New Indian Solar Plants
As top executives of some of the leading Indian and international project developers slugged it out for more than 24 hours at a stretch in May of this year to outbid one another in some the fiercest of competitive solar…
Tamil Nadu, India, Generates Record Wind Power, Is Forced To Shut Down Thermal Plants
The monsoon season in India brings with it very high wind speeds, especially in the southern part of country. This year it has enabled record wind power generation in at least one of the states. Tamil Nadu reported the highest-ever…
OVO Energy Powers Up Smart Electric Vehicle Charging Drive
Energy supplier OVO Energy has today launched a suite of new services designed to support the growing market for electric vehicle (EVs) and related smart grid technologies. The company announced that it has entered into a partnership with an EV…
British Gas Raises Electricity Prices by 12.5%
British Gas has raised electricity prices by 12.5% in a move consumer experts warned could kick off a new round of price rises from rival suppliers this winter. The company, owned by Centrica, left its gas prices unchanged, which means…