Havells led funding round secures $171 Million for India's Goldi Solar
Goldi Solar, India's largest manufacturer of solar modules, announced on Wednesday that it had raised $142,1,000,000 ($171,000,000) in growth capital, led by the electrical equipment giant Havells India.
Blueleaf Energy India Plans to Receive $75 Million from UK Development Finance Body
British International Investment, the UK's Development Finance Institution, announced on Wednesday that it would invest 75 million dollars to help Blueleaf Energy expand in India, a renewable…
Enphase Energy's forecast for the fourth quarter revenue is below expectations, signaling a tariff increase
Enphase Energy's fourth-quarter revenue was below Wall Street expectations on Tuesday. The company also said that U.S. president Donald Trump's tariffs negatively affected its margins.
Expand Energy, a Natgas producer, posts a quarterly profit as production surges
Expand Energy, the U.S. natural-gas producer, reported a profit on Tuesday for the third quarter, compared to a loss a year ago, due to increased production and higher commodity prices. The average U.S.
Britain announces a budget of $1.45 billion for offshore wind auction
Government documents revealed on Monday that Britain will offer a lower budget for offshore winds in its next round of auctions to encourage investment in renewable energy capacity. One…
KBW cites Geico tariffs and Buffett as reasons for a Berkshire 'underperformance'.
Keefe, Bruyette & Woods has downgraded Berkshire Hathaway to "underperform". The firm cited lower car insurance margins, lower interest rates, smaller tax credits for clean energy, and…
Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid
In line with the vision of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, world-first project reaffirms UAE’s leadership position in clean energy…
Honda Motors acquires a stake in India's OMC Power for the development of clean energy batteries
Honda Motor, a Japanese automaker, has acquired an equity stake in India's OMC Power. The company is backed by Mitsui & Co. and Chubu Electric Power. Honda did not disclose the exact size…
Trump reverses Biden's rules on copper smelters
The U.S. president Donald Trump reversed on Friday a Biden-era rule on air pollution that had set stricter limits for emissions from copper smelters. Under updated federal air standards…
Senator: US energy prices will spike due to Trump's decision to cut grants
The Trump administration’s plans to cancel nearly eight billion dollars in Energy Department grants is illegal, because contracts were already signed. It will also cause consumer energy costs to skyrocket.
India's EAAA Alternatives will invest up to 400 billion rupees over the next five years in clean energy
A top executive at Indian money manager EAAA Alternatives said that the company is looking to invest around 400 billion rupees over the next 4 to 5 years in India's clean-energy sector…
IREDA reports 42% increase in Q2 profits on clean energy loan growth
The Indian Renewable Energy Development Agency posted on Tuesday a 42% increase in its second-quarter profit, aided by a robust growth of green lending. Profits for the renewable energy…
EDP accelerates solar and battery projects in Australia following government awards
The Portuguese utility EDP said that it expects to speed up its solar and storage battery projects in Australia, after receiving government awards for revenue generation over the long term.
Chinese wind turbine manufacturer invests up to $2 Billion in Scottish factory
Ming Yang Smart Energy, a Chinese wind turbine manufacturer, will invest up 1.5 billion pounds ($2billion) in Scotland to build a manufacturing facility for wind turbines that could create as many as 1,500 jobs.
Document shows that the Norwegian state fund invested $20 million in India’s SAEL IPO-bound SAEL.
Norfund, the Norwegian state-owned fund, has invested $20 million in India's SAEL Industries Ltd. This brings its total investment up to $130 millions, ahead of SAEL Industries Ltd's planned initial stock offering.
Ares Management purchases stake in EDPR assets for $2.9 billion
Ares Management announced on Monday that a unit of its Infrastructure Opportunities division had acquired a 49 percent stake in a diversified U.S. Renewable Energy Platform from EDP Renovaveis…
Indian regulator listens to solar firms' complaints about losses caused by transmission delays
According to regulatory filings, India's federal regulator of power has accepted petitions from two renewable energy developers who sought compensation for losses due to delays in establishing transmission infrastructure.
Source: India could cancel 3-4 GW solar tenders to avoid import restrictions.
An industry source said on Friday that at least 3-4 gigawatts in Indian solar projects could be cancelled because the government has directed clean energy agencies reissue bids to bypass…
India warns renewable energy agencies against rushing solar tenders
According to a circular published on the ministry's website, India's Ministry of Renewable Energy has instructed clean energy agencies in India to cancel and reissue bids for government…
Indonesia begins construction of 92 Megawatt floating solar power plant
As part of Indonesia's drive to increase renewable energy, the state-owned utility company Perusahaan Listrik Negara announced on Friday that it had begun construction of a 92 megawatt floating solar power station in West Java.