Similar Posts
MAHAPREIT, SEforALL sign MoU for energy efficiency
MAHAPREIT and Sustainable Energy for All (SEforALL) have signed a memorandum of understanding to enhance energy efficiency across Maharashtra. The partnership aligns with the state’s Vision 2030 goals, which include doubling energy efficiency by the end of the decade. The Alliance for an Energy Efficient Economy (AEEE) will serve as the technical partner. The collaboration…
Afreximbank funds hydropower project in DRC
Afreximbank has signed a financing agreement for a 200 MW hydropower project along the Lufira River in the Democratic Republic of Congo (DRC), in partnership with Kipay Investments. This marks the bank’s first private-sector renewable energy project in the DRC. The project includes the development of a reservoir-based hydropower plant aimed at providing clean, affordable…
Taiwan cuts Taipower subsidy, raising electricity cost concerns
Taiwan has slashed its 2025 budget for Taiwan Power (Taipower) by T$100 billion ($3.1 billion), sparking fears of electricity price hikes that could affect industries, including global semiconductor manufacturers, Bloomberg reported. The Democratic Progressive Party (DPP), led by President Lai Ching-te, lost its parliamentary majority in 2024, allowing the opposition Kuomintang (KMT) and Taiwan People’s…
Capital Power sells stake in two Canadian wind facilities to Axium
Capital Power has announced the sale of a 49% interest in two Canadian wind facilities to Axium Infrastructure for approximately $340 million. The facilities include the 142 MW Quality Wind project in British Columbia and the 104 MW Port Dover and Nanticoke wind project in Ontario, with a combined capacity of 246 MW. The assets…
Centre, Himachal discuss 4,300 MW pump storage projects
Union Minister of Power and Housing & Urban Affairs, Manohar Lal, held a meeting in Shimla to review Himachal Pradesh’s urban development initiatives and power sector advancements. Chief Minister Sukhvinder Singh Sukhu, Public Works & Urban Development Minister Vikramaditya Singh, and senior state and central government officials attended the meeting, focusing on the state’s Revamped…
Gensol Engineering establishes three wholly-owned subsidiaries
Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
