Tata Power JV synchronises 186 MW Georgia Hydro Project
Tata Power, through Adjaristsqali Georgia LLC (AGL), its joint venture with Norway's Clean Energy Invest AS Norway (Clean Energy) and IFC InfraVentures (IFC), a member of the World Bank group, announced the synchronisation of its 186 MW Shuakhevi Hydro Power Project (HPP) in record time.
Battery storage, smart grid, and efficiency companies raise $1 bn
Mercom Capital Group, llc, a global clean energy communications and consulting firm, released its report on funding and M&A activity for the battery storage, smart grid, and energy efficiency sectors for the second quarter and first half of 2017. In the first half of 2017 (1HFY17), $1.03 billion was raised by battery storage, smart grid, and efficiency companies compared to $807 million in 1HFY16.
Indian Pumps Industry Has Grown Steadily
With the implementation of the norms introduced by BEE, significant amount of standardisation has been brought in place. This has eliminated sub-standard products having lower efficiencies. It is indeed a good step for Indian companies eyeing expansion in the global market.
Mytrah Energy plans up to $300 million fundraising
Renewable energy producer Mytrah Energy (India) Ltd is considering raising $100-200 million by selling shares through an initial public offering (IPO), Vikram Kailas, Managing Director said.
Greasing the Wheels
Inadequate O&M can lead to minor faults or defects not being recognised. This not only impacts yield but can also result in major component failure, potentially leading to costly repairs and lengthy downtime.
Atlas Energy Group, LLC and Atlas Resource Partners, L.P. announced the appointment of Matthew Skelly as Vice President of Investor Relations of both ATLS and ARP.