The Japanese multinational conglomerate SoftBank Group Corp. has reportedly proposed to offer free electricity to the member countries of the International Solar Alliance (ISA), after 25 years of signing power purchase agreements (PAP). As per trusted sources, the announcement was made by the Chief Executive …
Indraprastha Gas Limited, one of India’s most prominent natural gas distribution companies, has been looking forward to establishing CNG dispensing stations in residential housing complexes. As per sources familiar with the matter, the move has been initiated by the gas retailer in a bid to …
Leading utility, energy, and urban development company, Sembcorp Industries, has reportedly made it to the headlines for being the only party that has submitted a final bid for the heavily plagued Hyflux’s Tuaspring project. Sources claim that this project incidentally includes South-east Asia’s largest desalination …
Scatec Solar and Norfund’s new 35 MW solar plant in Los Prados, Honduras has reached commercial operation and is connected to the grid. Sources claim that it is the second solar power plant in Honduras established in partnership by Scatec and Norfund. Scatec Solar CEO, …
Skyline Renewables, a U.S. based independent renewable energy company, has recently unveiled that it has acquired the 166 megawatts Hackberry wind park in Texas from RES America (Renewable Energy Systems). The financial terms of the transaction were not disclosed. According to the sources familiar with …
Global industry magnates across Japan, the Middle East, and the United States have reportedly depicted interest in acquiring a stake in Oil and Natural Gas Corporation. The state-owned ONGC, as per sources, will witness companies across the aforementioned geographies vying with one another for picking …
Husky Energy Inc., one of Canada’s biggest energy companies, has reportedly made a hostile $6.4 billion bid to buy oil sands producer MEG Energy, a move that is believed could result into a stronger Canadian energy company. If the deal goes through, the new merged …
PSE&G, the largest regulated utility in New Jersey, has reportedly approved a plan worth USD 4 billion in order to enable the state to achieve its clean energy goals and make it a regional leader in the renewables sector of the United States. Sources claim …