L&T IDF has a loan book of Rs 8,000 crore and the investment will help grow the book, an official statement said. Mumbai: British private equity fund Apis Partners on April 25 said it is picking up a 25.1 percent stake for $110 million in Larsen & Toubro Infra Debt Fund (IDF), the infra refinancing arm […]
Nippon Koei targets 100MW of UK battery projects with energy storage JV
Nippon Koei, one of Japan’s largest engineering firms, has formed a joint venture with a British battery storage firm to construct two 50MW behind-the-meter energy storage projects in the UK. Nippon Koei revealed earlier this week that its Netherlands-based Nippon Koei Energy Europe (NKEE) subsidiary had partnered with RNA Energy to establish two special purpose […]
Agreement signed to generate clean energy through rooftop PV system in West Bank
The EIB’s investment, which falls under the Economic Resilience Initiative (ERI) will generate 35 MW of clean energy enough to power more than 16000 houses across the West Bank. The European Investment Bank (EIB) and the Palestine Investment Fund (PIF) have signed a loan agreement worth USD 18 million to finance the installation of rooftop […]
Overcoming uncertainty: UK energy storage market trends
The fourth annual UK Energy Storage Summit gathered industry professionals in the heart of London last week. The two-day event saw a wide range of topics discussed, debated, and disagreed upon, from regulatory issues to the Capacity Market to the rising demand for flexibility. In a Q&A with Energy-Storage.news, Solar Media Market Research analyst Lauren Cook […]
Centrica: Residential solar-plus-batteries could mean 4.5GW more flexible capacity for the UK
Centrica has made investments in two cutting edge energy tech firms as it targets a more concentrated domestic energy flexibility business. And the firm is backing its investments to help it capitalise on the potential for more than 4.5GW of flexible power capacity in the UK alone and a home energy management industry which it […]
Adani Group announces ₹55,000 crore investment in Gujarat
The Gautam Adani-led conglomerate wants to invest across businesses such as data centers, renewable energy, copper, cement and chemicals to create economic assets in the state. The $11-billion Adani Group, which has interests ranging from ports and energy to real estate, announced an investment of ₹55,000 crore over the next five years in Gujarat. Adani […]
Sri Lanka, Finland focus on bilateral trade, investment
Colombo: Sri Lanka and Finland held their first Bilateral Consultations at the Ministry of Foreign Affairs, here. The Sri Lankan delegation was led by Sumith Nakandala, Additional Secretary (Bilateral Affairs) of the Ministry of Foreign Affairs of Sri Lanka, while the Finlish team was led by Ambassador Kimmo Lähdevirta, Director General for the Americas and […]
