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Mahindra lowest bidder again in India’s Andaman solar-storage retender

Mahindra lowest bidder again in India’s Andaman solar-storage retender

16 Apr 2018, 07:56

UPDATE: Major Indian solar EPC firm Mahindra Susten has put in the lowest bid for a solar and energy storage auction in the Andaman and Nicobar Islands for the second time, having seen its victory in the original auction torn away by authorities as they reportedly explored other sources of power generation.

UK developer Eelpower nets US$28.5 million for storage pipeline

UK developer Eelpower nets US$28.5 million for storage pipeline

12 Apr 2018, 16:38

Eelpower, a UK-based developer which has executed renewables and cleantech projects including hydroelectric-plus-storage, has secured a £20 million (US$28.5 million) investment from investment trust Gravis Capital Management to build out its pipeline of permitted energy storage sites and pursue new development opportunities.