Author: IndianPowerSector.com

Origami Energy raises £18.6m series ‘B’ funding

Origami Energy attracts major new investment from Aggreko and raises additional funds from existing shareholders London, 05 April 2018 – Origami Energy, technology platform provider to the energy market, today announces that its latest funding round,...

FirstEnergy Solutions begins bankruptcy

Attorneys for FirstEnergy Solutions and six affiliated debtors are to appear in U.S. Bankruptcy Court Tuesday to begin Chapter 11 proceedings before Judge Alan M. Koschik, a move that parent company FirstEnergy Corp. sees as...

Power companies see better margins on soaring summer demand

Power companies expect better margins this summer owing to higher electricity demand on the back of rising temperatures earlier than previous years. The short-term electricity tariffs discovered by state distribution companies seeking supply of...