Author: Subhash Yadav

Maharashtra invites bids for 325MW of wind energy supply

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has issued tender inviting bids for the supply of 325 MW of Wind Power on a Long Term basis. The exercise is being undertaken for intra-state wind power projects. According to the notification, the last date for bidding is kept at June 9, 2022. It says that the […]

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Badve Engineering, Israeli firm to make motors for electric vehicles

Badve Engineering Ltd – manufacturer of automotive components – has announced that the company is forging a strategic commercial alliance with Israeli startup EVR Motors to manufacture Trapezoidal Stator – RFPM electric motors within India for electric vehicles. The electric motor technology belongs to the Israeli firm and the manufacturing will be done collaboratively. Badve […]

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Mubadala, ENGIE To Ease EV charging in Abu Dhabi, Middle East

Mubadala Investment Company has signed a Memorandum of Understanding (MoU) with French energy major ENGIE for the development of a digital platform to enable charging electric vehicles in Abu Dhabi and the Middle East region. ENGIE is a global leader in energy business. The MoU entails that Mubadala and ENGIE will look to develop a […]

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EU Crunches Permit Process for RE projects To Under One year To Speed Growth

The Ukraine-Russia conflict is bringing Europe to expedite renewable energy expansion in the region that will just enable the European Union to end its dependence on Russian gas and oil. In a fresh development, the European Commission may propose a new framework that will fasten the permitting system for renewable energy projects in the member […]

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AIIB gives $200 million loan to Bangladesh to develop renewable energy

Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […]

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India and Italy Will Partner for Green Hydrogen, Biofuel, Energy Storage

According to an official joint statement announced by the two countries, India and Italy will develop partnerships in key renewable energy sectors like green hydrogen, biofuels and energy storage. The decision came after India’s External Affairs Minister S Jaishankar met the Italian counterpart Luigi Di Maio in New Delhi. The Italian foreign minister was on […]

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Jindal Acquires Earth Energy EV in a bid to enter EV market

Jindal Worldwide has announced that it has acquired Mumbai-based EV startup Earth Energy EV through one of its subsidiaries – Jindal Mobilitric. The acquisition also marks the entry of Jindal Worldwide into the electric vehicle sector of India. The financial details of the deal are yet to be disclosed. The official statement of Jindal Worldwide […]

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Actis Forms Blupine Energy to Develop renewable energy in India

Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […]

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Crypto mining employing solar energy legalized in Uzbekistan

A presidential decree published this week ben in Uzbekistan says that the companies in the country will be allowed to mine cryptocurrencies by employing solar power. The decree makes it clear that these solar powered crypto operations by both domestic and foreign companies will be exempt from the income tax. The objective behind this presidential […]

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