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ET Energy

Renewable Energy Marketplace LevelTen Raises $35 Million Series C Funding

LevelTen Energy, a leading provider of renewable transaction infrastructure, has completed a $35 million Series C funding round led by NGP ETP, with participation from My Climate Journey (MCJ) Collective, as well as nearly all of LevelTen’s existing investors, including Avista Development, Constellation Technology Ventures, Equinor Ventures, Founders’ Co-op, Prelude Ventures, Techstars, TotalEnergies Ventures and […]

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MNRE Starts Loan Scheme for Waste to Energy Biomethanation Projects

At a recent webinar organised on ‘World Biofuels Day’, the Ministry of New and Renewable Energy (MNRE), in association with the United Nations Industrial Development Organization (UNIDO) and the Global Environment Facility (GEF), launched a loan interest subvention scheme to provide financial assistance to innovative waste to energy biomethanation projects and business models. A GIS […]

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Trading into Bright Energy Future: The Case for Open, High-Quality Solar PV Markets

Solar photovoltaics (PV) has become a mainstay of low-carbon sustainable energy strategies, with the cost of electricity generated by PV plants declining by 77% between 2010 and 2018. Trade and the globalization of the solar PV market have been major factors driving the decrease in technology prices as manufacturers are able to source goods and […]

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AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050

The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […]

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Godi Energy Raises Funds to Set Up Li-ion Cell Manufacturing Facility

Godi Energy, a Hyderabad-based energy technology company, has announced that it has raised funds from Blue Ashva Capital, through its Blue Ashva Sampada fund, to set up supercapacitor and lithium-ion cell manufacturing facilities in India. Founded by Mahesh Godi, CEO of Godi India Pvt Ltd, the company focuses on R&D and manufacturing of sustainable energy […]

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Hamsa Asset Management Launching India’s first Renewable Energy Fund

Chennai-based Hamsa Asset Management Pvt Ltd provides its investors a hassle-free approach to invest in renewable energy projects. Hamsa is launching India’s first renewable energy Alternative Investment Fund (AIF).  It is making renewable energy accessible by providing a unique opportunity to invest in India’s first Renewable Energy AIF with a target 15% Equity IRR (internal […]

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US Energy Secretary Talks Up 90% Reduction In Storage Costs by 2030

US Energy secretary Jennifer Granholm has indicated a target to reduce grid scale energy storage costs by 90 percent by 2030, to create conditions for the amount of storage that will be required by then to ensure stable grids and make the best use of renewable energy production by then. She was speaking as part […]

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