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Lacuna Raises $50 Mn for Investment in Solar and Storage Development Projects

Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million for investment in development-stage solar and storage projects. Lacuna Sustainable Investments has announced that it has successfully raised USD 50 million to invest in development-stage solar and storage projects. Lacuna Sustainable Investments is an investment management firm active in the development, financing and monetisation of […]

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Ørsted and TEPCO Establish JV for Offshore Wind in Choshi, Japan

TEPCO and Ørsted signed an MoU to establish a framework and organisational structure for the joint development of the Choshi Offshore Wind Project. In January 2019, Tokyo Electric Power Company Holdings (TEPCO) and Ørsted signed a memorandum of understanding to work jointly on offshore wind projects and have since then been working together to establish […]

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GUVNL Awards Solar Contracts Worth 350 MW to its Three Bidders

GUVNL has awarded contracts worth 350 MW to the three bidders that submitted bids in its latest tender for the purchase of power from 500 MW solar projects The Gujarat Urja Vikas Nigam Limited (GUVNL) has awarded contracts worth 350 MW to the three bidders that submitted bids in its latest tender for the purchase […]

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Govt Planning to Tender 20 GW of Solar Projects by June 2021: RK Singh

RK Singh has said that apart from solar projects (installed or under development) the government is planning to tender for 20 GW solar projects by June 2021 Union Minister for New and Renewable Energy RK Singh has said that as on February 29, 2020, a cumulative grid-connected solar power capacity of 35.07 GW had been […]

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Tata Motors Lucknow Plant to Meet 100% Energy Demand From RE by 2030

Tata Motors has announced that its Lucknow plant is on track to attaining 100 percent renewable energy sourcing for all its operations by 2030. Staying true to its core philosophy of adopting sustainable practices, Tata Motors has announced that its Lucknow plant has minimised the use of energy in its functions and processes with its […]

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EDF and ODEC Announce Increased Portfolio of Distributed Solar Projects

ODEC and EDF Renewables North America have announced an increase to a previously announced partnership to develop a portfolio of distributed solar projects Old Dominion Electric Cooperative (ODEC) and EDF Renewables North America have announced an increase to a previously announced partnership to develop a portfolio of distributed solar projects across ODEC member service territories in Virginia, Maryland, and Delaware. The […]

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Global Wind Turbine Market to Surpass $8.5 Bn by 2029: Report

The global wind turbine materials market is forecast to witness a significant growth of around 7% CAGR to surpass USD 8.5 billion by 2029 The global wind turbine materials market is estimated to be valued USD 5,012 Million by 2019 end and is forecast to witness a significant growth of around 7 percent CAGR during […]

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1922 MW Installed Rooftop Solar Capacity in India: RK Singh

Installed rooftop solar capacity in India now stands at 1922 MW, and over Rs 1,874 crore has been released as CFA, RK Singh has informed the Parliament. The total installed rooftop solar energy capacity in India now stands at 1922 megawatt (MW), and so far over Rs 1,874 crore has been released as central financial […]

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Fourth Partner Energy Forays into EV Charging Infra via JV with Lithium Urban

Fourth Partner Energy, which is backed by TPG’s The Rise Fund, on Tuesday (March 17)  marked its entry into the electric vehicle (EV) charging Infrastructure space through setting up joint venture (JV) with commercial EV fleet operator Lithium Urban Technologies. Through this 50:50 JV partnership i.e. ‘Shuchi Anant Virya’, the two companies will build EV […]

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