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investment

MYSUN+ to Provide Solar Solutions to C&I Clients on RESCO Mode

MYSUN’s new venture ‘MYSUN+’ will provide solar solutions to large C&I customers on a built, own, operate and transfer (BOOT) or RESCO model. With an aim to consolidate and service its large and rapidly growing customer base, MYSUN’s new venture ‘MYSUN+’ will provide solar energy solutions to large corporate, industrial and commercial establishments on a […]

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Delhi EV Campaign Receives Immense Response, EVs Completes 2 Cr Km Run

Freshly launched ‘Switch Delhi’ Campaign, by Delhi CM Arvind Kejriwal has been receiving an immensely encouraging response by the state. The campaign started to promote electric vehicles (EVs) has been received “exceedingly well” and many two-wheeler companies have decided to “aggressively” launch new EV models in Delhi, an official statement said on Saturday. Delhi Transport […]

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Masdar Achieves First Close on 1.6 GW RE Portfolio in US With EDF-R

Masdar has achieved the first closing on the acquisition of 50 percent of a 1.6 GW clean energy portfolio of projects in the US from EDF R Masdar, one of the world’s leading renewable energy companies, has announced recently that it has achieved the first closing on the acquisition of 50 percent of a 1.6-gigawatt […]

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Inox Wind Reports Increased Losses Despite Higher Revenue in December Quarter

Inox Wind has reported higher revenue in the December quarter, but the firms’ net loss has also widened to Rs 51.97 crore Inox Wind has issued its financial results for the quarter ended December 31, 2020, reporting a higher revenue from the previous quarter and from the same quarter in 2019, however, the firms’ net […]

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Amara Raja Batteries Reports Q3 Numbers; Announces 50 MW Solar Plant

Amara Raja Batteries has issued its Q3 numbers, also announcing that it will be setting up a 50 MW solar power plant in Andhra Pradesh. Driven by the revival in demand across all key sectors of the business, Amara Raja Batteries Limited (ARBL), one of India’s leading Industrial and Automotive Battery majors has issued its […]

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Gulf Oil Lubricants to Explore EV Charging Options, with Gulf Oil International

Mumbai based Hinduja Group, lubricant manufacturing, and marketing company, Gulf Oil Lubricants India has announced its partnership with Gulf Oil International to explore and invest in electric vehicle charging opportunities. Gulf Oil Lubricants India Ltd (GOLIL) has signed an agreement with Gulf Oil International (GOI) to participate and co-invest in Gulf Oil International’s recent investment […]

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Government To support 62,000 EVs, 15 Lakh E2Ws & E3Ws Through Subsidies

The government aims to support through subsidies about 62,000 electric passenger cars (EVs) and buses, besides 15 lakh electric 2Ws and 3Ws. To Fasten the electric vehicle (EV) adoption in the country, the government aims to support through subsidies about 62,000 electric passenger cars and buses, besides 15 lakh electric three- and two-wheelers, Parliament was […]

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Biden Administration Clears $100 Mn for DOE to Invest in Clean Energy Solutions

Biden Administration’s climate innovation agenda will see US DOE invest USD 100 million in funding for transformative clean energy technology In support of the Biden Administration’s climate innovation agenda, the US Department of Energy (DOE) has announced up to USD 100 million in funding for transformative clean energy technology research and development via its Advanced […]

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NTE Energy to Develop 5 GW of Clean Energy Projects

Nationwide portfolio to include solar, BESS assets NTE Energy plans to develop more than 5 GW of clean energy projects in the next five years, the company announced today. NTE is currently working with investment partners to advance development of a clean energy project pipeline that includes 1.2 GW of solar and 3.9 GW of […]

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