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US-based AES Corp Expands Footprint in Brazilian Renewable Sector

The AES Corporation has agreed to acquire an 18.5% interest in AES Tietê and will own 42.85 percent of the shares in the Brazilian renewable company US-based energy company The AES Corporation has announced that its wholly-owned subsidiary, AES Brasil has agreed to acquire an 18.5 percent economic interest in AES Tietê from BNDES Participações. Under […]

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NTPC Planning to Raise Rs 1000 Crore via Bonds

NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […]

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EDP, Galp, Vestas and More to Asses Green Hydrogen Feasibility in Portugal

EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, which aims to implement an industrial cluster for green hydrogen production based in the city of Sines in Portugal. EDP, Galp, Martifer, REN, Vestas and several European partners will assess the feasibility of the H2 Sines project, […]

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Zoomcar Partners up With ETO Motors to Boost Shared E-Mobility

Zoomcar has partnered with e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will […]

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Latest Offshore Wind Farms in the UK Could Reduce Household Energy Bills: Analysis

The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. This is the conclusion of an analysis by an international team led by Imperial College London researchers. The analysis published in the Journal Nature Energy highlights that the most recently approved offshore […]

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PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects

PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […]

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CERC Proposes Amendments to Procedure for Grant of ISTS Connectivity for Renewable Projects

Proposal Has been made Keeping in View the 7th Amendment The Central Electricity Regulatory Commission (CERC) has proposed amendments to the “Detailed Procedure for “Grant of Connectivity to projects based on renewable sources to interstate transmission system (ISTS)”. The draft amendments are open to suggestions and comments from stakeholders and other interested parties up to […]

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Single Window Clearance for Renewable Projects: Maharashtra Energy Minister

Maharashtra government will give single-window clearance to renewable energy projects as it moves towards cleaner sources of energy, state Energy Minister Nitin Raut has said. The Maharashtra government will give single-window clearance to renewable energy projects in a bid to move towards cleaner sources of energy, state Energy Minister Nitin Raut has said. During a virtual meeting of the Indo-French Chamber […]

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Apple Commits to 100% Carbon Neutral for Supply Chain and Products

Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral for its global corporate operations, […]

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