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EY Index Says Volatile Conditions Accelerate Global Renewables Market

EY has released its latest index ‘Renewable Energy Country Attractiveness Index (RECAI 60)’ that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the world’s top 40 markets on the attractiveness of […]

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Switzerland’s Pexapark, Sweden’s AFRY Develop Valuation Framework for RE Investments

 AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the market’s first ‘Daily Valuation Curve’. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a […]

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Vedanta backed Serentica Renewables, Greenko Group In1500 MWhr Industrial Storage Deal

Vedanta resources backed Serentica Renewables, a decarbonization platform that seeks to accelerate the energy transition for energy-intensive industries, has entered into an agreement with Greenko Group, to source 1500MWhr energy storage capacity through Greenko’s pumped storage projects located in India. As part of this partnership, Serentica will capitalise on Greenko’s energy storage capacity from its […]

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Three Firms That Have Surprised Us With Their Plunge Into EV Charging

The EV charging business–fueling a car with electric power rather than petroleum-based gas or diesel – has always been a loss for oil companies who are being dragged into the electric future. It may not be that way anymore. With an increase of EVs on roads, many old industrial mammoths, especially major oil firms, are […]

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BPCL’s Major EV Charger Supply Project Goes to Servotech

Servotech Power Systems Ltd., an NSE-listed leading manufacturer of EV Charging solutions, has been awarded a major project by Bharat Petroleum Corporation (BPCL) for the supply and installation of 800 units of DC fast EV chargers at different locations across India in the next four months. The project will span across the country, equipping petrol […]

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PE Investments in Electrical Vehicles Could Reach $1 Billion in 2022

As consumers see new policy measures and the rising price of fossil fuels pushing the adoption of green mobility, experts predict that private equity investments (PE Investments) in India’s electrical vehicle (EV) market could top $1 billion this year. During the nine months leading up to the end of September, investors invested $904 million through […]

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WBSEDCL 205 EV Charging / Battery Swapping Station Tender Complete Details

West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for installing 205 EV charging stations and battery swapping stations to increase e-mobility in the region.  The last date for submitting the online bid is November 18, 2022, till 12:00 pm. Bids will be opened on the same day at 12:30 pm. The tender […]

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New South Wales Govt’s First Auction Underway for 12 GW RE Zones

The State Government of New South Wales, Australia, has officially kicked off the country’s biggest renewable energy and storage policy, the NSW Electricity Infrastructure Roadmap that paves way for a cheaper, cleaner and more reliable energy future for the state. The state government held that the auctions will take place every six months. Minister for […]

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Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans

Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […]

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