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For India’s Power Sector, A Simple Test To Evaluate The $266 billion Stimulus

Yesterday, Prime Minister Narendra Modi delivered yet another surprise, this time pleasant, in his 8 p.m address to the nation. The workaholic PM, whose evening addresses to the nation have achieved somewhat of a legendary status ever since the first big one delivered demonetisation in 2016, delivered one of his most enigmatic speeches, staying away […]

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Span Raises $10.2 Mn in Series A Round from Investors

With an aim to boost its expansion plan, California-based Span.IO, Inc. has announced the raising of USD 10.2 million in Series A round of funding from investors. Further, this Series A round was led by ArcTern Ventures and joined by Capricorn Investment Group, Incite Ventures, along with existing investors including Congruent Ventures, Energy Foundry, Hardware […]

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Largest Solar Project in US History Gets Government Approval

US Department of the Interior and the Bureau of Land Management have granted approval to construct and operate the largest solar project in US history. The United States (US) Department of the Interior and the Bureau of Land Management (BLM) have announced that they have granted approval for the proposal to construct and operate the largest […]

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CIT Leads $217 Mn Financing for 200 MW Solar Project in Ohio

The CIT group’s Power and Energy unit served as lead arranger on a USD 217 million financing for the 200 MW Hillcrest solar PV project in Brown County, Ohio The CIT group has announced that its Power and Energy unit served as lead arranger on a USD 217 million financing for the 200-megawatt (MW) Hillcrest solar photovoltaic project in Brown County, Ohio. The financing was […]

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SECI to Organize Stakeholders Consultation Meet for 100MW Solar + BESS Project in Chhattisgarh

Nodal agency the Solar Energy Corporation of India (SECI) will be organizing an online stakeholder’s consultation meeting in the state of Chhattisgarh for solar plus battery energy storage system (BESS). The meeting will be with respect to SECI’s upcoming project for the designing, engineering, supplying, construction, erection, testing and commissioning of 100 MW (AC) solar […]

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Okaya Joins CharIN EV to Enhance Charging Experience, Promote E-Mobility

With an aim to enhance charging experience and promote electric mobility in the country, Okaya Power Pvt Ltd, an arm of Rs 7 billion Okaya Power Group, has now become a member of the Charging Interface Initiative (CharIN E.V.), an open coalition of world-class firms within the electric vehicle (EV) industry. Berlin-based CharIN E.V. is […]

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Electric Scooter Firm Okinawa Resumes Operations With 1/4th Workforce

Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi, and corporate office in Gurugram with 25% workforce. Electric two-wheeler maker Okinawa has revealed that it has resumed operations at its plant in Bhiwadi (Rajasthan), and corporate office in Gurugram (Haryana), with 25 percent workforce. The company said it […]

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Carbon Neutrality in Mobility: Is it possible?

India is the third-largest emitter of greenhouse gases (GHGs) in the world after China and the US. To move towards carbon neutrality, being energy efficient is crucial. Economic growth is propelled by rapid urbanization and industrialization and manufacturing accounts for around onethird of global carbon dioxide emissions. Carbon emissions have increased threefold since the ‘70s. […]

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GoodWe Tops Among Global Hybrid Inverter Suppliers in 2019: Report

With more than 15 percent global market share, a leading solar photovoltaic (PV) inverter manufacturer, GoodWe ranked No.1 among hybrid inverter suppliers globally, as per the global energy research & consultancy firm. According to the report published by Wood Mackenzie, or WoodMac, titled ‘Global PV Inverter Market Shares Full-Year 2019’, GoodWe has been ranked no. […]

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