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CFM Partners With Ampyr for 138 MW Wind Energy Project in India

CFM has partnered up with Ampyr Energy for the development, construction and ownership of 138 MW wind projects located in the state of Karnataka, India. Climate Fund Managers (CFM), the manager of the Climate Investor One (CI1) financing facility, has announced that it has partnered up with renewable energy developer Ampyr Energy for the development, […]

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Duke Energy Brings Online its Largest Solar Project in Texas

Duke Energy has announced that its 200 MW Holstein Solar project in Texas has begun commercial operation. It is the largest solar project in its fleet. Duke Energy Renewables, a subsidiary of Duke Energy, has announced that its 200-megawatt (MW) Holstein Solar project in Nolan County, Texas, has begun commercial operation. It is the largest solar project […]

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CleanMax Receives Financing From GCPF for Southeast Asia Expansion

GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […]

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bp Commits USD 70 Million in India’s Green Growth Equity Fund

bp will invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund is focused on identifying & investing in green energy solutions. Multinational oil and gas company – bp, has announced that it intends to invest USD 70 million into the Green Growth Equity Fund (GGEF) in India. The fund, […]

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The Perils Of A High Customs Duty Regime

Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […]

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a […]

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Sterlite Power Concludes Refinancing of GPTL Project With HDFC Bank

Sterlite Power has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project with HDFC Bank. Leading global power transmission player – Sterlite Power has announced that it has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project, within 3 months of the project […]

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New Battery Electrolyte That can Boost Performance of EVs

A team of scientists has invented a new lithium-based electrolyte, that they show can pave the way for the next generation of battery-powered EVs A team of scientists at Stanford University has invented a new lithium-based electrolyte, that they show can pave the way for the next generation of battery-powered electric vehicles (EVs). In a study published […]

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Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL

Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to […]

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