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MNRE Opens Entries for ‘Prakritik Urja Puraskar Yojna’

The last date for receipt of entries is December 15, 2019 and the entries will be accepted in a prescribed proforma only. With an aim to encourage writing books in Hindi based on new and renewable energy, the Ministry of New and Renewable Energy (MNRE) has opened entries for its financial reward scheme ‘Prakritik Urja […]

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Azelio Signs MoU for 120 MW Storage Facilities in California

Azelio has signed an MoU with Biodico for a project in California, for collaboration over a capacity of about 120 MW of energy storage technology until 2024 Azelio has announced that it has signed a Memorandum of Understanding (MoU) with the US company Biodico for a project in Atascadero, California. The MoU frameworks a collaboration over a […]

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€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation

EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […]

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Sterling and Wilson Loses The Perception Battle

As India has emerged to become the world’s third-largest solar market, it was but natural to expect firms based on the country to make a name in EPC work too. Sterling and Wilson did just that, and more. Riding on the boom in Indian solar and the strong group background in the construction sector, the […]

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US DOE Grants $43 mn for Carbon Capture and Storage Tech Development

US DOE has announced $43 million in funding to develop carbon capture and storage technologies that enable power generators to be responsive to grid conditions in a highly variable renewable energy penetration environment. The US Department of Energy’s (DOE) Advanced Research Projects Agency-Energy (ARPA-E) announced up to $43 million in funding to develop carbon capture […]

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Ideanomics’ MEG Secures 35,000 EV Taxis Order in China

Ideanomics’ MEG has secured an order for 35,000 EV Taxis from the Yunnan Energy Investment Group in China. Ideanomics, a global financial technology company has announced that it’s Mobile Energy Global (MEG) division has secured an order for 35,000 Electric Vehicle (EV) taxis from the Yunnan Energy Investment Group, which is a province-designated entity for […]

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India Prepares to Become a Major Player in EV Sector

A new analysis looks at the future of energy storage and EV in India, making the case for scooters and buses as India begins its transition A new analysis looks at the future of energy storage and electric vehicles (EV) in India, making the case for electric scooters and electric buses as India begins its transition to […]

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AIIB Sets Aside $75 mn Loan for Renewables Financing in India

AIIB has ramped up its investments in India with a USD 75 million loan to boost private capital investment in renewable energy, power transmission, etc. The Asian Infrastructure Investment Bank (AIIB) has ramped up its investments in India with total in-country financing now standing at USD 2.9 billion. Two of its most recent projects—approved by […]

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Renewable Certificate Sales Fall 2.25% in October, Down to 6.87 Lakh

Sales of renewable energy certificates dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago Sales of renewable energy certificates (REC) dipped 2.25 percent to 6.87 lakh units in October as compared to 7.03 lakh in the same month a year ago due to lower supply, […]

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