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Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing

Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […]

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Stargate Hydrogen Launches Next-Gen Gateway Electrolyser Product Family

Estonia-based Stargate Hydrogen, a developer of electrolysis technology, has launched its Gateway product family, comprising of containerized green hydrogen production systems of up to 10 MW in size. Addressing the Problem Statement Stargate Hydrogen is addressing the problem of high levelized cost in hydrogen production via electrolysis. While alkaline technology is the most reliable and […]

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DOE Awards $100 Million to Group14 Technologies for Battery Production

Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […]

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GUVNL Invites Bids for 300 MW Wind Power Project Phase IV

Gujarat Urja Vikas Nigam Ltd. (GUVNL) has floated a tender the phase IV of 300 MW grid-connected for the purchase of power through a competitive bidding process. This project will be a grid-connected wind power project to be set up anywhere in India with an additional 300 MW capacity under the ‘Greenshoe Option’ for compliance […]

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Germany’s Nordex Group to Supply 82-MW Turbines to Landwind Group

Leading European wind turbines manufacturer Nordex Group has announced that it has received an order for 81.6 MW from the Landwind Group. The Nordex Group will supply 12 N163/6.X turbines that will be distributed among four wind farm sections in eastern Lower Saxony, Germany. Nordex Group held that the order also includes premium service for […]

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Rising EV: The State Of EV Sector In India

India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […]

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Asia Brewery Awards 13.8 MWp Rooftop Project to TotalEnergies ENEOS

Asia Brewery Inc. (ABI), a diversified beverage company based in the Philippines, has given TotalEnergies ENEOS a contract for a 13.8 MWp solar photovoltaic (PV) system power plant on one of its manufacturing plants in the country. About 24% of the facility will be powered by renewable energy thanks to this technique. One of the […]

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Draft National Wind Repowering Policy 2022 Finally Out

The Ministry of New and Renewable Energy (MNRE) has finally come out with its draft policy for Wind Repowering. The move is significant, and potentially a game changer for the sector considering the possible impact it can have on existing wind energy capacities. Wind energy capacity in India, as of August 2022, was at 41.4 […]

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Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies

Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […]

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