Credit to Author: Michael Barnard| Date: Thu, 11 May 2023 18:55:56 +0000
The pockets of the future are small towns in Europe and Australia, while an oil and gas giant in India is pushing vastly more soon-to-be stranded assets into the ground.
Credit to Author: Saurabh| Date: Fri, 28 Apr 2023 13:05:31 +0000
Homegrown Blusmart Mobility has secured debt to acquire a massive fleet of electric vehicles. According to media reports, government-owned financial entity Power Finance Corporation (PFC) has sanctioned a loan worth $75 million to Blusmart Mobility. The company competes with Uber and Ola Cabs in cab aggregation services. However, Blusmart operates only electric cars. Funds secured […]
Credit to Author: Saurabh| Date: Thu, 27 Apr 2023 21:05:03 +0000
A subsidiary of India’s largest power generation company has announced the launch of a massive energy storage tender. NTPC Renewable Energy Limited, a wholly owned subsidiary of government-owned NTPC Limited, recently initiated the process to launch a tender for 9 gigawatt-hours of energy storage capacity. NTPC Renewable Energy Limited houses all renewable energy assets developed […]
Credit to Author: Tina Casey| Date: Mon, 24 Apr 2023 15:55:35 +0000
New National Geographic series “Secrets of the Elephants” is a stunning piece of visual story telling that has a hidden backstory in the struggle for clean cookstoves.
Credit to Author: Saurabh| Date: Mon, 17 Apr 2023 14:34:04 +0000
Kosol Energie, part of Munich Re insurance group, has announced aggressive plans to expand its solar module production facility in India. According to media reports, Kosol Energie has placed an order for an 850 megawatt module production line with SC Solar. With this new line, the company’s annual production capacity will increase to 1.1 gigawatts. […]
Credit to Author: Saurabh| Date: Fri, 14 Apr 2023 16:35:32 +0000
A large vertically integrated energy utility in India has auctioned a huge solar power project. According to media reports, Damodar Valley Corporation (DVC), a government-owned entity, has awarded rights to develop a 421 megawatt (peak) solar power project to a private company — Avaada Energy. Avaada secured the project following a competitive auction organized by […]
Credit to Author: Saurabh| Date: Thu, 13 Apr 2023 18:35:13 +0000
German development bank KfW has approved a loan for developing a transmission project to support renewable energy projects in India. According to media reports, the government of Kerala has received nod from KfW for a loan worth Rs 916 crore ($110 million). The funding will enable construction of a transmission project worth Rs 14.5 billion. The […]
Credit to Author: Saurabh| Date: Thu, 13 Apr 2023 14:08:25 +0000
India’s largest mass rapid transit system has announced plans to significantly increase power procurement from solar power projects. Delhi Metro has announced that it will increase share of solar power in its total power procurement to 50% by 2031. At present, Delhi Metro Rail Corporation (DMRC) sources 34% of its power from solar power projects. […]
Credit to Author: Saurabh| Date: Wed, 12 Apr 2023 20:28:56 +0000
India-based Vibrant Energy has secured debt funding for a large scale solar-wind hybrid project. According to media reports, Vibrant Energy has secured Rs 22 billion ($270 million) debt funding for a 300 megawatt solar-wind hybrid project. Funding will be provided by Power Finance Corporation, a government-owned non-banking financial institution. The project will be located in […]
Credit to Author: Saurabh| Date: Wed, 12 Apr 2023 16:05:40 +0000
India has once again announced ambitious plans to speed up auctions for renewable energy projects. India’s Ministry of New and Renewable Energy has issued an updated timeline for issuance of renewable energy tenders. The Ministry has laid out plans to issue tenders for 50 gigawatts of renewable energy capacity every year between the financial years […]