Home » Daily Newsletter » AIIB Invests In Eight Solar Projects Of 1.54 GW, With Mahindra Susten
The Asian Infrastructure Investment Bank (AIIB) a multilateral development bank has invested Rs 4.86 billion (around USD $58.4 million equivalent) in renewable energy Infrastructure Investment Trust (InvIT). InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 gigawatt (GW)-peak...
The Ministry of New and Renewable Energy (MNRE) has issued a notification pertaining to the constitution of a Wind Repowering Committee. The committee will be chaired by Joint Secretary (Wind), MNRE along with Director (Technical), IREDA Director (Projects), SECI as its members, the notification said....
Renewable Energy company Sunsure Energy has signed a Power Purchase Agreements (PPA) with Pune-based KSB Limited, one of the leading pumps and valves manufacturers in India to supply nearly one crore units of green power annually for the next 25 years. Sunsure will set up...
Solar inverter company FIMER announced supplying its 5 MVA inverters to Jakson Green for a 40MW Ayodhya Solar PV Project, developed by NTPC Green Energy Ltd. Jakson provided a total of 104,580 solar panels for the project. Ayodhya is now all set to host the...
Gujarat-based solar module manufacturer Credence Solar Panels has now received a new certification for its mono-PERC solar modules. As per the latest update from the office of the Bureau of Indian Standards (BIS), the Indian authority granted a BIS certification to the firm for its...
WindEurope – a premier association promoting wind energy in Europe – held that year 2023 witnessed a record 4.2 GW of new offshore wind farms come online in Europe. This was a 40 percent increase compared to the corresponding figures from 2022. The agency said that...
Indian Renewable Energy Development Agency Ltd. (IREDA), a non-banking financial institution under the Ministry of New and Renewable Energy (MNRE), has signed a Memorandum of Understanding (MoU) with Indian Overseas Bank (IOB) pertaining to co-lending and loan syndication for a diverse spectrum of renewable energy...
The construction of the largest wind farm in Australia's New South Wales is currently underway. Upon completion, the project is expected to generate 14GW of green electricity which will be sufficient to power six million homes. The wind farm is being built by Squadron Energy,...
United States (US)-based clean energy developer Ørsted announced signing an 80MW power purchase agreement (PPA) with Bloomberg for renewable energy generated by the Mockingbird Solar Center, a 471 MW project currently under construction near Paris, Texas. This is Ørsted's largest solar project in the US,...
Union Power Minister RK Singh today said that load shedding is an insult to the people of India. He also warned the power companies in the country that they would have to pay penalties for their defaults. The union minister was speaking in a review...
America-based global cleantech company AES Corporation announced the completion of 3.5 GW of renewables projects in 2023, nearly doubling the capacity constructed compared to 2022. "In 2023, AES Corporation completed the construction of 3.5 GW of new renewables. This construction milestone represents a new record...
China's leading lithium producer, Ganfeng Lithium, has announced that it has entered into a supply agreement with South Korea’s Hyundai Motor. The auto firm claims that the new deal reflects the automotive industry's strategic move to secure raw material sources amid the electric vehicle (EV)...
European Automobile Manufacturers Association, (ACEA) recently shared data on the new registration of cars in the European Union (EU). In its data for 2023, it mentioned that the year concluded with a solid 13.9% expansion compared to 2022. It reached a full-year volume of 10.5...
Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear...
The Council and the European Parliament’s negotiators reached a provisional political agreement on Carbon Dioxide (CO2) emission standards for heavy-duty vehicles (HDVs). Their aim is to further reduce CO2 emissions in the road transport sector and to introduce new targets for 2030, 2035 and 2040....
As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered...
Exide Technologies an energy storage solution provider for stationary applications announced launching its new 'Sprinter Pure Power' battery range. Developed specifically for use in data center UPSs, this latest generation of advanced AGM batteries also serves a wide variety of applications, the firm said. "As...
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