Home » Daily Newsletter » Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr
Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021....
A recent data from the Lok Sabha on Residential Rooftop Solar Systems indicated that India had garnered a total of 2.1 GW of solar power through the residential rooftop solar scheme of the Union government in Phase II of the programme. MNRE Minister RK Singh...
SJVN Green Energy Ltd (SGEL) has bagged 90 MW capacity for the Omkareshwar floating solar project located in Madhya Pradesh. This is the second win for the said project for SJVN since the firm had also bagged 90 MW of the capacity for it in...
The Ministry of New and Renewable Energy (MNRE) claimed that 18.3 percent of India's total solar energy capacity was contributed by the Solar Energy Corporation of India (SECI). The information was given by the Union New and Renewable Energy Minister RK Singh in his written...
SGEL (SJVN Green Energy Limited), a subsidiary of SJVN, has issued a tender for the BOS package for a 75 MW (AC) grid-connected solar PV power plant at Jamui in Bihar. The last day to submit bids is August 31, 2023. Bids open on August...
Uttar Pradesh is set to welcome its first solar expressway. The 296-kilometer-long Bundelkhand Expressway will be the first solar expressway that will see the installation of solar panels on both sides of its stretch. The project announced comes as part of the state government’s Solar...
Indian solar EPC and O&M player Waaree Renewable Technologies is now mulling the listing of its company at the National Stock Exchange (NSE). It is already listed under the Bombay Stock Exchange (BSE). The company management shared the information during its recent investors call. The...
Makati-based ACEN, through its subsidiary companies, entered into a significant Renewable Energy Contract Area Utilization (RECAU) agreement with the Laguna Lake Development Authority (LLDA) in the Philippines. The purpose of this agreement is to secure the lease of 800 hectares of Renewable Energy Areas (REAs)...
Morocco's renewable energy agency, Masen, has kickstarted a prequalification tender for the third phase of a solar power venture. The project is situated in the Atlas mountains. Developers are required to submit prequalification documents by October 20th, with the objective of financing, constructing, and operating...
Solar solutions provider First Solar will be setting up is fifth thin-film solar module factory in the Acadiana Regional Airport in Iberia Parish, Louisiana in the USA. The unit will see an investment worth $1.1bn and aid America with capacity expansion for the production of...
Spain's mining group Rio Tinto’s Diavik Diamond Mine is set to establish the largest solar power plant across Canada’s territories. The plant will boast of more than 6,600 solar panels. The project will generate close to 4,200 MWh of carbon-free electricity annually for the mine....
Swiss energy storage firm, Energy Vault, has chosen KORE Power, a company based in Coeur d'Alene, Idaho, to supply batteries produced domestically. The anticipated launch of Phase 1 at the KOREPlex facility in Arizona is set for 2025. A Master Supply Agreement was announced earlier...
Drawing inspiration from the natural world, Germany-based automotive supplier MAHLE has achieved technological advancement through its novel battery cooling plate. By adopting a bionic design for the cooling channels, which mimics nature's patterns, the company's engineers have brought about a noteworthy transformation. This innovative approach...
Online travel tech platform EaseMyTrip has now announced its partnership with Blusmart for increased electric mobility in the country. As per the mandate, EaseMyTrip will now offer an environment-friendly fleet in an existing lineup of cabs with this partnership. The endeavor aims to provide sustainable...
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