Home » Daily Newsletter » Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA
Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing...
The Appellate Tribunal for Electricity at New Delhi (APTEL) has directed APSPDCL (the southern power DISCOM of Andhra Pradesh- Andhra Pradesh Southern Power Distribution Company Limited) to compensate Vibrant Greentech India Pvt Ltd for the electricity supplied to it by the firm. Further, the APTEL...
The Ministry of Home Affairs has issued a tender for the supply of 13 off-grid solar photovoltaic power plants. The solar power plants are to be set up in Central Armed Police Forces (Indo Tibetan Border Police). The date on which bids open is 23.01.2023...
Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway's sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the...
Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green...
Leading global renewable energy firm Statkraft has announced a major deal with Copenhagen Infrastructure Partners’ (CIP) fund Copenhagen Infrastructure IV K/S (CI IV) as the company looks to develop upto 2.2 GW of offshore wind in Ireland. Statkraft said that CIP will acquire a 50%...
In a bid to step-up the renewable energy expansion in the resource-scare continent of Africa, UAE has signed a key agreement with Zambia to provide $2 billion for the development of solar power plants. The said investment is expected to increase the power generation base...
The age of EVs is here and talking about the Indian transition to this green mobility trend is incomplete without bringing into the picture substitutes for two ICE two-wheelers, one of the most important types of vehicles on Indian roads. However, affordability is important if...
Quench Chargers, a firm that produces EV chargers, has announced the appointment of Bjoern Stoll, President & CEO at Digatron Power Electronics, Inc America as Head of Quench (Americas). The firm's ultra-fast chargers which were designed in India and are manufactured at its plant in...
Pune-based Arenq, which claims to be India’s fast-growing manufacturer and distributor of storage batteries, has announced that it has forged a long-term partnership with KAL (Kerala Automobiles Limited), the public sector automobile manufacturing company. The partnership will enable the supply of motors, motor controllers, and...
Leading electric two-wheeler manufacturer, HOP Electric, has launched the a high-speed variant of its best-selling electric scooter, HOP LEO. HOP Electric says that the launch of the new e-scooter further reinforces HOP Electric’s aim to offer cost effective mobility to customers as it is priced...
Hydrogen energy has promising prospects and scientists are thinking of new ways for its conversion, At present, hydrogen is produced from fossil fuel methane. However, the process takes up large amounts of fossil fuel energy. A team of researchers from City University of Hong Kong...
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