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Pacifico Energy Raises $265 mn for its Second Solar Fund

Pacifico Energy has successfully completed the launch of its second solar investment fund at USD 265 million Pacifico Energy has announced that it has successfully completed the launch of its second solar investment fund (Fund II) at USD 265 million or 29 billion Yen. Fund II will be comprised of five Japanese solar power plants […]

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Assam Issues Tender Seeking Operators for 100 Electric Buses

ASTC has issued a tender for the selection of bus operators for the supply, operation, and maintenance of 100 electric buses in Assam. The Assam State Transport Corporation (ASTC) has issued a tender, inviting bids from eligible firms for selection of bus operators for the supply, operation, and maintenance of 100 electric buses in the […]

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Missing. A Public Presence for Renewable Firms in India

Back in March 1999, when Infosys Limited, the software firm that was just beginning to get noticed listed on the Nasdaq stock market in the US, it was a seminal moment for the firm and the Indian IT sector in general. Not only did the firm become the first Indian firm to list on NASDAQ, […]

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Ather Energy to set up new EV Manufacturing Plant in Tamil Nadu

Ather Energy has signed an MoU with the Tamil Nadu government for a 4 lakh square feet electric vehicle manufacturing facility Bengaluru-based EV startup Ather Energy has announced that it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu government for a 4 lakh square feet electric vehicle (EV) manufacturing facility. The startup […]

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Odisha Launches Solar Power & Other projects Worth Rs 8939 cr

Odisha has launched 27 industrial projects, involving a total investment of Rs 8,939 crore. The projects involve solar plants, amongst many others. Odisha Chief Minister Naveen Patnaik has launched 27 industrial projects, involving a total investment of around Rs 8,939 crore. The projects being initiated involve solar power plants, cement plants amongst many others. Patnaik inaugurated five projects […]

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Trend Analysis: Govt Funding for Grid Connected Solar Rooftops

However, the ratio of allocation of funds for the grid-connected solar rooftop segment has been declined sharply. With an aim to promote solar energy in the country, government has taken various significant measures in the past few years including amendments in policies, releasing funds under various schemes for the sector etc. However, most of the […]

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Could Solar Energy power Indian homes for free?

Imagine running all your electricity-hungry home appliances and devices at home as much as you want and paying zero or near-zero electricity bill. This is already an accepted way of life for many people in Germany, a handful of American states, and a few other countries around the world where electricity tariffs have not just […]

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Rs 183 cr in Funds Released for Mega Solar Projects in FY 19-20 so far

RK Singh has detailed the amount of funds released by the centre for the development of ultra mega solar parks in India over the last four financial years. In his reply to a question on solar power production across states, Union Minister for Power, News & Renewable Energy and Skill Development and Entrepreneurship RK Singh, […]

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Saipem Bags two Contracts Worth €750 mn for Offshore Wind Farms

Saipem has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of Euro 750 million. Saipem has announced that it has been awarded two EPCI contracts for the development of two offshore wind farms in Scotland and Taiwan for a combined amount of […]

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