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Bengal Finally Opens Up Net Metering For Homes, With 5 KW Limit

West Bengal, a perennial laggard on the renewable energy front, and a huge defender of coal fired energy to boot, has finally started taking its first tentative steps towards more renewable energy. The West Bengal Electricity Regulatory Commission (WBERC) has finally allowed net metering for individual households from 1 KW, upto a limit of 5 […]

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Total Expands Sustainable Energy Alliance With Adani, Takes 20% Stake in AGEL

Total has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. French multinational energy company Total has announced that it has acquired a 20 percent minority interest in Adani Green Energy Limited (AGEL), the renewable energy platform of the Adani Group. The French giant […]

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EV Battery Startup Gegadyne Energy Welcomes $5 Mn Investment from V-Guard

EV battery provider Gegadyne Energy Labs has announced that it has received an investment of USD 5M from electric appliance maker, V-Guard. Mumbai based, quick electric vehicle (EVs) battery provider Gegadyne Energy Labs Pvt Ltd announced receiving an investment of USD 5 million from electric appliance maker, V-Guard. The CEO and Founder of Gegadyne Jubin […]

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Tigo Energy Raises $20 Million in Funding

Tigo Energy, Inc., the worldwide leader in Flex-MLPE (Module Level Power Electronics) today announced a $20 million round of investment, led by Energy Growth Momentum. “2020 has been a breakout year for Tigo and 2021 has the potential for even greater success,” stated Zvi Alon, Chairman and CEO of Tigo. “We are excited to have the […]

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Pepsico Sets new Goal to cut Carbon Emissions by More Than 40% by 2030

Pepsico has set an ambitious new goal to cut carbon emissions by more than 40% by 2030 – more than doubling its previous climate objective. Climate action can’t wait. Today we’re more than doubling our climate goal and pledging net-zero emissions by 2040, ten years ahead of the Paris Agreement target. Learn more here: https://t.co/JDxtyOzVFn #ClimateAmbition […]

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ENGIE NA Added Nearly 2 GW of Renewable Energy in the US in 2020

ENGIE North America has announced that it added nearly 2 GW of renewable energy in the US in 2020, as part of its commitment to deliver 9 GW of renewable energy capacity globally between 2019 and 2021. These new clean energy capacities will offset nearly 2.1 million metric tons of carbon and bring the firm’s […]

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Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million

Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […]

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New Policies Aid 25-fold Jump in Rooftop Solar Installations in Vietnam: IEEFA

A new IEEFA note details that there are now over 101,000 rooftop solar systems deployed over residential, C&I premises across Vietnam A new research note from IEEFA details that as of December 31, 2020, the closing date for eligibility to the second solar feed-in-tariff program, a total of 9.3 gigawatts peak (GWp) (or 7.4 GW) […]

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Amplus Launches ‘The MILES Challenge’ for Clean Energy Startups in India

Amplus Solar has launched The MILES Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India. Amplus Solar, a leading distributed energy company headquartered in Gurugram, has announced the launch of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the […]

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