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ET Energy

Egypt Will Generate 10GW Renewable Energy Next Year

The government of Egypt is looking to expedite the renewable energy projects in the country, with plans to generate about 10,000 MW of solar and other renewable power in 2023 said a government official to media. The government expects the rise in renewable energy production in the coming year as many energy projects will then […]

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RK Singh Urges States To Form Steering Committees On Clean Energy Transition

Union Power Minister RK Singh has asked all chief ministers, and lieutenant governors of Union Territories to set up state-level steering committees for energy transition to reduce carbon emissions. A statement from power ministry reads, “Singh stressed on the role of the state governments for successful implementation of reduction in emission intensity by 45 percent […]

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BluSmart raises $50 million to expand its electric car fleet

BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […]

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Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia

Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […]

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These Four European Countries Have Set a 150 GW Offshore Wind Target

Germany, Belgium, the Netherlands and Denmark signed an agreement in Esbjerg on 18 May to produce offshore wind energy and green hydrogen equivalent to 65 GW by 2030 and 150 GW by 2050. Declaring their intention of becoming the Green Power Plant of Europe, the joint agreement aims for a tenfold increase in offshore wind […]

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Vibrant Energy Strengthens Top Tier With Vinay Pabba As COO

Solar developer Vibrant Energy, a strong name in the C&I segment where it has pushed its opex model, has strengthened its senior management team. Backed by Macquarie Group, Vibrant Energy will look to  Pabba as COO to grow and manage its portfolio of projects better. Pabba, an IIT Madras and XLRI Jamshedpur Alumni, is a […]

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India says BRICS countries should explore cooperation in solar energy, climate resilience

Union Minister of Environment, Forest and Climate Change, Bhupender Yadav has suggested to the BRICS countries to explore cooperation in areas of solar energy, infrastructure, industry transition and climate resilience. Interestingly, the BRICS grouping, besides having the world’s no. 2 and no. 2 emitter in the form of China and India, is also notable for […]

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Bihar Signs Agreement with SECI; Rajgir, Gaya to Get 24X7 Green Power

The Bihar State Power Holding Company Limited (BSPHCL) has signed an agreement with the Central Government owned PSU – Solar Energy Corporation of India (SECI) – in order to provide clean electricity to the two cultural centers and key tourist spots of Bodh Gaya and Rajgir. Bihar will be the first state in the country […]

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