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AFRICA: World Bank invests in batteries to boost solar energy

The World Bank has decided to invest $1 billion for energy storage in Africa. The objective is to support the production of batteries to stimulate the production of solar energy. Africa is increasingly relying on solar energy to increase the rate of access to electricity for its population. Intermittence is the main disadvantage of the […]

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Six Women-Led Energy-Linked Startups from POWERED Accelerator’s First Cohort to receive $10,000 Seed Fund

  First cohort of POWERED Accelerator showcase its business to a curated audience of investors, govt, corporates and influencers. 6 startups bag seed funding of $10,000 each from the Programme. POWERED Accelerator opens for applications for 2ndcohort POWERED Accelerator First Cohort and Jury on the Demo Day in New Delhi Mumbai, 8th October 2018, POWERED […]

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Viz-A-Viz with Animesh Damani, Managing Partner, Artha Energy Resources

Q. Please tell our readers more about Artha Energy Resources (AER) as a consultant in renewable energy sector. Artha Energy Resources is India’s first and only Renewable energy focused Investment Bank. Since its inception, the company has done 800 million USD worth of Mergers and Acquisitions. It houses three main divisions viz. a. Investment Banking […]

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Piyush Goyal to Receive Penn’s Top Prize in Energy Policy on Oct 19

During his tenure, the Minister directed a fast-track effort to electrify 18,000 villages in remote parts of India—helping bridge the country’s vast energy divide. The Kleinman Center for Energy Policy at the University of Pennsylvania School of Design will award its 4th Annual Carnot Prize to Piyush Goyal, India’s former Minister of Power and Renewables […]

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Magenta Power, MSEDCL Install India’s 1st EV Billing Meter

With the support of the Government of Maharashtra and the MAITRI program and installation by MSEDCL, the state of Maharashtra has installed the first EV billing meter in the country. Adding another feather in its cap, Magenta Power has installed India’s first EV billing meter in association with MSEDCL (Maharashtra State Electricity Distribution Company Ltd). […]

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Singapore based CCube Angels Network Invests INR 5.47 Crores In Public Limited BSE Listed Company, ALFA Transformers Limited

CCube Angels Network, Singapore based angel investing network and a group of investors have invested INR 5.47 crores (SG $ 1,024,692.31) in ALFA Transformers Limited, a Public Limited BSE listed Company, engaged in manufacturing of Power and Distribution Transformers for more than 30 years. ALFA plans to utilize the investment for further expanding the manufacturing […]

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DK Second in State in Tapping Solar Energy

Dakshina Kannada district has been ranked second in the state in tapping solar energy with the help of solar panels mounted on rooftop, MLC Ivan D’Souza informed on Friday. Bengaluru ranks first in tapping solar energy, D’Souza told reporters after a meeting that around 377 rooftop solar energy units had been installed in the district […]

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Rana Calls for Optimum use of Solar Energy in Domestic use

“In a power deficit state like Jammu and Kashmir, solar energy is the most viable and sustainable source of power to meet domestic requirements”, Rana said while inaugurating a private establishment dealing with solar energy gadgets. National Conference provincial president, Devender Singh Rana on Saturday called for optimum use of cost effective solar energy, saying […]

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JSW Energy puts solar power plans on backburner over policy

As uncertainties loom over the solar power sector, mainly on the policy front, the Sajjan Jindal-led JSW Energy has put its ambitious expansions plans in the segment on the backburner. The company in May had announced plans to set up a 1,000-MW solar photovoltaic (PV) panel manufacturing facility at Vijayanagar in Karnataka and to install […]

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