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UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles

UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […]

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Corporations Bought Record Amount of Clean Energy in 2019: BNEF

Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […]

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NTPC to Help Develop Solar Projects Worth 283 MW in Togo

NTPC has been selected as the Project Management Consultant (PMC) for development about 283 MW solar power Projects in Togo. NTPC has been selected as the PMC for development about 283 MW solar power Projects in Togo. And the PSU has now been provided with the letter of engagement for the development of the projects […]

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Foresight Closes Sustainable Energy Infrastructure Fund at €342 Mn

Foresight Group has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Foresight Group, a leading infrastructure and private equity investment manager, has announced that it has secured total commitments to-date of EUR 342 million to Foresight Energy Infrastructure Fund. Commitments to the Fund have been made […]

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Banque des Territoires Takes a 50% Stake in Total’s French Renewable Portfolio

Total and Banque des Territoires have signed an agreement for the latter to take a 50% stake in Total Quadran’s solar and wind energy assets in France Total, through Total Quadran – its renewable electricity production subsidiary in France, and Banque des Territoires have signed an agreement upon which Banque des Territoires takes a 50% […]

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GM Invests $2.2 Bn in its First 100% Plant Devoted to Electric Vehicles

General Motors’ (GM) is investing USD 2.2 billion in its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles General Motors’ (GM) vision of an all-electric future is coming into clearer focus and gaining momentum with a USD 2.2 billion investment at its Detroit-Hamtramck assembly plant to produce a variety of all-electric vehicles including […]

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Despite MERC Order, Will Myrah Energy Execute 100 MW Project in Time?

If you ever needed to see the long journey and pitfalls a developer has to travel between bidding and actually completing a renewable project in India, then the case of Mytra Energy subsidiary Mytrah Vayu (Vedavati) Private Limited (MVEL) versus the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) and Maharashtra State Electricity Transmission Co. Ltd […]

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Boson Robotics Sees Opportunity in India

One of the biggest challenges in maintaining a solar farm is the issue of cleaning. Keeping the panels clean can make a huge difference to productivity of solar power, especially at utility scale. That has led to the emergence of firms specialising in the job. It wasn’t long though, before a Chinese firm started to […]

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EDP and Engie Reach Agreement on 50:50 Offshore Wind JV

EDP Renewables has announced the signing of an agreement with Engie to create a co-controlled 50/50 joint-venture (JV) in fixed and floating offshore wind. EDP Renewables (EDPR), a global leader in the renewable energy sector and one of the world’s largest wind energy producers, has announced the signing of an agreement with Engie to create […]

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