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Magenta Power Launches Academy to Offer Training and Education in Green Energy Solutions

The training provides practical tools to accelerate green energy deployment, that shall facilitate knowledge sharing and technology transfer to provide clean, sustainable energy for the world’s growing population. Magenta Power, a pioneer in renewable energy solutions and EV charging infrastructure space in India, announces the launch of its academy ‘MITRA’ that shall support Individuals and […]

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Promote RE to Ensure Energy Security & Protect Climate : Naidu

The Vice President of India, M. Venkaiah Naidu has called for the promotion of new and renewable energy in a big way. He said moving to renewable would not just ensure energy security but also protect the climate, reduce pollution. ‘Adequate growth in renewable energy would serve a dual purpose – firstly, it would contribute […]

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Maharashtra Order 5 Entities to Comply with the State’s RPO

MERC has ordered five entities which include Indian Railways, Tata Power and BEST to comply with its Solar and Non-Solar RPO for the present and previous financial years. The Maharashtra Electricity Regulatory Commission (MERC) has formally asked five entities operating in the state to comply with its solar and non-solar renewable purchase obligation (RPO) for […]

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IREDA Issues RfP For Empanelment of Resource Assessment Agencies For Solar & Wind Energy

The last date for submission of proposals is April 29, 2019. The Indian Renewable Energy Development Agency (IREDA) has issued a Request for Proposal (RfP) inviting proposals fro the empanelment of resource assessment agencies for solar and wind energy. The empanelment for resource assessment agencies is being done for Wind and Solar technologies, separately. The […]

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Tender For Procurement of 100 Electric Buses Issued in Goa

The last date for bid submission is April 12, 2019 NTPC Vidyut Vyapar Nigam (NVVN) has invited bids from eligible bidders for procuring 100 electric buses to operate in the state of Goa. The brief scope of work for the selected bidder/supplier will include the operation of 100 electric busses including their day-to-day maintenance. As […]

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UBM – Informa Walks the Distance For a Good Cause

The walkathon raised Rs 2,018,500 for the Samarthanam Trust. UBM-Informa, a leading B2B information services group and one of the largest B2B event’s organizers globally, witnessed its first Walkathon in India – Walk the World 2019 as a fundraising activity. The organization’s flagship annual charity event was held at the stretch of South Mumbai’s – Queen’s […]

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Ola Raises Rs 400 Cr For its Electric Mobility Plan

This was the first round of investment for Ola Electric, which reportedly is running several pilots to deploy electric vehicles and charging solutions. Ola Electric Mobility, the company backed by Indian car aggregator Ola, announced on Friday that it has successfully raised Rs. 400 crores (roughly $56.4 million) in a funding round led by several […]

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Cabinet Approves Second Phase of FAME Scheme with Outlay of Rs 10,000 Cr

The Union cabinet has approved the second phase of the FAME scheme with an incentive layout of Rs 10,000 crores. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for the implementation of the Rs 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme for promotion […]

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OPIC Provides Initial Financing to $85 Mn Solar Energy Transformation Fund

The fund supports businesses providing solar solutions to some of the millions of people in India and Sub-Saharan Africa who lack access to electricity. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has provided initial financing to SunFunder’s $85 million Solar Energy Transformation Fund which supports businesses providing solar solutions to […]

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