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Energy Transition

Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding

Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […]

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China Fears Recede Somewhat, As EU’s Green Deal Industrial Plan Worries About US

If you thought that the renewed push for manufacturing in the US, EU and even India for that matter, was linked to countering China’s dominance of global manufacturing, think again. The European Union has finally released details of its $270 billion Green Deal Industrial plan to spur manufacturing in the continent. In what many see […]

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Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations

The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […]

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Australia & Germany Collaborate for Solar Powered Methanol Project Off Australia’s Port Augusta

Australian cleantech company Vast Solar has revealed that the company along with the Solar Methanol Consortium have been selected to receive A$ 19.48 million and EUR 13.2 million from a collaboration between the Australian and German Governments for the development of a green methanol demonstration plant, SM1 in Port Augusta, South Australia. Vast Solar claims […]

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Associate PMO Analyst

Responsibilities:- He / she is accountable for the management of the PMO technical and functional landscape, including technical and functional integration, full end to end process coverage in a multi-country solution. Provide PMO managers and other PCP managers with analytics and decision-support tools. He / she will be responsible to drive the optimization of processes, […]

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Islamic Development Bank To Offer Insurance/Finance For RE Projects

In a bid to promote the development of renewable energy projects, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, has signed an MoU with Abu Dhabi Future Energy Company or Masdar. Under the MoU, the bank and Masdar agree to co-operate […]

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4000 Homes with Solar Panels & EV Parking To Be Up For Grabs in Maharashtra Soon

Homeowners have finally begun to recognise the benefits that solar offers. With around 40% subsidy on offer by the Government, residential solar rooftop is easy on the pocket. There is 20% subsidy for group housing societies and RWAs. Additionally, there is payback of as low as four years on investment. This awareness is complemented by […]

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Honda, GS Yuasa Collaborate for Lithium-Ion Battery Development

The evolution and quick adoption of electric mobility largely depends on the development of quality and reliable battery systems. Hence, two Japanese conglomerates – Honda Motor and GS Yuasa International – have signed an agreement for collaboration for a high-capacity, high-output lithium-ion battery. Honda and GS Yuasa will discuss specifics with the goal of establishing […]

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Largest Floating Solar of North India Worth 2 MWp Capacity Inaugurated in Chandigarh

North India’s largest floating solar power plant of 2MWp capacity has been unveiled at Chandigarh. The floating solar facility was inaugurated by the Governor of Punjab and Administrator of Chandigarh, Banwari Lal Purohit. The official statement of the UT held that the plant was commissioned by Chandigarh Renewal Energy and Science & Technology Promotion Society […]

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