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Energy Transition

BlackRock Achieves a USD 4.8 Bn Final Close for Global Renewable Power Fund III

BlackRock Real Assets has successfully achieved a US$4.8 billion final close of Global Renewable Power Fund III (“GRP III” or the “Fund”) with commitments from over 100 institutional investors, including leading public and private pension funds, insurance companies, endowments, foundations and family offices from over 18 countries globally. GRP III is the third vintage of […]

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Canadian Solar Starts Construction on 143 MWp of Solar Projects in Japan

Canadian Solar announced today that it has commenced construction on four solar projects in Japan totaling 143 MWp. This portfolio includes Canadian Solar’s flagship mega-project, the 100 MWp Azuma Kofuji project located in the Fukushima Prefecture, and other projects totaling 43 MWp in the Ibaraki and Hiroshima Prefectures. Azuma Kofuji 100 MWp The Azuma Kofuji project is Canadian Solar’s largest […]

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Head – Front Office (Contractual)

Convergence Energy Services Limited (CESL) is a newly established subsidiary of state-owned Energy Efficiency Services Limited, itself a joint venture of public sector companies under the Ministry of Power, Government of India. CESL is focused on delivering clean, affordable and reliable energy. Convergence focuses on energy solutions that lie at the confluence of renewable energy, […]

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Ashok Leyland Planning two Green Mobility Subsidiaries in India

Ashok Leyland through its subsidiary Switch Mobility has announced its global expansion plans into India and its plan to create 2 subsidiaries Ashok Leyland through its subsidiary Switch Mobility, the U.K.-based EV producer of Buses and Vans, has announced its global expansion plans into India and its plan to create two subsidiary companies. The first, […]

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Flipkart Ties up With Mahindra Logistics to Accelerate EV Deployment

Indian e-commerce major – Flipkart has partnered with Mahindra Logistics Limited (MLL) as one of its key logistics partners to help fast-track deployment of electric vehicles (EV) across its logistics fleet in the country. The move follows on from the e-commerce majors commitment to have a 100 percent electric logistics fleet and deploy more than […]

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IIT Hyderabad Develops an Alternative for Typical Lithium-ion Batteries

Researchers at IIT Hyderabad have come up with an alternative for the conventional Lithium-ion batteries. It is a more sustainable and low-cost Dual carbon battery, which may find potential use in high voltage applications, sophisticated battery-run medical devices, regenerative braking systems in electric vehicles (EVs), and stationary grids. Finding options that are cheaper and more […]

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NovaCHARGE Deploys 100 Electric Vehicle (EV) Charging Stations for City of Orlando

National Leader in EV Charging Solutions Managed Planning, Technical Design, and Delivery of Turnkey Hardware and Software Solution NovaCHARGE, a nationally recognized technology manufacturer and turnkey systems integrator of electric vehicle (EV) hardware and cloud software, teamed with the city of Orlando and the Orlando Utilities Commission (OUC) to deploy 100 networked EV charging stations in Orlando over the […]

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ABB and Amazon Web Services Collab to Digitalize EV Fleet Management

The ABB Group and Amazon Web Services (AWS) have announced their partnership to develop a cloud-based digital solution for the real-time fleet management of Electric Vehicles (EVs). The solution will optimize the efficient use of EVs and speed up the electrification of transport fleets, helping operators worldwide maintain 100 percent business continuity as they transition […]

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State NBFCs – PFC & REC Reduce Lending Rates by up to 2 Percentage Points

State-owned non-banking financial corporations Power Finance Corporation (PFC) and REC will reduce lending rates by up to two percentage points from April 1, 2021. “PFC and REC as group companies have been aligning operations to realise synergies. As part of such effort, PFC and REC have now decided together to reduce lending rates up to two percentage points,” PFC said in a statement. […]

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