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Yellow Door Energy Signs two Agreements With Saudi Arabia’s APICORP

Yellow Door Energy will install solar panels at APICORP’s headquarters in Dammam and retrofit the building with energy-efficient technologies. In line with its commitment to promote long-term sustainability and green initiatives, the Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, have announced that it signed two agreements with Yellow Door Energy (YDE), a […]

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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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IndiGrid Acquires Power Transmission firm ENICL for Rs 1,020 Cr

IndiGrid has announced the acquisition of power transmission firm ENICL for Rs 1,020 crore. IndiGrid, the country’s first infrastructure investment trust in the power sector, has announced the acquisition of power transmission firm East North Interconnection Company Ltd (ENICL) for Rs 1,020 crore. ENICL is part of the interstate transmission scheme network and consists of […]

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Cenfura, C4D to Tokenise Renewable Assets in South Africa

Cenfura and C4D will tokenise microgrid assets in South Africa, the partnership will construct and operate solar and battery storage-based microgrid assets Cenfura has entered into an agreement with C4D to tokenise microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South […]

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Vestas Receives Wind Turbine Order Worth 84 MW in China

Vestas has received an 84 MW order in China that includes the supply of 22 turbines delivered in 3.8 MW power optimised mode Vestas has received an 84 MW order in China that includes the supply of 22 (V136-3.45 MW) turbines delivered in 3.8 MW power optimised mode as well as a 5-year Active Output […]

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Reduction in Power Cost due to Prepayment by Customers: Power Ministry

The Ministry of Power has asked the state and UT governments to consider reducing the cost of power due to prepayment by the end consumers. The Ministry of Power (MoP) has in its latest notification asked the state and UT (Union Territory) governments to request the state electricity regulatory commissions (SERC) to consider reducing the […]

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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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Railways to run on 100% Electricity by 2024: Piyush Goyal

Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. Union Minister for Railways and Commerce Piyush Goyal has announced that the entire network of railways in the country will run on electricity by 2024. “We are embarking on rapid electrification of the rail network by 2024, we […]

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Tata Motors Eyeing Leadership Position in EV Segment

Tata Motors aims to establish itself as the leader in the EV segment in the country as it looks to roll out new products for both private and fleet segments Tata Motors aims to establish itself as the leader in the electric vehicle (EV) segment in the country as it looks to roll out new products for both private and […]

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