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Indian market

Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions

There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […]

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Solex Ties Up With GMEE, Wuxi Tidewinner To Expand Capacity By 800MW

Solex Energy Limited today announced signing of a Memorandum of Understanding (MoU) with GMEE Solar and Wuxi Tidewinner Industrial International Co., Ltd. This partnership will facilitate an 800 MW capacity expansion, enhancing Solex Energy’s existing 700 MW production capability to 1.5 GW by the end of the second quarter of FY 24-25. A release from […]

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ProsParity Raises $2 Mn Pre-Seed EV Fund From Global Investors

ProsParity, a fintech platform involved in the distribution of credit in the electric mobility sector, has raised a $2 million pre-seed funding round from global institutional investors. These financial investors are BEENEXT, Sparrow Capital, All In Capital, DeVC, and Huddle Ventures. BEENEXT is a Venture Capital fund managed by serial entrepreneurs ProsParity is an end-to-end electric […]

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How US Import Barrier On Chinese Solar Cells Can Change Trade Game?

The recent trade barriers imposed by the United States (US) against the imports of Chinese solar equipment like solar cells has triggered speculations on the overall global trades of clean energy equipment. The Joe Biden led government recently triggered a new controversy by increasing the imports tariffs for solar cells for upto 50 percent and […]

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Tata Motors, Bajaj Finance Tie-up For Boosting EV Financing

In a bid to improve options and ease of financing for the dealers, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM) – subsidiaries of Tata Motors, have joined hands with Bajaj Finance, part of Bajaj Finserv Ltd., one of diversified financial services groups. This partnership extends supply chain finance solutions to its […]

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Orient Green Power To Raise Rs 250 Cr Through Equity Rights Issue

Orient Green Power Company has announced its plans to raise up to Rs 250 crore through the issue of equity rights to its existing shareholders. The company further said in its regulatory filing that the issue of equity shares with a face value of Rs 10 each of the Orient Green Power Company is proposed […]

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SaurEnergy Explains: A Guide to Green Power Trading

The world has witnessed exponential growth in the renewable energy sector, particularly over the last decade, as the importance of renewable energy has become common knowledge. According to one IRENA report, 2023 set a new record in renewables deployment in the power sector by reaching a total capacity of 3,870 Gigawatts (GW) globally. Furthermore, renewables […]

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Enfinity Global Finances 1.2 GW Solar, Wind Power Plants In India

US-based Enfinity Global Inc., today announced that it has signed $135 million in financing for the development and construction of 1.2 GW of solar and wind projects in India. The financing is being provided by the Canada Pension Plan Investment Board (CPP Investments) through subsidiaries of CPPIB Credit Investments Inc. The projects in this portfolio, […]

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India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report

India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […]

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