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IL&FS Finally Completes Sale of 7 Wind Energy Assets to Orix

IL&FS has completed the sale of its wind energy assets to Orix Corporation for Rs 4,900 crore, helping the company resolve its debt of over Rs 4,300 crore. After months of deliberations and seeking approvals, crisis-hit IL&FS has said that it has completed the sale of its seven wind energy assets to Orix Corporation of […]

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NISE Calls Out Manufacturers for Mandatory Testing of CST Products

NISE has issued a letter calling out all industry stakeholders and manufactures CST products for the mandatory testing of all such products. The National Institute of Solar Energy (NISE), an autonomous institute under the Ministry of New and Renewable Energy (MNRE) has issued a letter calling out all industry stakeholders, state nodal agencies and domestic […]

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AfDB, CIF and CGC to Develop Green Financing Instruments for Africa

AfDB, in partnership with the CIF, has commissioned the CGC to prepare a study on the creation of national climate change funds and green banks in Africa. The African Development Bank (AfDB), in partnership with the Climate Investment Funds (CIF), has commissioned the Coalition for Green Capital (CGC) to prepare a study on the creation […]

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Renewable Power to Boost Energy Security in Ukraine Till 2030

A new report has revealed that the proposed increase in renewable capacity in Ukraine is expected to boost energy security in the country in the near future Renewable installed capacity in Ukraine is set to grow at a 15.6 percent compound annual growth rate (CAGR) to reach 13.8 GW in 2030 from 2.8 GW in […]

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Ratan Tata to Invest in Pune-Based EV Startup Tork Motors

Ratan Tata will invest an undisclosed amount in Pune-based EV startup Tork Motors Ratan Tata, chairman emeritus Tata Sons and an active angel investor has decided to invest an undisclosed amount in Pune-based electric motorcycle startup Tork Motors, the startup announced through its channels recently. ev The firm has been readying for the launch of […]

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EESL, BSNL to Install 100 Public EV Charging Stations in Punjab

EESL has signed an MoU with BSNL (Punjab Telecom Circle) to install 100 public EV charging stations to boost e-mobility in Punjab. Energy Efficiency Services Limited (EESL), a joint venture of four National Public Sector Enterprises under the Ministry of Power, Government of India, has signed a Memorandum of Understanding (MoU) with BSNL (Punjab Telecom […]

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Tenders for 150 Electric Buses Issued in Rajasthan

RSRTC and JCTSL have issued RfPs for the selection of operators for procurement and operation of a total of 150 electric buses in Rajasthan The Rajasthan State Road Transport Co (RSRTC) and the Jaipur City Transport Services Ltd (JCTSL) have issued a request for proposals (RfP) inviting bids and proposals for the selection of operators […]

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SECI Tenders for Solar PV Home Cooking Systems

SECI has issued a tender for the commissioning of solar PV based home cooking systems in different districts of different states in India. The Solar Energy Corporation of India (SECI) has issued a tender, seeking bids for commissioning of solar PV based home cooking systems in different districts of different states in India. The scope […]

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Nobel Prize in Chemistry Awarded for Work on Lithium-Ion Batteries

The Nobel Prize in Chemistry for 2019 has been awarded jointly to Akira Yoshino, John B. Goodenough and M. Stanley Whittingham for the development of lithium-ion batteries. Making the announcement in Stockholm, the Nobel Committee said that the winners have “created a rechargeable world’, underscoring the critical role their find has made in our lives […]

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