SUBSCRIBE NEWS LETTER

National Capital Region

Is Chindia the Answer to India’s Manufacturing Puzzle?

When it comes to manufacturing in Solar, it is not a rankings fight globally. China settled that some time ago. By 2012 to be accurate. It’s a fight for the other 30 percent market share, be it with breakthrough innovations, temporary tariff protections or sheer cussedness as the US is doing right now. But eventually, […]

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Project Monitoring Committee at Ministry Could Fast-Track Project Implementation: Ved Mani Tiwari

The government has introduced an online system for seeking forest clearance that has been very beneficial in securing this critical clearance. To streamline state level clearances for transmission projects, the appointment of a nodal officer at the state level could be very helpful. Similarly, having a Project Monitoring Committee at Power Ministry level for a […]

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Acme and Adani Make the World’s Top 10 Solar PV Asset Owners List

According to Wood Mackenzie’s inaugural global solar asset ownership ranking, ACME and Adani have made the cut for the world’s top 10 According to Wood Mackenzie’s inaugural global solar photovoltaic (PV) asset ownership ranking (excluding China), the world’s top 10 solar PV asset owners now hold over 22 gigawatts (GW) of cumulative solar capacity. Collectively, […]

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Shell Acquires 20% Stake in Bengaluru-Based Orb Energy

Orb Energy has announced that Shell New Energies business has acquired a 20 percent stake in the firm in its latest funding round. Orb Energy, one of the leading providers of solar energy solutions in India, has announced that the Royal Dutch Shell’s New Energies business has acquired an almost 20 percent stake in the […]

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Top 5 Fastest-Growing Solar Markets in Africa

The year 2018 was exceptionally good for Africa and 5 African markets drove the continent’s solar energy market. Last Year Africa showed good progress in its solar market growth which was primarily driven by five countries: Egypt, South Africa, Kenya, Namibia, and Ghana. The continent’s solar assets experienced a growth of over 1.8 GW in new solar […]

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Equinor, SSE win Tender for 3.6 GW Offshore Wind Portfolio in North Sea

Equinor and SSE have been awarded contracts to develop three offshore wind projects in the Dogger Bank region of North Sea, worth 3.6 GW. UK authorities announced today, September 20, 2019, that Equinor and its partner SSE were awarded contracts to develop three large scale offshore wind projects in the Dogger Bank region of the […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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India Mulls Subsidies for Battery Manufacturing

The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […]

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GGF Attracts €4 mn in Funding for Climate Action in MENA

GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […]

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