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MP Invites Bids for 270 MW Solar Projects Under PM KUSUM

The Madhya Pradesh Urja Vikas Nigam Limited (MPUVNL), has invited bids by issuing a Request for Proposal (RFP) for selecting solar power developers for implementation of approximately 270 MW of grid-connected solar PV projects. This tender has been issued to set up solar PV projects of capacity 500 kW to 2 MW to sell solar […]

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EV Maker Nexzu Mobility launches Roadlark Cargo for Last-mile Delivery

An Indian electric vehicle maker, Nexzu Mobility has announced the launch of its electric cargo version called Roadlark, specially designed for meeting the bulk last-mile delivery needs of e-commerce businesses across India. Globally, electric mobility has taken center stage and is being implemented in several forms. Chief among them is the focus on transforming hyperlocal […]

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Adani Green Transfers 74% Stake of MSEL to Adani Tradecom LLP

Ahmedabad-headquartered Adani Green Energy Ltd announced on Saturday that its subsidiary Adani Renewable Energy Holding Four Ltd has transferred 74 per cent shareholding of Mundra Solar Energy Ltd (MSEL) to Adani Tradecom LLP (ATLLP). It stated in a BSE filing, “7,400 equity shares are transferred to ATLLP at face value i.e. Rs 10 each, aggregating to Rs […]

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More Research Needed to Attain Climate Goals with Wind: WindEurope

On 4 May, the European Technology and Innovation Platform on Wind Energy (ETIPWind) with the support of WindEurope gathered cross-sectoral experts – from the wind energy sector, composite, copper, cement, rare earth industries and the European Commission – to tackle the development of new materials used in wind turbines and turbine recycling. The EU has […]

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DSD Secures $85M in Financing to Support Pipeline of Distributed Generation Solar

Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority Value of Distributed Energy […]

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Solar-Driven Green Hydrogen Plant Commissioned in MbRAM Solar Park in Dubai

A solar-driven Green Hydrogen project has been inaugurated at the Mohammed bin Rashid Al Maktoum (MbRAM) Solar Park in Dubai. HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy and Chairman of the Expo 2020 Dubai Higher Committee, recently inaugurated a Green Hydrogen project at the Mohammed bin Rashid Al Maktoum […]

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Magenta Closes Series A Round With new Commitments Worth $15 Mn

EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a  commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […]

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Etrio Steps Into E4W Light Commercial Vehicle Segment

Hyderabad-based electric vehicle (EV) maker Etrio has announced that it is planning to step into the electric 4-wheeler (E4W) light commercial vehicle (LCV) segment along with plans to launch more electric 3-wheeler products. The EV maker also announced its entry into the B2C segment with a pan-India dealership network endeavouring to increase adoption of its […]

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Is The SB Energy Exit A Worrying Sign For India?

By Now, the news of SB Energy’s portfolio buyout by Adani Green Energy (AGEL) has been well reported. The 100% buyout of SB Energy India assets by AGEL for $3.5 billion, for a fresh 4954 MW of additions to AGEL’s total  assets including project pipeline, has been cited as a possible warning sign for India’s […]

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