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Tata Motors Celebrates 1st Anniversary of its EV Tata Nexon launch

Tata Motors has announced the first anniversary celebrations of its popular electric SUV, the Tata Nexon EV. Since its launch a year ago, the Nexon EV has shown constant growth and became India’s highest-selling electric vehicle, leading a market share of 64 percent (YTD FY21). The all-electric SUV, Tata Nexon has been admired for its design, zero-emission […]

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Statkraft and Aker Offshore Wind explore project opportunities in Norway

Statkraft, Europe’s largest renewable energy producer, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway. The companies will combine their strong, complementary skills and expertise to work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind facilities in Norway. Last year, the Norwegian government announced it will open for applications for licenses for the development of wind power in […]

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AES Commissions Alamitos Energy Storage Facility in Long Beach, California

Fluence Battery Storage System Will Increase the Delivery of Reliable, Sustainable Energy for Southern California Customers The AES Corporation has commenced operations of the Alamitos battery energy storage system (BESS), one of the world’s largest battery storage systems in operation today. The BESS, a stand-alone energy storage facility for local capacity, will provide up to 400 […]

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Loanpal Receives $800+ Million in First External Investment Round

Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […]

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Navistar Launches Hydrogen Trucks, Collaborates with General Motor OneH2s

A subsidiary of Navistar International Corporation, Navistar Inc. has collaborated with General Motors and OneH2 to launch a complete solution for a zero-emission long-haul, hydrogen trucks system. Navistar says it will produce its first production model of the International RHTM Series of fuel cell electric vehicles (FCE) by 2024. Testing of the vehicles is expected […]

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SolarArise Commissions 75 MW Solar Plant in Uttar Pradesh

ThomasLloyd, an investor in Gurugram based SolarArise announced that SolarArise India Projects has commissioned a 75 Megawatt (MW) solar PV plant in Khera village, Budaun District, Uttar Pradesh. Jakson Limited was given the mandate to build by SolarArise. The firm was founded in 2014 by  James Abraham, Anil Nayar and Tanya Singhal backed by GEEREF, […]

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RE Plus Storage is Cost Competitive With new Coal Plants in Tamil Nadu: Report

A new economic viability analysis reveals that RE along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. A new economic viability analysis reveals that renewable energy (RE) along with battery storage in Tamil Nadu is cost-competitive with new coal power plants. The report finds the levelised cost of energy (LCOE) […]

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India Signs Strategic Partnership Agreement With the IEA

The Framework for Strategic Partnership between the IEA members and the Government of India was signed on Jan 27. The Framework for Strategic Partnership between the International Energy Agency (IEA) members and the Government of India was signed on January 27, 2021, to strengthen mutual trust and cooperation, and enhance global energy security, stability and […]

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Spain Continues Solar Resurgence With 2 GW Allocations At Auctions

At an average price of Rs 2.16/KwH and a lowest of Rs 1.31/KwH, solar prices continue to drive out wind energy from renewable auctions. Spain, which has had a solar boom of sorts ever since its first large 3 GW auction in 2017, has delivered yet another boost to solar capacity growth in the second […]

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