SUBSCRIBE NEWS LETTER

Sustainable Energy

Critical To bring Quality Standards Within The Solar Energy National Ecosystem

India’s commitment to achieving net-zero status by 2070, along with its pursuit of a greener transition, underscores the critical significance of solar power within portfolio of renewable energy. In a nation where approximately 5 billion GWh of energy is incident per year, with many regions receiving between 4 to 7 kWh per square meter daily, […]

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Finnish Energy Tech Firm Capalo AI Raises Pre-Seed Funding Worth €500,000

Finnish energy tech startup Capalo AI has raised €500,000 in pre-seed funding. The funding round was led by Innovestor Tech Fund, with Inventure also participating. Capalo AI will use the funding to further develop its virtual power plant (VPP) and multi-market optimization AI, as well as scale up its team with talented mathematicians and cloud service professionals. With the […]

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EU Augments Overall Energy Consumption Target to 42.5% by 2030

The European Council recently adopted the new Renewables Energy Directive that will raise the share of renewable energy in the EU’s overall energy consumption to 42.5% by 2030 with an additional 2.5% indicative top up to allow the target of 45%. The directive has been formally adopted. Member states will have 18 months after the […]

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Growatt Showcases Full Range Of Smart Energy Solutions at REI 2023

Growatt, a leading distributed energy solution provider, showcased its comprehensive ‘solar, storage and EV charging’ solutions for residential, C&I, utility applications during the REI Expo 2023. According to the firm, the offerings were aligned with Indian market trends and customers’ needs. PV Inverters Growatt presented its smart string PV inverters with a wide range of […]

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Canada’s Brookfield Asset Management Adds $845 Mn for JV with Axis Energy

Canadian investor in renewable energy, Brookfield Asset Management has announced a second joint venture with Telangana-headquartered clean energy firm, Axis Energy Ventures. Brookfield Asset Management will invest worth $845 million in solar and wind energy projects of the Indian firm. The investment is being made from the Brookfield Global Transition Fund II to accelerate countrywide […]

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Shuzlan Energy, Transvolt Mobility in Deal For 350 Bus Charging Points

Shuzlan Energy Private Limited, a trailblazing name in the EV charging infrastructure sector, has announced a significant partnership with Transvolt Mobility. This strategic collaboration marked a key milestone in the journey towards electrifying public transportation with the signing of an agreement to provide India’s largest EV Charging Point Operator (CPO) infrastructure for 1,000 buses. These […]

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Tata Power Renewable Energy Ltd & Dugar Power Partner for Nepal’s Renewable Energy

Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Tata Power Company Limited and a leading renewable energy player in India, has signed an agreement with Dugar Power Private Limited (Dugar Power), a subsidiary of Dugar Group- a prominent business house in Nepal. The agreement is designed to cater to Nepal’s diverse energy requirements, […]

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IESA along with Global Alliances to Host World Energy Storage Day Global Virtual Conference & Expo 2023

Every year, on September 22, World Energy Storage Day (WESD) is commemorated to recognise the advancement of energy storage, which is at the forefront of the clean energy transition for both the transportation sector and the electric grid (www.energystorageday.org). India Energy Storage Alliance (IESA) along with the world’s major global alliances is set to host […]

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IREDA Partners with Bank of Maharashtra for Renewable Energy

Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise, has joined hands with Bank of Maharashtra (BoM). The partnership is to facilitate co-lending and loan syndication for various renewable energy projects across India. The MoU entails services encompassing co-lending and co-origination support for all renewable energy projects. It […]

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