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alternative energy

Hero Electric, Turtle Mobility to Strengthen Last-mile Delivery Segment

Hero Electric said on Monday it will deliver over 1,000 e-scooters to last-mile delivery solutions startup Turtle Mobility this year as part of a partnership between the two firms, a release said on Monday. Turtle Mobility was incorporated in the second quarter of 2021 to further develop the electric vehicle ecosystem in the mid and […]

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Lead Engineer – Power Electronics eMobility

If you desire to be part of something special, to be part of a winning team, to be part of a fun team – winning is fun.  We are looking forward to a Lead Engineer – Power Electronics eMobility based in Pune, India. In Eaton, making our work exciting, engaging, meaningful; ensuring safety, health, wellness; and being a model of inclusion […]

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Blackstone to Invest $3 B in North America’s Largest Private RE Firm

New York City-based Blackstone Inc said on Friday it would invest about $3 billion in Invenergy Renewables Holdings Llc, the largest private renewable energy firm in North America. The money that Blackstone will invest is aimed at providing capital to accelerate Invenergy’s renewables development activities, the company said in a statement. Blackstone, the world’s largest manager of […]

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CEL Invites Tender for 25 MW Of DRE Projects In Maharashtra

Privatization bound Central Electronics Limited (CEL), presently still a public sector enterprise under the Ministry of Science and Technology, has invited bids for the design, supply, erection, testing, and commissioning of decentralized solar systems ranging from 2 MW to 10 MW for a cumulative capacity of 25 MW at various substations in Maharashtra. Central Electronics […]

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FM Assures Manufacturer Associations Of BCD As Promised, From April 1, 2022

Finance minister Nirmala Sitharaman has assured delegation of domestic solar manufacturers that the Basic Customs Duty (BCD) that was announced on modules and cells almost 9 months back, will be implemented as scheduled, from April 1, 2022. This is basis a release shared by NIMMA, or the North India Module Manufacturers Association,  which was among […]

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EU Leaning Towards Controversial Move To Label Gas, Nuclear ‘Green’

The European Union has drawn up plans to label some natural gas and nuclear energy projects as “green” investments after a year-long battle between governments over which investments are truly climate-friendly. The decision is widely blamed on the continent’s high dependence on gas, and a controversial decision by key member countries, especially the UK and […]

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Oil India to Install 100 kW Green Hydrogen Facility in Assam

Oil India Ltd is setting up a plant to manufacture green hydrogen at its Jorhat oilfield in Assam, the nation’s second-largest state-owned oil explorer said in a statement. “To strengthen its bouquet of clean energy offerings”, the company has initiated action for setting up a 100 kW green hydrogen plant at its Pump station-3 in […]

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Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff

In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […]

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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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