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apac markets

Motovolt Enters E-Scooter Segment with M7 Launch at Auto Expo 2023

Motovolt, a leading e-mobility brand, has launched an indigenously designed, multi-purpose e-scooter at the Auto Expo 2023. Recently, the firm had announced that it was stepping foot into the coveted e-scooter segment. With the launch of M7, Motovolt has officially marked its entry into the segment. Motovolt’s e-scooter, says that M7 boasts of engineered solutions […]

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USA’s Leeward RE Raises $260 Mn For Chaparral Springs Solar + Storage Project in California

Leeward Renewable Energy, A US based firm that delves into the development of new wind, solar, and energy storage projects in energy markets across the US, has announced that it has closed about $260 million in construction financing and secured tax equity commitments for its Chaparral Springs Solar + BESS Facility. The renewable energy project […]

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The Top 3 States With Biggest EV Subsidies In India

India has been successful in spurring the Electric Vehicles trend in the country. While the central efforts were instrumental in this development, the contributions of various states in terms of subsidies have formed the backbone of EV adaptation as well. However, keep in mind that subsidies are unlikely to last very long, possibly not beyond […]

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US based Enfinity Global Acquires 400 MW of Operating Solar Projects

US-based renewable energy firm Enfinity Global has announced that it has completed the acquisition of a 400 MW operational utility-scale solar portfolio marking a further expansion in the US market. The official statement of Enfinity Global said that in September 2022, it signed a deal with Capital Dynamics to acquire a diversified contracted portfolio, consisting […]

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Sterling Generators Eyes Strong Growth, Unveils New Identity

Mumbai-based Sterling generators, a strong player especially in the large capacity segment, is expecting a strong growth path on the back of changing markets and its strong partnerships. Announcing its plans at a media interaction, the firm’s Chairman, Khurshed Daruvala, and CEO, Sanjay Jadhav, stressed on the company’s strong project management competencies and quality global […]

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UK’s Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey

The United Kingdom-based Hive Energy has said that it will be investing $4 billion for the development of solar power projects with energy storage facilities in Turkey. As per reports, the firm will be constructing the projects through joint ventures with two partners based out of Turkey itself. Hive Energy is headquartered in Hampshire in […]

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Trina Solar Maintains Its Top ranking in Bankability ratings

Leading solar and tracker firm Trina Solar has maintained its AAA status for the third consecutive quarter in the PV ModuleTech bankability rankings released by PV Tech for Q4 2022. The company’s continued presence in the highest category validates its ongoing high performance level in manufacturing capacity, technology innovation, product shipments and financial status and […]

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Is Solar Momentum Stuttering To A Halt In India?

India’s solar growth, that is aiming for a target of over 25 GW between this year and 2030 to meet national targets on installed capacity, appear to be shifting to the slow lane, yet again. Industry players blame the slowdown on everything from higher prices, to policy, to rising cost of capital and more. After […]

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H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland

A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […]

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