SUBSCRIBE NEWS LETTER

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MYSUN Raises $4.2 Mn; Plans for another $35 Mn Funding in Few Quarters

MYSUN, a Delhi based rooftop solar installer, on Wednesday said it has raised USD 4.2 million (or Rs 32 crore) from its existing investors in a structured equity deal as a part of its Pre-Series A round. Besides this USD 4.2 million funding, the rooftop solar installer is also looking to raise another round of […]

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SgurrEnergy India Crosses Milestone of 33 GW Global Solar Project Consulting

c The company has shared its significant achievement through one of the professional networking sites and said that it has tripled its consulting portfolio and crossed 33 GW of consulting landmark milestone in just less than four years. This is significant as it had completed 9 GW of consulting experience with 300 customers in 2016, […]

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Govt Closes Atal Jyoti Yojana (AJAY) Phase-II amid Covid-19 Outbreak

In the wake of coronavirus outbreak across the country, the government has decided to close the second phase of its Atal Jyoti Yojana (AJAY) effective from April 01, 2020. The move came after the government decided not to operate MPLADS for two years i.e. for 2020-2021 and 2021-22 and in this regard, a circular was […]

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Crashing Oil, Booming Solar. Possible?

While the slump in oil prices will have its own yet to be seen second, and third order effects, be it political stability in the middle east, or moves by the US and Russia to outflank each other, for India,  this is the opportunity that needs to be taken with both hands. The country has […]

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Renault Sets Sights at Electric Vehicless Future in China

Renault has unveiled its new strategy for China, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). French automobile major Groupe Renault has unveiled its new strategy for China, building on two of its key pillars: Electric Vehicles (EV) and Light Commercial Vehicles (LCV). With 860,000 electric vehicles sold […]

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ST Brings VBUS-Powered Controller for 5V USB-C Charging Applications

French-Italian multinational electronics and semiconductor manufacturer STMicroelectronics (ST) has introduced new member ‘STUSB4500L’ to it’s USB-C controller IC family designed and certified for pure 5V sink-only applications. The company said that in this newly introduced device all the mandatory features are integrated to use the USB-C connector as a 5V universal power plug, allowing designers to […]

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Ørsted Announces Completion of 338 MW Wind Project in Texas

Ørsted has announced that it has completed its Sage Draw Wind project, a 338MW wind farm that straddles Garza and Lynn Counties in Texas. Ørsted has announced that it has completed its Sage Draw Wind project, a 338 MW wind farm that straddles Garza and Lynn Counties in Texas. The 120-wind turbine project will have […]

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Indian IPP Renew Power Commits Rs 20 Cr in Fight against Coronavirus

ReNew Power, country’s largest renewable energy Independent Power Producer (IPP), on Wednesday said that it will support in India’s fight against the global pandemic. The Gurugram-headquartered company assured that it will contribute to the Central and State governments’ efforts to combat the coronavirus (COVID-19) pandemic in the country. Initially, the company has committed Rs 20 […]

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Total Invests Rs 3,707 Cr to Form 50:50 JV with Adani Green Energy

French multinational energy company Total S.A. (Total) has invested about Rs 3,707 crore, through its step-down subsidiary, to form 50:50 joint venture (JV) with Adani Green Energy Ltd (AGEL), the renewable energy arm of conglomerate Adani Group. The move came after the regulatory body – the Competition Commission of India (CCI) — has provided its […]

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