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ISA & African Investment Platform to Pave Way for Financing Solar Projects in Africa

African infrastructure investment platform Africa50 and the International Solar Alliance (ISA) have entered into an agreement that will bolster and finance solar projects on the continent. The partnership has been forged with an ambition to augment solar capacity, increase energy access and facilitate energy transition. Africa50 was established by African governments and the African Development […]

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DRE Finds A Footing In India, Powered By Solar

Laxmi Bhuyan is a 58-year-old woman from the Sindiba village in the Gajapati district of Odisha. This tribal village, with swatches of fertile land around the village periphery, bolstered the local farmers to grow different fruits and vegetables around the year. However, the raw fruits often yielded low prices for the producers. On the other […]

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European Solar Energy Startups Witness 400% Surge in Investment: Report

A new research report by Avent Abacus reveals that total investment in European solar energy startups is up almost 400 per cent compared to last year. Reportedly, the companies received $6 billion in funding in the first five months of 2023 alone. Key Insights Avent Abacus notes that the total investment in European solar startups […]

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Magenta Mobility, Altigreen & Exponent Partner for 15-Minute Rapid Charging EV Fleet

Magenta Mobility, an electric mobility and charging solutions provider, has joined forces with Exponent Energy, an energy-tech startup, and Altigreen Propulsion Labs, an electric commercial vehicle manufacturer. The partnership will see Altigreen’s neEV Tez powered by Exponent, that fully charges in fifteen minutes. This, along with Exponent’s e^pump network will empower Magenta to unlock higher […]

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ICCT Suggests Placing Premium on Battery Electric Trucks in Delhi EV Policy 2.0

The current Electric Vehicle Policy of Delhi phases out this August. The policy, without a doubt, has played a key role in giving an impetus to e-mobility in Delhi. The International Council On Clean Transportation has come up with recommendations for the city’s Electric Vehicle Policy 2.0. The report stresses on providing incentives for medium […]

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India Among Top 5 Global Destinations In RE Investments: IEA Report  

A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets.  The global report also termed the Indian solar market ‘dynamic.’ However, […]

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MNRE Official Indicates India’s First Offshore Wind Tender By June End

A top official of Ministry of New and Renewable Energy (MNRE) has announced that India may float its first offshore wind energy tender in the coming four to six weeks. The information has been shared by MNRE Joint Secretary Dinesh Jagdale during a side event of the Energy Transitions Working Group of the G20 Presidency […]

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Actis Launches $500 Million Renewables Platform In Japan

Global investor in sustainable infrastructure – Actis – has launched a new $500 million renewables platform called Nozomi Energy which will be Japan-focused. Nozomi will target 1.1GW of onshore wind and solar power generation by 2027. The investment is made from fifth and latest energy infrastructure fund of Actis, which represents $6 billion of investable […]

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Oorjan Cleantech Sets Foot into Jharkhand Market

Co-founded by IITians and bankers, tech-enabled solar solution provider, Oorjan Cleantech Private Limited, has announced expansion into Jharkhand. Gautam Das, Founder, and CEO quoted, “Oorjan has been expanding its business operations across India and Jharkhand is our 19th State/UTs where we will be spreading green energy solutions including financing and reliable products. We will continue […]

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