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clean energy investment

eMaaS Platform BillionElectric Forays Into India, Secures $10M in Seed Funding Round

BillionElectric, an E-Mobility as a Service (eMaaS) platform has today announced its foray into the Indian market, securing $10 million in a seed round of equity and asset lease funding. The funds raised will be strategically allocated to two key initiatives, namely, the deployment of electric tarmac buses at the Bengaluru international airport and the […]

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Europe’s Nuclear Regret: Sweden Moves To Redress The Nuclear Exit

Sweden, over four decades after deciding to phase out nuclear power, is now considering the construction of additional nuclear reactors. This shift comes as the country’s parliament officially abandoned its goal of achieving 100 per cent renewable energy to reach net-zero emissions by 2045. Sweden recently revised its net-zero targets to focus on achieving 100 […]

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CIP Pledges $350 Million for South Korea’s Offshore Wind Expansion

Copenhagen Infrastructure Partners (CIP) signed an Investment Notification Form in the presence of the Republic of Korea’s President Yoon Suk-Yeol, committing to inject $350 million into offshore wind projects in South Korea. Through their funds, CIP aims to facilitate developing and constructing gigawatt-scale offshore wind projects in the country. These projects are situated in the […]

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Plan To Add More Floating Solar Projects: Simarpreet Singh, CEO, Hartek Solar

SaurEnergy: In the last 32 years, the Hartek group witnessed the virtual revolution of the solar sector. How has it changed your approach to the market and the growth? Singh: When we started the solar business, the situation differed from the current scenario. Many consumers were reluctant to go for solar rooftops; there was a shortage […]

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Vikram Solar’s $1.5 Billion US Manufacturing Bet

News about Kolkata-based Vikram Solar’s plans for a manufacturing push into the US might have surprised a lot of industry watchers, but it is really not as surprising as it seems. A new venture backed by one of India’s oldest solar panel manufacturers at a serious scale announced plans last week to invest up to […]

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SafEarth Nets Rs 35 Million Funding From Anthill Ventures, Others

SafEarth, a technology platform for adoption of renewable energy in India has today announced the successful completion of its recent funding round of 35 Million (Rs 3.5 crore). The funding was led by Anthill Ventures, Third Derivative and Mumbai Angels. This investment will fuel SafEarth’s product development initiatives and support its expansion into new industrial […]

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S&P Commodity Insights Top 10 RE Market Trends in 2023

Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […]

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UEA’s Princeton Digital Group & Tata Power Collaborate For RE Supply to Indian Data Centre

UAE-based Mubadala Investment Company has announced a partnership between its investee firms, Princeton Digital Group (PDG) and Tata Power Renewable Energy Limited. This collaboration was meant to utilise green power for a Mumbai-based data center. With this collaboration, eco-friendly electricity will be supplied to the PDG’s flagship data centers in India. As per the agreement, […]

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