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clean energy transition

RAMP In Alliance with Hala Mobility for Upkeep of EV Fleet

RAMP GLOBAL, a cloud-based ecosystem for automotive aftermarket services has recently announced its strategic partnership with multi-modal ride-sharing platform Hala Mobility to foray into the maintenance, management, leasing and tracking of electric vehicles. It is the firm’s first move that aims to drive efficiency and reliability of solutions for EV adoption as a clean mobility […]

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EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues

The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […]

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Queensland to Get its Largest Hybrid Renewable Park from Octopus Investments Australia

Specialist Renewables Manager Octopus Investments Australia has made the acquisition for a 175 MW solar project with battery storage component in Queensland. This will be an addition to the existing wind farm and will pave the way for the largest multi-technology renewable energy hub in the state. The Ardandra photovoltaic (PV) will be constructed close […]

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NTPC Green, UPRVUNL Sign Pact To Develop Floating Solar, RE Parks 

NTPC Green Energy Limited recently signed a pact with the Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to develop renewable energy parks, floating solar, and other solar projects in Uttar Pradesh through a collaborative approach.  The green arm of the NTPC said that the move would likely boost the company to facilitate the Indian […]

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Nexamp Secures $400 Million for Community Solar in Six US States

Boston based national clean energy provider Nexamp has announced over $400 million in tax equity and debt commitments led by US Bancorp Impact Finance and Mitsubishi UFJ Finance Group (MUFG). The funds will support the creation of 49 solar power and battery storage projects in six US states. The renewable energy projects will come up […]

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Natixis CIB Closes $364m Financing For Chilean Solar Projects

Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […]

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RPC, Greenfield Collaborate To Deliver 500 MW Of UK Battery Storage

London based clean energy majors Renewable Power Capital (RPC) and Greenfield have collaborated to develop at least 500 MW of battery storage in the United Kingdom to enhance energy transition of the island country. RPC and Greenfield also announced the acquisition of two projects by RPC from Greenfield having a total capacity of 83 MW. […]

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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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Pharma Firm Sami-Sabinsa Procures Solar Power for Karnataka Operations from O2 Power

Pharma player Sami-Sabinsa Group has signed a long-term mutual agreement with clean energy major O2 Renewable Energy for the purchase of 150 million units (MU) of renewable power over a 25-year period. Sami-Sabinsa is a research-oriented firm that uses sustainable nutraceutical/ cosmeceutical ingredients. O2 Renewable Energy is a subsidiary of Singapore-based renewable energy developer O2 […]

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