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climate change

U GRO Capital, Sunvest Capital Launch Rs.20 Crore Rooftop Solar Funding

Capital, the key missing link in so many solar rooftop plans, is finally coming to solar too. In another move to fill the vast gap that exists between potential, demand, and actual supply, SME focused finance start up U Grow Capital has joined hands with Sunvest Capital to provide co lending for solar rooftop and […]

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McDonald’s Signs its First Large Scale Renewable PPA

McDonald’s has announced a 220 MW virtual renewable PPA with Aviator Wind West, a portion of the Aviator Wind project located in Coke County, Texas. McDonald’s, Apex Clean Energy, and Ares Management Corporation’s Infrastructure and Power strategy, have announced a 220 MW virtual renewable power purchase agreement (PPA) between McDonald’s and Aviator Wind West, a […]

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5 Lakh Govt Cars to be Replaced by E-Vehicles: Javadekar

Prakash Javadekar further said that “the government is promoting e-mobility by taking a lead in changing the fleet of the existing petrol and diesel cars used for official purposes with electric cars.” With an aim to showcase government’s efforts towards promoting e-vehicles in India, Union Minister Prakash Javadekar on Friday said that the government will […]

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Javadekar Flags off E-Vehicles Procured from EESL

The Ministry of Information & Broadcasting said in a notification that, with this partnership, the Government of India continues to be an active participant in the country’s quest for reduced emissions & vehicular electrification. In order to provide further boost to e-mobility in the country, Environment and Information & Broadcasting (I&B) Minister Prakash Javadekar on […]

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Two New Countries Ink ISA Framework Pact; Membership Surges to 83

Speaking at the event, Co-President ISA and the French Minister for ecological and inclusive transition, Brune Poirson thanked India for its leadership in the field of solar energy. The two new countries, Eritrea and Saint Kittis and Nevis, have now become the member of International Solar Alliance (ISA) after signing the framework agreement on Thursday. […]

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Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round

Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […]

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Solar Manufacturing in India

Global Overview Globally, over 100 GW of PV capacity was installed in 2018, with China continuing to take the lead, as it added 45 GW of capacities during the year. Other countries to install large solar capacities included Europe, the U.S. and India. China is also the world’s largest producer of solar cell/module, followed by […]

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New York Finalises Contracts for 1700 MW Offshore Wind Projects

NYSERDA has finalised contracts with Equinor and Sunrise Wind (Ørtsed and Eversource) to deliver 1700 MW of offshore wind energy to New York. Governor of New York, Andrew M. Cuomo has announced that the New York State Energy Research and Development Authority (NYSERDA) has finalised contracts with Equinor Wind US for its 816 MW – […]

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