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BLuru Based GPS Renewables Secures $3 Mn in Funding From Triodos and Caspian

GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in Series A funding led by Triodos and Caspian. GPS Renewables, a Bangalore-based cleantech startup has announced that it has raised USD 3 million in a Series A funding led by the Netherlands based Hivos-Triodos Fund, one of the impact []

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Indias RE Push Based on Energy Security and Climate Change: Suresh Prabhu

Indias focus on renewables will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu has said Indias focus on renewable segments like solar, wind and hydropower will not only ensure energy security but also address environmental concerns, former union minister Suresh Prabhu said on Wednesday. The energy and environment are the two sides of the []

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8 Governments Pledge to Kickstart Offshore Wind in Baltic Sea

8 Baltic Sea countries and the European Commission have signed a joint declaration to accelerate the build-out of new offshore wind capacities in the Baltic Sea At an Offshore Wind Conference, hosted by the Polish Wind Energy Association (PSEW), high-level representatives of eight Baltic Sea countries and the European Commission signed a joint declaration to []

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Canadian Solar Raises $260 Mn in Preparation for the Carve-Out IPO

Canadian Solar has agreed to USD 260 million capital raising for CSI Solar an important step for it to qualify for the planned carve-out IPO in China Canadian Solar, has announced that it has agreed to an RMB 1.78 billion (approximately USD 260 million) capital raising for its Module and System Solutions (MSS) subsidiary, CSI Solar. []

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Government Notifications Will Boost Hydrogens Advent As Fuel Of The Future

By Jay Cheema Recently, the Ministry of Road Transport and Highways (MoRTH) has notified amendments to the Central Motor Vehicles Rules, 2020 wherein it has issued standards for safety evaluation of the vehicles propelled by hydrogen fuel cells. The suppliers and manufacturers of such hydrogen fuel cells vehicles now have standards available to test the []

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Our Aim is to Double Our Portfolio in the Next 2 years: ShriPrakash Rai

Canada -based AMP Energy has emerged as a significant player on the IPP side, including in India. The firm, which has stepped up its ambitions in India with a few recent wins in auctions, with bids as low as Rs 2.50 per unit, prides itself on empowering its different country operations. We got responses from []

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State-run Majors, PFC, NHPC, NTPC Set Ambitious Performance Fiscal Year Targets

Leading state-run utilities Power Finance Corporation (PFC), NTPC and the NHPC signed agreements with the power ministry on Wednesday to set up ambitious performance targets for the current financial year, despite flagging demand in wake of the pandemic. The exercise is an annual process, wherein the firms under the ministry set targets for the next []

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300MWh Projects Award to ENGIE Upheld by Guams Public Auditor

In a win for the clean energy goals of Guam, the Office of Public Accountability upheld the award of its Phase III Renewable Energy Project to ENGIE. In a win for Guams clean energy goals, the Office of Public Accountability (OPA) upheld the power utilitys award of its Phase III Renewable Energy Project to ENGIE. []

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Utility-Scale Solar Capacity net Additions in US to Rise 10% Yearly to 2024: Report

Utility-scale solar generating capacity net additions in the US are forecast to see compound annual growth of 10 percent in terms of watts through 2024. Utility-scale solar photovoltaic (PV) generating capacity net additions in the US are forecast to see compound annual growth of 10% in terms of watts through 2024, according to Photovoltaic Solar []

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