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Tetra Tech Wins USAID Renewable Energy Contract Worth $29.7 Million

USAID has awarded Tetra Tech a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy project (SURE II). Tetra Tech has announced that the US Agency for International Development (USAID) awarded the Company a five-year, USD 29.7 million single-award contract for the continuation of its Scaling Up Renewable Energy []

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SJVN Seeking Debt Financing of Rs 1000 Cr for Upcoming Solar Projects

SJVN has issued an EoI inviting financing institutions to submit proposals for providing debt financing loans for its upcoming renewable projects (solar). SJVN Ltd a mini Ratna CPSU under the Ministry of Power has issued an Expression of Interest (EoI) inviting eligible financing institutions to submit proposals for providing debt financing loans to []

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40% of All new Launches in China in Next 5 Years to be Electric: GM

General Motors (GM) has highlighted that in electrification, more than 40 percent of its new launches in China in the next 5 years will be electric models. General Motors (GM) has recently announced its technology rollout plan for electrification, intelligent driving and connectivity in China, with an immersive display at the PATAC Design Dome in []

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Hero Electric Partners up to Offer Leasing Options for Electric Scooters

Hero Electric has announced its partnership with OTO Capital to provide consumers with affordable and flexible financing options to own electric scooters Hero Electric, a pioneer in the electric vehicle industry in India, has announced its partnership with OTO Capital, Indias first vehicle leasing startup to provide consumers with affordable and flexible financing options to []

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Yulu Partners With Vatika Group, Brings E-mobility Solutions to Gurugram

Yulu has announced a partnership with the Vatika Group to provide its e-mobility solutions within Vatikas residential and integrated townships in Gurugram. Yulu, one of Indias leading e-mobility service providers has announced a partnership with the Vatika Group a Gurugram-based leading real estate developer. Under the new partnership, Yulu services will be available within []

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Cabinet Relaxes Working Capital Limit for Loans to Discoms

The Union Cabinet has approved a one-time relaxation to PFC and REC for extending loans to Discoms above limits of the working capital cap The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans []

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RWE Rakes in 2bn With Share Issue to Back its Renewable Expansion

RWE has successfully concluded an increase of its share capital of around EUR 2 billion, as it looks to expand in the fields of renewable energy Germanys RWE has announced that it has successfully concluded an increase of its share capital of around EUR 2 billion by selling new shares. The firm stated that the []

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Capital Dynamics to Develop 9 Battery Storage Systems in California

Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system []

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Indias Stuttering Solar Progress Grinds To a Halt With COVID-19

Two latest reports by independent research agencies in the Indian renewable energy segment have revealed that the first half of the year (H1 2020) only saw a total of between 1 GW and 1.3 GW of new solar installations in India. While the full year installations expected to reach 3.5 GW (4.5 GW with rooftop) []

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