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MSEDCL Invites Request for Selection for 550 MW Solar Project

Maharashtra State Electricity Distribution Company Ltd. (MSEDCL) has invited RFS (request for selection) for the procurement of a 550 MW of solar power project to be developed in Maharashtra through a competitive bidding process. The last date for submitting the online bid is January 16, 2023, till 04:00 pm and the bid will be opened []

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HOP Electric Starts Deliveries of OXO e-bike from Jaipur

Indias leading electric two-wheeler manufacturer, HOP Electric has recently started shipping its HOP OXO high-speed e-bikes. With positive feedback from discerning customers and dealer partners, HOP Electric began distributing its much-anticipated electric motorcycle in Jaipur from its initial batch of 2,500 units. In just two months after its premiere, the electric motorcycle attracted more than []

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Saera Electric Auto Anticipates 100% Rise in Sales

Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) anticipates a 2X increase in revenue by the end of FY 2223. In the first two-thirds of the current financial year, SEAPL has already surpassed the 182 Cr threshold, up from 152 Cr in the previous financial year. By March 2023, Saera Electric will have []

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Columbia Center Report on Renewables Investment To Developing Countries

Two new reports on the factors that encourage and obstruct investment in renewable energy in developing nations were just released by the Columbia Center on Sustainable Investment (CCSI). In the first report, Scaling Investment in Renewable Energy Generation to Achieve Sustainable Development Goals 7 (Affordable and Clean Energy) and 13 (Climate Action) and the Paris []

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President Murmu Unveils EV Yatra Portal App On Energy Conservation Day

An EV yatra portal and a mobile application, which will enable in-vehicle navigation to the closest public EV charger, are set to go live soon, according to a release from the office of President of India, Draupadi Murmu. At a celebration for National Energy Conservation Day, the President will also present awards to the recipients []

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EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World

Energy Infrastructure Partners (EIP) has announced that it has raised 1 billion for the first close of its global energy transition infrastructure fund. The majority of the investment commitments come from the Swiss pension funds. Credit Suisse Investment Foundation contributed EUR 700 million of the total commitments. The funds are likely to be invested in []

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Verbund AG enters Italy with 250 MWp Solar PV Project

Verbund AG has announced that its Executive Board has approved the companys market entry into the Italian market. Verbund AG has signed a cooperation agreement with the PV-Invest Group for the acquisition of a project development company including development of a solar photovoltaic (PV) project portfolio of up to 250 MWp. Verbund said that the []

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Cleanmax To Add 33.8 MW of RE Projects With Support From Meta

To invest in 33.8 MW of brand-new renewable energy projects in India, Mumbai-based CleanMax Enviro Energy Solutions (CleanMax) has teamed up with Meta, the worlds largest internet corporation that owns facebook, Instagram and Whatsapp, among other properties.  The projects will feature 21.6 MW of wind and 12.2 MW of solar power systems. The previous year, []

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EBRD Steps-Up Wind Power Generation In Uzbekistan With $520 million Funding

The European Bank for Reconstruction and Development (EBRD) has announced a fresh deal to support Uzbekistans renewable energy through investment in low-carbon technologies to help align the countrys power-sector development with its commitments under the Paris Agreement. EBRD has said that it has arranged two syndicated loans worth $520 million to help construct and put []

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