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Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility

Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […]

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Vikram Solar Signs MoU to set up 3 GW Manufacturing Facility in Tamil Nadu

Vikram Solar intends to set up a 3 GW solar manufacturing facility in Tamil Nadu, after it signed a Memorandum of Understanding with the state government. Kolkata-based solar energy module manufacturer and solutions provider – Vikram Solar has announced that it is planning to set up a 3-gigawatt (GW) solar manufacturing facility in Tamil Nadu, after it […]

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Electricity Demand in India to Shrink by 5-6% in FY21 due to COVID: ICRA

With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 to 6% in FY2021 With the re-imposition of lockdown restrictions in many parts across the country, the all India electricity demand is likely to decline by 5 percent to 6 percent in […]

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Electric Scooter Firm Okinawa Planning to Expand Dealership Network

Electric scooter manufacturer Okinawa has announced that it is planning to aggressively expand its dealership network in the current and next fiscal years. Electric scooter manufacturer Okinawa has announced that it is planning to aggressively expand its dealership network in the current and next fiscal years. The company is working towards the goal of reaching […]

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RK Singh Launches First-of-its-Kind EV Charging Plaza in Delhi

With a focus on enhancing energy efficiency and promoting e-mobility, RK Singh has inaugurated India’s first public EV charging plaza in New Delhi. With a focus on enhancing energy efficiency and promoting e-mobility, Union Minister for Power, New & Renewable Energy, RK Singh on July 20, 2020, inaugurated India’s first public EV (Electric Vehicle) charging […]

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Hitachi ABB Power Grids Launches ‘Grid-eMotion’ EV Charging System

Hitachi ABB Power Grids has launched its new grid-to-plug EV charging system – Grid-eMotion Fleet, that delivers a step-change approach for public transport and commercial operators. Hitachi ABB Power Grids has launched its new grid-to-plug EV charging system – Grid-eMotion Fleet, that delivers a step-change approach for public transport and commercial operators. The smart mobility […]

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Buoyed by Offshore Wind, Renewable Investments in 1H 2020 Climb 5%: BNEF

Renewable investments showed great resilience in the first half of 2020 against the economic slowdown due to the COVID-19, thanks to offshore wind energy. Renewable energy capacity investments showed great resilience in the first half (1H) of 2020, in the face of the unprecedented economic shock caused by the coronavirus pandemic, according to the latest […]

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100 Percent Carbon Free by 2035. The Democrat Offer For Renewable energy

Perhaps the least talked about, but most significant promises being talked up as the US presidential elections campaign warms up is the democrat push for 100 percent carbon free power production by 2035. The plan easily overshadows comparable targets for all other countries in the G20, and if implemented with even limited success, cold change […]

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Now Punjab Wants to Tear Up Solar Contracts

Even as the issues from Andhra Pradesh are still to be resolved, comes the news of Punjab State Power Corporation Limited (PSPCL), the key state discom, pushing for a 10 percent discom from solar power producers. PSCL’s logic? The hit to collections during the Covid-19 pandemic, and the amazing argument that while determining the rate, […]

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