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energy investments

India’s Data Centre Boom Opens Up A Fresh Segment For Green Developers

By-Tej Prakash Bharadwaj & Manish Kumar   Notwithstanding the sluggish growth of data centres in India in the early 2000s, the advent and popularity of AI means that the data center sector in India is now set for a significant expansion matching its status as a regional power.  With a total capacity of around 1,000 Megawatt […]

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e-Zinc Secures USD $31M in Series A2 Funding to Advance Commercialization

e-Zinc, the Toronto-based company enabling sustainable, long-duration energy storage with its zinc-air battery, has announced it has raised an additional USD $31 million in follow-on funding to its $25 million Series A round. This oversubscribed Series A2 round was led by Evok Innovations, with additional investments from Mitsubishi Heavy Industries, Export Development Canada (EDC), and Ultratech Capital Partners. e-Zinc’s […]

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Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL

The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […]

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BII, Symbiotics Launch Second Green Basket Bond Across Asia, Africa

British International Investment (BII), a UK-based development finance institution (DFI) and impact investor committed $75 million to the second ‘green basket bond’ arranged by Symbiotics Investments, a financial lender. The green lending program is expected to increase financing to small-scale green projects across Africa and South and South-East Asia through MSME lenders. This project particularly […]

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Renewables Can Cut 17% of India’s Heavy Industry Emissions: Ember

A new report from the energy think tank Ember highlights the crucial role of renewables-based electrification in avoiding 17% of the anticipated carbon emissions from India’s heavy industry by 2030. This report indicates possible near and long term strategies to smash emissions as India negotiates with the EU bloc on mechanisms to comply with the […]

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JSW Steel USA Plans To Invests 110 Mn To Upgrade Offshore Wind Projects

JSW Steel USA, a subsidiary of JSW Steel Ltd., plans to invest US $110 million in steel plate mill modernization projects with sustainable technology and equipment. The company plans to invest in its manufacturing facilities in Baytown, Texas. These investments are expected to enable the production of high-quality monopile steel plates to support the US […]

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Amara Raja To License Gotion’s LFP Technology For Lithium Ion Cells In India

Amara Raja Advanced Cell Technologies Pvt. Ltd (ARACT), a wholly owned subsidiary of Amara Raja Energy & Mobility Ltd (ARE&M), one of India’s leading battery manufacturers, has signed a technical licensing agreement with GIB EnergyX Slovakia s.r.o., a subsidiary of Gotion High-Tech Co Ltd. As part of the agreement GIB EnergyX will license Gotion’s world […]

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Assistant General Manager – Business Development (Solar O & M)

To support Solar ISP in the domain of bidding, new customer acquisition and development for processes for improving functional effectiveness of tasks associated with O&M to help achieve KPIs of the department. Roles and Responsibilities:- Responding to RFPs for O&M Services: Craft compelling proposals in response to Requests for Proposals (RFPs) for O&M services, ensuring […]

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Cabinet Approves Viability Gap Funding For Offshore Wind

The Indian Union Cabinet chaired by Prime Minister Narendra Modi recently approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects. The total outlay of the scheme stood at Rs 7,453 crore. The fund included an outlay of Rs 6,853 crore for the installation and commissioning of 1 GW of offshore wind energy […]

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