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energy investments

NIIF’s India-Japan Fund To Invest Rs. 400 Crore In Mahindra Last Mile Mobility

Indian automotive company Mahindra & Mahindra Ltd. (M&M) and India-Japan Fund (IJF), a fund managed by National Investment and Infrastructure Fund Limited (NIIF) have executed a binding agreement for IJF to invest Rs. 400 Crore in Mahindra Last Mile Mobility Limited (MLMML). It claimed to house M&M’s last-mile mobility business including three wheelers (Alfa, Treo, […]

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GE Vernova Gets 2.4 GW Turbine Order For Biggest Mexican Wind Project

GE Vernova has signed a new equipment and long-term services deal with Pattern Energy to supply 674 units of 3.6-154 wind turbines. The order is enough to  generate more than 2.4 GW of power at the SunZia Wind project in New Mexico. SunZia Wind, which is expected to be the largest wind project in the […]

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CEEC, Arctech Partner To Launch 400MW Solar Project In Uzbekistan

Global solar tracking company Arctech announced that its SkyWings single-axis solar trackers have enabled the on-schedule grid connection of the first 400 MW phase of China Energy Engineering Group’s (CEEC) 1GW solar project in Uzbekistan.  The country reportedly utilized 97 percent of its renewable energy potential. Uzbekistan is spearheading an ambitious energy transition strategy to achieve carbon neutrality by 2050. As a […]

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€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal

The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […]

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Private Sector Specialist (P3)

The Private Sector Specialist will support the ISA through the collection, analysis, and presentation of data on renewable energy (solar) investment needs and opportunities specifically in relation to private sector contributions and engagements in solar energy. The Private Sector Specialist will be responsible for leading the private sector engagement activities of ISA. The Specialist will […]

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Could These Be Solar’s 5 Biggest Threats?

Solar has had a lot of time in the limelight, from being heralded as the energy source of the future to being the number 1 pick for home installation. However, a few other sources of energy have slipped under the radar and we’re here to talk about them for their potential to disrupt the rise […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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MHI Extends PLI Scheme For Automobile and Auto Components By A Year

The Ministry of Heavy Industries (MHI) in its gazette notification announced an extension of the tenure of the Production Linked Incentive Scheme (PLI) for Automobile and Auto Components by one year. This decision was made after receiving the approval of the Empowered Group of Secretaries (EGoS). Auto manufacturing remains the core of India’s manufacturing base, […]

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The Rise of Community Solar Initiatives Brightening Sustainable Future

Swati Singh, Product Marketing Manager of Oorjan Cleantech  Dayanita was born in the rural agrarian and fishing community of Hill Kaka, a remote hamlet in Poonch district, that’s almost cut off from the rest of India. At 19, she has never seen a light bulb lit up in her home. The rocky terrain, coupled with […]

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