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energy investments

Revolutionizing EV Charging: Is India Ready to Accelerate Into The Future With V2G?

Vehicle-to-grid (V2G) technology marks a transformative phase in the intersection of Electric Vehicles (EVs) and power grids. This cutting-edge system allows electric vehicles to draw energy from the grid for charging and feed stored energy in vehicle batteries back into the grid when needed. V2G, often associated with bidirectional charging, establishes a dynamic relationship where […]

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Biden Extends Support To Made-in-America EV Charging Network

United States (US) President Joe Biden made a recent announcement of vetoing a law that waived the American requirement for purchasing electric vehicles (EVs). While extending support to ‘Investing in America Agenda’ the President said in a press statement that, he “pledged to veto this resolution, which would hurt American workers, undermine domestic manufacturing, and […]

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Cleantech Solar Inducts Ritesh Singhi As Country Manager, India

– Cleantech Solar, a leading provider of renewable energy solutions to corporations in India and Southeast Asia, proudly announces the appointment of Ritesh Singhi as their Vice President and Country Manager – India. With an extensive background spanning nearly three decades of experience in business operations and management, Singhi brings comprehensive expertise in operations management, […]

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GameChange Solar Opens 2.5 GW Tracker Plant In Brazil

GameChange Solar (GCS), a leading global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants, announced the opening of a new factory, training, service, and technical support center exclusively for its Genius Tracker™ solar trackers in Feira de Santana, Bahia, Brazil. The Brazil factory, located in Feira de Santana, Bahia, started trial runs in […]

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Inflation Reduction Act to create 67,000 jobs & $2 billion income in rural US: Report

Inflation Reduction Act was signed into law in the United States in August 2022. The act aims to set newer policy measures to reduce carbon emission, improve healthcare and taxpayer compliance. It also allocates money directly to environmental justice priorities. According to McKinsey, the Inflation Reduction Act is the third piece of legislation in the […]

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India Has Around 32 GW of RE Projects Under Bidding Stage: RK Singh

Union Minister of New and Renewable Energy RK Singh said in a press conference that no country could excel without sufficient power. “The power shortage in India has come down from around 4.5% in 2014 to less than 1% today,” he said.  He added, “Electricity is the most important infrastructure, which is a sine qua […]

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AIIB Invests In Eight Solar Projects Of 1.54 GW With Mahindra Susten

The Asian Infrastructure Investment Bank (AIIB) a multilateral development bank has invested Rs 4.86 billion (around USD $58.4 million equivalent) in renewable energy Infrastructure Investment Trust (InvIT). InvIT (Sustainable Energy Infra Trust or SEIT), has eight operating solar power generation assets of 1.54 gigawatt (GW)-peak total capacity located in India. SEIT is co-sponsored by Mahindra […]

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Europe Adds 4.2 GW Offshore Wind in 2023; Up 40% From 2022

WindEurope – a premier association promoting wind energy in Europe – held that year 2023 witnessed a record 4.2 GW of new offshore wind farms come online in Europe. This was a 40 percent increase compared to the corresponding figures from 2022. The agency said that €30 billion of new investments were confirmed in 2023 covering […]

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Biden Admin Awards $623 Million To Shore Up EV Charging Network In US

Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […]

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