SUBSCRIBE NEWS LETTER

energy investments

America’s Ampliform To Employ Nevados Solar Tracker In Its Portfolio

In a key development to step up RE expansion in the US, solar tracker company Nevados Engineering, Inc. has signed a strategic partnership and long-term agreement to supply its integrated technology platform of all-terrain solar trackers and energy optimization software to solar power projects developer Ampliform. Nevados said that Ampliform has standardized on the its […]

Read more

Domestic Solar Manufacturing Bodies Get Behind ALMM

Speculation about the government granting exemption, or ‘grandfathering’ certain projects bid out till early 2021 from complying with the Approved List of Module Manufacturers (ALMM) stipulation, has been gaining pace. With some noted sources going as far as predicting it, multiple domestic solar manufacturer led bodies have found it opportune to put their weight behind […]

Read more

Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding

Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […]

Read more

TotalEnergies Sells Renewable Projects to Crédit Agricole Assurances

French renewable energy major TotalEnergies has announced that it is selling 50% of a 234 MW portfolio of renewable projects to Crédit Agricole Assurances as part of its strategy of profitable growth in renewable energies. The official statement from TotalEnergies reveals that the portfolio being sold includes 23 solar power plants with a capacity of […]

Read more

Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver

Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […]

Read more

Budget 2023 Offers No Surprises, Focus On Continuity

With the budget presented, it’s time to make a quick assessment of what it had for the renewable energy sector. With Green growth made a key pillar of the 7 focus areas for the government, it does seem like the government is looking at a broader push like enabling ease of doing business, skilling, rather […]

Read more

Amazon Adds Record 8.3 GW of Renewables in 2022

Global e-commerce giant Amazon has added a remarkable capacity of 8.3 GW in 2022 in terms of renewable energy. The company has made these additions through 133 new projects in 11 countries. The official statement, the company held that now the total portfolio is over 20 GW which is enough to power 5.3 million U.S. […]

Read more

Economic Survey 2022-23: India a Hotspot for Investment in Renewables & Other Observations

The Economic Survey 2022-2023 has made some important observations about the trajectory of renewable energy sector and transition to clean energy sources. Here are some key observations- Inching towards installed capacity from clean sources The Economic Survey notes that India has already achieved the feat of having 40 per cent of installed electric capacity from […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll