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energy investments

MNRE Gets Approval For Rs 454 Crore Spends To Support Renewables for the Next 5 Years

The approvals, covering the period 2021-22 to 2025-26, have all been communicated this week. Covering the areas of supporting research and development (Rs 228 crores), Public Awareness (Rs 26 crores) and Human Resources Development ( Rs 200 crores), the idea is to provide the MNRE with funds to achieve key objectives. While readers will be […]

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US Firm AES Unveils New Solar Installation Robot

AES Corporation has launched Atlas, a new solar installation robot. “Atlas represents a major advance in solar energy technology, making it faster, more efficient and safer to construct new solar facilities,” said the company. Atlas was designed by AES through a multi-year innovation process and built in cooperation with Calvary Robotics and other third parties. […]

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GoodWe Adds Top Altman-Z Score To Strengthen High Bankability Status

In few industrial sectors is the financial strength of every supplier taken as seriously as it possibly is in the case of solar energy. For the young sector, where projects are routinely expected to last 25 years, with minimum product warranties starting at 5 years, suppliers bankability has always been a selling point with financiers. […]

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Green Hydrogen Powered India: From Vision to Reality

Announcements of grand plans by Mukesh Ambani and Gautam Adani, and the partnership between L&T and ReNew have added serious ability behind the intent to produce green hydrogen in India  The fact that India is not an energy self-reliant economy is well-known. Just a few weeks ahead of the Glasgow Summit, in August’21, Prime Minister […]

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CellCube’s Flow Batteries Recieve Munich Re’s Bankable Insurance

A contractual partnership with Munich Re (Muenchener Rueckversicherungs-Gesellschaft AG) equips Enerox GmbH (CellCube) with the option to offer their vanadium redox flow batteries (VRFBs) including a bankable insurance to guarantee for product and performance accuracy, CellCube announced in a recent statement. Under its trademark ‘CellCube’ the Austrian based Enerox GmbH develops, manufactures and distributes vanadium […]

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Enel To Start Selling Electricity Directly To Consumers In Australia

Giving a boost to its plans on offering its unique “green-tailer” product in Australia, Italian energy major Enel Group has secured an energy retail license from the Australian Energy Regulator (AER). As a part of its offering, Enel combines renewables from virtual power plants to EV charging options for its customers. The entry of Enel […]

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A Space to Watch Out for: EV’s Impact Rests on the Way it is Marketed!

The EV segment is poised to follow a high growth curve in the India market. A positive investment outlook and aggressive marketing strategies are expected to shape the Indian EV growth story over the next three years. Some Highlights: “Projections by the India Energy Storage Alliance (IESA) estimate that the Indian EV market will grow […]

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French Firm Newheat Raises €7 M for Renewable Heat Development

French renewable heat supplier Newheat has announced the completion of a €7 million fundraising to support its development of renewable heat in France and internationally. Under this fundraising, Bpifrance bank is investing via its FIEE fund dedicated to energy and environment, alongside Newheat’s main original shareholders Noria and Etchart. Newheat offers decarbonization solutions for large […]

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L&T, ReNew Partner to focus on Green H2 Biz in India

Indian engineering conglomerate Larsen & Toubro (L&T) and green energy company ReNew Power (ReNew) are partnering to jointly develop, own, execute and operate green hydrogen projects in India. S N Subrahmanyan, CEO & MD of Larsen & Toubro, said, “This partnership with ReNew is a significant milestone in the journey towards building a green energy […]

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