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energy investments

Japan’s Mitsui Invests Rs 100 Crore in SmartE

SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore from Japan’s Mitsui and Co. SmartE, a Delhi-NCR based electric mobility startup, has raised Rs 100 crore in funding from Japan’s Mitsui and Co. The e-mobility service provider, which is a subsidiary of Treasure Vase Ventures, has raised the amount as a part […]

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Iberdrola to Develop 114 MW Wind Project in Spain

Iberdrola has joined forces with a local credit agency to develop the Buniel wind farm with 114 MW of installed power. Spanish wind major Iberdrola has joined forces with local credit agency Caja Rural de Soria to develop the Buniel wind farm (Burgos) with 114 megawatts (MW) of installed power. The energy company and the […]

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Top 10 Turbine OEMs to Spend €2.3 bn on R&D by 2023

A new report has revealed that the R&D expenses among the world’s top ten wind turbine OEMs is expected to increase to € 2.3 billion by 2023. A new report has revealed that the research and development (R&D) expenses among the world’s top ten wind turbine original equipment manufacturers (OEMs) is expected to increase to […]

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Private e-2 Wheelers Also Covered Under Phase-II of FAME: Arvind Sawant

The scheme aims to support via subsidies about 7,000 e-Buses, 5 lakh e-3 Wheelers, 55,000 e-4 Wheeler Passenger Cars and 10 lakh e-2 Wheelers. In order to further boost electronic public (e-public) transport in the country, the government has taken various initiatives under the second phase of FAME India Scheme (Faster Adoption and Manufacturing of […]

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IFC Lends $35 mn to Promote Green Projects in Costa Rica

IFC has signed a loan of US$ 35 million to incentivise the issuance of a green bond by Davivienda Costa Rica, the third largest private bank in Costa Rica The International Finance Corporation (IFC), a member of the World Bank Group, has signed a loan of US$ 35 million to support and incentivise the issuance […]

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TP-DDL Organises Event in North Delhi to Promote Rooftop Solar

In line with the Delhi Government’s Solar Policy Initiatives, TP-DDL organized ‘Solarize Shakurbasti’, a locality in North Delhi with nearly 10,000 houses In line with the Delhi Government’s Solar Policy Initiatives, Tata Power-DDL (TP-DDL) organized ‘Solarize Shakurbasti’, a prominent area in North Delhi with more than 10,000 houses.  Power Minister of the government of NCT […]

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Ørsted and Equinor big Winners in New York’s 1.7 GW Wind Solicitation

NYSERDA has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects in the New York’s first offshore wind competition. The New York State Energy Research and Development Authority (NYSERDA) has selected two preferred bidders in the 880 MW Sunrise Wind and the 816 MW Empire Wind projects […]

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CleanCapital & CarVal Acquire 75 MW Solar Portfolio, Close on $300 mn Debt Facility

CleanCapital announced its largest acquisition, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. CleanCapital announced its largest acquisition to date, a 75.2-megawatt solar portfolio made up of 15 operating solar projects in New Jersey. This is the fourth in a series of acquisitions made through CleanCapital’s $250 million investment […]

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Georgia Power Gets Approval for 2260 MW RE Projects

Georgia Power 2019 IRP includes energy storage projects, 2,260 MW more renewable generation by 2024, and approval of its environmental compliance strategy Georgia Power 2019 Integrated Resource Plan (IRP), which was unanimously approved by the Georgia Public Service Commission (PSC), includes energy storage projects, 72 percent (2,260 MW) more renewable (solar, wind and biomass) generation […]

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