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Pre-Series A Financing Led by Inflection Point Ventures Raises 11.5 Cr for Buyofuel

Tamil Nadu-based online marketplace for alternative fuels, Buyofuel has raised more than Rs 11.5 crore in a Pre-Series A round led by Inflection Point Ventures, a Gurgaon-headquartered angel investing platform. Venture Catalysts, LetsVenture, Lead Angels Fund, and Gruhas Proptech participated in the round. The funds raised will be used to develop product offerings, technology, and []

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Tata Power Solar & Union Bank Collaborate to Finance Rooftop Solar for MSMEs

One of Indias oldest and largest public sector banks, Union Bank of India (UBI) has partnered with Tata Power Solar Systems Limited (TPSSL) to support the MSME (Micro, Small, and Medium Enterprises) sectors transition to solar energy (Finance Rooftop Solar). Tata Power Solar Systems Limited (TPSSL) is a wholly-owned subsidiary of Tata Power Renewable Energy []

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EY Index Says Volatile Conditions Accelerate Global Renewables Market

EY has released its latest index Renewable Energy Country Attractiveness Index (RECAI 60) that shows that governments around the world are accelerating their renewables programs to help reduce their reliance on imported energy, in the face of continuing geopolitical tensions and economic uncertainty. RECAI 60 ranks the worlds top 40 markets on the attractiveness of []

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Switzerlands Pexapark, Swedens AFRY Develop Valuation Framework for RE Investments

 AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the markets first Daily Valuation Curve. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a []

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Manager Supply Chain India

Supply Chain Manager is responsible for Sourcing & procurement of equipment, goods and services and managing vendors. This position will manage reliable and cost-effective supply chain strategies to deliver the materials, equipment, supplies and service to the manufacturing and business operations. This position works closely with Manufacturing, Logistics, Quality, Engineering and Finance. ACTIVITIES:- Monitor and []

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KKRs Subsidiary IndiGrid Records Strong Growth with Q2 FY23 Revenue up 6% YoY

IndiGrid [BSE: 540565 | NSE: INDIGRID], which claims to be the first Infrastructure Investment Trust (InvIT) in the Indian power sector has announced its results for the quarter ended September 30, 2022. The consolidated revenue for the quarter was up 6% YoY in Q2 FY23 to 5,807 million while the consolidated EBITDA also increased []

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The Top 5: Expectations From COP 27

On Nov 7, at the ongoing World Leaders Summit at COP27, UN Secretary-General Antonio Guterres unveiled the Early Warnings for All Action Plan, in a bid to ensure early warning systems to the communities least developed countries and small island developing states still not covered with early warning systems. The plan calls for []

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious []

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Jindal Power Invites Bids for 150 MW Mono PERC Modules for Solar Projects

Jindal Power has invited bids for 150 MW of MONO PERC solar modules for installing solar projects in various locations across infrastructure owned by Jindal Power in Odisha and Chhattisgarh. The last date for submitting the online bid is November 15, 2022, and bids will be opened on the same day. This Jindal Power 150 []

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