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HPCL Requests EoI For Acquiring Green Energy Assets with Minimum 50 MW Capacity

State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is []

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Tata Motors Ends Introductory Pricing For Tiago EV, New Price List Out

Indias leading EV maker and seller Tata Motors has announced the new price of the Tiago.ev and brings the launch pricing offered to its first 20,000 customers to an end. According to the official release by Tata Motors, Tiago.ev now starts at Rs 8.69 Lakh (All India Ex-showroom price). It said that this price []

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D-REC Seeks To Build a Viable Market Mechanism For Distributed Renewable Energy, Rural Electrification

D-REC, a Switzerland based not-for-profit initiative to deliver internationally recognised guarantees of origin for distributed renewable energy, has announced its results for 2022, with over 300,000 MWh secured in annual and multi-year deals across a diverse range of global corporations. The D-REC can be incorporated as a complementary tool in a corporate renewable energy purchasing []

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India Energy Week: Important Announcements, Intriguing Innovations

On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- Karnataka has highest number of EV; is highest RE manufacturer Karnataka Chief Minister Bommai has said that Karnataka has 15,000 MW worth of in-stand renewable []

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CIP, Amberside Energy Partner For 2 GW Solar Plus Storage Project in UK

Solar energy and storage projects developer Amberside Energy has partnered with Copenhagen Infrastructure Partners (CIP) for the development of 2 GW of solar and battery storage projects in the United Kingdom (UK). CIP is working on behalf of its flagship funds. The official statement of CIP held that under the terms of the partnership, Flagship []

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Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time BNEF

Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called  Energy Transition Investment Trends 2023, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in []

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HOP Electric Launches E-Scooter LEO Priced Below Rs 1 Lac

Leading electric two-wheeler manufacturer, HOP Electric, has launched the a high-speed variant of its best-selling electric scooter, HOP LEO. HOP Electric says that the launch of the new e-scooter further reinforces HOP Electrics aim to offer cost effective mobility to customers as it is priced below 1 lac. Consumers can purchase this electric two-wheeler at []

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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil

Global renewable player Atlas Renewable Energy has secured a loan of $210 million from Brazils Banco Nacional de Desenvolvimento Econômico e Social (BNDES) to finance its Boa Sorte solar project which is of 438 MW in capacity. Atlas said that this marks the first time that BNDES has executed a US dollar-indexed loan to a []

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