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energy storage

Ather Energy Drives Into Bihar With Experience Centre In Patna

Bengaluru-headquartered electric scooter manufacturer, Ather Energy has opened its first experience center, Ather Space, in Rukanpura, Patna, and has begun selling its products in Bihar. Ather Space, which was established in partnership with Alankar Energy, would provide test rides and purchases of the recently released Gen 3 versions of its flagship scooters, the Ather 450X, […]

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Renewable Power Capital, Eelpower Form JV for 1 GW Storage In UK

Renewable Power Capital (RPC), a pan-European renewable energy investment platform backed by CPP Investments, has announced that it has entered into the battery storage market in Great Britain, in partnership with Eelpower, the UK specialist battery storage company. The official statement by RPC held that the new joint venture will acquire, build and operate utility-scale […]

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Green Markets: Playing a Pivotal Role in Renewable Energy Integration

The Indian power sector is undergoing a paradigm shift with rapidly increasing renewable capacity addition in the system. Renewable electricity generation has seen over 15 per cent compounded annual growth rate over the last few fiscal years (2016-17 to 2021-22) vis-à-vis a total growth of around 3.5 per cent. The country now boasts of a […]

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Actis’ BluPine Energy Buys 404 MW of Solar Power Assets from Atha

Delhi-based renewable energy and storage solution provider company, that is 100% backed by global investment firm Actis Llp, BluPine Energy has purchased 404 MW of solar power assets from Atha Group, a private equity corporation headquartered in London. The enterprise value of the solar assets owned by Atha in this transaction is close to Rs. […]

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Co-Development of Renewable Energy Projects by French Firm Voltalia in Uzbekistan

The Uzbekistan government and the French renewable energy company, Voltalia have agreed to jointly build renewable energy projects with a combined output of between 400 MW and 500 MW. As part of the cooperation, 60MW/240 MWh of battery storage, 200 MW of solar, and 200 MW of wind capacity, will all be developed. The Voltalia […]

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Energy Transition Firm Transition VC Floats First Fund Worth Rs 400 Cr

Bengaluru-based first venture capital firm dedicated to energy transition, Transition VC, has launched its first fund with a target corpus of Rs 400 crore and a greenshoe option of Rs 200 crore. Transition VC will invest in seed rounds of firms in a variety of transitioning industries, including new energy, e-mobility, green hydrogen, energy storage, […]

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Yakult Danone India Adopts its First Global Solar Plant with SunSource Energy

Yakult Danone India Private Limited, an Indian food firm with headquarters in Delhi, recently announced the successful commissioning of the Yakult Group’s first solar plant erected at their cutting-edge production site in Haryana, India. Noida-based solar & storage solution provider company, SunSource Energy is the company behind the solar project. This solar power facility was […]

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Ontario Teachers’ to Invest $805 Mn of NextEra’s Renewable Energy Projects

Ace global investor Ontario Teachers’ Pension Plan Board  (Ontario Teachers’) has said that it has signed an agreement to invest approximately $805 million in a convertible equity portfolio financing with NextEra Energy Partners. Ontario Teachers’ said that it is committed to the investment as part of the sale of renewable energy assets from NextEra Energy Resources, […]

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Ahmedabad’s Matter Energy Unveils Geared Electric Motorcycle

A geared electric motorcycle was unveiled by Matter Energy, an Ahmedabad-based provider of integrated energy solutions. Orders will soon be accepted, and delivery will start in April 2023. For the geared electric motorcycle, the firm has great hopes. In addition to exporting to markets in Asia, Africa, and Latin America, it intends to open 200 […]

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