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Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing

Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […]

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Stargate Hydrogen Launches Next-Gen Gateway Electrolyser Product Family

Estonia-based Stargate Hydrogen, a developer of electrolysis technology, has launched its Gateway product family, comprising of containerized green hydrogen production systems of up to 10 MW in size. Addressing the Problem Statement Stargate Hydrogen is addressing the problem of high levelized cost in hydrogen production via electrolysis. While alkaline technology is the most reliable and […]

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Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy

UK-based  wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […]

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Germany’s Nordex Group to Supply 82-MW Turbines to Landwind Group

Leading European wind turbines manufacturer Nordex Group has announced that it has received an order for 81.6 MW from the Landwind Group. The Nordex Group will supply 12 N163/6.X turbines that will be distributed among four wind farm sections in eastern Lower Saxony, Germany. Nordex Group held that the order also includes premium service for […]

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Rising EV: The State Of EV Sector In India

India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […]

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Draft National Wind Repowering Policy 2022 Finally Out

The Ministry of New and Renewable Energy (MNRE) has finally come out with its draft policy for Wind Repowering. The move is significant, and potentially a game changer for the sector considering the possible impact it can have on existing wind energy capacities. Wind energy capacity in India, as of August 2022, was at 41.4 […]

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UAE Gets its First Solar-Powered Car

Before being on sale formally next year, the world’s first solar car that is ready for production has landed in the United Arab Emirates (UAE). The Lightyear 0 will run on solar energy, and its creators claim that driving it for months at a time without recharging is possible. The Sharjah Research, Technology, and Innovation […]

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Singapore’s LNG Alliance Sets Up Business Unit in India for New Energies

Singapore-based LNG Alliance has said that its affiliate Carbon Governance has established a new business unit Linga New Energies in Chennai, Tamil Nadu, India to serve as a leading-edge technology hub for green hydrogen. LNG Alliance said in its official statement that the key focus of the new company will be new energies project developments […]

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