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Tata Launches I Have the Power Campaign to Create Green Awareness

Tata Power has launched a nation-wide campaign I Have the Power to create awareness on the green choices it provides to todays customers. India, as a growing and developing nation, faces an enormous challenge of growing fast and responsibly like other emerging economies. This issue of our time needs to be addressed since climate change []

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Magenta Power Opens its First R&D Centre in Navi Mumbai

Magenta Power has announced that it has opened its first R&D Centre, the national centre for Magentas facilities in Navi Mumbai Mumbai based, Magenta Power (ChargeGrid), a leading EV charging solutions provider, has announced that it has opened its first R&D Centre, the national centre for Magentas facilities in India. The new facility will help []

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Bank of America Extends Rs 356.5 cr LOC to Fourth Partner Energy

Distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) LOC from the Bank of America. Hyderabad-based distributed solar energy solutions provider Fourth Partner Energy has received a USD 50 million (Rs 356.5 crore) line of credit (LOC) from the Bank of America. This is Bank of Americas []

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Punjab in Talks With Japan for Launching Electric Buses

The Punjab government is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries The Punjab government has informed that it is in talks with Japan to launch electric buses based on the Japanese model of state-of-the-art quick charge lithium-ion batteries in the state. The project will begin with []

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In Conversation with Sudhir Aggarwal and Shival Garg of Patanjali Renewable Energy

 Patanjali Renewable Energy Pvt Ltd is a manufacturer of solar photovoltaic (PV) modules, solar street lights, solar water pumps, solar inverters, solar home lighting solutions etc. The company is also operating its retail chain called Patanjali Urja Kendras in different parts of the country. It is also planning to venture into the Electric Vehicle []

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French Energy Major EDF Bets on Storage With Pivot Power Buy

French utility EDF continues to invest in a future where it expects storage to play a critical role, by acquiring UK battery storage firm Pivot Power. For EDF, the acquisition is another step in its effort to become a large scale storage firm. The takeover of Pivot Power also follows EDFs acquisition in September 2018 []

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CCI Okays Hyundai, Kias Stake Buy in ANI, Ola Electric

The Competition Commission of India (CCI) has provided its nod for the acquisition of shareholding by Hyundai Motor and Kia Motors in Ola Electric Mobility and ANI Technologies. The Ministry of Corporate Affairs said in a statement that, CCI approves the acquisition of shareholding in ANI Technologies Pvt Ltd (ANI) and Ola Electric Mobility Pvt []

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To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL

Governments, businesses and society as a whole need to change the prevailing mindset from business-as-usual to business-as-unusual to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, theres a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization []

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ADB Invests Rs 704 Crore in Thai Green Bond

ADB will invest Rs 704 crore in Energy Absolutes green bond, proceeds from which will support the financing of the 260 MW Hanuman wind farm in Thailand. The Asian Development Bank (ADB) will invest 3 billion Thai baht (Rs 704 crore/ USD 98.7 million) in Energy Absolutes maiden green bond issuance, proceeds from which will []

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