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Fortum Divests 500 MW Indian Solar Assets To Investor Actis

Actis, the global emerging markets investment firm focused on the private equity, energy, infrastructure, and real estate asset classes is acquiring 500 MW assets of Finnish firm Fortum in India. The news was first reported in business daily, Economic Times. Actis has a growing portfolio of investments across Asia, Africa, and Latin America and US$12 […]

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NTPC Q4 results Strong, Renewables Take Centre Stage for Future

NTPC ended fiscal year 21 with a renewable capacity of 1.86GW, aims for 60GW by 2032 NTPC Limited, announced its Q4FY21 numbers on Saturday. The state-owned power company reported strong results, partly due to the base effect of low power demand from last year’s Covid hit demand. In the previous fiscal year, net profits were […]

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Amit Jain takes Over As Global CEO At Sterling And Wilson Solar

India-based Global Solar EPC leader Sterling and Wilson Solar Limited (SWSL) / Company) (BSE Scrip Code: 542760; NSE Symbol: SWSOLAR), has announced the appointment of Amit Jain as Global CEO. He succeeds Bikesh Ogra, who relinquished the position with effect from 31st May 2021. Ogra will continue as a Director on the Board of the […]

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GGGI to Build 250 MW Solar Plant Along Mumbai-Nagpur Superhighway

With its rapid economic growth and increasing demand for energy services, India is well-placed to invest more in clean, cheap reliable sources of energy, particularly in the solar sector. However, this potential remains largely untapped. The Indian government has set a goal of 100 gigawatts (GW) of solar power capacity by 2022, but it had […]

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Wind-based Electrification Will Drive Europe to Net Zero: WindEurope

Electrification is the most cost-effective way to decarbonise Europe’s economy according to a report from ETIPWind and WindEurope out today. Wind energy will lead the process: the EU sees it being half of Europe’s electricity by 2050. With the right investments in grids and technology, the combined rate of direct and indirect electrification will be […]

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Fiat To Become Electric Only Vehicle Maker by 2030

Iconic Italian automaker Fiat Automobiles has announced plans to shift completely to making electric vehicles (EV)  by the year 2030. Fiat also plans to phase out all ICE (internal combustion engine) vehicles by the beginning of 2025. Speaking of electric mobility at Fiat, its CEO, Mr. Olivier Francois was quoted as saying by Engadget, “It […]

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Zomato Deliveries To Be 100% Electric Powered by 2030

Gurugram based Food delivery giant, Zomato has taken a key step towards its sustainable future goals. As part of its environmental projects to offset its delivery carbon footprint, Zomato has announced committing to 100 percent adoption of electric vehicles (EVs) for deliveries by 2030, on World Environment Day (June 5). The firm is also on […]

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Volkswagen Delivers E-Cars to Greek Island of Astypalea

The German automaker, Volkswagen has delivered eight electric vehicles to the Greek island of Astypalea on Wednesday, to put the island is on course to become a smart, sustainable island over the next five years.   This move is a part of a mission ‘Greece 2.0’ of the Greek Government, this mission aims to transform the […]

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Yulu Bikes Claims 2.5 Times Growth During Lockdown

When businesses all across the country suffered due to Covid-19 imposed lockdowns, one electric mobility company claims it grew , and played its part in helping covid warriors. We are talking about Yulu bikes, that enables urban mobility across public and private modes of transport seamless, shared, and sustainable, through its user-friendly mobile app. We […]

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