SUBSCRIBE NEWS LETTER

financing

Lightsource bp Begins Work on California Pollinator Friendly Solar Farm

Lightsource bp has successfully closed on a USD 20 million financing package and mobilised construction on its Wildflower Solar project in California. Lightsource bp, a global leader in solar development, has announced that it has successfully closed on a USD 20 million financing package and mobilised construction on its Wildflower Solar project located in Rio Linda, about […]

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Ontario Wasted Enough Clean Electricity to Power 720,000 Homes in 2019: Report

OSPE has revealed that Ontario wasted a total of 6.5 TWh of clean electricity in 2019 – an amount sufficient to power 720,000 average homes for one year. The Ontario Society of Professional Engineers (OSPE), the voice of Ontario’s engineering community, has released updated data on curtailed (wasted) energy, following its 2019 Retail Electricity Price […]

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Tata Motors and Hyundai Win Bid to Supply 250 EVs to EESL

EESL will procure 250 EVs from Tata Motors and Hyundai Motor India after the two firms were selected through an international competitive bidding process Energy Efficiency Services Limited (EESL), a Super Energy Service Company (ESCO) under the administrative control of the Ministry of Power, has announced that it will procure 250 electric vehicles (EVs) from […]

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Amp Energy India Appoints Surendra Gupta as Director and CFO

Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […]

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Nepal Exported Electricity Worth Rs 60 Crore to India in 2019-20

Nepal has exported electricity worth nearly one billion Nepali rupees to India in the last fiscal year, according to a report published by the NEA. Nepal has exported electricity worth nearly one billion Nepali rupees to India in the last fiscal year, according to a report published by the Nepal Electricity Authority (NEA). During the year, Nepal was able to export electricity worth 95 […]

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IndiGrid Completes Acquisition of GPTL Transmission Project for Rs 1080 Cr

IndiGrid has completed the acquisition of the GPTL transmission project from Sterlite Power at an enterprise value of Rs 1080 crore. The India Grid Trust (IndiGrid), India’s leading infrastructure investment trust, has announced that it has completed the acquisition of another transmission asset – Gurgaon Palwal Transmission Limited (GPTL), from Sterlite Power at an enterprise […]

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Unlikely That India Will Match Record-Low Gulf Solar Tariffs: Report

A new report finds it is unlikely that India will be able to overtake the Gulf region to provide the world’s cheapest solar power in the near term. A number of countries in the Gulf region have set record-low prices for solar in recent years, leading to hopes that India and other countries may soon be able […]

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Flipkart Pledges to 100 Percent EV Fleet by 2030

Flipkart has announced it is committing to a phased integration of electric vehicles (EV) into its entire fleet (directly owned or leased fleets) by 2030. Flipkart has announced its commitment to transition to electric vehicles (EV) by joining the Climate Group’s global electric mobility initiative, EV100. As a part of this commitment and to support […]

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TERI Makes the Case for Rs 40 Lakh Crore Green Stimulus

TERI has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in green energy projects over the next 10 years The Energy and Resources Institute (TERI) has proposed to revive the Indian economy by exploiting the potential of around Rs 40 lakh crore in clean energy projects over […]

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