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EESL Signs Pact With NOIDA to Install EV Charging Stations

EESL has signed an agreement with the NOIDA authority to promote electric vehicles and install public EV charging stations and related infrastructure. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has signed an agreement with the New Okhla Industrial Development Authority (NOIDA) to promote electric vehicles (EV) […]

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Funding Boost for Electric Vehicle Startup Earth Energy EV

Earth Energy EV, an electric vehicle startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. Maharashtra-based Earth Energy EV, an Electric Vehicle (EV) startup has announced that it has raised an undisclosed amount of funding in its latest seed funding round. That was led by LR Joshi, […]

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OLADE, IRENA put RE at Heart of Economic Recovery in LAC

IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […]

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CFM Partners With Ampyr for 138 MW Wind Energy Project in India

CFM has partnered up with Ampyr Energy for the development, construction and ownership of 138 MW wind projects located in the state of Karnataka, India. Climate Fund Managers (CFM), the manager of the Climate Investor One (CI1) financing facility, has announced that it has partnered up with renewable energy developer Ampyr Energy for the development, […]

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L&T Infrastructure Finance Closes $100 Million ECB Loan From AIIB

L&T Infrastructure Finance has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the AIIB. L&T Infrastructure Finance Company Ltd (LTIF) has received the first tranche of 50 million dollars of the total 100 million external commercial borrowing loan from the Asian Infrastructure Investment Bank (AIIB), […]

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ADB Becomes Observer for the Network for Greening the Financial System

ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, […]

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EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects

EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […]

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5.5 GW PV Additions in India in FY21; 15% Decline due to COVID-19: ICRA

According to ICRA, the solar PV capacity additions in FY 2020-21 are expected to remain subdued given the continued execution challenges due to COVID-19. The domestic solar PV capacity additions in FY 2019-20 has remained lower by about 15 percent than the previous estimate of 7-7.5 GW, mainly on account of the disruption in supply […]

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Okaya Bags EV Charger Deal From PGCIL in Meghalaya

Okaya has bagged a contract from PGCIL for over 55 Multi-Standard EV charger (100 kW) and 15 kW DC fast chargers in Shillong, Meghalaya. Okaya, a flagship company of Okaya Power Group has announced that it has bagged a major contract from Power Grid Corporation of India Limited (PGCIL), a Maharatna PSU of Government of […]

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