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financing

Hero Electric Partners up to Offer Leasing Options for Electric Scooters

Hero Electric has announced its partnership with OTO Capital to provide consumers with affordable and flexible financing options to own electric scooters Hero Electric, a pioneer in the electric vehicle industry in India, has announced its partnership with OTO Capital, India’s first vehicle leasing startup to provide consumers with affordable and flexible financing options to […]

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Capital Dynamics to Develop 9 Battery Storage Systems in California

Capital Dynamics has signed an agreement with Tenaska to develop a portfolio of 9 battery storage systems located throughout California. Capital Dynamics, an independent global private asset management firm, has announced that its Clean Energy Infrastructure business has signed an agreement with US-based energy company Tenaska to develop a portfolio of nine battery energy storage system […]

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MERC Rules Against MSEDCL in Three Cases

All Cases Pertain to Non-Payment of Dues to Wind Energy Generators The Maharashtra Electricity Regulatory Commission (MERC) in three separate cases has ruled against the Maharashtra State Electricity Distribution Company Limited (MSEDCL). All the cases pertain to non-payment of dues by MSEDCL to wind energy project owners. Riddhi Siddhi Gluco Biols Ltd. (RSGBL) had approached […]

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New EV Milestone for Tata Motors as it Rolls out its 1000th Nexon EV

Tata Motors has announced a significant milestone in the EV domain by rolling out the 1000th Nexon EV from its plant in Pune. Tata Motors has announced a significant milestone in the electric vehicle (EV) domain by rolling out the 1000th Nexon EV from its plant in Pune. This landmark has been achieved in just […]

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ReneSola Awarded Certificate of Acceptance of Witnessed Laboratory by Dekra

DEKRA has announced that it has granted the Certificate of Acceptance of Witnessed Laboratory to ReneSola’s testing laboratory at Yixing. The two parties held certification and licensing ceremony at the Shanghai SNEC exhibition. ReneSola’s CEO Sky Wang, Product Management and Technical Director Ye Hongwei, DEKRA’s East and South Asia Solar Service Director Bai Chengli, Module […]

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ISA Holds Curtain Raiser For 1st World Solar Technology Summit

The ISA today held a curtain raiser for the first World Solar Technology Summit on September 8. The curtain raiser was a virtual interaction with ISA office bearers. For the Gurugram headquartered ISA, the first Solar Technology Summit is a key event in its mission to make solar the bedrock of future energy generation, and […]

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Sterlite Power Drops 14.7% Stake in IndiGrid for Rs 840 Crore

Sterlite Power has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore to institutional and HNI investors. Sterlite Power, a leading global power transmission player, has announced that it has sold 14.7 percent stake it held in India Grid Trust (IndiGrid) for Rs 840 crore (unit price of Rs 98) to […]

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Azure Power Reports Q1 Financial Results, Revenue of Rs 394 Crore

Azure Power has announced its consolidated results for Q1 2021, reporting revenue of Rs 394 crore for the quarter, an increase of 16 percent YoY. Azure Power Global Limited, a leading independent solar power producer in India, has announced its consolidated results under the United States Generally Accepted Accounting Principles (GAAP) for the fiscal first […]

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PFC Records Growth in Both Topline and Bottomline in COVID Affected Q1

PFC has reported strong financial results for COVID affected Q1, recording growth both in its topline and bottomline for the quarter. Amid rising strain in the power sector with faltering demand and increasing indebtedness, state-owned power sector financing institution, Power Finance Corporation (PFC) has reported a strong outcome in its financial results for COVID affected April-June quarter […]

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