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India to add Only 60 GW RE Capacity by 2025: BTI Survey

India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by BTI. India is expected to add only 60 GW of renewable energy capacity in the next 5 years, according to a Renewable Energy CEO survey report 2020 by […]

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Mercedes Benz Acquires Stake in Battery Cell Manufacturer Farasis

Mercedes-Benz has formed a strategic partnership with the Chinese battery cell manufacturer Farasis and is also taking an equity stake in the company. Mercedes-Benz has announced it is taking another important step on its journey towards CO2-neutral mobility. The Stuttgart-based luxury car manufacturer has launched a far-reaching strategic partnership with the Chinese battery cell manufacturer […]

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FICCI Makes the Case for Extending FAME-II by 2 Years

FICCI has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance the demand for electric vehicles in the country. The Federation of Indian Chambers of Commerce & Industry (FICCI) has recommended various measures, including the continuation of the FAME-II scheme till 2025, to enhance demand for electric vehicles in the country. The […]

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Future of Residential Solar: Post Covid Period

Till Dec 2019, India was having 757 MW of cumulative installed solar capacity by the residential segment, out of 5440 MW of rooftop solar (RTS). As per Phase II of Grid connected RTS implementation plan by MNRE released in Aug 2019 last year, India has set for itself a modest and calculated target of 4GW […]

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Engie Sells 49% Share in its 2.3 GW US Renewables Portfolio

Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong Engie has announced that it has signed an agreement to sell 49 percent equity interest in a 2.3 GW US renewables portfolio to Hannon Armstrong, a leading investor in climate change solutions. […]

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The Case for Mini Grids Stronger Than Ever, Says Global Report

A new report launched yesterday (July 1), State of The Global Mini-Grids Market Report 2020 has delved deeply into the present, potential, and obstacles to further growth of mini-grids around the world. For its research and conclusions, the report focused on mini-grids in Sub-Saharan Africa, Asia, and small island nations. Created for the Mini Grids […]

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Capital Dynamics Completes Acquisition of 353 MW Solar Portfolio

Capital Dynamics has announced that its CEI business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal Energy Capital Dynamics, an independent global private asset management firm, today announced that its Clean Energy Infrastructure (CEI) business has completed the acquisition of a portfolio of 16 operating solar projects from Coronal […]

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Let’s Make India The Recycling Hub Of The World: Rajat Verma

As India takes slow and steady steps towards e-mobility, the big opportunity you won’t hear about is recycling of batteries. Especially critical considering the high cost of Lithium-Ion batteries, and the sourcing risk for raw materials. Enter Rajat Verma, Founder at Lohum Cleantech. The firm is into manufacturing of 1st and 2nd life battery packs […]

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Vivint Solar Closes $300 Mn of new Tax Equity Commitments

Vivint Solar has secured USD 300 million in new equity financing commitments from two repeat investors to support the growth of its residential solar business. Vivint Solar, a leading full-service residential solar provider, has announced it has secured USD 300 million in new tax equity financing commitments from two repeat investors to support the growth of Vivint […]

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