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Tata Motors Announces Monthly Subscription Model for its Nexon EV

Tata Motors has launched a subscription model for EVs, under which it is making available the Nexon EV at a fixed rental starting at Rs 41,900 per month. Tata Motors, one of India’s leading automobile manufacturers, has announced the launch of a first of its kind subscription model for electric vehicles (EV). Designed to make […]

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CERC Grants Approval for Third Power Exchange in India

CERC has approved Pranurja Solutions, promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the third power exchange in India The Central Electricity Regulatory Commission (CERC) has approved the petition filed by Pranurja Solutions Ltd, a company promoted by BSE, PTC Ltd and ICICI Bank, to establish what will become the […]

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Solar Industry Paving Way Forward For Circular Economy

Darshika Gupta, a mechanical engineer by training and part of the business development team at the Commercial and Industrial division of Amplus  Solar, makes a case for the need to shift to a circular economy. The expansion of the global renewable energy (RE) sector has been evident in recent years, improving energy security by decreasing […]

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Time’s Ripe for Offshore Wind Projects

World Resources Institute Finds Offshore Wind Projects Offer Reduced Emissions and Higher Returns At a time when the globe is turning to renewable energy to mitigate climate change and address increasing power demand, offshore wind energy projects can be a gamechanger. A report by the High-Level Panel for a Sustainable Ocean Economy, World Resources Institute, […]

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NTPC Planning to Raise Rs 1000 Crore via Bonds

NTPC will raise Rs 1000 crore on July 31 through the issuance of bonds on private placement basis for funding capital expenditure, etc NTPC Ltd has announced that it will raise Rs 1000 crore on July 31, 2020, through the issuance of bonds on private placement basis for funding capital expenditure, refinancing existing loans, among […]

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ICRA Predicts 120-125 GW RE Capacity in India by December 2022

ICRA believes that the overall medium to long term outlook for the RE sector remains strong – supported by competitive tariffs, policies and schemes According to ICRA, capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8 GW in FY2021 given the continued execution challenges amid COVID-19, because of […]

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Avangrid Sells Stake in 155 MW Wind Project for USD 235 Million

Avangrid Renewables, a subsidiary of AVANGRID, has announced that it has completed a transaction with WEC Energy Group of Milwaukee to sell an ownership interest in the Tatanka Ridge Wind project, now under construction in Deuel County, SD, northeast of Brookings. Under the terms of the transaction, which was signed earlier this month, WEC Energy […]

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Batt:RE Ties up With ZestMoney to Offer Electric Scooters on EMI

Batt:RE Electric Mobility has partnered up with ZestMoney to offer an EMI finance scheme to customers that want to purchase its electric scooters. Batt:RE Electric Mobility, a technology-driven EV startup has announced that it has partnered up with ZestMoney to offer EMI finance scheme to customers that want to purchase its electric scooters. This facility will […]

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Latest Offshore Wind Farms in the UK Could Reduce Household Energy Bills: Analysis

The latest round of offshore wind farms to be built in the UK could reduce household energy bills by producing electricity very cheaply. This is the conclusion of an analysis by an international team led by Imperial College London researchers. The analysis published in the Journal Nature Energy highlights that the most recently approved offshore […]

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