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financing

€6.9 bn EIB Backing for Renewables, Sustainable Transport and Innovation

EIB has agreed to support EUR 6.9 billion of new financing to improve renewable energy, sustainable transport, social housing, communication, etc. The Board of the European Investment Bank (EIB) has agreed to support EUR 6.9 billion of new financing. This includes backing new investments across Europe and around the world to improve renewable energy, sustainable […]

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Ideanomics’ MEG Secures 35,000 EV Taxis Order in China

Ideanomics’ MEG has secured an order for 35,000 EV Taxis from the Yunnan Energy Investment Group in China. Ideanomics, a global financial technology company has announced that it’s Mobile Energy Global (MEG) division has secured an order for 35,000 Electric Vehicle (EV) taxis from the Yunnan Energy Investment Group, which is a province-designated entity for […]

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India Prepares to Become a Major Player in EV Sector

A new analysis looks at the future of energy storage and EV in India, making the case for scooters and buses as India begins its transition A new analysis looks at the future of energy storage and electric vehicles (EV) in India, making the case for electric scooters and electric buses as India begins its transition to […]

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ADB Secures GCF Funding for Innovative Climate Finance Fund in China

GCF has approved $100 mn in funding for an ADB project in Shandong province in China to mobilise financing for climate change mitigation and adaptation. The Green Climate Fund (GCF) has approved USD 100 million in funding for an Asian Development Bank (ADB) project in Shandong province in the People’s Republic of China (PRC) that […]

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Wind Industry to Invest $1.8 bn in Colombia Over Next 3 Years

In the first RE auction in Colombia, more than 1 GW wind capacity was awarded through PPA deals, which will bring in investments worth $1.8 billion by 2022 In last month’s first renewable energy auction in Colombia, 1.3 GW of renewable energy capacity was awarded through 15-year Power Purchase Agreement (PPA) deals, with wind energy […]

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Vivint Solar to Offer Solar + Storage PPA in California

Vivint Solar is launching a new PPA option that includes one simple rate for both solar and battery storage in California. Vivint Solar, a leading full-service residential solar provider in the United States, wants homeowners to have the power to choose the kind of experience they get from their energy provider and is now launching […]

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EESL Trims EV Order by a Massive 70%, After Andhra Cancellation

EESL has scaled down its EV order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis. Energy Efficiency Services Limited (EESL) has scaled down its electric vehicle (EV) order by a whopping 70 percent to 3,000 units and blamed its largest customer Andhra Pradesh for the crisis […]

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Need Collaborative Approach to Building Future-Ready Energy Efficient Ecosystem

INSPIRE 2019 featured some ways to harness technology to make the next generation of urban and rural spaces resilient, inclusive, and energy-efficient. The two-day International Symposium to Promote Innovation & Research in Energy Efficiency (INSPIRE 2019) concluded in Mumbai and featured some of the most prominent leaders and experts discussing ways to harness technology to […]

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