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ADB & Fourth Partner Energy Join Hands for 25 MW Solar Power Plant in Tamil Nadu

The Asian Development Bank (ADB) and Independent Power Producer Fourth Partner Energy Private Limited (Fourth Partner) have joined hands for a long-term loan of up to Rs 1.2 billion Indian rupees towards the construction and operation of a 25 MW solar power plant. This will help augment clean and low-cost energy supply to commercial and […]

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MAHAPREIT Issues Tender for Delivery & Implementation Agency For Last Mile Project

Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) proposes to develop, implement, and manage a project for employment generation and entrepreneurship development among the beneficiaries registered with Mahatma Phule Backward Class Development Corporation Ltd (MPBCDC), and also provide a stable last mile delivery solution for areas across Maharashtra. MAHAPREIT will procure a delivery and […]

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Solar Startup Zunroof Struggles To Deliver On Promise

There were plenty of rooftop solar companies raising capital during the 2016-19 period. However, the fund inflow in such startups slowed down gradually and only a handful of them are in serious business. In fact, recent funding rounds for firms like Solar Square have been built around funding their customers.  One early pre-2020 startup is […]

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Duke Energy Offers RECs For Residential, Small Biz in Florida

American energy company Duke Energy Florida has announced ‘Clean Energy Impact’, its newest renewable energy certificates (RECs) programme. These renewable certificates are now available to customers looking to achieve their sustainability goals and support local renewable energy. The company’s latest product is available for residential, small and medium business customers in Duke Energy’s Florida service […]

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Godawari Electric Motors Ventures into EV Two-Wheeler Segment

Godawari Electric Motors, manufacturers of the Eblu range of electric two and three-wheelers, today announced the launch of family e-scooter, Eblu Feo. This is the first product from the company in the EV two-wheeler segment in India. The pre-bookings for Eblu Feo commenced on August 15, 2023 and the deliveries will start from August 23, […]

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IREDA In MoU With Revenue Target of ₹4,350 Cr for 2023-24

The Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under Ministry of New and Renewable Energy, has signed a performance-based Memorandum of Understanding (MoU) with the Ministry of New and Renewable Energy, Government of India. The MoU, in alignment with guidelines issued by Department of Public Enterprises, […]

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US Energy Firm Origis Energy Raises $750 Million For Solar, Storage Plans

Origis Energy, one of America’s leading renewable energy platforms, announced on Aug 16 that it has closed a $750 million construction warehouse funding facility. The facility will fund large scale solar and energy storage project construction totaling approximately 2 gigawatts (GW) across 15 states over the next three years. The move follows the announcement of […]

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Heat Battery Storage Firm Rondo Energy Secures $60 Million Funding

Rondo Energy, a leading provider of zero-carbon industrial heat and power, has raised $60 million in a new financing planned to speed the rollout of Rondo Heat Batteries (RHBs) worldwide and to transform the global energy storage market. The financing brings together funding from current Rondo investors Breakthrough Energy Ventures, Energy Impact Partners, SCG, and TITAN, industrial […]

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