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financing

Mahendra Lodha Joins PTC as Director (Finance) & CFO

PTC India Financial Services Limited (PFS), a financial institution in sustainable green infrastructure finance, has announced the joining of Mahendra Lodha as Director (Finance) and CFO of the company. Lodha brings to the table a experience and expertise in finance and investment management, which will further strengthen PFS’s financial strategies and operations. As Director (Finance) […]

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Southeast Asian Power Market On A Liberalisation Spree: Report

The recent Global Market Outlook report on solar power by Intersolar Europe and Global Solar Council claimed that several countries in the Southeast Asian market are on a liberalization spree to reform their power sector. These reforms aimed to boost the production of renewable energy and its use to cater to the power needs of […]

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Power Minister Meets French Delegation, Discusses Energy Transition Collaboration

Union Minister for Power R. K. Singh recently held a meeting in New Delhi with Chrysoula Zacharopoulou, Minister of State for Development, Francophonie, and International Partnerships, attached to the Minister for Europe and Foreign Affairs. The minister, who also holds the additional portfolio of the New and Renewable Energy also met Emmanuel Lenain, Ambassador of […]

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China’s Offshore Wind Achieves Remarkable Power Price Parity with Coal Prices

China’s rapidly expanding offshore wind industry has defied the global norm by successfully driving down power prices to match those of coal, according to a recent report by BloombergNEF. While other regions continue to face upward pressure on energy costs, China’s offshore wind sector has experienced a significant reduction in prices, presenting a promising development […]

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ICCT Suggests Placing Premium on Battery Electric Trucks in Delhi EV Policy 2.0

The current Electric Vehicle Policy of Delhi phases out this August. The policy, without a doubt, has played a key role in giving an impetus to e-mobility in Delhi. The International Council On Clean Transportation has come up with recommendations for the city’s Electric Vehicle Policy 2.0. The report stresses on providing incentives for medium […]

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KSEBL Issues Tender For 500 MW Of RTC Power For Five Years 

The Kerala State Electricity Board Limited (KSEBL) has issued a tender to procure 500 Megawatt (MW) of round-the-clock (RTC) electricity. The board has decided to go for this medium-term arrangement for a period of five years starting from August 15, 2023.  As per the mandate of the tender, the KSEBL would procure the RTC power […]

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Revfin Rings In $5 Mn From US International Development Finance Corporation

Revfin Services Private Limited, which delves into the Indian EV financing space, has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s portfolio for ‘Impact and Innovation’ and seeks to promote inclusive financing for EV adoption in India. The funds raised from DFC will enable Revfin […]

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Intersect Power Brings 415 MWp Radian Solar Online

US-based clean energy firm Intersect Power has announced the commercial operation of its Radian solar project in Texas that is expected to supply green energy to more than 114,000 homes. As per the official statement by Intersect Power, the Radian solar project has used First Solar panels and created more than half a thousand jobs […]

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Piaggio Onboards Dhiraj Tripathi as Vice President, Export & Electric Vehicles

Subsidiary of automotive firm, Piaggio Group, Piaggio Vehicles has appointed Dhiraj Tripathi as Vice President for Export & Electric Vehicles (EVs). Tripathi will be responsible for sales, service, marketing and Business Development. Tripathi brings to the table 25 years of experience in the automotive industry in B2B, B2C Sales Operations, revenue enhancement among other areas […]

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