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green energy

Hitachi Energy Wins NTPC REL Contract for Supplying Transformers

Hitachi Energy India has revealed that it has bagged a contract by NTPC Renewable Energy (NTPC REL), which is a wholly owned subsidiary of NTPC. Under the contract, Hitachi will supply power transformers to NTPC for its 4.75 GW renewable energy park in the offing in Gujarat. This will be part of India’s largest solar […]

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Baseload Capital Raises $24 Million To Bolster Geothermal Energy

Swedish climate investment firm Baseload Capital has made a $24 million investment in geothermal energy. Thanks to a $25 million loan facility it secured with Sustainable Development Capital of London in the spring, Baseload Capital has received more than $45 million. While the credit allows for flexible financing for the commissioning of future geothermal power […]

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Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing

Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […]

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Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy

UK-based  wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […]

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Qatar Inaugurates 800 MW Solar Plant to Supply Green Power to World Cup

Qatar’s first solar power plant has been inaugurated by Amir Sheikh Tamim bin Hamad Al Thani, the Emir of Qatar. The next FIFA football World Cup will be organised in the Arab country. The organisers of the World Cup have informed that the newly inaugurated solar power project will supply clean energy for the football-match […]

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Bangalore’s EV Manufacturer Altigreen Enters Maharashtra

Altigreen, the Bangalore-based manufacturer of three-wheeler electric vehicles, just opened its first-ever retail experience center in Mumbai. According to the company, this is the sixth retail dealership they have opened in India this month.  Altigreen made the decision to partner with Jubilant Motorworks for this project. Jubilant Motorworks, which has locations in the states of […]

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POSCO Holdings, GS Energy In Tie-Up To Recycle Secondary Batteries

POSCO Holdings has announced that it has signed an agreement for the establishment of a secondary battery recycling joint venture with GS Energy called ‘POSCO-GS Eco Materials.’ The official statement held that the agreement was signed on October 6. POSCO Holdings signed a joint venture agreement with GS Energy to establish a new company, POSCO-GS […]

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Renewable Energy Production of Iberdrola Exceeds 55,500 GWh

Spanish multinational utility company Iberdrola has informed that its renewable energy production has exceeded 55,500 GWh in the first nine months of this year. The strong performance has come due to the new installed capacity and the performance of onshore wind power that compensated for the lack of rain in recent months. The onshore wind […]

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