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SolarAfrica Begins Work For 1 GW Project On SunCentral Solar Farm

SolarAfrica, an Independent Power Producer, providing financial and technical solutions in energy recently began construction on the Rand 5 billion development project. This marks the beginning of Phase 1 of the IPP’s flagship utility-scale project. It also marks some serious progress on South Africa’s challenge to add more renewable energy to a struggling grid.  The […]

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Australia’s ARENA Announces $100 Million Solar ScaleUp Challenge

The Australian Renewable Energy Agency (ARENA) has launched the global Solar ScaleUp Challenge. With an aim to identify solar innovations that can bring down costs and deliver solar faster, shortlisted submissions could gain access to a total pool of up to AU $100 million (INR 550 crores) in grant funding from ARENA. Final submissions close on 14 August 2024. […]

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Cleantech Solar Secures Rs 855 Cr Financing From Aseem Infrastructure Finance

Cleantech Solar, a renewable energy solution provider with operations in India and Southeast Asia, has announced the financial close of a long-term senior secured loan of Rs. 855 crores from Aseem Infrastructure Finance Limited. This loan is to expand the company’s open-access Commercial and Industrial (C&I) portfolio in India. The Rupee Term Loan (RTL) is […]

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Blive Unveils EZY Electric Vehicle Rental Program

BLive, an e-mobility platform, launched the ‘BLive EZY EV Rental Program’. This program is for last-mile mobility partners to bridge the financial gaps that delivery riders face when transitioning to electric vehicles (EVs). The integrated AI-enabled platform brings together the entire EV ecosystem, including EV manufacturers, demand generation partners like Zomato and Swiggy, leading finance […]

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candi solar Secures $38 Million Investment Through Equity

candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […]

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BGFA, Nuru SASU Collaborate To Scale-Up Mini-Grid Deployment In Congo

Beyond the Grid Fund for Africa (BGFA) and a company based in the Democratic Republic of the Congo (DRC), signed a new agreement, to establish a new mini-grid, which is expected to provide access to clean energy in the northeastern part of the country. This project is expected to provide access to electricity for residential, […]

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News Brief May 24- Appalachian Power, Amresco UK Battery, Colombian Solar Project

Appalachian Power Issues Tenders for 1.1 GW of Renewable Energy Supply In US Appalachian Power (APCo), headquartered in the United States, has announced the release of three Requests for Proposals (RfP) for 1.1 GW projects for securing power and Renewable Energy Certificates (RECs) from wind and solar projects, as well as from battery energy storage […]

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ABAN Power & Venterra Firm Form India Offshore Wind Alliance

ABAN Power and Gavin and Doherty Geosolutions (GDG), a division of the Venterra Group, have formed an alliance to expedite offshore wind projects and energy infrastructure throughout Asia-Pacific, including India. The objective of this partnership is to assist India in reaching its 2030 target of 500 GW of renewable energy capacity. Through the combination of […]

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Logistics Company Roadcast Signs EV Financing Pact With NBFC

Logistics company Roadcast has signed an agreement with Mufin Green Finance a listed Non-Banking Financial Company (NBFC) with a dedicated focus on electric vehicle (EV) financing. According to the media statement, Mufin Green Finance will lease out electric three-wheelers (E3W) equipped with GPS-enabled technology provided by Roadcast. The integration of advanced IoT systems into the […]

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