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Nagpur Municipal Corporation Tenders for 40 Electric Buses

The Nagpur Municipal Corporation has issued an RfP for the selection of bus operators for the procurement of 40 electric buses The Nagpur Municipal Corporation (NMC) has issued a Request for Proposal (RfP) for the selection of bus operators for the procurement of fully built pure electric buses and allied electrical and civil infrastructure on […]

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EDP Invests $3 mn in Rensource for Promoting Expansion in Nigeria

EDP will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. The EDP Group has announced that EDP Renewables (EDP Renováveis) will invest USD 3 million in Rensource, a company that develops and manages decentralized solar energy systems, to support its expansion in Nigeria. […]

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BEST Tenders for 200 Electric Buses in Mumbai Under FAME-II

BEST has issued a tender for 200 MIDI Electric Buses in the city of Mumbai and its extended suburbs on a GCC model under the Fame Scheme Phase II. The Brihan-Mumbai Electric Supply & Transport Undertaking (BEST) has issued a tender, inviting bids from eligible firms for the public transport of 200 MIDI Electric Buses […]

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Cabinet Approves MoU With Saudi Arabia for Cooperation in Renewables

The Union Cabinet has approved the MoU signed between MNRE and Ministry of Energy of the Kingdom of Saudi Arabia for cooperation in the field of Renewables The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Memorandum of Understanding (MoU) signed between the Ministry of New and Renewable Energy (MNRE) of the […]

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Delhi Cabinet Clears EV Policy, Targets 5 Lakh Vehicles by 2024

In an attempt to help curb the capital’s pollution levels, the Kejriwal Government has cleared the EV Policy for Delhi In an attempt to help curb the capital’s pollution levels, the Kejriwal Government has cleared the Electric Vehicle (EV) Policy for Delhi. Under he policy, the government aims to register at least 5 lakh EVs […]

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IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania The International Finance Corporation (IFC), a member of the World Bank Group, is providing EUR 18.5 million in financing to BT Leasing Transilvania to increase access to finance for small and […]

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LS Power to Acquire EV Charging Solutions Firm EVGo

LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US LS Power, a US power and energy infrastructure owner, has announced that it has signed a definitive agreement to acquire EVgo from Vision Ridge Partners. EVgo is the largest and most […]

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Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round

Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […]

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Double Standards? Thermal Power Auctions At Rs 4.41

In news that will cause a lot of heartburn among solar developers, news agency PTI has reported the cancellation of a 2500 mw auction to source power for a three year period. The bids were being conducted by state agency Power finance Corporation’s Consultancy arm.The amount being offered? Rs 4.41 per unit. The fact that […]

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