SUBSCRIBE NEWS LETTER

india

Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL

In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […]

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Senvion India Launches 4 MW Wind Turbine With RE Technologies

The Wind Energy Hamburg Trade Fair 2024, saw the launch of the 4.2M160 wind turbine generator, marking a significant technology advancement in harnessing potential from wind energy. The joint effort by RE Technologies and the Alfanar owned Senvion India  saw the new turbine designed and developed by the in-house R&D teams in India and Germany. […]

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MyTVS Launches Pan-India Mobility Service for EVs

MyTVS, one of India’s digital automotive aftermarket platforms, and part of the TVS Mobility Group announced the launch of a Pan-Indian ‘Mobility-as-a-Service’ (MaaS) platform. The company is doing this as it looks to meet the vehicle management requirements of quick commerce and e-tailers, which largely rely on electric two-wheelers. MyTVS offers these services to fleet […]

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Sustainiam Onboards 400 MW Portfolio Of Brookfield Assets In India

Sustainiam, a climate tech startup, and a carbon management solutions provider, onboarded 400 MW of renewable assets from Brookfield, a global renewable energy provider, for the registration, issuance, and trading of International Renewable Energy Certificates (I-REC). This portfolio primarily consists of wind assets, to help Brookfield expand its renewable energy capabilities in India and beyond. […]

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Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India

Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores)  project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […]

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US-India Launch $1 Bn Initiative To Build Clean Supply Chains

The United States (US) and India elevate and expand bilateral technical, financial, and policy support to enhance the complementary manufacturing capacity of clean energy technologies and components. This policy also lays the groundwork for enhanced cooperation and partnerships in Africa. The Strategic Clean Energy Partnership, led by the US Department of Energy and Indian government […]

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Senvion India Announces Installation of 3.1 M130 turbine

Senvion India today announced commercializing its upgraded 3.1M variant of the 2XM series turbines with its prototype commissioning. The 3.1M130 turbine is expected to be ready for commercial installation in India in Q1-25 post RLMM listing. The company said that this marked a landmark in Senvion’s journey towards reliable wind energy solutions thereby reducing LCOE. […]

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ICRA Sees FDRE, RTC Projects As Key Drivers Of India’s RE Growth

A recent report by the Investment Information and Credit Rating Agency (ICRA) foresees a rise in renewable energy capacity in the next six years in India. It is estimated that the share of renewable energy (RE), plus large hydro, in all-India electricity generation, will increase to over 35% in FY2030 from 21% in FY2024. ICRA […]

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