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investment

Fiera Infrastructure, Palisade Infrastructure Group to Acquire RE Platform Amp US

A consortium comprising funds managed by Fiera Infrastructure, an affiliate of Fiera Capital Corporation, and Palisade Infrastructure Group has agreed to jointly acquire 100% of the equity interests in Amp US Primary Holdings, the US-based renewable energy generation and battery storage business of the Amp Solar Group. Amp US is a leading developer, owner and […]

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India Needs Rs 33,750 Cr To Set Up Li-ion Cell, Battery Mfg Plants: CEEW

Lithium is now a crucial element that would  drive the  world towards energy transition in a major way. In a recent study -‘How can India indigenise lithium-ion battery manufacturing?’ released by the Council on Energy, Environment and Water (CEEW) said that India needs investments to the tune of Rs 33,750 crore to achieve the government […]

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In India’s Largest EV Fleet Order, TATA Motors to Deliver 25,000 E-Sedans to Uber

Tata Motors and Uber have signed an MoU for the supply of electric sedans. Under the agreement, TATA Motors, the largest maker of electric cars in India, will supply 25,000 of its X-Pres-T electric sedans to ride-hailing giant Uber. This is India’s largest order for electric vehicles between the EV manufacturer and the ride-hailing company […]

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ACME, IHI Corp Collaborate To Explore Opportunities In Green Hydrogen

Gurugram headquartered diversified renewable energy company ACME Group and Japan’s comprehensive heavy-industry manufacturer IHI Corporation have announced the signing of an MoU to jointly explore the potential business opportunities of green hydrogen. As per ACME, the intent of this MOU is to jointly study and evaluate potential projects with respect to collaboration opportunities across the […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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Totalenergies, Corio Collaborate for Offshore Wind in Taiwan

Global renewable energy firms TotalEnergies and Corio Generation have signed a joint venture partnership to develop the Formosa 3 offshore windfarms in Taiwan. Under this agreement, the UK-headquartered Corio will remain the majority shareholder and lead developer with 50% plus 10 shares overall in project. The announcement comes after Taiwan’s Bureau of Energy confirmed in […]

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bp to Invest $1 Billion in EV Charging Across US by 2030

Global energy conglomerate British Petroleum or bp has announced its fresh plans to invest $1 billion into electric vehicle (EV) charge points across the United States. bp said that it will bring fast charging infrastructure to Hertz locations in major cities of the US by 2030. bp said that these cities will include Atlanta, Austin, […]

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Romania Gets €259 Million EU Aid for Solar Panels & Battery Production

Europe is speeding for timely transition to clean energy to avoid climatic changes. In a key development, the European Commission has approved a EUR 259 million scheme to support investments in the production, assembly and recycling of batteries, of photovoltaic cells and of panels in Romania. The new funding is approved under EU State aid rules […]

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