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investment

Clean Energy Transition Could Create 15 Mn Indian Jobs By 2025: Report

A swift shift from fossil fuels to clean energy could lead to creation of 1.5 crore new jobs in India by 2025 and increase savings on electricity bills, a new report released ahead of the G-7 leaders’ summit said on Thursday. The report, ‘Creating Jobs and Cutting Bills: the economic opportunities of a clean energy […]

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EV Tech Start-up Matter Closes US$ 10 million Round

Ahmedabad based Matter, a vertically integrated product tech start-up focused on electric mobility and energy storage, has raised an initial US$ 10 million in its latest round of funding. The round drew interest from a diverse set of investors including Capital 2B, a technology fund backed by Infoedge, Climate Angels Fund, and other marquee Indian […]

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ACME Moves Ahead On Land For Green Ammonia & Hydrogen Project In Oman

Renewable energy developer ACME Group today announced signing of a land agreement to set up one of the world’s largest green ammonia projects at Special Economic Zone at Port of Duqm in Oman. ACME signed the agreement with the Public Authority for Special Economic Zones and Free Zones which is a Government authority of Oman. […]

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World’s First Open CO2 Transportation Using ABB Technology

For the primary electrical, automation, and safety systems for Norway’s Northern Lights project, engineering, procurement, and construction (EPC) company Aker Solutions has hired ABB Technology . Northern Lights is a first-of-its-kind project from enterprises across Europe to safely store CO2 (CO2 Transportation). In this project, Northern Lights is creating an open and adaptable infrastructure to […]

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SUN Mobility & Amazon Launch Battery Swapping Network in Maharashtra

Bengaluru-based Energy infrastructure and services provider, SUN Mobility has announced the launch of its battery-swapping network for electric vehicles in Mumbai, Maharashtra. The company is installing these battery swapping stations in collaboration with Amazon India. With the first set of stations placed at Amazon’s sites in Mumbai and Pune, SUN Mobility plans to deploy over […]

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Reliance On The Lookout For New Technologies To Make Low-Cost Green Hydrogen A Reality

Even as India’s leading firm Reliance Industries Ltd, led by Indian billionaire Mukesh Ambani, seeks newer technologies to make electrolyzers in its efforts to produce low-cost green hydrogen in the country, multiple firms have started launching newer versions of their efforts to drop costs.  Thus, while Reliance awaits the production-linked incentives the government may offer […]

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India Needs $223 Billion To Meet 500 GW RE Target By 2030

As per the findings revealed in a new report by BloombergNEF (BNEF) in a seminar in New Delhi on June 22, India will need $223 billion of investment to meet the target of wind and solar capacity installations up to 500GW by 2030. A Look At The Numbers In a telling trend, the country has […]

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Setting Industry Standards for Clean Energy Products

In the past few years, clean energy products have gained substantial popularity. Consumers, who are becoming more environmentally conscious by the minute and keen to save money, are embracing the transition to renewable products with open arms. As the Centre looks to reduce carbon emissions by a massive 1 billion tonnes by 2030, more and […]

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