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investment

Maldives seeks bids for grid modernisation under World Bank-aided project

The Maldivian Ministry of Finance has invited bids for the delivery of grid infrastructure works to support grid modernization as well as the integration of solar PV in the network on 15 islands. The Government of the Republic of Maldives has received financing from the World Bank toward the cost of the ‘Accelerating Renewable Energy […]

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Swedish firm raises €9.6 M for sustainable cathode material for Na+ batteries

Swedish sodium-ion battery company Altris AB has raised €9.6 Million (100 MSEK) in a Series A funding round. The funding secures Altris’ production scale-up of the company’s innovative battery cathode material, Fennac, to 2,000 tonnes, enabling 1 GWh of sustainable batteries and further research and development of sodium-ion batteries to take place, said the firm. […]

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UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021

UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […]

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Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round

EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake. Lithium is the largest operator of electric cars in India, providing services to 50+ clients since 2015 with a presence in 15+ cities. Eversource is a […]

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Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot

Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises “extreme-fast charging” batteries for electric vehicles (EV). Ola electric called the investment strategic in nature, without disclosing the amount invested. StoreDot, in its last funding round of $60 million, had reportedly been valued at $1.5 […]

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Tamil Nadu Reclaims No. 1 Spot for Renewable Energy

Tamil Nadu has recently made it to the top of the list of Indian states ranked as per their overall installed renewable energy capacity, seizing the position from Karnataka. Interestingly, the latter toppled Tamil Nadu in 2018 to become the leader in total installed capacity in the clean energy sector, following big capacity additions in […]

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GoodWe Added to 2022 FTSE Global Equity Index Series

Leading PV inverter and energy storage firm GoodWe technologies Co., Ltd, has officially confirmed its inclusion in the FTSE Global Equity Index Series. GoodWe was listed and the results have come into effect after stock market closure on March 18. Inclusion in a leading global index like the FTSE GLobal Equity Index series is a […]

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Environment Lead

The position is to Lead the Environment vertical, of a leading Corporate Foundation. The position involves responsibility for the development and strategic expansion of the new Environment portfolio at the Foundation. We are looking for a candidate who is passionate about this sector and brings up to date knowledge on policies and sector knowledge, enabling […]

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5 Most Common Queries on Home Solar Rooftop Solutions Answered

A solar rooftop system is an easy-to-install system that is almost always connected to the power grid in India. It is the most reliable green energy form while saving on electricity charges. With a lifespan of 25 years, it uses existing rooftop space and saves on land space. Going solar has helped several home owners […]

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