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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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ACT to Auction for 250 MW Renewable Plus Storage Projects

The Australian Capital Territory (ACT) will conduct a new reverse auction for the construction of up to 250 MW of new renewable energy and storage projects. The Australian Capital Territory (ACT), has announced that it an attempt to ensure that the ACT remains 100 percent powered by renewable electricity, it will conduct a new reverse […]

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GE Selected for CIP’s Monegros Wind Portfolio in Spain

GE Renewable Energy has signed an agreement with CIP to provide its technology & services capabilities to power the Monegros onshore wind portfolio in Spain GE Renewable Energy has announced that it has signed an agreement with the Copenhagen Infrastructure Partners (CIP) to provide its technology and services capabilities to power the Monegros onshore wind […]

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US to add 14.6 GW Wind Capacity in 2020, Setting new Record

The US wind market will add a record-breaking 14.6 GW of wind capacity in 2020, as wind power developers (WPDs) rush to finish before the phase-out of Production Tax Credit in 2021 A new report has revealed that the US wind market will add 14.6 gigawatts (GW) of capacity in 2020. The record-setting mark underlines […]

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PGCIL Wins Inter-State Transmission Project in Rajasthan

PGCIL has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and MP State-owned utility Power Grid Corporation of India (PGCIL) has revealed that it has bagged an inter-state power transmission project under a tariff-based competitive bidding process, which would benefit Rajasthan and Madhya Pradesh. “Power Grid Corporation has been declared as the successful bidder under […]

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SECI Signs PSA’s Worth 930 MW With Multiple State Discoms

SECI has signed three PSA for the supply of 930 MW renewable power The Solar Energy Corporation of India (SECI) has announced the signing of multiple Power Sale Agreements (PSA) worth 930 MW with three Discoms from Rajasthan, Uttar Pradesh and Kerala. The first PSA and the latest agreement has been signed between SECI and […]

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MNRE Postpones its Flagship Event ‘RE-Invest’ Indefinitely

MNRE postpones the 3rd Global RE-Invest Meet, which was to be inaugurated by Narendra Modi on October 30. The Ministry of New and Renewable Energy (MNRE) has announced via a notification that it has postponed the 3rd Global Renewable Energy Investors’ (RE-Invest) Meet, which was to be inaugurated by Prime Minister Narendra Modi on October […]

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IAN Fund Invests Rs 12.4 Crore in Solar Panel Cleaning Solutions Firm

The IAN Fund has led an investment worth Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The IAN Fund, a seed fund worth Rs 375 crore, has led an investment amounting to Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The investment also saw participation from prominent […]

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New £400 mn Fund to Speed up EV Charging Infrastructure Development in the UK

Plans for a cleaner and healthier Britain stepped up a gear, as the treasury launched a GBP 400 million fund to bolster the EV charging infrastructure Plans for a cleaner and healthier Britain stepped up a gear, as Ministers announced more than half a billion pounds of investment in green technologies. The Treasury has launched […]

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