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Tata Motors Betting Big on Electric Vehicles

The automaker has plans to unveil a new electric car this fiscal year. Tata Motors is working on electric vehicles for private buyers and will soon introduce a higher range of the Tigor EV and a new model by the end of this fiscal year, said Shailesh Chandra, president electric mobility business & corporate strategy […]

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Success or Failure of Climate Change Battle Hinged on Developments in Asia: UN

The battle to combat climate change will be a “success or failure” based on the developments in Asia, where growing energy needs are increasing demand for fossil fuels The battle to combat climate change will “succeed or fail” based on what happens in Asia, where growing energy needs are increasing demand for fossil fuels, UN officials said.  […]

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IIC Goes Solar with Tata Power to Save Rs 11 Lakh Yearly on Electricity Bill  

This plant was set up with an investment of about Rs 30 lakh by the company under its Corporate Social Responsibility (CSR) initiative. With an aim to contribute towards environment conservation and to promote clean and green energy, India International Centre (IIC), which is one of the most premier cultural institutions of the country, has […]

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Enel Signs PSA Worth 3 TWh RE per Annum With AngloAmerican

Enel and AngloAmerican have signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year to AngloAmerican Enel, through its Chilean subsidiary Enel Generación Chile, and global mining company AngloAmerican signed an agreement whereby Enel’s Chilean subsidiary will supply up to 3 TWh of renewable energy per year […]

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Amazon Announces RE Projects Worth 68 MW in Ireland and US

Amazon has announced the company’s 65th and 66th renewable energy projects, which will be developed in Ireland and the US. Amazon has announced the company’s 65th and 66th renewable energy projects. The company’s latest renewable energy project in the EU will be located in Cork, Ireland, and will be the second Amazon Wind Farm in the country. Once complete, the new […]

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EBRD Finances Largest Private-to-Private Solar Plant in Jordan

EBRD will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to USD 35 million. The European Bank for Reconstruction and Development (EBRD) has announced that it will together with its partners support a pioneering solar energy plant in Jordan with a financial package of up to […]

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GGF Attracts €4 mn in Funding for Climate Action in MENA

GGF has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa […]

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Focus on Energy Storage: Size and Costs Finally Promise a Breakthrough Soon

For everyone counting on renewables to replace the pollution and carbon emissions of fossil fuels, energy storage has been the missing link in a wholesale shift to renewable energy. Energy storage, even though being discussed widely today, has been around for a while. Basic storage batteries have been used since the early 1800s, when Alessandro […]

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IFC, EIB and Proparco to Finance Constriction of 2 Solar Plants in Senegal

Proparco, IFC and the EIB have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. Proparco, the International Finance Corporation (IFC) and the European Investment Bank (EIB) have granted loans totaling EUR 38 million for the construction and operation of two solar power plants in Senegal. […]

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