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Shriram Finance Consolidates Its Green Finance Business

Shriram Finance Limited (Shriram Finance), the flagship company of the Shriram Group has announced consolidating all its green financing initiatives under Shriram Green Finance. These financing services will be dedicated to funding initiatives beyond electric vehicles. With this step, the firm has planned to diversify its funding portfolio. Shriram Green Finance consolidates the green finance […]

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First Move To Target IRA Incentives Takes Shape In US Congress

In an early indication and test on the impact a Trump Presidency will have on its clean energy ambitions, the US House of representatives has a bi-partisan resolution to consider. The resolution in question proposes suspension of the 45X Advanced Manufacturing Production Tax Credit (PTC) in the US, an incentives that has been a key factor […]

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US Investment Plan: Premier Energies To Wait For More Clarity On IRA

Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […]

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iRasus Technologies Raises Over Rs. 4cr In Seed Round

iRasus Technologies, an analytics and intelligence provider on battery data for users in the electric mobility and stationary battery storage solutions raised over Rs. 4 crores in its seed round. It has raised the funding in its seed round from IAN Group and others to provide data intelligence and generate insights on battery storage solutions […]

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WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA   

The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […]

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Surat Hazira NH6 Commissions 180 kW Solar Power Plant

In a positive sign of how things are changing on the ground, Surat Hazira NH-6 Tollway Pvt. Ltd. has achieved a significant milestone  with the commissioning of a 180 kilowatt (kW) solar power plant at the Mandal Toll Plaza .  The solar power plant is expected to generate 2.26 lakh units of electricity annually, effectively […]

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Mirae Asset Investment Launches ETF Focused On EVs

Mirae Asset Investment Managers (India) has launched India’s first exchange-traded fund (ETF) focused on electric vehicles (EV) and the new-age automobile industry, after the National Stock Exchange (NSE) launched the new Nifty EV- an index.  last month.The New Fund Offer (NFO) of Mirae Asset Nifty EV and New Age Automotive ETF starts on June 24 […]

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US Releases New Rule To Incentivise Clean Energy Production Under IRA

The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […]

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News In Brief- Trina Solar in South Africa, Virat Kohli For Amaze And More

Amaze, the energy solutions brand, launched its new brand campaign Hamesha #ReadyToPerform, and showcased its widest range of inverters, batteries, and solar products in Lucknow, today. Virat Kohli headlines the brand promotions. Trina Solar Powers Groundbreaking Mooi Plaats 283MWdc Photovoltaic power plant in South Africa.  Trina Solar  announced its partnership with China Energy International Group and China Gezhouba Group to power […]

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