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Magenta Launches EV Charging Solution for Residential Complexes

A business unit of Magenta, which was set up solely to focus on the EV eco-system largely charging solutions Magenta ChargeGrid has come up with what it claims is a solution for large residential complexes under their product range – ‘ChargeGrid Prisma’. ChargeGrid Prisma is developed especially for solving the complex and multiple problems for […]

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Siemens Gamesa Awarded Order from RWE for 1.4 GW Sofia offshore Wind Project

Siemens Gamesa Renewable Energy (SGRE) has been awarded the firm order from RWE for the 1.4 GW Sofia offshore wind power project. Sofia represents a giant leap for the company; located 195 km off the UK’s north eastern coast on Dogger Bank in the North Sea, the project will be the first to install the company’s flagship 14 MW Direct Drive offshore wind turbine. At 593 […]

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$421 million of Loanpal Residential Solar Loans Securitized

Loanpal, a leading point-of-sale technology platform for sustainable home solutions, today announced that Goldman Sachs sponsored Loanpal Solar Loan 2021-2 Ltd. and Loanpal Solar Loan 2021-2 LLC have closed a securitization of approximately $421 million worth of residential solar loans originated on the Loanpal platform and previously purchased by Goldman Sachs, GoodFinch, Blackstone Credit and Davidson Kempner Capital Management […]

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ABB and Amazon Web Services Collab to Digitalize EV Fleet Management

The ABB Group and Amazon Web Services (AWS) have announced their partnership to develop a cloud-based digital solution for the real-time fleet management of Electric Vehicles (EVs). The solution will optimize the efficient use of EVs and speed up the electrification of transport fleets, helping operators worldwide maintain 100 percent business continuity as they transition […]

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AAP’s ‘Switch Delhi’ Focuses On Sensitizing Youth, Enters Final Week of Campaign

AAP’s ‘Switch Delhi’ – eight weeks electric vehicle (EV) campaign has entered its final week and the Delhi government is endeavouring towards sensitising youth about the perks of EVs and Delhi EV policy in the final week of the campaign. Transport minister Kailash Gahlot termed Delhi’s EV policy as the “most progressive policy around the […]

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Energy Transition to Renewables in US to Accelerate Over Next 2-3 Years: Report

The speed and scope of the energy transition to renewables will pick up pace over the next two to three years, according to the IEEFA’ U.S. Power Sector Outlook 2021. The report adds that solar and battery storage adoption is enjoying almost exponential growth, and wind and solar technology improvements have helped turn the two resources […]

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Apple Commits to More Clean Energy, With Energy Storage Marking a new Frontier

Apple has announced that it is investing in a major energy storage project in California to pilot new solutions for renewable infrastructure. Apple has announced that over 110 of its manufacturing partners around the world are moving to 100 percent renewable energy for their Apple production, with nearly 8 gigawatts (GW) of planned clean energy […]

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RERC Invites CSR Funding to Energise Schools in Rajasthan With Solar

In a follow up to its draft order issued on February 10, regarding provision of solar plants at schools that are off grid or have very poor grid connectivity, the Rajasthan Electricity Regulatory Commission (RERC), in an order on March 25, has responded to suggestions as well as queries from stakeholders. The order has followed […]

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