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Norwegian Fund To Invest $62 Million In SAEL To Help Develop 3GW Renewables

The new Norwegian Climate Investment Fund has said that it will be investing about NOK 600 million or $62 million (Rs. 500 crores) in equity in Sukhbir Agro Energy Limited (SAEL). As per the official statement of the fund, the investment will contribute to avoiding more than 2.8 million tons of CO2 emissions. Given the […]

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The Top 5: Challenges to EV Growth in 2023

The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India.  According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […]

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Rajasthan Water Resources Dept Issues Tender For Solar Based Micro Irrigation

The Water Resources Department in Rajasthan has issued a tender for planning, designing and construction of solar based micro-irrigation project for 140 hectares of cultivable command area (CCA) at Bhabhrana Anicut, 226 hectares at Dholpur Anicut and 140 hectares at Anicut in Dungarpur district. The total cost of the project is estimated at Rs 81.83 […]

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JVVNL Issues Tender For 31 MW Solar Projects Under PM-KUSUM

The Jodhpur Vidyut Vitran Nigam (JVVNL) has called for bids to develop 31.02 MW grid-connected solar projects under ‘Component C’ of the PM-KUSUM meant for the solarization of power grids. The last date for bidders to submit the bids is February 20, 2023. The bid opening date is February 22. As per JVVNL, 13 solar […]

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Gujarat Tableau At R Day Parade To Underline Its Leadership In Clean Energy

‘Clean-Green Energy Efficient Gujarat’ will be Gujarat’s theme for the Republic Day parade tableau to be held in New Delhi on January 26, an official release said earlier this week. The announcement in many ways underlines the vital role the state is going to play in India’s clean energy plans. Blessed with a long coastline […]

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Rajesh Exports Signs Agreement With Centre & Karnataka For 5GWh Lithium Cells Factory

Rajesh Exports Limited (REL) has announced that it has signed a tripartite agreement with the Central Government and Karnataka state government under which it will set up a 5 GWh gigafactory to manufacture lithium ion cells for battery production. The company said that it was selected by the Central Government as one among the successful […]

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US based Hecate Energy Closes $550 Million Financing Package For Green Ambitions

Hecate Energy, a leading developer of renewable power projects and energy storage solutions in the United States, today announced the recent close of a five-year $550 million credit facility package, inclusive of a $250 million term loan and $300 million Letter of Credit (“LC”) facility to support further expansion of its solar and energy storage project pipeline. The new credit facilities […]

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