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General Motors Aims to Become Carbon Neutral by 2040

US based automaker, General Motors yesterday announced its plans to become carbon neutral in its global operations by 2040. Also, the company has committed to setting science-based targets to achieve carbon neutrality.  In addition to this, the company has also signed the Business Ambition Pledge for 1.5⁰C, an urgent call to action from a global […]

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Ørsted Reorganises to Position for Future Growth

Over the past decade, Ørsted has successfully undertaken one of the most profound transformations in the global energy industry, transforming from a fossil-based Danish utility business into a global leader in green energy. Over the next decade, global renewable energy markets are expected to grow at double-digit annual growth rates, and installed renewable capacity is […]

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New RE Policy in Maharashtra to Attract Rs 75,000 Cr Investments: Raut

The new RE policy of Maharashtra will attract investments of Rs 75,000 crore in the state per Energy Minister Nitin Raut. The new renewable energy (RE) policy of Maharashtra will attract investments to the tune of Rs 75,000 crore in the state according to state Power and New & Renewable Energy Minister Nitin Raut. The minister made the […]

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Vikram Solar Commissions 140 MW Solar Project for NTPC in Uttar Pradesh

NTPC Limited has informed the stock exchanges that it has commissioned a 140 MW Solar Project at Bilhaur, Kanpur, Uttar Pradesh. The Statement -“In line with the Corporate Disclosure requirements, we wish to inform that consequent upon successful commissioning and due approvals, 140 MW capacity Bilhaur Solar PV Project at Bilhaur, Uttar Pradesh, has been […]

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Tata Power Solar Confirms Rs 460 Crore Project Award From GSECL

Tata Power Solar has received an LoA to build a 95 MW solar project for GSECL, the order value of the project is approximately Rs 460 crores. Tata Power Solar, one of India’s largest integrated solar companies and a wholly-owned subsidiary of Tata Power, has announced that it has received a Letter of Award (LoA) […]

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Statkraft and Aker Offshore Wind explore project opportunities in Norway

Statkraft, Europe’s largest renewable energy producer, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway. The companies will combine their strong, complementary skills and expertise to work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind facilities in Norway. Last year, the Norwegian government announced it will open for applications for licenses for the development of wind power in […]

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EDF Renewables Acquires Remaining Interest in EnterSolar

Investment Capitalizes on Accelerating Growth in C&I Solar Market EDF Renewables North America (EDFR), a leading developer in the renewable energy sector, today announced its 100-percent acquisition of EnterSolar, a national provider of distributed generation solar solutions to corporate commercial and industrial (C&I) customers. EDF Renewables previously held a 50-percent interest in EnterSolar in a strategic partnership […]

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Loanpal Receives $800+ Million in First External Investment Round

Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […]

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Navistar Launches Hydrogen Trucks, Collaborates with General Motor OneH2s

A subsidiary of Navistar International Corporation, Navistar Inc. has collaborated with General Motors and OneH2 to launch a complete solution for a zero-emission long-haul, hydrogen trucks system. Navistar says it will produce its first production model of the International RHTM Series of fuel cell electric vehicles (FCE) by 2024. Testing of the vehicles is expected […]

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