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Ørsted to Build its 1st Solar Energy Plus Storage Facility in Texas

Ørsted has commenced construction on its first utility-scale solar plus battery storage project, the 460 MW Permian Energy Center in Andrews County, Texas. The leading developer of Offshore wind energy projects globally, Ørsted has announced recently that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar […]

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Distributed Energy Launches Platform to Connect RE Projects with Investors; Raises Rs 10 Cr

The platform has already delivered 5 MW of energy to many companies in Southern India and Rwanda, it added. Distributed Energy, a renewable energy aggregator with a focus on the Indian market, on Monday has launched one of its kind unique platform for connecting credible renewable energy projects with investors. The company, which was co-founded by Mathew […]

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Investments in Climate Action Increasing, but not Fast Enough: Report

A new study shows that while investments in climate action have been steadily increasing, it remains far short of the economy-wide transformation required. Four years after world leaders negotiated the Paris Climate Agreement, national policies and market signals are starting to reflect the urgency of increasing finance into areas of the economy that address climate […]

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To Meet Paris Climate Target 8x Higher Solar, Wind Needed: DNV GL

Governments, businesses and society as a whole need to change the prevailing mindset from ‘business-as-usual’ to ‘business-as-unusual’ to fast-track the energy transition, says Ditlev Engel. In order to meet the targets of the Paris climate pact, there’s a need for taking extraordinary policy actions to promote renewable energy, electric vehicles (EVs), energy efficiency, new decarbonization […]

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Ratan Tata to Invest in Pune-Based EV Startup Tork Motors

Ratan Tata will invest an undisclosed amount in Pune-based EV startup Tork Motors Ratan Tata, chairman emeritus Tata Sons and an active angel investor has decided to invest an undisclosed amount in Pune-based electric motorcycle startup Tork Motors, the startup announced through its channels recently. ev The firm has been readying for the launch of […]

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World’s Largest Solar Battery Plant to Come Up in LA

8Minute, the largest independent solar company in the US, is planning to build a massive new facility called Eland Solar & Storage Center for its Los Angeles utility. After rejecting 8Minute’s proposal in August this year, the Los Angeles Department of Water and Power (LADWP) last week approved the 400 MW / 1.2 GWh project […]

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India Making Fantastic Efforts in Renewable Energy: UN Chief

India is a key to international efforts on climate action and is making a fantastic effort to grow its renewable energy basket, UN Chief Antonio Guterres has said. India is a very important actor and “fundamental partner” in international efforts on climate action and is making a “fantastic effort” to grow its renewable energy basket, UN chief […]

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Duke Energy Renewables Acquires 200 MW Texas Solar Plant From Canadian Solar

Duke Energy Renewables is expanding its solar energy portfolio by acquiring the 200 MW Rambler solar project in Texas from Canadian Solar. Duke Energy Renewables, a subsidiary of North Carolina-based power utility Duke Energy, is expanding its solar energy portfolio by acquiring the 200 megawatts (MW) / 266 megawatts peak (MWp) Rambler solar project from […]

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IAN Fund Invests Rs 12.4 Crore in Solar Panel Cleaning Solutions Firm

The IAN Fund has led an investment worth Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The IAN Fund, a seed fund worth Rs 375 crore, has led an investment amounting to Rs 12.4 crore in Pune-based solar panel cleaning solution startup Nocca Robotics. The investment also saw participation from prominent […]

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