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Orient Cement Goes With AMP Energy For Captive Renewable Generation

Orient Cement, which has plants in Maharashtra, Telangana and Karnataka,has signed up for a 26 percent stake in AMP Solar Systems, a step down subsidiary of AMP Solar Technology. The new firm, which was incorporated in May 2020, will set up a solar power plant in Maharashtra to serve primarily as a captive supplier of […]

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Key Factors Behind India’s Record Low Solar Tariff of Rs 2/kWh: IEEFA

In the recent SECI auction, India set a new record low solar tariff of Rs 2/kWh, IEEFA takes a look at the key factors behind it. In the recent Solar Energy Corporation of India (SECI) auction which was concluded on November 23, 2020, India set a new record low tariff for solar projects at Rs […]

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Bengaluru’s Three Wheels United Enters Third Derivative’s Inaugural Cohort

A Bengaluru based, Three Wheels United (TWU) has announced their selection in the Third Derivative’s inaugural cohort of climate innovation startups, in a press release on 2nd December 2020. TWU a tech-enabled financier of light electric vehicles is one of the 50 climate innovation startups, selected from more than 600 applicants across 60+ countries. Founded […]

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Tata Nexon EV Crosses 2000 Sales Milestone

Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. Tata Motors has announced that its flagship electric vehicle, the Nexon EV, has surpassed the 2000 sales milestone. The firm states that in over 10 months, since launch, the sales of the Nexon EV reached 2200 units […]

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Ecoppia IPO in Israel Signals Maturity In Robotic Cleaning For Solar

Ecoppia Scientific Ltd, the Israel-based leader in water-free solar panel cleaning robots, has raised USD 82.5 million from institutional investors in its initial public offering (IPO) in Tel Aviv. That has supported the firm’s IPO completion with the public. Listing should happen this week. The IPO values the company at around USD 300 million, it […]

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ADM Capital Launches Emerging Asia Renewable Energy Debt Fund

ADM Capital has received a USD 100 million seed commitment from AIIB to launch a new Asia-focused debt fund dedicated to renewable energy Hong Kong-headquartered investment manager with specialist experience in Asia Pacific credit and sustainable investment – ADM Capital has announced that it has received a USD 100 million seed commitment from the Asian […]

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REC Files Lawsuit Against Hanwha Q Cells In The US

REC Group, the Norway headquartered Solar manufacturer with its manufacturing in Singapore, has filed a patent Infringement Lawsuit against Hanwha Q Cells in an American District Court on 30th November 2020. Hanwha Q Cells itself, headquartered in South Korea, is no stranger to patent related lawsuits, having filed one in March 2019 relating to its […]

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Growth in Number of Profitable DRE Enterprises in FY 2019/20: Report

A new report surveying 63 DRE businesses showed that there was a growth in the number of profitable RE businesses in FY 2019/20. The fourth edition of the ‘State of the Decentralized Renewable Energy Sector in India 2019/20’ report was recently launched by the CLEAN Network, in an attempt to present an overview of the […]

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Carlsberg Partners With Solar Desalination Firm to Purify Sundarbans Water

The Carlsberg Group has partnered with solar desalination technology firm Desolenator for converting saline water to clean drinking water in the Sundarbans Multinational brewer Carlsberg Group has announced that it has partnered with Netherlands-based solar desalination technology company Desolenator for converting saline water to clean drinking water for a town of 4,000 people in the Sundarbans, West Bengal. Desolenator is the […]

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