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EESL Signs Pact With NOIDA to Install EV Charging Stations

EESL has signed an agreement with the NOIDA authority to promote electric vehicles and install public EV charging stations and related infrastructure. The Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has signed an agreement with the New Okhla Industrial Development Authority (NOIDA) to promote electric vehicles (EV) […]

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OLADE, IRENA put RE at Heart of Economic Recovery in LAC

IRENA and OLADE will boost ties to put the renewables-driven energy transformation at the heart of LAC economic recovery following the COVID-19 outbreak. The International Renewable Energy Agency (IRENA) and the Latin American Energy Organization (OLADE) will boost ties to put the renewables-driven energy transformation at the heart of Latin America and the Caribbean (LAC) […]

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$5 Bn Green Hydrogen Project to Come up in Saudi Arabia

Air Products, ACWA Power and NEOM, have agreed on a USD 5 billion green hydrogen-based ammonia production facility in NOEM, Saudi Arabia. Air Products, in conjunction with ACWA Power and NEOM, has announced the signing of an agreement for a USD 5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. The project, which will be […]

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Italy’s ENEL Has Norway’s Norfund Backing It For India Foray

Rome – based Enel SpA,  which recently won its first big solar energy tender in India, announced on Wednesday that its subsidiary firm Enel Green Power has signed an agreement with the Norwegian Investment Fund (Norfund)  to back its renewable projects in India. Both firms will share in the costs of establishing the projects in […]

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CleanMax Receives Financing From GCPF for Southeast Asia Expansion

GCPF has announced the closure of a transaction, which will enable CleanMax to expand its operations into Southeast Asia, targeting Thailand first. The Global Climate Partnership Fund (GCPF) has announced the closure of a transaction, which will enable Indian commercial and industrial (C&I) solar leader CleanMax to expand its operations into Southeast Asia, targeting Thailand […]

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EIB to Provide Support for 3 First-of-a-Kind Climate Action Projects

EIB has signed 3 agreements with leading European innovators to collaborate on the development and financing of new projects that address climate change. The European Investment Bank (EIB), one of the world’s largest providers of climate finance, has announced that it has signed three agreements with leading European innovators to collaborate on the development and […]

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Sterlite Power Concludes Refinancing of GPTL Project With HDFC Bank

Sterlite Power has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project with HDFC Bank. Leading global power transmission player – Sterlite Power has announced that it has successfully completed the refinancing of the loan for the Gurgaon Palwal Transmission Limited (GPTL) project, within 3 months of the project […]

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IEX Market Sees 5 Percent Growth to Reach 4790 MUs in June

The electricity market at the IEX witnessed a total trade of 4,790 MUs in June, recording a 5 percent year-on-year increase The electricity market at the Indian Energy Exchange (IEX) witnessed a total trade of 4,790 million units (MUs) in June, recording a 5 percent year-on-year increase despite the national peak demand registering a 10 percent decline during the month. Increased economic […]

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SunSource Energy Bags 1.95 MW Solar Plus BESS Project in Lakshadweep

SunSource Energy has won a 1.95 MW solar PV project with a 2.15 MWh BESS from the Solar Energy Corporation of India (SECI) in Lakshadweep. SunSource Energy has announced that it has bagged a 1.95 MW solar PV power plant project with a 2.15 MWh battery energy storage station (BESS) from the Solar Energy Corporation […]

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