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renewable energy

Natron Raises $35 Mn to Expand Sodium-Ion Battery Commercialisation

Natron Energy, a leading developer of low-cost Sodium-ion batteries using Prussian Blue chemistry, has raised USD 35 million in Series D funding Natron Energy, a leading developer and supplier of high-power, long-life and low-cost Sodium-ion batteries using Prussian Blue chemistry, has announced that it has raised USD 35 million in Series D funding to further []

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Tender Issued for 25 MW Canal Top Solar Plants in Karnataka

SSCL has tendered for setting up 25 MW solar plants on the Upper Tanga Canal Stretches passing through the Shivamogga City in Karnataka on DBFOT Basis. Shivamogga Smart City (SSCL) has issued a tender, inviting bids from eligible firms for setting up of 25 MW solar PV power plants on the Upper Tanga Canal Stretches []

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Italys ENEL Has Norways 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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ADB Becomes Observer for the Network for Greening the Financial System

ADB has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer The Asian Development Bank (ADB) joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as an observer on June 23, 2020. NGFS, launched at the Paris One Planet Summit on December 12, 2017, []

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Sunrun to Acquire Vivint Solar for Enterprise Value of $3.2 Billion

Sunrun and Vivint Solar have entered into a definitive agreement under which Sunrun will acquire Vivint Solar in an all-stock transaction Sunrun, a leading provider of residential solar, battery storage and energy services, and Vivint Solar, a leading full-service residential solar provider in the United States, have announced that the companies have entered into a []

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JinkoSolar to Supply PV Modules Worth 126 MW for Chile Project

JinkoSolar will supply 126 MW of solar modules for the expansion of an existing 160 MW solar PV park in Chile. JinkoSolar, one of the largest solar module manufacturers in the world, has announced that it will supply 126 MW of solar modules for the expansion of an existing 160 MW solar PV park in Chile. []

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Foreign Firms Attracted to Competitive Bidding in Indian Solar Tenders: CRISIL

Rating agency CRISIL has said the absence of any formal duty on imports at the time of project tendering and lower returns globally in the wake of the COVID-19 outbreak have resulted in competitive tariff rates in the solar energy sector. According to the agency, a chance coming together of several positives has led to []

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AIPEF Requests all CMs to Reject the Electricity Amendment Bill

AIPEF has urged all CMs to reject the Electricity Amendment Bill saying that the new amendments will weaken the authority of states in the power sector. The All India Power Engineers Federation (AIPEF) has urged all chief ministers (CMs) to reject the proposed Electricity Amendment Bill 2020 saying that the draft amendments in the new bill will weaken the authority []

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