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renewable energy investment

Niti Aayog Report on Towards a Clean Energy Economy

The report, Towards a Clean Energy Economy: Post-COVID-19 Opportunities for India’s Energy and Mobility Sectors, by government think tank Niti Aayog and the Rocky Mountain Institute (RMI), advocates for stimulus and recovery efforts including electric vehicle, energy storage, and renewable energy programs. It details how COVID-19 is influencing the clean energy transition in India, as well as identifying principles […]

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Green Energy can Shoulder India’s Economic Recovery After COVID-19: Report

A new report shows how COVID-19 is influencing principles and strategic opportunities in the clean energy transition to support the economic recovery. A new report has detailed how COVID-19 is influencing the clean energy transition in India, as well as identifying principles and strategic opportunities that if implemented well, will drive economic recovery and maintain momentum […]

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How India has Become the World’s Largest Clean Energy Auction Market: BNEF

BNEF has released a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market Bloomberg Philanthropies and BloombergNEF (BNEF) released “India’s Clean Power Revolution,” a new white paper detailing how India has become the world’s largest and most competitive clean energy auction market – and a model […]

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MNRE Forms PDC; Invites Stakeholders for Investment in India’s RE Sector

With an aim to attract investment for the renewable energy (RE) sector in India, the Ministry of New and Renewable Energy (MNRE) has now formed the much-awaited Project Development Cell (PDC) in its Ministry. The move is in line with the Central Government’s earlier directive to set up an ‘Empowered group of Secretaries (EGoS) and […]

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Avaada Energy Gets LoA from MSEDCL to Develop 350 MW Solar Plant in M’rashtra

Vineet Mittal-led Avaada Energy, a leading solar energy developer, has secured the Letter of Award (LoA) from Maharashtra State Electricity Distribution Co Ltd (MSEDCL) to develop 350 MW solar photovoltaic (PV) project in the state. Mumbai-headquartered Avaada Energy said in a statement that “it has been accorded a Letter of Award (LoA) to develop a […]

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Galehead Originates 100 MW Solar Project for Clearway Energy

Galehead has announced that it has completed its scope on the joint development of a 100 MW utility-scale solar project with Clearway Energy Galehead Development, an independent Boston-based energy development platform, has announced it has completed its scope on the joint development of a 100 MW utility-scale solar project with Clearway Energy, one of the […]

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Funding For Renewable Energy Software Development- Clir Raises C $1.7M

Vancouver, Canada based Clir Renewables has announced a Canadian $ 1.7 million debt funding from In yet Silicon Valley bank. The funding dives home just how critical software is becoming to managing and assessing renewable energy performance, as tools like AI, 5G and more make an entry in ever larger ways. Clir invests in expanding […]

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Renewable Enterprise Software Firm Pexapark Raises €6m Funding

Zurich, Switzerland based Pexapark has raised €6m in its second funding round. The firm was started up in 2017 by Michael Waldner, Luca Pedretti and Florian Müller, BayWa r.e. Energy Ventures, Encavis, and RP Global are the investors that have invested to back Pexapark’s software and advisory services that help manage financial risk in the […]

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MNRE to Form Project Development Cell for Attracting Investments in India

MNRE is constituting its own Project Development Cell (PDC) for attracting investments in India, by the development of investible projects in the country The Ministry of New and Renewable Energy (MNRE) has announced that the Central Government has approved the setting up of an Empowered Group of Secretaries (EGoS) and Project Development Cell (PDC) in […]

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