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renewable energy investment

US and India announces creation of a $20 million USICEF initiative

The United States welcomed the launch of the International Solar Alliance (ISA), recognizes the critical role it can play in the development and deployment of solar power, and intends pursuing membership in the ISA. To further strengthen ISA together, US and India will jointly launch the third Initiative of the ISA which will focus on […]

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India Needs Over A Million Additional Engineers by 2050 for RE Vision: IREDA Chief

Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the Visionary Talk hosted by the 39th Indian Engineering Congress at Kolkata on 20th December 2024. In his address, CMD, IREDA spoke about the critical need for talent to drive the Renewable Energy sector both in India and […]

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Shriram Finance Consolidates Its Green Finance Business

Shriram Finance Limited (Shriram Finance), the flagship company of the Shriram Group has announced consolidating all its green financing initiatives under Shriram Green Finance. These financing services will be dedicated to funding initiatives beyond electric vehicles. With this step, the firm has planned to diversify its funding portfolio. Shriram Green Finance consolidates the green finance […]

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ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge

A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […]

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ADB Invests $10 Mn For Climate Tech Innovation In Sub-Saharan Africa

The African Development Bank (ADB) recently announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund). This funding envisions propelling climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock $70 million in funding for African climate-focused ventures. The ACV […]

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Inox Wind Wins 60 MW Order From Serentica For Karnataka Project

Inox Wind Limited (IWL), a wind energy solutions provider, today announced bagging a 60 MW order from Serentica Renewables (Serentica), a commercial and Industrial (C&I) focused renewable energy company in India. This order is to supply 3 MW class turbines and will be delivered within H1 CY25. Additionally, IWL will provide multi-year post-commissioning Operations and […]

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Maharashtra: RMC Switchgears Gets Rs 90 Cr Solar Pump Order

Rajasthan-based RMC Switchgears recently received a Letter of Acceptance (LOA) from a system integrator to supply, and commission 5,000 solar pumps in Maharashtra. The Rs 90 crores (excluding taxes) project LOA comprises 3HP, 5HP, and 7HP solar pump systems. This project is slated to be completed by FY25-26. The company recently shared its plans to […]

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Will India’s Lithium Battery Makers Be Next In Line For Protection From China?

Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […]

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Lead – Commercial & Analytics

Support new business opportunity qualification decisions through extensive market analysis with the objective of supporting the sustainable growth of Apraava Energy Greenfield portfolio Keep abreast of micro and macro-economic developments in the Renewable Energy, Transmission and Energy Transition space; Determine their impact on Apraava Energy and communicate the same to the team. Analyze and interpret […]

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