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Gulf Energy Invests in 565 MW of Offshore Wind Projects in Germany, Vietnam

Gulf Energy Development has invested in two offshore wind energy projects worth a combined 565 MW capacity in Germany and Vietnam. Thailand-based Gulf Energy Development which is primarily engaged in the energy sector has announced that it has invested in two offshore wind energy projects worth a combined 565 MW capacity in Germany and Vietnam. In Germany, […]

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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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Viability of Rs 2.36/Unit to Depend on Module Prices & Duty: ICRA

The viability of the Rs 2.36/Unit tariffs are critically dependent on PV module prices and the proposed pass through on import duty, according to ICRA. The recently concluded tranche IX auction for inter-state transmission systems (ISTS) solar projects by the Solar Energy Corporation of India (SECI) yielded the lowest ever tariffs at Rs 2.36/unit, considerably […]

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SECI Tenders for 5 MW Solar Power Plant at Tuticorin Port

SECI has issued a tender for setting up a 5 MW grid-connected solar PV power plant at the V. O. Chidambaranar Port Trust (VOCPT) in Tuticorin, Tamil Nadu. The Solar Energy Corporation of India (SECI) has issued a tender, inviting bids from eligible firms for setting up a 5 MW grid-connected solar PV power plant […]

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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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The Perils Of A High Customs Duty Regime

Every crisis brings an opportunity with it. This is because obstacles considered insurmountable earlier, can become a lot more manageable in the rush of a crisis. India’s government has clearly decided to use the Covid-19, followed by the now bloody border dispute with China, as the opportunity to set things right for manufacturing in India. […]

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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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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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