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EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price

Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […]

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229.25 RE Capacity Added in First 10 Months of FY21 in Andhra Pradesh

Data from NREDCAP has revealed that in the first 10 months of the FY21, Andhra Pradesh had 229.25 MW of RE capacity connected to its grid. The New and Renewable Energy Development Corporation of AP (NREDCAP) has issued the updated status of renewable energy (RE) projects commissioned in the state of Andhra Pradesh (until January […]

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Urgency of Meeting Electricity Demand in China From Zero-Carbon Sources: Report

A new report has highlighted both the opportunity and urgency of meeting electricity demand growth in China from zero-carbon sources. On September 22, 2020, President Xi Jinping announced that China will strive to peak emissions before 2030 and achieve carbon neutrality before 2060. This new climate pledge is a critical step forward in the global […]

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3rd Deadline Extension for Empanelment of Agencies in E-Mobility Space

SECI has, for the third time, extended its EOI for empanelment of agencies for work on business opportunities in the e-mobility space The Solar Energy Corporation of India (SECI) has, for now, the third time, extended its EOI for empanelment of agencies for the identification & implementation of business opportunities in the electric mobility (e-mobility) […]

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California Extends & Expands Contract With Beam for Rapidly Deployed EV Charging Products

Beam Global, a leading provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media and energy security, announced that the State of California has extended Beam Global’s contract #1-18-61-16 to supply EV ARC™ systems to State of California Departments and other governmental entities, and expanded the contract to include government entities in other […]

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Pepsico Sets new Goal to cut Carbon Emissions by More Than 40% by 2030

Pepsico has set an ambitious new goal to cut carbon emissions by more than 40% by 2030 – more than doubling its previous climate objective. Climate action can’t wait. Today we’re more than doubling our climate goal and pledging net-zero emissions by 2040, ten years ahead of the Paris Agreement target. Learn more here: https://t.co/JDxtyOzVFn #ClimateAmbition […]

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New York Awards Equinor and bp 2490 MW in Offshore Wind Contracts

Equinor and bp have been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements in the US to date. Equinor, along with incoming strategic partner bp, has been selected to provide New York State with offshore wind power in one of the largest renewable energy procurements […]

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Mitsubishi Power Bagged Storage Orders Worth 151,000 MWh in Americas in 2020

Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with 151,000 MWh in energy storage orders Mitsubishi Power has claimed the number one market share position in the Americas in 2020 with orders for 151,000 megawatt-hours (MWh) of energy storage capacity of all durations. The all-duration category covers utility-scale […]

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Sterlite Power Appoints Amitabh Prasad as Brazil CEO

Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […]

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