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EverSource Closes India’s Largest Climate Impact Fund at US$ 741 million

EverSource Capital (EverSource) has completed the final close of India’s largest climate impact fund, Green Growth Equity Fund (the Fund), at US$ 741 million, making GGEF one of the largest single-country funds focused on Climate change, Mitigation and Adaptation in the emerging markets. EverSource is investing to combat climate change by focusing on the decarbonization of energy and resource […]

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Green Firm Renew Power Raises $400 M from Global Debt Investors

ReNew Power has raised USD 400 million from global debt investors, making it the second issue from the country after Reliance Industries’ mop-up of USD 4 billion. The renewable energy firm said the money was raised by the Mauritius-based Clean Energy Holdings, a wholly-owned subsidiary of Renew Energy Global Plc that is the parent of […]

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Vedanta Aluminium, GEAR India to Deploy Lithium-Ion Forklift Fleets

Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, has signed an agreement with GEAR (Gemini Equipment and Rentals Private Limited) India, to deploy one of the largest fleets of lithium-ion battery-powered electric forklifts, becoming the first in Indian aluminium industry to undertake such an initiative. The company shall commission 23 such forklifts […]

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Ginlong Solis Selected For “Best Companies To Work’ Award

Ginlong technologies (Solis) was awarded ‘Best Companies to Work For In Asia’ after competing with hundreds of companies in different fields. The award recognises the contribution of the enterprise talent management system construction and value improvement, affirming the achievements of Ginlong Technology (Solis) in the core value of talent management, performance management, incentive system, and […]

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Tata Power-DDL Wins in 2 Categories at 13th Global CSR Awards

Tata Power Delhi Distribution (Tata Power-DDL) has recently won two prominent awards at the prestigious 13th Global CSR Awards: the Platinum Award under the ‘Best Country Award for Overall CSR Performance’ category and the Silver Award under the ‘Best Community Programme’ category. The company serves round 7 million people in the national capital. The Global CSR […]

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Coal Demand Rises In India, IEA Says Net Zero Should Have Stronger Implications

The IEA’s Coal 2021 report shares worrying insights for India. The global power generation from coal is expected to take a leap by 9% in 2021, after consecutively falling in the previous two years. An all-time high of 10,350 terawatt-hours is the demand so far.  India is the second-largest producer, consumer and importer has received […]

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Tata Motors Forms New EV Subsidiary: Tata Motors Electric Mobility Ltd

Auto major Tata Motors on Wednesday informed that the company has incorporated a wholly owned subsidiary, Tata Passenger Electric Mobility Limited, which will be involved in manufacturing of electric motor vehicles. The Ministry of Corporate Affairs has issued the certificate of incorporation for the same on December 21, 2021. The subsidiary has been incorporated to […]

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iCreate Incubated Charge+Zone Signs MOU for 50,000 Charging Stations

iCreate, the Gujarat government backed tech startup incubator has facilitated a partnership between it’s supported start-up CHARGE+ZONE, a technology-driven EV Charging Networks company and the Government of Gujarat, for $300 Million investment, in an endeavour to set up a network of un-manned, app-driven 10,000 charging stations  within the state of Gujarat on national and state […]

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Top 3 Things You Need to Know About PV Plant Safety

  Introduction Solar energy has become one of the most popular forms of renewable Energy and the numbers of PV systems in use have rapidly grown in recent years. Like any energy generating option, Safety is always a key focus of attention. A solar system is normally composed of PV array, inverter, combiner box and […]

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