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Hyundai to Operate 44 Electrified Vehicles by 2025, 11 Battery EVs

Hyundai Motor Group has revealed its product strategy until 2025, with the auto giant planning to operate 44 electrified vehicles by 2025 Hyundai Motor Group has revealed its product strategy until 2025. The South Korean auto giant has announced that it plans to operate 44 electrified vehicles by 2025, including both BEV and plug-in hybrid […]

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Vestas Secures 252 MW Turbine Order for 3 Wind Energy Projects in Russia

Vestas has been awarded an order for 252 MW for three wind energy projects in Russia from WEDF. The projects will comprise of 60 wind turbines. Vestas has announced that it has been awarded an order for 252 MW for three wind energy projects in Russia from WEDF (Wind Energy Development Fund), a joint investment […]

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Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round

Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price. Michigan-based electric pickup truck startup Rivian has announced that it has closed an investment/ funding round of USD 1.3 billion. The financing was led by funds and accounts […]

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Azure Power’s $75 mn Private Placement Successfully Completed

Azure Power has informed that its previously announced USD 75 million private placement has been completed, issued 6,493,506 equity shares to CDPQ Azure Power Global, a leading independent solar power developer in India, has informed that its previously announced USD 75 million private placement has been completed and that it has issued 6,493,506 equity shares […]

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Siemens Gamesa Secures €230 m Green Guarantee Line, Totals €1.48 bn

Siemens Gamesa has accumulated 1.48 billion euro in green guarantee after it closed a deal worth EUR 230 million with Societe Generale Siemens Gamesa Renewable Energy (SGRE) has announced that it has accumulated 1.48 billion euro in green guarantee lines in less than a year after it closed a deal with Societe Generale to convert […]

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100 GW Milestone Achieved, Sungrow Looks To New Horizons for Growth

Hefei, China based Sungrow Power Supply Company (Sungrow) announced a key milestone of 100 GW of cumulative installations for its inverter range this week, before the end of the year 2019. The firm  has a wide offering of inverters for renewable deployment, with sizes ranging from 2.5 KW for rooftops to 6.8 MW for Utility […]

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MNRE Missing Yearly RE Targets, 175 GW by 2022 in Danger: Parliamentary Panel

MNRE has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 GW of RE by 2022. The Ministry of New and Renewable Energy (MNRE) has continuously failed to achieve its yearly targets of clean energy capacity addition, which may hamper the mission of having 175 […]

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Nordex Wins 138 MW Wind Turbine Order in Mexico

The Nordex Group has announced that it has received an order to supply and install 42 wind turbines with a combined rated output of 138 MW in Mexico The Nordex Group has announced that it has received an order to supply and install a total of 40 AW132/3300 and two AW132/3000 wind turbines with a […]

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Assam Issues Tender Seeking Operators for 100 Electric Buses

ASTC has issued a tender for the selection of bus operators for the supply, operation, and maintenance of 100 electric buses in Assam. The Assam State Transport Corporation (ASTC) has issued a tender, inviting bids from eligible firms for selection of bus operators for the supply, operation, and maintenance of 100 electric buses in the […]

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