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EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore

Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […]

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Shell & Total Still Investing Much More in Fossil Fuels Than RE: IEEFA

While Shell and Total are shifting towards RE technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report While Shell and Total are shifting towards renewable energy (RE) technologies, around 90 percent of their capital continues to be spent on fossil fuels, finds a new report from […]

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Discoms’ Revenues to Fall 13.1% With Decline in Power Demand: Report

According to a new report, power demand is expected to decline by around 8% in current fiscal and is likely to result in a 13.1 percent YoY decline in revenues of Discoms. Power demand is expected to decline by around 8 percent in current fiscal due to the steep fall in demand from commercial and […]

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Greenko and Onyx Insight Partner in Condition Monitoring 1st for Indian Renewables

In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight In a condition monitoring retrofit first for the Indian renewables market, independent power producer (IPP) Greenko has teamed up with ONYX InSight, a leading global predictive analytics and engineering firm, to modernise 500 […]

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Microsoft, Nike, Wipro and More Launch ‘Transform to Net Zero’ Initiative

Nine companies have announced the establishment of a new initiative ‘Transform to Net Zero’ to accelerate the transition to a net-zero global economy. The heads of nine companies have announced the establishment of a new initiative to accelerate the transition to a net-zero global economy. The initiative, known as Transform to Net Zero, intends to […]

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Vestas Secures Turbine Orders Worth 191 MW in Vietnam and Japan

Vestas has announced that it has secured three turbine orders worth a combined 191 MW capacity for three projects in Vietnam and Japan. The leading wind turbine manufacturer and supplier in the world – Vestas has announced that it has won three orders worth a combined 191 MW for projects in Vietnam and Japan. The […]

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Record Number of Microgrids Installed in US Last Year: WoodMac

546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. 546 microgrids were installed in the United States during 2019, more than any previous year, according to new research from Wood Mackenzie. Three organizations – PowerSecure, Enchanted Rock and The American Red Cross – installed a combined […]

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Apple Commits to 100% Carbon Neutral for Supply Chain and Products

Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. Apple has unveiled its plan to become carbon neutral across its entire business, manufacturing supply chain, and product life cycle by 2030. The company is already carbon neutral for its global corporate operations, […]

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