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Canadian Government Has Invested $765,000 to Deploy 117 V1G EV Chargers

Canada-based Energy-Tech company, Peak Power has announced that it has received $765000 worth  investment from the Canadian Government. With this investment, Peak Power will install 117 V1G EV chargers to achieve a zero-emission target under the Zero Emission Vehicle Infrastructure Program (ZEVIP). The total cost of the ZEVIP program is over $1.6 million. The V1G […]

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Volkswagen And Audi Seal Deal With Redwood On EV Battery Recycling In US

Automobile majors, Volkswagen and Audi have resurrected their plans for old battery packs from their fleet of EVs. The two automobile giants have sealed a deal with Redwood to recover and recycle end-of-life EV battery packs from their networks in the United States. In accordance with this deal, Redwood will bring the packs to its […]

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Vodafone Launches Competition For Renewable Power Solutions For Its Towers

Global telecom conglomerate Vodafone has launched a global competition where players are invited to come up with innovations that can lead to generation of renewable power at mobile phone tower sites itself. Vodafone has joined hands with Vodacom, which is its Africa-based sister company as well as Vantage Towers, its European tower business. In the […]

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Syngene Announces Acquisition of 26% Stake in Ampyr

The corporate sector is bullish about investments in the renewable sector reasoned by the availability of cheap power and compulsions under ESG ambitions. In a latest development, Syngene International has revealed that it is looking to acquire up to 26 per cent equity stake in Ampyr Renewable Energy Resources Eleven, which is a SPV formed […]

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CEEW & Villgro Join Hands to Foster SHSPs In Villages

A USD 3 million initiative introduction by Council On Energy, Environment & Water (CEEW) and Villgro, one of the world’s largest social enterprise, Powering Livelihoods is paving the way to bring clean energy-based solutions to the rural economy in a gender-inclusive manner. Powering Livelihoods works with enterprises developing innovative appliances, such as Sub-HP solar pumps, […]

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ReNew To Refinance Dollar-Denominated Bonds, First RE Player To Do So In India

India renewable energy major ReNew Energy Global has announced that it has successfully refinanced its 2024 maturity dollar-denominated bonds with amortizing project debt from an Indian non-bank financial company. ReNew claims to have become the first Indian renewable energy company to have done this. The official statement of ReNew held that issued bonds worth $ […]

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Sterling and Wilson Renewable Q1 Results- Losses Up To Rs 353 crores

Leading Solar EPC Sterling And Wilson Renewable Energy Limited has (SWREL) reported its financial results for the period ended June 30, 2022, or Q1 for the firm. The quarter also marked the completion of one year with Amit Jain as CEO at the firm. In the June quarter, the company has reported an over 10% […]

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300 MW Hybrid Project: MERC Approves Reduced Tarrif Of Rs 2.56/KWh

Maharashtra Electricity Regulatory Commission (MERC) recently ordered that the voluntarily offered tariff of Rs. 2.56 per unit be applicable for supply of 300 MW RE wind-solar hybrid power by T.P. Saurya Limited (subsidiary of Tata Power) to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). A three-judge bench comprising Sanjay Kumar, IM Bohari and Mahesh Khullar, […]

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IEA Calls For Innovation To Bridge Gap Between Demand & Supply Of Metals For EV Batteries

The autonomous intergovernmental organisation that shapes policies related to energy for countries, International Energy Agency (IEA) has published a 68-page report “Global Supply Chains of EV Batteries“. The report states that innovation alone can help bridge the fast increasing gap between demand and supply of critically important metals for EV batteries. The supply of critical […]

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