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Hannon Armstrong Invests in 1.6 GW Renewable Energy Portfolio of Clearway Energy

Hannon Armstrong Sustainable Infrastructure Capital, a leading investor in climate solutions, today announced a preferred equity investment in an approximately 1.6 gigawatt (GW) onshore wind and utility-scale solar portfolio developed and managed by Clearway Energy Group, one of the largest developers and operators of clean energy in the United States with a pipeline of 9 […]

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Ola Exploring Sites for Network of Charging Stations in India & Europe

Indian ride-hailing firm, Ola is searching multiple sites to build a network of charging stations for electric two-wheelers(E-2Ws) across India and Europe. The E-mobility driven Ola, is searching in 50 cities in India and different locations in Europe to build the global network of charging infrastructure, according to sources privy to the development. Also, over […]

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COVID-19 Slowed Down Energy Efficiency Progress in the US: Report

More US states adopted or advanced new energy-saving targets, but COVID-19 slowed other efficiency efforts, according to the ‘2020 State Energy Efficiency Scorecard’. More US states have adopted or advanced new energy-saving targets and vehicle and appliance rules, but COVID-19 slowed other efficiency efforts, according to the ‘2020 State Energy Efficiency Scorecard’. For the first […]

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Xcel Energy Brings Up 522-MW Wind Plant in New Mexico

The U.S. based Xcel Energy Inc. has built the 522-MW Sagamore Wind Plant, switching on its 240 turbines in the state of New Mexico. As the company says, more than USD 900 million has been invested in the wind plant which will be operational before the end of December 2020. Enlighting on the project, David […]

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MoU Signed Between Banks and BEE for Power Efficiency Projects

APSECM will enter into an MoU with the BEE for facilitating the financing of energy-efficiency projects in the state under PRGFEE scheme. Andhra Energy Secretary Srikant Nagulapalli said that the committee of financial institutions, empanelled by AP State Energy Conservation Mission (APSECM), will enter into a memorandum of understanding (MoU) with the Bureau of Energy Efficiency (BEE) for […]

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Ola Gears Up For Electric Scooter Entry With MOU For Plant in Tamil Nadu

Ola, the largest Indian ride-hailing firm is beginning its journey into EV manufacturing with a plant to make electric scooters in Tamil Nadu, India.  The SoftBank- financed company will reportedly invest Rs. 2,400 Crores in setting up the world’s largest scooter manufacturing facility in India which will produce approximately 10,000 jobs in the country. On […]

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sPower Expands New York Portfolio Through 1-Gigawatt Acquisition

sPower, a leading renewable energy Independent Power Producer (IPP), announced today the acquisition of nine solar projects in New York from National Grid Renewables, the renewable energy arm of National Grid’s competitive, unregulated division. The portfolio includes projects in Franklin, Jefferson, Chautauqua, Lewis, and other counties across Upstate New York. This portfolio is estimated to […]

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Britishvolt Finalises Site For Britain’s First Battery Gigaplant

Britishvolt, which had signed an MOU for the country’s first Gigaplant sometime back, has finally identified a site at Blyth, Northumberland for the plant.  With an investment of 2.6 billion Euros, construction is expected to start in the second quarter of 2021. The massive plant is seen as vital to supporting the UK’s push for […]

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