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Envision Energy Gets 2000 MW Wind Turbine Orders in India

Chinese wind turbines and energy management software provider, Envision Energy has announced that it has been awarded a 2000 MW (2GW) wind turbine order in India. Envision has said that a total of 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. The official statement of Envision held […]

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IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline

India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are:       (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […]

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Hygge Energy to install ‘Zero Emission Electric Mobility’ solution at THINK Gas CNG stations

Cleantech solutions provider Hygge Energy has signed an MoU with THINK Gas, a leading operator of CNG Stations in India, to set up ‘Zero Emission Electric Mobility’ solution at the latter’s CNG stations. Hygge’s software solution, which maximizes usage of renewable energy for the purpose of EV charging, will be installed at THINK Gas’s CNG […]

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Assistant Manager Procurement

Responsible for Sourcing & procurement of equipment, goods and services and managing vendors. This position will manage reliable and cost-effective supply chain strategies to deliver the materials, equipment, supplies and service to the manufacturing and business operations. This position works closely with Manufacturing, Logistics, Quality, Engineering and Finance and reports to the Procurement Manager. Activities:- […]

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Germany’s GridX secures $40 Million in Series C Funding

GridX, a German enterprise rate platform provider to modern utilities and energy technology companies, has closed $40 million in Series C funding led by Energy Impact Partners (EIP), a global investment platform. Moore Strategic Ventures (MSV), Sunfox Capital and NGP ETP also participated in the round with Hunter Horgan of MSV joining the company’s board […]

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Dewa to spend $11 billion on Renewable Energy in Dubai

The Dubai Electricity and Water Authority (Dewa) has announced that it will be investing $11 billion or Dh40 billion as capital expenditure over a period of next five years from now to enhance the utility’s renewable energy portfolio. Dewa has issued an official statement that confirms the media reports about the anticipated RE investments by […]

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ONGC inks MoU with Norway’s Equinor for E&P, clean energy

State-owned Oil and Natural Gas Corporation (ONGC) on Wednesday said it has signed a pact with Norwegian energy giant Equinor ASA for collaboration in oil and gas exploration and production as well as clean energy projects. The memorandum of understanding (MoU) was inked on April 26, the company said in a statement. The agreement is […]

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Saudi Arabia will Purchase Up to 100,000 Electric Vehicles from Lucid Group

America’s electric vehicle manufacturer Lucid Group has announced that it has signed an agreement with the Government of Saudi Arabia, under which the Government will purchase up to 100,000 vehicles over a ten-year period. Saudi Arabia has made an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 […]

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World’s Largest Green Hydrogen Project to Get $500m from US Govt

The US Department of Energy (DOE) has announced that it has conditionally committed for up to $504 million in debt financing for the Advanced Clean Energy Storage Project which is expected to be the world’s largest industrial green hydrogen production and storage facility. The commitment is made to companies: Advanced Clean Energy Storage, Mitsubishi, Magnum […]

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