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Excelsior Energy Capital Closes Inaugural Renewable Energy Fund at $504 Million

Excelsior Energy Capital, a leading independent North American renewable energy investor, today announced the final close of its inaugural fund, Excelsior Renewable Energy Investment Fund I, with total capital commitments of USD 504 million, exceeding the Fund’s USD 500 million target. The Fund will continue to invest equity in middle-market wind and solar power plants […]

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EV Startup Odysse Brings New E2Go Low-Speed Electric Scooter

Odysse Electric Vehicles, provider of exclusive E-scooters and E-Bike, has launched its all-new electric scooter E2Go starting from Rs 55,499 on-road price. The new E2Go electric scooter brings a waterproof 250 Watt, 60V BLDC motor with two types of battery options – 1.26 kWh Lithium-ion battery or 28AH lead-acid battery. E2Go claiming the range of […]

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Amplus Launches ‘The MILES Challenge’ for Clean Energy Startups in India

Amplus Solar has launched The MILES Challenge for start-ups with ready to deploy solutions in the Clean Energy ecosystem in India. Amplus Solar, a leading distributed energy company headquartered in Gurugram, has announced the launch of The MILES (M+ Innovation Lab for Energy and Sustainability) Challenge for start-ups with ready to deploy solutions in the […]

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Sterlite Power Appoints Amitabh Prasad as Brazil CEO

Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […]

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Nikola To Accelerate Hydrogen Fueling, APS Facilitating Low-Cost Production

The manufacturer of battery-electric and hydrogen-electric trucks, Nikola Corporation has secured an innovative electric rate schedule with Arizona Public Service Company (APS) that accelerates the production of hydrogen-based fueling solutions for the transportation industry. Arizona Corporation Commission’s (ACC) facilitating low-cost hydrogen production, and their electric rate schedule reduces greenhouse gas emissions in the transportation sector. […]

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Onward Energy to Create 4 Gigawatt US Power Platform

U.S.-based independent power producers Novatus Energy and Southwest Generation today announced the completion of a merger of the two companies to create Onward Energy. Onward Energy will continue under common ownership by institutional investors advised by J.P. Morgan Asset Management. Onward Energy owns 43 wind, solar, and natural gas generating projects across 16 states, and […]

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The Case For Battery Storage- A UK View

A report by partners at LCP LLP, a UK based advisory firm, picks on battery storage as an investment opportunity. Its an interesting pointer to the possible future in the UK and also in India at some stage, although the Indian case would be a possibility after some major reforms and deregulation. But as a […]

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Tata Motors Bags 3 Awards at National Energy Conservation Award 2020

Tata Motors has bagged the National Energy Conservation Award (NECA) 2020 for its energy conservation measures Tata Motors has announced that it has bagged the prestigious National Energy Conservation Award (NECA) 2020 for its energy conservation measures, instituted by the Bureau of Energy Efficiency (BEE).  The company’s Jamshedpur, Lucknow and Pantnagar plants won ‘First Prize’, […]

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Sterlite Power Completes Merger of Subsidiary; Announces Annual Results

Sterlite Power has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures with the parent entity. Sterlite Power, a leading global power transmission player, has announced the completion of the merger of its wholly-owned subsidiary Sterlite Power Grid Ventures Ltd. with the parent entity. With this merger, the company further […]

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