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Danish Renewable Energy Fund CIP Secures EUR 5.6 Billion

Copenhagen Infrastructure Partners (CIP) successfully secured EUR 5.6 billion in capital commitments for their fifth flagship fund, Copenhagen Infrastructure V (CI V), on June 30, 2023. This achievement sets them on course to achieve their goal of raising a fund size of EUR 12 billion (about 13 billion USD), possibly making CI V the world’s […]

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SECI Issues RFS for Selection of Green Hydrogen Producers under SIGHT Scheme

The Solar Energy Corporation of India (SECI) has issued a Request for Selection (RFS) for selection of Green Hydrogen Producers for setting up production facilities for Green Hydrogen in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Mode-1-Tranche-I). SECI has been appointed as the implementing agency for the SIGHT Programme- Component I: […]

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Fintech platform Rupyy Partners with OEMs for Foray into EV Financing

Rupyy, a FinTech platform, recently announced its foray into the electric vehicle (EV) financing segment. The firm claims says it is building on its mission to revolutionize the financing experience for all vehicle financing categories, Rupyy has partnered with original equipment manufacturers (OEMs) and multi-brand outlets (MBOs) in the EV industry to offer flexible and […]

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Courtyard by Marriott Madurai Installs Fast EV Charging Station

The hotel industry has begun to recognize the significance of going green. In the recent past, several of them have taken measures such as establishing EV charging stations with the goal of enabling electric mobility- Novotel Hyderabad Airport, Le Roi Hotels to name a few. The most recent one to step onto the bandwagon is […]

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POSCO Supercharges Green Innovation with Massive Hydrogen & Battery Production Investment

POSCO Holdings Inc. has announced its plan to invest 121 trillion won (US$92 billion) by 2030, claiming to strengthen its competitiveness in the steelmaking industry and foster new growth opportunities. POSCO’s investment strategy encompasses not only its core steelmaking business but also the development of rechargeable battery production and the “hydrogen business,” which will play […]

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APERC Lowers Ceiling For Netmetering, Enhances Gross Metering Limits

In its latest draft report, the Andhra Pradesh Electricity Regulatory Commission (APERC) has proposed reducing the upper ceiling limit for net-metering consumers going for rooftop solar. At the same time, the Commission proposed increasing the upper cap for gross meter consumers, hinting at a higher push for gross metered consumers. The latest draft regulation has been named […]

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Scientist Wins European Inventor Award 2023 for Safer Lithium-ion Battery Technology

The European Patent Office (EPO) has revealed that Chinese scientist Kai Wu and his team are winners in the ‘Non-EPO countries’ category of the European Inventor Award 2023. Out of more than 600 candidates, Wu and his team were recognized for their development of a Lithium-ion battery technology with a special top cover that helps […]

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SJVN Issues Tender for BOS Package to Set Up 360 MW Solar Projects in Gujarat

SJVN Green Energy Limited, a wholly-owned subsidiary of SJVN Limited, has issued a tender for the Balance of System (BoS) package including three years of comprehensive operation & maintenance of two grid-connected solar PV power projects of total capacity of 360 MW (AC) at different locations in the state of Gujarat. It has invited online […]

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Duke Energy To Offload Commercial Distributed Generation Biz to ArcLight In $364 million Deal

Duke Energy has announced an agreement to sell its commercial distributed generation business to an affiliate of ArcLight Capital Partners, LLC , a leading middle market infrastructure investor, for an enterprise value of $364 million, inclusive of non-controlling tax equity interests. Duke Energy expects approximately $259 million of proceeds from this transaction, which is subject to certain […]

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