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Green Steel is Getting Greenlighted Around the World

The steel industry is heavily reliant on fossil fuels. Thus, it goes without saying that it is among the highest carbon emitting industries in the world. This year, however, has begun on a good note with respect to several initiatives aimed at the greening of the industry. Here are some defining moments in the greening […]

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Ryse Energy Raises $15 Million in Growth Capital Round

Global decentralized renewable energy systems provider Ryse Energy, has said that it has raised a $15 million growth funding round. The firm claims to have sold or installed more than 4,000 units of decentralized renewables worldwide. Ryse Energy said that the funding round was led by RWE Energy Transition Investments, an investment vehicle of RWE […]

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NLC Issues Tender for 200 MW ISTS Connected Solar Project

Neyveli Lignite Corporation Limited (NLC) has invited tenders for setting up of 200 MW Solar Power Project that will be ISTS connected on a pan-India basis. The developer will also have to provide three years’ of O&M services. The bid guarantee has been kept at Rs 5.47 crore. The last date of submission is May […]

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Delhi-Jalandhar Highway Sees Installation of 12 EV Chargers from BPCL

Indian CPSU Bharat Petroleum Corporation Limited has revealed that it is in the process of making Electric Vehicle Fast Charging Corridors that will be set up all over India. It has announced that it has installed EV chargers on the Delhi-Jalandhar highway. This is the fourth Electric Vehicle Fast Charging Corridor in the country. The […]

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SELCO & IKEA Foundation To Usher Solar Solutions For 25,000 Healthcare Facilities

With an aim to transform the public health infrastructure for improved sustainability, SELCO Foundation and IKEA Foundation, in partnership with India’s Ministry of Health and Family Welfare (MOHFW) and various State Health Missions, have launched an initiative called ‘Energy for Health’.  The program sets sights on climate adaptation and mitigation at the center to all […]

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ADB, Tata Power Delhi Distribution Collaborate for Grid & BESS Enhancement in Delhi

The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power, have announced that they have signed an agreement to subscribe to non-convertible debentures for Rs 1.5 billion ($18.2 million) to enhance Delhi’s power distribution through grid enhancements. The agreement also involves a $2 million grant to partially […]

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In E3W segment, customer base may be new to credit or lack strong credit score: Sameer Aggarwal, Revfin

EV finance firm Revfin claims that it has financed over 17,118 electric vehicles in the last 51 months (as of March 2023). This translates to financing 11 electric vehicles everydayin the last 1530 days. The vehicles are plying in over 200 cities across 16 states of India. Revfin also underwrites financially excluded and underserved segments […]

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Bharat Electronics Invites Bids for Commissioning of 4 MW Wind Energy Plant

Bharat Electronics Limited has issued a tender for the design, supply, installation, testing and commissioning of a wind energy power plant in Karnataka, which is not less than 4 MW, and shall not exceed 5 MW. It will also include comprehensive operation and maintenance of the plant. The EMD amount is INR 10,00,000. The bid […]

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Octopus Energy Enters Asian Market With 250 MW Solar Push in Japan

London headquartered renewable player Octopus Energy has entered the Asian market. The generation arm Octopus Energy that manages £6bn green energy assets globally has announced its investment in Yotsuya Capital, an innovative solar developer in Japan, with the aim to accelerate Japan’s energy transition. Octopus Energy said that it already has projects in the pipeline […]

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