SUBSCRIBE NEWS LETTER

sustainable solutions

MG and Fortum to set up 50 KW Fast EV Charging Stations

MG Motor India and Fortum have undertaken the first step towards creating EV Fast Charging infrastructure in the country. As part of its commitment towards sustainable mobility, MG Motor India and Fortum Charge & Drive India have undertaken the first step towards creating DC EV Fast Charging infrastructure (50 KW) in the country. The carmaker […]

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Panasonic Introduces Urban Microgrid for the Indian Market

Panasonic has launched urban microgrid, Hybrid Energy Storage Systems (ESS) with end to end solutions for the Indian market. Panasonic, a diversified technology company, has launched urban microgrid, hybrid Energy Storage Systems (ESS) with end to end solutions for the Indian market. The integrated solar power microgrids feature efficient, reliable and intelligent power storage solutions […]

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Encourage Capital’s Fund For Indian Rooftop Segment Closes at $40 Mn

Encourage Capital has announced the first closing of a new fund at $40 million, which will invest in Indian commercial rooftop solar segment Encourage Capital, LLC, an impact investment asset manager and advisory firm, has announced the first closing of a new private equity fund, Encourage Solar Finance, L.P. at $40 million. The fund will […]

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Delhi Launches EV Freight Pilot, Will Deliver Online Orders

Delhi Transport Minister Kailash Gahlot has announced a new EV plan at the launch of the Urban Mobility Lab initiative, in partnership with the Rocky Mountain Institute, to promote innovation of clean and sustainable mobility solutions in the capital. The Delhi government announced its first electric vehicles (EV) freight pilot at the inauguration of the […]

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AfDB Receives €40 Mn Investment From EU to Scale Renewables in Africa

AfDB has announced a €40 million investment from the EU for the FEI, a new platform for financing small-scale renewables in Africa. The African Development Bank (AfDB) has announced a €40 million investment from the European Commission (EU) for the Facility for Energy Inclusion (FEI), a new platform for financing small-scale renewables in Africa. The […]

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Vivint Solar Receives $100 Mn Tax Equity Financing For 55 MW Residential PV Systems

Vivint Solar has received $100 million of tax equity financing, to install more than 55 MW of residential solar energy systems. Vivint Solar, a leading full-service residential solar provider, announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts (MW) of residential solar energy systems. “We […]

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Jobs in Solar – The Untold Story

  In 2015, when the government hiked the solar energy target from 20GW to 100 GW (in a new 175 GW renewables target) by 2022, it was considered wildly ambitious. Also, it was enough to spark strong interest in the sector finally, and with it, big bets. As it turned out, the sector did not […]

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OPIC Approves $87 Mn in Funding For 250 MW Wind Project in Egypt

OPIC has approved $87 million in funding for a 250 MW wind project in Egypt to support economic growth through the development of power infrastructure. The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, today approved $87 million in financing to Lekela Egypt Wind Power BOO S.A.E. to support economic growth in […]

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