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Danish Fund IFU To Invest $34 Million Into Cleanmax

In yet more funding news, The Danish Investment Fund for Developing Countries (IFU) is investing USD 34 million (Rs 260 cr approx.) in CleanMax, which has an  aggregated capacity of 750+ MW of installed solar and wind-solar hybrid power. Cleanmax, founded in 20211, has been an early mover in the commercial and industrial segment, and […]

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Koch Invests $150 million in GameChange Solar

GameChange Solar Holdings Corp. (GameChange), a leading US provider of racking and tracker systems for utility scale solar power plants, announced today that Koch Strategic Platforms (“KSP”), a subsidiary of Koch Investments Group, has made a $150 million investment in GameChange to support the company’s strategic development goals. In India, GameChange has its office in […]

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ETO Motors Deploys Over 50 E-rickshaws in Gujarat

Electric mobility solutions provider ETO Motors has deployed over 50 e-rickshaws at Kevadia in Gujarat, in partnership with The Statue of Unity Area Development and Tourism Governance Authority (SOUADTGA). The company is further considering deploying over 350 EVs in the next four to six months in a bid to make Kevadia an electric vehicle-only city. […]

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Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers

With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […]

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SECI to Set Up 40 MW Floating Solar Plant in Odisha

A solar power plant with a capacity to generate 40-megawatt (MW) power will be installed at the Hirakud Dam Reservoir in Odisha’s Sambalpur district, an official said, according to media reports. It will be set up by the Solar Energy Corporation of India (SECI), which is under the Ministry of New and Renewable Energy (MNRE). […]

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Dalmia Cement Promises Rs 250 Cr Solar Plant In Jharkhand

Dalmia Cement (Bharat) Ltd, which had earlier become the first cement company to join RE100 – a global collaborative initiative of the world’s most influential companies committed to 100% renewable power, has committed to a Rs 250 crore investment in a solar plant to supply power to a planned additional grinding unit in the state. […]

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MG Motor Becomes First Auto Firm To Adopt Wind Solar Hybrid Energy

MG Motor India has partnered with Clean Max Enviro Energy Solutions Pvt Ltd (CleanMax), for the supply of 4.85 MW of wind-solar hybrid power to MG’s manufacturing facility in Halol. With this partnership, MG will abate approximately 2 lakh MT of CO2 over 15 years. Thus, even as auto firms have moved forward across the […]

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Jindal Steel Floats RE Tender to Procure Max 224 MW

Jaipur-based Jindal Steel has released a new tender, inviting bids for the procurement of 224 MW of renewable power (solar and non-solar) for interstate or intrastate trading through the open access route. The company aims to meet its additional power requirements due to the expansion of its plant capacity from December 1, 2022, to November […]

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