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Jakson Green Secures Rs 600 Mn RE Funding From HSBC

Jakson Green has secured a Sustainable Trade Facility of Rs. 600 million from HSBC India. This funding will support the company’s working capital requirements for its renewable energy business, both in India and internationally. Jakson Green, renowned for its pioneering work in the sector of Renewables, Green Hydrogen, and its derivatives, is actively expanding its […]

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Avaada Group Secures Rs 315 Cr Financing For Karnataka Solar Project

The renewable energy arm of Avaada Group, Avaada Energy, has announced that it has closed the financing of about Rs 315 crore from Aseem Infrastructure Finance Limited (AIFL), an IFC (Infrastructure Finance Company), said the company statement. The company has secured financing for its solar PV power project being developed under a long-term captive Power […]

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Volkswagen Plans To Introduce Entry-Level EVs In Europe By 2027

German-based company, Volkswagen board of management of the Volkswagen Group decided to make all-electric entry-level mobility more widespread. Volkswagen Group brings electric cars for EUR 20,000 and its world premiere is planned for 2027. Oliver Blume, CEO of Volkswagen Group said: “Generations of people associate the strong brands of the Volkswagen Group with their first […]

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Green Energy To Outpace Fossil Fuel In Middle-East By 2040: Rystad

Renewables capacity in the Middle East is set to soar in the coming years, with green energy sources outpacing fossil fuel usage in the power sector by 2040, according to Rystad Energy’s latest research. Solar photovoltaic (PV) is expected to emerge as the predominant source, accounting for more than half of the region’s power supply […]

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Maxvolt Energy Secures USD 1.5 Mn From Angel Investors

Maxvolt Energy Industries, a Noida-based lithium battery manufacturer, and battery pack supplier for electric vehicles, energy storage systems, and medical devices raised 1.5 million USD in funding from multiple angel investors. This capital infusion will support Maxvolt Energy’s plans to advance sustainable energy solutions and strengthen its market position by introducing fast-charging lithium-ion batteries soon. […]

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BluSmart To Raise $300 Mn In Next 3 Years, To Expand Fleet: Report

Electric Car operator BluSmart has announced it is planning to raise more than $300 million in three years with an aim of expanding its fleet by including thousands of electric cars. According to several media reports, the company aims to increase its fleet of electric vehicles to take on the likes of Uber and Ola. […]

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Adani Solar Signs MoU With Almiya Group, To SetUp 225 MW Solar Farm In Kerala

Adani Solar, the solar PV manufacturing arm of the Adani Group has announced that it has signed a Memorandum of Understanding (MoU) with the Kochi-based Almiya Group. The company is a well-known solar distributor, to solidify its presence in the region. Adani Solar also laid out the plan to build a 225 MW solar power […]

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Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions

There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […]

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Zevo Inks Deal With Zen Mobility For Last Mile Delivery

Electric Vehicle supply chain firms ZEVO and Zen Mobility have inked a deal regarding improving last-mile delivery in India. The agreement is premised on automotive solutions in which Zen Mobility created the Zen Micro Pod, a unique car made specifically to maneuver through India’s clogged city streets. According to Zen Mobility, this partnership will improve […]

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