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BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia

British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […]

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Husk Power Secures $4 Million In Debt Financing From ElectriFI

In a joint announcement today, Husk Power Systems and ElectriFI announced collaborating with each other to boost the growth of renewable energy in rural India. Husk Power is a decentralized solar-hybrid mini-grid solution provider. ElectriFI is an EU-funded impact investment facility managed by EDFI Management Company. The firms today confirmed Husk’s securing of an additional […]

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Sany India Launches Electric Truck To Be Used For Open-Cast Mining

Manufacturer of construction and mining equipment, Sany India, has unveiled the SKT105E Electric Dump Truck, to be locally manufactured in India. The SKT105E Electric Dump Truck represents a new era in mining technology, combining local expertise with global innovation. Designed to meet the rigorous demands of open-cast mining operations, this fully electric off-highway dump truck […]

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Mahindra Susten Enters Hybrid RE Segment With 150MW Projects

Mahindra Susten recently announced its plan to develop a 150 MW hybrid RE (solar + wind) project at a total project cost of about Rs 1,200 crore. The project will be developed by Mahindra Susten, part of Mahindra Group and one of the renewable Independent Power Producers (IPP), with global investor Ontario Teachers’ Pension Plan […]

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Australia Set To Release ‘Future Made In Australia Act’

Anthony Albanese, Prime Minister of Australia in his speech in Brisbane, Albanese announced plans for the Future Made in Australia Act to boost investment, create jobs, and capitalise on Australia’s strengths. He emphasized the importance of Queensland’s contribution to generating energy, skills, jobs, technology, and investment for future prosperity. He highlighted the need for every […]

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With ALMM Inclusion IB Solar Targets Faster Growth

Noida-based Integrated Batteries India Pvt. Ltd. (IB Solar) has achieved the inclusion of its Mono Perc series, up to 545 WP, in the Approved List of Models and Manufacturers (ALMM) by the Ministry of New and Renewable Energy (MNRE). This endorsement marks a pivotal moment for IB Solar, as it opens up access to multiple […]

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US Moves Closer To Add 25 GW RE Capacity With New Projects

Joe Biden administration recently announced a series of milestones and associated actions to promote responsible clean energy development on public lands. This is to help achieve President Biden’s goal of creating a carbon pollution-free power sector by 2035. Secretary of the Interior Deb Haaland recently announced that the department has now permitted more than 25 […]

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France Issues Rules For Agrivoltaic Use To Clear Ground For Faster Adoption

Recently, the French government came out with its Decree No. 2024-318, which covers the use of agrivoltaics on French Farmland, forests or even natural land. Coming at a time when module prices in Europe have dropped to a level where even less efficient options like Solar Fencing is being taken up in Germany, Switzerland and […]

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