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Chalet Hotels is Now World’s 1st Hospitality Co to Join Climate Initiatives

Chalet Hotels Limited (CHL), owner, developer and asset manager of high-end hotels in key metro cities in India, has claimed to be the first hospitality company, globally, to join Climate Group’s RE100, EP100 and EV100 initiatives linked to renewable electricity, energy efficiency and electric mobility respectively. The announcement comes during the Climate Week NYC 2021, […]

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Blue Bear Capital Raises $150 million For Investments in Cleantech Startups

Blue Bear Capital, a venture and growth equity firm focused on AI-powered solutions for energy, infrastructure, and climate, has raised $150 million to invest in companies to help them build past the startup phase. Like Blue Bear’s first fund, the new fund will focus on digital technologies making an outsized impact in markets including wind, […]

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Solis Shines At REI 2021 Expo, Showcases Next Generation High Efficiency Inverters

Ginlong Technologies (Solis) participated in the recently concluded Renewable Energy India Expo 2021 (REI Expo 2021) in Greater Noida, India. The Solis team received good response from the solar industry, witnessing massive footfalls at its state-of-art showcase booth, the largest at the venue. Solis, a global leader in smart photovoltaic string inverters showcased their best […]

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Battery Resourcers Secures $70 M to Expand Recycling Tech

Battery Resourcers, a vertically integrated lithium-ion battery recycling and manufacturing company, today announced the closing of its latest mid-round funding totalling $70 million. The company will use this latest funding round to advance and expand its sustainable, cutting-edge closed loop material production technology that accepts mixed input of scrap batteries and end of life batteries […]

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Torrent Power Buys 156 MW Wind Capacity from CESC

Torrent Power on Tuesday announced that it has inked a share purchase pact to acquire 156 MW wind power projects for about Rs 790 crore from Surya Vidyut, an arm of CESC Ltd. Surya Vidyut operates 156 MW wind power plants spread across the states of Gujarat, Rajasthan and Madhya Pradesh, a statement said. The […]

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Mumbai’s BEST Issues Tender for 1,900 Electric Buses

Mumbai’s BEST (the Brihanmumbai Electric Supply & Transport Undertaking) has issued tenders for procuring 1,900 fully electric buses, signalling one of the biggest electric bus fleet expansions in the country. It will issue tenders in the next few days for procuring 200 double deckers, which will also be fully electric, according to media reports. “We […]

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BESCOM Must Encourage EV Charging at Home at Night to Manage Overloads, finds Study

A new report by India Smart Grid Forum (ISGF) analyses the challenges involved in the installation and maintenance of EV charging infrastructure in Bengaluru city and suggests that authorities should encourage charging of vehicles at home during the night, among several other recommendations. The full study can be accessed here. The government of Karnataka had issued […]

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Offshore Wind Market to be Worth $93.7 B by 2028: Zion Market Research

The global offshore wind energy market accounted for USD 44.8 Billion in 2020 and is expected to reach USD 93.7 Billion by 2028, growing at a CAGR of around 9.1% between 2021 and 2028, finds Zion Market Research. Wind power generation uses turbines to convert wind energy into electricity. The energy of the wind turns […]

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Yulu, Adani Partner to Provide 24×7 Battery Charging Access in Mumbai

Bengaluru-based e-mobility service provider Yulu has partnered with Adani Electricity Mumbai Limited (AEML), one of the key Mumbai discoms, with the mutual objective of working towards building a sustainable city by reducing traffic congestion and air pollution in Mumbai. With this collaboration, Yulu will have access to multiple AEML premises across Mumbai, and will work […]

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