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Start-Up Jungle Raises €5 Million to Deploy AI Technology in RE Sector

Dutch artificial intelligence start-up Jungle has announced that it has closed a €5 million Series A funding round led by SHIFT Invest- Dutch venture capital fund  complemented by Rocks International Group, EDP Ventures, Gorilla Growth Capital and Future Energy Ventures. Jungle said that the funding will allow it to speed up the deployment of its […]

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S&P Global Launches REC Price Assessments for Brazil-India Turkey

S&P Global Commodity Insights has announced an independent suite of price assessments for International Renewable Energy Certificates (I-RECs) in Brazil, India, and Turkey. The key objective behind the I-RECs is to provide market participants and energy consumers a higher level of transparency in the global market for valuing renewable-origin power generation. I-RECs certificates are a […]

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ALMM, BCD Update- Developers Hope For Relief Soon

Informed sources indicate that there are strong chances of the government considering developer pleas for extending applicability of ALMM conditions for domestic projects. A meeting was held between industry representatives and Minister of Power, New and Renewable Energy R K Singh on September 6. The agenda was a review meeting with key developers and other […]

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Hitesh Tungal is New Vice President of GaoRun’s Global Business

Suzhou GaoRun New Energy Technology, a provider of automatic solar photovoltaic (PV) module turnkey manufacturing lines, has appointed Hitesh Tungal as Vice President for its international operations with effect from September 1, 2022. Tungal’s base of operations will be the GaoRun headquarters in Suzhou, Jiangsu Province, China. He brings to the table more than 14 […]

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Taiwan’s ProLogium to Build Solid-State Battery Gigafactory in Europe

Taiwan-based solid-state batteries manufacturer ProLogium has appointed Accuracy – an independent financial and strategic consulting firm – to advise on the location of its first major Gigawatt-hour (GWh) battery factory in Europe and to work with its international development team. The official statement of ProLogium states that the investment in the new factory will total […]

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The Top List. Key Foreign Investors in Indian Renewable Sector

Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […]

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Jakson Group Sets Sights on Building Green Hydrogen Projects Across Asia, Africa

A leading energy company in India, Jakson Group has shared that it will set up green hydrogen projects across Asia and Africa. The Chairman and Managing Director, Jakson Group, Sameer Gupta revealed, “The company intends to construct green hydrogen projects throughout West Asia and North Africa.  The intention is to hunt for hydrogen and ammonia […]

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The Many Promises of Battery Swapping

Known for designing and developing electric vehicles, Chinese multinational automobile manufacturer, NIO, has established a formidable reputation with regard to battery swap stations. In July this year, the automobile giant opened 1,000 swap stations and reached 10 million battery swaps. As of August, NIO boasts of 1071 swap stations in China, however, it has no […]

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Hindustan Zinc to Take 26% Stake in Group Firm Serentica Renewables for Rs 350 Crore

Hindustan Zinc has revealed in a regulatory filing before the Bombay Stock Exchange (BSE) that it has signed a power delivery agreement with Serentica Renewables India 4 Pvt Ltd for the delivery of renewable power to the company on a long-term basis. Hindustan Zinc is a Vedanta group company. Serentica Renewables is a special purpose […]

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