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Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW

Indigenisation of electric powertrain components and battery pack assembly could produce a value addition USD 2.7 billion for the auto industry in India, in case of an EV transition Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry […]

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AAP Challenges BJP to Match 200 Units of Free Electricity in Ruling States

AAP has challenged BJP to give 200 units of free electricity in any state it rules after a BJP spokesperson promised to give 5 times more benefits if voted to power The Aam Aadmi Party (AAP) has challenged the Bhartiya Janta Party (BJP) to give 200 units of free electricity in any state it rules, […]

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Growth of Renewables Could Boost Green Hydrogen Production: Report

The production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in certain countries, should power prices for renewables reach USD 30 per MWh A new report has revealed that the production of green hydrogen could compete with fossil fuel-based hydrogen by 2030 in Australia, Germany and Japan, should power prices for renewables reach USD […]

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India Planning to Build a Chain of Renewable Projects Along Pakistan Border

India is planning to build a string of renewable energy projects on its potent desert land adjacent to the Pakistan border, according to MNRE officials India plans to build a string of renewable energy projects along its sun-baked, wind-whipped western border, officials said, as the central government continues on its ambitious programme to reduce the country’s […]

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A new Device That can Harvest Sunlight to Create Clean Gas

Scientists at the University of Cambridge have developed an ‘artificial leaf’ device that uses sunlight to produce a widely-used clean gas currently made from fossil fuels Scientists have developed an ‘artificial leaf’ device that uses sunlight to produce a widely-used clean gas currently made from fossil fuels and could be used to create a sustainable […]

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EV Connect Secures $12 mn in Funding Led by Japan’s Mitsui

EV Connect, which has developed cloud-based solutions to expand the world’s EV charging ecosystem, has secured USD 12 million in funding led by Mitsui EV Connect has announced that it has closed a USD 12 million Series B funding round. Lead investors, Mitsui and Ecosystem Integrity Fund, are joined by other venture investors to support […]

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100 Percent Renewable Energy Deal Struck for Sydney

A new agreement will ensure all City of Sydney operations, including depots, buildings, and the Town Hall, will be powered by 100 percent renewable energy A new agreement with innovative energy company Flow Power will ensure all City of Sydney operations, including pools, sports fields, depots and buildings, including the historic Sydney Town Hall, will […]

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EIB Invests €100 mn to Support Small Scale RE Projects in Brazil

EIB has announced that it will provide EUR 100m to BDMG to support climate action projects in Minas Gerais, Brazil. The European Investment Bank (EIB) has announced that it will provide EUR 100m to Banco de Desenvolvimento de Minas Gerais (BDMG) to support climate action projects in Minas Gerais, Brazil. “Private companies and also municipalities will be […]

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EBRD Invests €18 mn in Terna Energy’s Green Bond

EBRD will provide Terna Energy with a EUR 18 million investment in the Greek company’s successful issuance of a seven-year EUR 150 million green bond. The European Bank for Reconstruction and Development (EBRD) has announced that in an attempt to step up its efforts to support renewables in Greece, it will provide Terna Energy with […]

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