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Innolia Energy Invests Rs 225 cr in PV Modules, EV Products Manufacturing

Innolia Energy has launched a project worth Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and EV products US-based Innolia Energy has recently announced that it has launched a project entailing an investment of Rs 225 crore to set up a manufacturing facility in Hyderabad for solar modules, lithium battery and electric […]

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Polarity Set to Unveil India’s First Pedal-Assisted Ebikes

Six new e-bikes are lined up according to Polarity smart bikes who want to take on urban electric bike users with many choices. Pune based start-up Polarity Smart Bikes will unveil India’s first pedal-assisted electric bikes on 20th of September. The company earlier had planned to unveil the e-bikes in June. In a statement, the […]

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Duke Energy Completes Sale of 1.2 GW Renewable Assets to John Hancock

Duke Energy has completed the sale of a minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio to John Hancock North Carolina-based power utility, Duke Energy has announced that it has completed the sale of the previously announced minority interest in a portion (1.2 GW) of its commercial renewable energy portfolio […]

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European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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Payment Dues to Renewable Firms Now at Rs 9735.6 Crore

The CEA has revealed that the total payment dues for the 513 active renewable energy projects in the country, as of July 31, 2019, was Rs 9735.6 crore. The latest report issued by the Central Electricity Authority (CEA) has revealed that the total payment dues for the 513 active renewable energy projects in the country, […]

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Delhi Discoms Cut Regulatory Assets by Rs 3029 cr in 5 Years

Delhi Discoms have seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, down by Rs 3029 crore in that period. The power sector in Delhi has seen a steady decline in regulatory assets to Rs 8,377 crore over the last five years, helping the AAP government keep tariffs under check, […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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THDCIL Receives Bids for Rs 3215 cr Against Rs 1500 cr Bond

THDCIL has received bids for Rs 3215 crore in response to its corporate bond series-II of Rs 1500 crore with a greenshoe option of Rs 1000 crore THDC India Limited (THDCIL), a joint venture of Government of India and Government of Uttar Pradesh, which was incorporated to develop, operate and maintain the 2400 MW Tehri […]

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Growatt Expands Inverter Business in Latin America

In the recently concluded Green Expo 2019, Growatt presented its latest PV solutions and discussed collaboration across Latin America. In the recently concluded Green Expo 2019, in Mexico City, Growatt technical and sales engineers have been attending exhibitions, presenting the latest PV solutions and discussing collaboration with clients across Latin America. “There is great potential […]

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