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Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network

Battery Smart Raises $25 Million in Funding to Expand its Battery-Swapping Network

  • Jun 27, 2022
  • Staff
  • Electric Vehicles, Finance and M&A

Gurugram-based Battery Smart, a battery-swapping network for electric two and three-wheelers, announced the closing of a Series A round funding of $25 million led by

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Mecwin to Invest ₹500 Million in EV Components Manufacturing Plant in Karnataka

Mecwin to Invest ₹500 Million in EV Components Manufacturing Plant in Karnataka

  • Jun 27, 2022
  • Arjun Joshi
  • Electric Vehicles, Finance and M&A

Electric vehicle (EV) startup Mecwin India will invest ₹500 million (~$6.38 million) to set up a manufacturing plant for EV motors and controllers in Karnataka.

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Bids Invited for 10 MW of Solar Power Projects in Jharkhand

Bids Invited for 10 MW of Solar Power Projects in Jharkhand

  • Jun 27, 2022
  • Rakesh Ranjan
  • Solar, Tenders & Auctions

Damodar Valley Corporation (DVC) has invited bids to install and commission 10 MW of grid-connected solar power projects at its thermal powers station in Koderma,

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Favorable Banking Policies Driving Growth of Open Access Solar in Many States

  • Jun 24, 2022
  • Rakesh Ranjan
  • Markets & Policy, Solar

Energy banking is an essential aspect of any open access project. The states with favorable energy banking policies are leading the way in open access

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Chhattisgarh Makes Rapid Strides Towards Expanding Solar Open Access Market

Chhattisgarh Makes Rapid Strides Towards Expanding Solar Open Access Market

  • Jun 23, 2022
  • Rakesh Ranjan
  • Mercom Research Focus, Open Access

Karnataka was the top state for solar open access installations in the first quarter (Q1) of the calendar year (CY) 2022, followed closely by Maharashtra,

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EDP Renewables to Invest $1.58 Billion to Develop Offshore Wind Projects

EDP Renewables to Invest $1.58 Billion to Develop Offshore Wind Projects

  • Jun 27, 2022
  • Gourav Mishra
  • Finance and M&A, Other, Wind

Spain-based renewable energy company EDP Renewables (EDPR) announced that it would invest €1.5 billion (~$1.58 billion) in Ocean Winds through a 50:50 joint venture with

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Indian Oil Invites Bids for a 1 MW Captive Solar Project in Jaipur

Indian Oil Invites Bids for a 1 MW Captive Solar Project in Jaipur

  • Jun 27, 2022
  • Rakesh Ranjan
  • Solar, Tenders & Auctions

Indian Oil Corporation (IOCL) has invited bids for the engineering, procurement, and construction (EPC) of a 1 MW grid-connected captive solar power project with net

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Tata Power Solar Commissions 70 MW Floating Solar Project For NTPC

Tata Power Solar Commissions 70 MW Floating Solar Project For NTPC

  • Jun 27, 2022
  • Gourav Mishra
  • Floating Solar, Utility Scale

Tata Power Solar Systems (TPSSL), a wholly-owned subsidiary of Tata Power, has commissioned a 70 MWAC (101.6 MWDC) floating solar photovoltaic project for NTPC in

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Pine Gate Renewables Secures $500 Million Financing from Generate Capital

Pine Gate Renewables Secures $500 Million Financing from Generate Capital

  • Jun 27, 2022
  • Gourav Mishra
  • Finance and M&A, Renewable Energy

Sustainable infrastructure investment and operating platform Generate Capital has announced strategic growth capital and asset financing of $500 million to renewable energy project developer Pine

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