Bharat Petroleum’s 7,000 Retail Outlets to Support Electric Vehicle Charging
Government-owned oil and gas major Bharat Petroleum Corporation Limited (BPCL) has said it plans to leverage its nationwide network of fuel stations to support electric mobility. The company plans to ...
Generation Investment Acquires 13% Stake in Octopus Energy for $600 Million
Octopus Energy Group (Octopus) has announced a strategic partnership with Generation Investment Management (GIM), a firm founded in 2004 to invest in businesses that promote sustainability and the fight against climate ...
Japanese Energy Company JERA Invests $1.58 Billion in Philippines Power Utility
Japanese energy company (JERA) has entered into a share purchase agreement with Aboitiz Equity Ventures and Aboitiz & Company to purchase around 27% of the outstanding shares of Aboitiz Power ...
Daily News Wrap-Up: JinkoSolar to Build a $500 Million Ingot and Wafer Plant in Vietnam
Here are some noteworthy cleantech announcements of the day from around the world: JinkoSolar Holding will invest $500 million to build a monocrystalline ingot and wafer manufacturing facility in Quảng ...
664% Year-Over-Year Growth in Open Access Solar Installations in Q2 2021
India’s solar open access installations totaled 209 MW in the second quarter (Q2) of 2021, a 664% year-over-year (YoY) increase compared to 27 MW in the same period last year, ...
Daily News Wrap-Up: Delhi Metro Earns ₹195 Million from 3.55 Million Carbon Credits
Here are some noteworthy cleantech announcements of the day from around the world: The Delhi Metro has earned ₹195 million (~$2.64 million) from selling 3.55 million carbon credits collected from ...
Solar Asset Management Platform Omnidian Raises $33 Million in Series B Round
Solar system performance plan provider Omnidian has secured $33 million in a Series B capital raise led by Activate Capital. The company expects to use the fund to expand into ...
Thermal Energy Storage Systems Company Sunamp Raises $8 Million
From: Mercom Capital Group Sunamp, a provider of thermal energy storage systems, has raised £6 million (~$8.21 million) in Series B funding from the Scottish National Investment Bank. Sunamp plans to ...
Plasma Tech Provider 6K Raises $51 Million for Advanced Battery Material Development
Advanced microwave-based plasma technology provider 6K closed a $51 million Series C financing round led by Volta Energy Technologies. The funding is expected to enable tripling of production capacity for ...
Daily News Wrap-Up: Walmart Raises $2 Billion in Inaugural Green Bond Offering
Here are some noteworthy cleantech announcements of the day from around the world: American retail giant Walmart announced that it has closed its $2 billion inaugural green bond offering. Net ...
Machine Learning Can Accelerate Hydrogen Infrastructure Creation
A team of materials and computer scientists from Sandia National Laboratories and international collaborators used computational approaches to elucidate new high-entropy alloys with attractive hydrogen storage properties and direct laboratory ...
Developers Worried Over Proposed GST Hike on Solar Components from 5% to 12%
The Goods and Service Tax (GST) Council's recommendation to raise GST on solar components from 5% to 12% has project developers worried about its impact on project costs. The GST ...
Daily News Wrap-Up: Tata Power’s Smart Meter Testing Lab Receives NABL Accreditation
Here are some noteworthy cleantech announcements of the day from around the world: The National Accreditation Board for Testing and Calibration Laboratories (NABL) has accredited Tata Power's Smart Meter Testing ...
Daily News Wrap-Up: Bloomberg and Goldman Sachs Launch Climate Innovation Fund
Here are some noteworthy cleantech announcements of the day from around the world: Bloomberg Philanthropies and Goldman Sachs launched the Climate Innovation Fund to support sustainable low-carbon economic development in ...
Adani Group to Invest $20 Billion in Renewable Energy, Foray into Green Hydrogen
The Adani Group will invest $20 billion in renewable energy generation and component manufacturing over the next ten years and produce the world's cheapest green electron, its Chairman Gautam Adani ...
APTEL Directs DISCOM to Maintain Financial Discipline, Pay Power Generators on Time
The Appellate Tribunal for Electricity (APTEL), in a recent order, dismissed the application filed by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) and directed the State Electricity Regulatory Commission ...
Daily News Wrap-Up: World’s First Long-Range Solar Car Maker has Raised $110 Million
Here are some noteworthy cleantech announcements of the day from around the world: Long-range solar car developer, Lightyear, has announced that it has raised $110 million in funding in 2021 ...
India Installs 521 MW of Rooftop Solar Capacity in Q2 2021, the Highest in a Quarter
India marked a 53% quarter-over-quarter (QoQ) increase in rooftop solar installations in the second quarter (Q2) of 2021, the highest for any quarter, with 521 MW installations compared to 341 ...
Daily News Wrap-Up: Tender for Long-Term Supply of Ethanol Receives 197 Bids
Here are some noteworthy cleantech announcements of the day from around the world: The first Expression of Interest (EoI) for a long-term agreement to supply ethanol has received bids from ...
Tamil Nadu DISCOM Asked to Pay Interest Dues to Three Wind Energy Generators
The Tamil Nadu Electricity Regulatory Commission (TNERC), in a recent order, directed the Tamil Nadu Generation and Distribution Corporation (TANGEDCO) to pay 1% interest per month for delayed payment to ...
Daily News Wrap-Up: Rosatom to Build 3 GWh Li-ion Battery Manufacturing Plant
Here are some noteworthy cleantech announcements of the day from around the world: Russian state-owned Rosatom State Nuclear Energy (Rosatom) has announced it will build its 3 GWh lithium-ion battery ...
Power Finance Corporation Issues India’s First-Ever Euro-Denominated Green Bond
Power Finance Corporation Ltd (PFC), a financial institution under the Ministry of Finance, issued its maiden Euro Green Bond of £300 million (~$353 million) under the U.S. Global Medium Term ...
Daily News Wrap-Up: POWERGRID Infuses ₹4.07 Billion in EESL
Here are some noteworthy cleantech announcements of the day from around the world: Power Grid Corporation of India, an Indian State-owned electric utility, has infused ₹4.07 billion (~$55.35 million) in ...
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh
The tariff of ₹2.92 (~$0.04)/kWh discovered in the manufacturing-linked solar projects auction held in January last year has now been reduced to ₹2.54 (~$0.034)/kWh. Adani Green Energy (AGEL) and Azure ...
EnerVenue Secures $100 Million for its Metal-Hydrogen Batteries
US-based renewable storage battery manufacturer EnerVenue has raised $100 million in Series A funding led by Schlumberger New Energy. EnerVenue is said to be the first company to bring metal-hydrogen batteries to the ...
