US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

US Announces $7 Billion Funding to Create Regional Clean Hydrogen Hubs

The U.S. Department of Energy (DOE) has announced a $7 billion funding opportunity to create regional clean hydrogen hubs (H2Hubs) across America. The funding is part of a larger $8 ...
/ / Other, Renewable Energy
Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the U.S.

Inflation Reduction Act Paves the Way for Faster Transition to Clean Energy in the US

In a significant development, President Joe Biden signed the 'Inflation Reduction Act of 2022,' which the U.S. House of Representatives and the Senate had passed. The Act addresses issues of ...
/ / Markets & Policy, Solar
Ford Motor to Procure 650 MW Solar Energy to Power its Michigan Operations

Ford Motor to Procure 650 MW Solar Energy to Power its Michigan Operations

Automobile major Ford Motor Company will procure 650 MW of new solar energy capacity in Michigan following a clean energy agreement with DTE Energy, a Detroit-based diversified energy company. The ...
/ / Commercial, Solar
US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

US to Invest $23 Billion for Clean Energy Deployment, Launches Two New Programs

The U.S. Department of Energy (DOE) has launched two new program offices – the Grid Deployment Office and the Office of State and Community Energy Programs – which together will ...
/ / Other, Renewable Energy
Clean Energy Deployment in the U.S. Slows Down in Q2 Due to Headwinds

Clean Energy Deployment in the U.S. Slows Down in Q2 Due to Headwinds

The rate of clean energy deployment in the United States slowed substantially in the second quarter of this year, says American Clean Power's (ACP) Quarterly Market Report for Q2 2022 ...
Dubai to Invest $11 Billion to Expand Clean Energy Projects

Dubai to Invest $11 Billion to Expand Clean Energy Projects

Dubai Electricity and Water Authority (DEWA) plans to invest AED 40 billion (~$10.88 billion) on capital expenditure in the next five years, including expanding renewable and clean energy projects. According ...
Continuum Raises $350 Million Debt for Expansion of Clean Energy Projects

Continuum Raises $350 Million Debt for Expansion of Clean Energy Projects

India-focused renewable energy platform Continuum Green Energy has raised $350 million from two marquee global institutional investors to finance the expansion of its clean energy projects. Continuum raised the debt ...
Ballard Power Systems’ Revenue Rises to $21 Million in Q1 2022

Ballard Power Systems’ Revenue Rises to $21 Million in Q1 2022

Ballard Power Systems, a fuel cell, and clean energy solutions provider recorded a revenue of $21 million in the first quarter (Q1) of 2022, a year-over-year (YoY) surge of 19% ...
16 States & UTs Perform Poorly in India’s First-Ever Energy and Climate Index

16 States & UTs Perform Poorly in India’s First-Ever Energy and Climate Index

Sixteen out of 35 Indian States and Union Territories (UT) lag behind the national average score in NITI Aayog’s State Energy and Climate Index Round-I, designed to measure various energy ...
/ / Other, Renewable Energy
Daily News Wrap-Up SJVN Plans to Book Revenues of $100 Million From Carbon Credits

Daily News Wrap-Up: SJVN Plans to Book Revenues of $100 Million From Carbon Credits

Here are some noteworthy cleantech announcements of the day from around the world: The joint venture (JV) of Creduce Technologies and Hydel Construction has won the bid from state-owned Satluj ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Tata Power to Set Up EV Charging Stations at Apollo Tyres' Vehicle Zones

Daily News Wrap-Up: Tata Power to Set Up EV Charging Stations at Apollo Tyres’ Vehicle Zones

Here are some noteworthy cleantech announcements of the day from around the world: Tata Power and Apollo Tyres announced a strategic partnership to deploy public charging stations across India. These ...
/ / Other, Renewable Energy
California Allocates $6.1 Billion in its Budget for Zero-Emission Vehicles

California Allocates $6.1 Billion in its Budget for Zero-Emission Vehicles

In the state's budget for the financial year 2022-23, California Governor Gavin Newsom allocated $6.1 billion towards zero-emission vehicle (ZEV) acceleration. The investment would include a General Fund of $3.5 ...
/ / Other, Other Energy
DISCOM Privatization Lakshadweep Invites Bidders to Acquire its Distribution Licensee

DISCOM Privatization: Lakshadweep Invites Bidders to Acquire its Distribution Licensee

The Electricity Department of the Union Territory (UT) of Lakshadweep has invited bids to acquire its distribution company (DISCOM) responsible for electricity distribution and retail supply. The last date of submission of ...
/ / Grid, Market & Policy
Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean Energy Platform WattBuy Secures Additional $10 Million in Series A Funding

Clean energy platform WattBuy has announced a $10 million expansion of their Series A raise, led by SE Ventures, a venture capital fund backed by Schneider Electric, along with My ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: ENGIE Commissions a 200 MW Solar Project in Gujarat

Daily News Wrap-Up: ENGIE Commissions a 200 MW Solar Project in Gujarat

Here are some noteworthy cleantech announcements of the day from around the world: Global energy player ENGIE has commissioned a 200 MWac solar project at Raghanesda Solar Park, Gujarat. The ...
/ / Other, Renewable Energy
Reforms Imperative to Address DISCOM Woes NITI Aayog, RMI Report

Reforms Imperative to Address DISCOM Woes: NITI Aayog, RMI Report

DISCOM privatization is seen as a crucial way out of their financial mess. NITI Aayog, in collaboration with Rocky Mountain Institute (RMI), has released a report reviewing the reform efforts ...
/ / Grid, Market & Policy
TPG Raises $5.4 Billion for Climate-Focused Inaugural Fund

TPG Raises $5.4 Billion for Climate-Focused Inaugural Fund

TPG Rise Climate, the climate investing strategy of TPG's (formerly Texas Pacific Group) global impact investing platform TPG Rise, has raised $5.4 billion from over 20 companies and global institutional ...
Daily News Wrap-Up: SJVN to Vigorously Pursue Solar Power

Daily News Wrap-Up: SJVN to Vigorously Pursue Solar Power

Here are some noteworthy cleantech announcements of the day from around the world: After declaring its financial results for the financial year (FY) 2020-2021, SJVN Limited, in a conference call ...
Daily News Wrap-Up: $30 Million Announced in Federal Funding for Clean Energy Projects

Daily News Wrap-Up: $30 Million Announced in Federal Funding for Clean Energy Projects

Here are some noteworthy cleantech announcements of the day from around the world: The U.S. Department of Energy (DOE) has announced over $30 million in federal funding, matched by over ...
Goa Launches Solar-Based Remote Village Electrification Program (1)

Goa Launches Solar-Based Remote Village Electrification Program

In a green push, the Chief Minister of Goa, Pramod Sawant, has inaugurated a solar photovoltaic (PV)-based electrification program focusing on delivering clean, affordable, and reliable energy to those residing ...
/ / Finance and M&A, Solar
IFC to Invest $15 Million in a Fund For Clean Energy Projects in India and Bangladesh

IFC to Invest $15 Million in a Fund For Clean Energy Projects in India and Bangladesh

International Finance Corporation (IFC) – the financial arm of the World Bank – has proposed an equity investment of up to $15 million in South Asia Growth Fund II (SAGF II), ...
/ / Finance and M&A, Solar
Upgrade a Grid-Tied Solar PV System to an Energy Storage System

Upgrade a Grid-Tied Solar PV System to an Energy Storage System

In recent years, residential energy storage systems have become increasingly popular, especially in the United States, South Africa, Australia, and across Europe. The primary reasons for this trend include: Extreme ...
/ / Other, Sponsored News
Daily News Wrap-Up_ EBRD and Green Climate Fund Provide Green Financing to Armenia

Daily News Wrap-Up: EBRD and Green Climate Fund Provide Green Financing to Armenia

Here are some noteworthy cleantech announcements of the day from around the world: European Bank for Reconstruction (EBRD) and the Green Climate Fund (GCF) will support Armenia's transition to a low-carbon economy ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Switch Mobility, Siemens Sign MoU to Push E-Mobility in India

Daily News Wrap-Up: Switch Mobility, Siemens Sign MoU to Push E-Mobility in India

Auto manufacturer Ashok Leyland's U.K. arm Switch Mobility has partnered with Siemens Limited to promote electric mobility in the Indian commercial vehicle market. The memorandum of understanding (MoU) signed by ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Oberoi Group inks MoU with EESL to cut Carbon Footprint

Daily News Wrap-Up: Oberoi Group inks MoU with EESL to cut Carbon Footprint

Here are some noteworthy cleantech announcements of the day from around the world: The Oberoi Group signed a memorandum of understanding (MoU) with Energy Efficiency Services Limited (EESL) to further ...
/ / Other, Renewable Energy
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