India’s Transition to a Net-Zero Economy Offers $15 Trillion Investment Opportunity

India’s Transition to a Net-Zero Economy Offers $15 Trillion Investment Opportunity

India’s transition towards a net-zero economy can contribute over $1 trillion by 2030 and $15 trillion by 2070 in economic impact, the World Economic Forum (WEF) has said in a ...
/ / Other, Renewable Energy
Tata Power to Jointly Develop 41 MW of Solar Projects With Tata Steel in Jharkhand and Odisha

Tata Power to Jointly Develop 41 MW of Solar Projects With Tata Steel in Jharkhand and Odisha

Tata Power and Tata Steel have joined hands to develop grid-connected solar projects in Jharkhand and Odisha. The companies have signed a 25-year power purchase agreement to develop 41 MW solar projects, including ...
/ / Commercial, Solar
Daily News Wrap-up: Sunnova, ChargePoint to Offer Solar with EV Charging for Homeowners

Daily News Wrap-up: Sunnova, ChargePoint to Offer Solar with EV Charging for Homeowners

Here are some noteworthy cleantech announcements of the day from around the world: Sunnova Energy International, a U.S.-based residential solar and storage service provider, has partnered with ChargePoint, an electric ...
/ / Other, Renewable Energy
Ford, SK Innovation to Invest $11 Billion to Build Mega EV and Battery Facilities

Ford, SK Innovation to Invest $11 Billion to Build Mega EV and Battery Facilities

Ford Motor Company and SK Innovation plan to invest $11.4 billion to develop electric vehicle and battery manufacturing facilities in the United States. The companies will form a new joint venture called BlueOvalSK ...
/ / Energy Storage, Technology
Electric Mobility Platform REVOS Raises $4 Million in Series A Funding

Electric Mobility Platform REVOS Raises $4 Million in Series A Funding

Bangalore-based electric vehicle (EV) infrastructure startup REVOS has received $4 million in Series A funding. With this, the company has raised $4.5 million in funding to date. Union Square Ventures and Prime ...
/ / Electric Vehicles, Grid
E-Mobility Company REE Automotive Secures $17 Million in Funding from the UK Government

E-Mobility Company REE Automotive Secures $17 Million in Funding from the UK Government

Israel-based e-mobility company REE Automotive announced that its REEcorner technology had secured $17 million in funding from the United Kingdom government as part of a $57 million investment coordinated through the Advanced ...
/ / Finance and M&A, Other
EV charging tariff at premises excluding charging stations to remain the same as applicable for the relevant category of connection at the same premises

Power Supply Relaxations in Haryana for EV Charging at Consumer Premises

The Haryana Electricity Regulatory Commission (HERC) has approved the distribution company (DISCOM) Uttar Haryana Bijli Vitran Nigam's (UHBVNL) petition seeking relaxation for supplying electricity for electric vehicle (EV) charging at ...
/ / Electric Vehicles, Grid
Demand Incentives of ₹2.54 Billion Provided to Deploy 85,626 Electric Vehicles

Demand Incentives of ₹2.54 Billion Provided to Deploy 85,626 Electric Vehicles

The Union Minister Krishan Pal Gurjar, responding to a question in the Lok Sabha, stated that the government has supported the deployment of 85,626 electric vehicles (EVs) through demand incentives ...
/ / Electric Vehicles, Grid
Goa Issues Draft EV Policy, Proposes All Two-Wheelers to Switch to Electric After 2025

Goa Issues Draft EV Policy, Proposes All Two-Wheelers to Switch to Electric After 2025

The Goa government has issued the draft ‘Goa Electric Mobility Promotion Policy, 2021’. The policy would be enforced for five years, from the date of its notification in the official ...
/ / Electric Vehicles, Grid
Validity of FAME-II Program for Electric Vehicles Extended Until March 31, 2024

Validity of FAME-II Program for Electric Vehicles Extended Until March 31, 2024

The government has extended the validity of the second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME)-II program for all approved electric vehicle (EV) models. The validity ...
/ / Electric Vehicles, Grid
Daily News Wrap-Up SJVN Pre-Books Solar Power Sale at ₹2.44kWh

Daily News Wrap-Up: SJVN Pre-Books Solar Power Sale at ₹2.44/kWh

Here are some noteworthy cleantech announcements of the day from around the world: New Delhi Municipal Corporation has approved the procurement of 150 MW solar capacity from SJVN. The cost ...
Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Lithium-Ion Battery Maker Northvolt Raises $2.75 Billion to Finance Expansion Plans

Sweden-based lithium-ion battery manufacturer Northvolt has signed a $2.75 billion private placement to finance its battery cell production expansion and research and development (R&D) efforts. The annual production capacity of ...
/ / Finance and M&A, Other
Daily News Wrap-Up: Sungrow to Build Malawi's First Solar-Storage Project

Daily News Wrap-Up: Sungrow to Build Malawi’s First Solar-Storage Project

Here are some noteworthy cleantech announcements of the day from around the world: Sungrow, a global inverter solution supplier for renewables, partnered with JCM Power, InfraCo Africa, RINA, and Innovate ...
Daily News Wrap-Up: ACWA Power Closes Financing for a 100 MW CSP Project

Daily News Wrap-Up: ACWA Power Closes Financing for a 100 MW CSP Project

Here are some noteworthy cleantech announcements of the day from around the world: Saudi Arabia’s energy major ACWA Power has announced the beginning of construction on the 100 MW Redstone ...
FAME II Certificates for Electric Vehicle Models Will be Valid for a Year

FAME II Certificates for Electric Vehicle Models Will be Valid for a Year

The Ministry of Heavy Industry and Public Enterprise (MHIPE) has announced that the validity of ‘Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles (FAME)-II’ certificates for all vehicle models ...
/ / Electric Vehicles, Grid
Daily News Wrap-up_ Coca-Cola Amatil Joins Global RE100 Initiative

Daily News Wrap-up: Coca-Cola Amatil Joins Global RE100 Initiative

Here are some noteworthy cleantech announcements of the day from around the world: Coca-Cola Amatil announced it has joined the global RE100 renewable energy initiative and committed to power its ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Flipkart Ties Up with Mahindra Logistics to Accelerate EV Deployment

Daily News Wrap-Up: Flipkart Ties Up with Mahindra Logistics to Accelerate EV Deployment

Here are some noteworthy cleantech announcements of the day from around the world: Flipkart announced that it has partnered with Mahindra Logistics Limited, one of its key logistics partners, to ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ $421 Million of Loanpal Residential Solar Loans Securitized

Daily News Wrap-Up: $421 Million of Loanpal Residential Solar Loans Securitized

Here are some noteworthy cleantech announcements of the day from around the world: Loanpal, an American point-of-sale technology platform for sustainable home solutions, has announced Goldman Sachs-sponsored Loanpal Solar Loan ...
/ / Other, Renewable Energy
Solar and EV Sectors to Prop Up Silver Demand as Prices Roll Off Eight -Year High Hit in February (1)

Solar and EV Sectors to Prop Up Silver Demand as Prices Roll Off Eight-Year High Hit in February

The solar photovoltaic and electric vehicle sectors have been a steady source of silver demand over the past decade. The demand is expected to continue in the coming years as ...
Lithium-Ion Battery Manufacturer Northvolt Acquires Cuberg

Lithium-Ion Battery Manufacturer Northvolt Acquires Cuberg

Northvolt, a Sweden-based lithium-ion battery manufacturer, has acquired Cuberg, a U.S.-based battery technology company delivering lithium metal cells produced on existing lithium-ion manufacturing lines for electromobility solutions. Cuberg, spun out ...
/ / Finance and M&A, Other
Emphasis on Electric Vehicles and Solar Projects to Fight Pollution in Delhi Budget

Emphasis on Electric Vehicles and Solar Projects to Fight Pollution in Delhi Budget

The Delhi Government presented its budget for 2021-22, highlighting several sops for electric vehicles, electric public transportation, and solar projects. The Delhi Government has allocated ₹ 32.27 billion (~$442.18 million) ...
Karnataka Proposes to Develop a 500 MW ISTS-Connected Solar Park

Karnataka Proposes to Develop a 500 MW ISTS-Connected Solar Park

Karnataka has proposed setting up a 500 MW solar park at Firozabad in Kalaburagi district, Chief Minister B S Yediyurappa has said, while presenting the state Budget for 2021-22. He ...
/ / Other, Renewable Energy
Daily News Wrap-Up_ Sangam Renewables Commissions a 16 MW Solar Project in Maharashtra

Daily News Wrap-Up: Sangam Renewables Commissions a 16 MW Solar Project in Maharashtra

Here are some noteworthy cleantech announcements of the day from around the world: Sangam Renewables, in a BSE filing, said its subsidiary Waacox Energy has commissioned a 16 MW mounted-solar ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Indian Railways to Entirely Run on Renewable Energy by 2030

Daily News Wrap-Up: Indian Railways to Entirely Run on Renewable Energy by 2030

Here are some noteworthy cleantech announcements of the day from around the world: Union Minister of Railways Piyush Goyal has said that the entire Indian rail network would be fully ...
/ / Other, Renewable Energy
_Daily News Wrap-Up_ UK’s Cumulative Solar Installations Reach 13.5 GW

Daily News Wrap-Up: UK’s Cumulative Solar Installations Reach 13.5 GW

Here are some noteworthy cleantech announcements of the day from around the world: The United Kingdom added 12.6 MW of solar capacity in January 2021, according to the Department for Business, Energy, ...
/ / Other, Renewable Energy