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IFC to Invest $15 Million in a Clean Energy Fund

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), L.P. The

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World’s Largest Compressed-Air Storage Comes Up In California

The largest advanced compressed-air long-duration energy storage (A-CAES) system in the world is set to be constructed in California in the United States, paving the way for a reliable renewable electricity network.

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Reaching Net Zero Emissions by 2050 Will Require $4 Trillion In Investment By 2030

Achieving global net zero emissions by 2050 will require about 306 million tonnes of green hydrogen derived from renewable energy each year, according to the International Energy Agency (IEA) report. However, despite

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Tata Motors & Power Inaugurate 5 Superfast EV Charging Stations

Tata Motors in collaboration with Tata Power has inaugurated a total of five superfast CCS2 EV charging stations in the country. Out of the five installed charging stations, three were inaugurated in

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Simple Energy To Invest Rs.45 Cr. For Manufacturing Electric Scooters

Bengaluru-based EV start-up Simple Energy, which is gearing up to roll out its maiden product (electric scooter) in the first half of 2021, is planning to invest around Rs 45 crore in

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MoEVing & Hero Electric Join Hands To Electrify Logistics

Electric fleet startup MoEVing has partnered with Hero Electric to accelerate the adoption of the affordable electric vehicle, with plans to convert one-lakh internal combustion engine-run two-wheelers to EVs in the next

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Lamborghini Is Not Dismissing But Embracing Electric Transition

Rather than dismissing the advantages of electrification, Automobili Lamborghini is embracing it. Today the company unveiled its vision for the future and it includes gas/electric hybrid models in the near future as

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Cost Of Solar Projects To Rise Due To Extreme Weather Events

The cost of building solar and road projects in western India is expected to rise following an increase in the frequency of extreme weather events such as cyclones in the region. Like

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