Tata Power Renewable Energy (TPREL), the renewable arm of Tata Power, has received a letter of award (LOA) to set up 966 MW of round-the-clock (RTC) solar-wind hybrid power project for Tata Steel across select steel plants in India. The project,...

The number of electric vehicles (EV) is set to exceed 100 million by 2026 and reach 700 million by 2040, according to the latest report by BloombergNEF (BNEF). These estimates represent a significant surge from the 27 million EVs registered at the...

Electric Vehicle (EV) financing platform for individuals, Revfin, has raised $5 million in funding from the United States International Development Finance Corporation (DFC) with an aim to promote inclusive financing for EV adoption across India....

The Modernisation Fund of the European Union has disbursed €2.4 billion (~$2.6 billion) to finance 31 projects in seven beneficiary member countries to support the modernization of energy systems, reduction of greenhouse gas emissions in energy,...

Net-zero investment firm Just Climate has raised $1.5 billion for its debut Climate Assets Fund I, exceeding its $1 billion target, which will be invested in decarbonization solutions for industries across the globe. The fund is designed to pursue...

India added 518 MW of solar open access in the first quarter (Q1) of the calendar year 2023, marking a remarkable increase of more than 68% compared to the 308 MW installed in Q4 2022. However, on a year-over-year basis, the installations declined...

To achieve universal access to affordable, reliable, and sustainable energy and achieve climate change goals, there is a need for accelerated deployment of renewable energy in the electricity, heat, and transportation sectors, according to the...