Monsoon 2023 Forecast: Skymet Predicts ‘Below Normal’ Rainfall
El Niño and Indian Ocean Dipole likely to cause extreme variability in monthly rainfall distribution Skymet, India’s weather forecasting and agriculture risk solution company, has …
India
India announces plan to add 250 GW of renewable energy capacity in next 5 years
Government invites bids for 50 GW of renewable energy capacity annually for the next five years, including at least 10 GW of wind power capacity …
Jakson Group and Jinchen Corp sign agreement to expand solar manufacturing capacities in India
Renewable energy firm, Jakson Group, has signed an agreement with China-based solar module manufacturer, Jinchen Corp, to increase its solar manufacturing capacities in India to …
BP, Morgan Stanley’s investment fund commit $22M to Magenta Mobility for e-mobility expansion
BP, in collaboration with an investment fund managed by Morgan Stanley India Infrastructure, has invested a total of $22 million in Magenta Mobility, a leading …
India to Become Second-Largest PV Manufacturing Country after China: Report
In the next three years, India is poised to achieve self-sufficiency in module manufacturing with an anticipated addition of 110 gigawatts (GW) of capacity. India …
Mubadala’s Megatrends Study Shows Climate Change as Greatest Threat and Digital Technologies as Opportunity for a Sustainable Future
Mubadala Investment Company is partnering with Bloomberg Media to launch its Megatrends Study, revealing that climate change is the greatest threat to the world, with …
Avendus Capital Report Highlights $25 Billion Investment Opportunity in India’s Clean Energy Industry
Avendus Capital, India’s Investment Banking franchise, has released a new research report on energy transition and clean energy investment in India. The report, created in …
SAEL Issues $161 Million Bonds to Boost India’s Largest Waste-to-Energy Initiative
SAEL, India’s waste-to-energy producer, has successfully issued AA-rated bonds worth INR 1,325 Crore (approximately USD $161 Million), rated by CRISIL. The bonds were subscribed by …
Greaves Electric Mobility’s Ampere achieves over 1 lakh retail sales of electric 2-wheelers in FY23
Greaves Electric Mobility Private Limited (GEMPL) has announced that it has achieved over 1 lakh retail sales of its brand “Ampere” electric 2 wheelers in …
Revfin Leads India’s Transition to Electric Mobility, Aims to Finance 2 Million EVs by 2027
Revfin, India’s leading EV finance company has financed more than 17,118 electric vehicles during the past 51 months, cutting 30,486 metric tonnes of CO2 emissions. …