Home » Daily Newsletter » EV Scooter Maker Simple Energy Raises $20 Mn in Bridge Round
Electric vehicle and clean energy startup Simple Energy has raised over $20 million in the ongoing bridge round. The fresh fund has come after a gap of 15 months for the Bengaluru-based startup. The bridge round witnessed the participation of investors from Arokiaswamy Velumani, founder...
On the platform of the ongoing Indian Energy Week, held at Karnataka, several key announcements have been made and intriguing innovations have been unveiled. Here is a recap of them- "Karnataka has highest number of EV; is highest RE manufacturer" Karnataka Chief Minister Bommai has...
Embattled Adani group firm, Adani Green Energy Limited has reported its results for the Q3, Fy23. The firm, with a target of 25 GW of renewable assets by 2025, has reported a strong financial Performance, with revenue from power supply increasing by 39% YoY to...
MERC (Maharashtra State Regulatory Commission) has quashed a petition filed by Sarla Performance Fibers Ltd. (SPFL) looking for removal of a penalty of Rs.1,14,00,000 (for FY 2019-2020 and 2020-2021) on it on a Power Purchase Agreement (PPA) on a wind power project with the state...
The Public Health Engineering Department has floated a tender and invited bids for the solarization of West Bengal State Electricity Distribution Company Limited (WBSEDCL) energized pumping installation at Jhargram, West Bengal. The bid opening date is 27.02.2023 at 2:00 PM. The bid submission end date...
Close on the heels of Srinagar and Jammu announcing the introduction of 200 electric buses, Dharamshala has announced a similar initiative. Dharamshala roads will soon welcome 15 e-buses. This announcement comes as part of its smart city project, which is said to have gathered momentum...
Just Energy Transition Partnership (JETP) was first announced at the CoP26 and has since emerged as a key mechanism for multilateral financing by developed countries to support an energy transition in developing countries. JETPs provide a means for partner countries to work with climate finance...
North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone. Worldwide, Enel built over 5.2 GW of new renewable capacity over the course...
The European Union (EU) has awarded €5.3 million to the REGACE Consortium to develop and demonstrate an innovative agrivoltaics technology by using CO2 enrichment to increase electricity yields. The grant has been made through the Horizon Europe Research and Innovation Programme of EU. The REGACE...
Australia based solar energy technology developer 5B has said that it will be partnering Zenith Energy to develop the Kathleen Valley Lithium project in Western Australia. The solar project will supply green energy to the biggest battery metals mines. The project will be powered by...
American renewable energy player Longroad Energy has announced the financial close of Umbriel Solar which is a 202 MWdc (150 MWac) solar PV project in Polk County, Texas. The firm said that the construction of the solar project has also commenced. Umbriel is sixth greenfield...
A new report from LevelTen Energy has revealed that high development costs and an unstable regulatory environment has caused an 11,4% jump in European solar PPA prices in the fourth quarter of 2022. The report also mentions that solar PPA prices reached €76.84 per MWh,...
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