The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.
Under the joint venture, Sterling and Wilson will provide end-to-end services for electric vehicle charging stations across India.
Proceeds from the transaction with RMG Acquisition will be used to support ReNew’s growth strategy, including the buildout of its contracted, utility-scale renewable power generation capacity and to reduce debt.
A new report says the United States and India have an opportunity to partner to catalyze foreign institutional investment in India’s green transition. It lays out what such a partnership should look like and how it would benefit both countries and the world.
India Energy Storage Alliance (IESA) and Greenstat Hydrogen India will collaborate on establishing a Norwegian Centre of Excellence on Hydrogen in India and supporting the development of green hydrogen technologies.
On Dec. 1, Tel-Aviv based robotic cleaning provider Ecoppia launched an initial public offering on the Tel Aviv Stock Exchange. In doing so, the seven-year-old solar startup raised $83.8 million from public and institutional investors – although heavily slated toward the latter. Jean Scemama, who joined Ecoppia as CEO in April 2020, says the IPO will allow it to double down on R&D efforts and expand into the provision of services.
The Mumbai-based battery startup develops advanced nano-material composites to enable quick-charging batteries for electric vehicle (EV), industrial storage, and consumer electronics space.
The financing scheme, available only to Tata Power customers, provides collateral-free loans at an interest rate less than 10% for both off-grid and on-grid rooftop solar connections.
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