EaseMyTrip Ventures into Electric Bus Manufacturing, Earmarks $24M
Travel giant EaseMyTrip enters into the electric bus manufacturing business and plans to build a plant with a capacity of 4,000-5,000 buses.
Renewable Energy Sector to Provide Momentum to Indian Economy: Minister
Union Minister Pralhad Joshi highlights India’s renewable energy growth, policy advancements, and cost-effective solar power at the BNEF Summit.
BNP Paribas Cleantech Fund Raises $166M, Eyes 20 Ventures
The fund has raised €150 million to invest in European and North American startups driving sustainable solutions in energy and agriculture.
Alpex Solar to Double PV Module Capacity to 2.4 GW by 2026
Alpex Solar announces plans to expand its solar module capacity to 2.4 GW by 2026, with a new 1.2 GW plant in Uttar Pradesh.
Suzlon Sells Corporate Headquarters for $52.5M in Sale and Leaseback Deal
This strategic move aims to unlock capital and support growth by turning asset-light. Suzlon will continue operations at the property.
TotalEnergies to Invest $444M in New Joint Venture with Adani Green
The new entity will house a portfolio of 1,150 MW AC solar assets, combining operational and under-construction projects.
L&T Creates Separate Renewable EPC Business to Tap Growing Global Demand
Larsen & Toubro carves out a new business vertical for renewable EPC projects amid growing global demand in its infrastructure segment.
Inox Wind’s Resco Global Raises $41M for Wind Energy Expansion
Inox Wind’s subsidiary raises $41.75 million to expand its wind energy EPC services in India and capitalize on the growing renewable energy market.
Danish Energy Group Orsted Shuts Down its Last Coal-Fired Plant
The yearly coal consumption at Esbjerg Power Station has been about 500,000 tonnes, equivalent to about 1.2 million tonnes of CO2 emissions.
Cabinet Approves $492M Funding for 15GW Hydropower Projects in NE
The scheme would be funded through 10 percent gross budgetary support for the North Eastern Region from the total outlay of the power ministry.