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Delhi Police Uncovers Renewable Energy Fraud; Binance Aids in Tracing Illicit Funds
In a new development, Binance revealed that it collaborated with Delhi Police to investigate a renewable energy fraud. As a result, 100,000 USDT, equivalent to Rs. 84 lakh, has been seized.
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$13 Billion Foreign Fund Inflows In Alternative Energy Sector
FDI, up to 100 per cent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) R K Singh informed the Rajya Sabha
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Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for $32 Million
Reliance announced on Monday that it has agreed to a $32 million deal to acquire California-based solar energy software developer SenseHawk. The deal is expected to be completed by the end of 2022.
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NASA’s EZIE Mission, Designed to Study Electrical Currents in Atmosphere, Reaches Construction Phase
The NASA's Electrojet Zeeman Imaging Explorer (EZIE) mission has passed on to the construction phase after a rigorous review for design cleared the project for further development. Under the EZIE mission, scientists will study electrical currents in the uppermost limits of Earth's atmosphere. The mission will see three identical CubeSats orbiting t...
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Lightyear Raises $110 Million To Bring Its Solar Electric Car To Market
It still plans to deliver the first units to the market in 2022 but it must be noted that this car will not come cheap as it will cost.
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Anupam Rasayan To Set Up Rs 43 Crore Solar Power Plant
Anupam Rasayan issued a letter of intent to install solar power by investing a sum of Rs 43 crore. The entire capital expenditure will be funded from the company's recently concluded IPO proceeds.
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Coal India To Invest Rs 5,650 Crore Over 4 Years In Solar To Cut Costs
The state-run company will fund nearly two-thirds of its plan to construct rooftop and ground-mounted solar power projects with a capacity of 3,000 megawatts (MW) with cash.
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NASA Eyes New Missions for Venus, Moons of Jupiter, Neptune
The four investigations were selected as part of NASA's Discovery Programme that invites scientists and engineers to assemble a team to design exciting planetary science missions that deepen what we know about the solar system and our place in it.
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India May Touch 260 GW Renewable Energy Capacity By 2024: Official
The government expects to achieve a renewable energy capacity target of 260 gigawatt (GW) by 2024, an official said on Friday, as India is seeing rapid growth in renewable capacity backed by government orders, private equity and pension fund investments.
-
Germany Offers Rs. 720 Crore At Low Interest Rates To Rebuild Kerala
The German government has offered help in the form of grants, loans at low rates of interest and by participating in specific projects to rebuild Kerala, which was devastated after the worst ever floods in August, a diplomat said today. Addressing the media, Martin Ney, the German Ambassador to India, said Germany was ready to support the state by ...
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Toyota Invests In Renewable Energy To Power Future Factories, Electric Cars
The Toyota Motor Company has invested in over $267 Million towards renewable energy development in Japan. The investment has been made in partnership with the SPARX Group in Japan and will be called the 'Mirai Renewable Energy Fund'. The fund has been set up to promote and increase the use of renewable clean energy across the island country in orde...
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PM Modi Supports Concessional Financing Of Solar Projects
Prime Minister Narendra Modi today called for concessional financing and less-risky funds for solar projects to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions.
-
Nirav Modi Family Trust Allegedly Swindled 540 Cr Bank Funds, Papers Show
The CBI, while charging celebrity jeweller Nirav Modi for swindling Punjab National Bank (PNB) of Rs 6,498 crores, in transactions dating back to 2011, has named three of Mr Modi's firms as being the recipients of the embezzled money: Diamond 'R'US, Solar Export and Stellar Diamonds.
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Azure Power Ties Up $470 Million Funding For Projects
The solar energy company said it has tied up approximately $309 million for the project finance of its over 450 MW large-scale utility as well as commercial and industrial solar power projects in the states of Karnataka, Punjab, Andhra Pradesh, Uttar Pradesh and Delhi.
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Government To Set Up Rs 1,500 Crore Buffer Funds For Solar Projects
Government will set up a Rs 1,500-crore buffer fund to avoid delay in payments to solar power developers under the Jawaharlal Nehru National Solar Mission (JNNSM).
-
Delhi Police Uncovers Renewable Energy Fraud; Binance Aids in Tracing Illicit Funds
In a new development, Binance revealed that it collaborated with Delhi Police to investigate a renewable energy fraud. As a result, 100,000 USDT, equivalent to Rs. 84 lakh, has been seized.
-
$13 Billion Foreign Fund Inflows In Alternative Energy Sector
FDI, up to 100 per cent, is permissible through automatic route for the promotion of solar power generation in the country, Minister for New and Renewable Energy (MNRE) R K Singh informed the Rajya Sabha
-
Reliance to Acquire Majority Stake in Solar Energy Software Developer SenseHawk for $32 Million
Reliance announced on Monday that it has agreed to a $32 million deal to acquire California-based solar energy software developer SenseHawk. The deal is expected to be completed by the end of 2022.
-
NASA’s EZIE Mission, Designed to Study Electrical Currents in Atmosphere, Reaches Construction Phase
The NASA's Electrojet Zeeman Imaging Explorer (EZIE) mission has passed on to the construction phase after a rigorous review for design cleared the project for further development. Under the EZIE mission, scientists will study electrical currents in the uppermost limits of Earth's atmosphere. The mission will see three identical CubeSats orbiting t...
-
Lightyear Raises $110 Million To Bring Its Solar Electric Car To Market
It still plans to deliver the first units to the market in 2022 but it must be noted that this car will not come cheap as it will cost.
-
Anupam Rasayan To Set Up Rs 43 Crore Solar Power Plant
Anupam Rasayan issued a letter of intent to install solar power by investing a sum of Rs 43 crore. The entire capital expenditure will be funded from the company's recently concluded IPO proceeds.
-
Coal India To Invest Rs 5,650 Crore Over 4 Years In Solar To Cut Costs
The state-run company will fund nearly two-thirds of its plan to construct rooftop and ground-mounted solar power projects with a capacity of 3,000 megawatts (MW) with cash.
-
NASA Eyes New Missions for Venus, Moons of Jupiter, Neptune
The four investigations were selected as part of NASA's Discovery Programme that invites scientists and engineers to assemble a team to design exciting planetary science missions that deepen what we know about the solar system and our place in it.
-
India May Touch 260 GW Renewable Energy Capacity By 2024: Official
The government expects to achieve a renewable energy capacity target of 260 gigawatt (GW) by 2024, an official said on Friday, as India is seeing rapid growth in renewable capacity backed by government orders, private equity and pension fund investments.
-
Germany Offers Rs. 720 Crore At Low Interest Rates To Rebuild Kerala
The German government has offered help in the form of grants, loans at low rates of interest and by participating in specific projects to rebuild Kerala, which was devastated after the worst ever floods in August, a diplomat said today. Addressing the media, Martin Ney, the German Ambassador to India, said Germany was ready to support the state by ...
-
Toyota Invests In Renewable Energy To Power Future Factories, Electric Cars
The Toyota Motor Company has invested in over $267 Million towards renewable energy development in Japan. The investment has been made in partnership with the SPARX Group in Japan and will be called the 'Mirai Renewable Energy Fund'. The fund has been set up to promote and increase the use of renewable clean energy across the island country in orde...
-
PM Modi Supports Concessional Financing Of Solar Projects
Prime Minister Narendra Modi today called for concessional financing and less-risky funds for solar projects to raise the share of solar power in the energy basket, provide cheaper electricity and cut carbon emissions.
-
Nirav Modi Family Trust Allegedly Swindled 540 Cr Bank Funds, Papers Show
The CBI, while charging celebrity jeweller Nirav Modi for swindling Punjab National Bank (PNB) of Rs 6,498 crores, in transactions dating back to 2011, has named three of Mr Modi's firms as being the recipients of the embezzled money: Diamond 'R'US, Solar Export and Stellar Diamonds.
-
Azure Power Ties Up $470 Million Funding For Projects
The solar energy company said it has tied up approximately $309 million for the project finance of its over 450 MW large-scale utility as well as commercial and industrial solar power projects in the states of Karnataka, Punjab, Andhra Pradesh, Uttar Pradesh and Delhi.
-
Government To Set Up Rs 1,500 Crore Buffer Funds For Solar Projects
Government will set up a Rs 1,500-crore buffer fund to avoid delay in payments to solar power developers under the Jawaharlal Nehru National Solar Mission (JNNSM).
