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Indian Cleantech Startup Newtrace Raises $5.6 Million
The infusion of capital provides Newtrace with the financial resources to accelerate the development and deployment of its innovative green hydrogen solution.
- Categories
- Energy, Environment, Technology
- Region
- Asia Pacific
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Adani Group to Raise $3.5 Billion Through Share Sale in 3 Companies
The entire fundraising of $3.5 billion, which would go to fund the capital expenditure needs of the group, is likely to be completed within the second quarter (July-September) of the current fiscal.
- Region
- Asia Pacific
- Tags
- renewable energy, scale
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Temasek’s GenZero Backs $50 Million Investment in U.S. Greentech CleanJoule
According to CleanJoule, the funds raised from the round will support the further development of the company’s technology.
- Categories
- Energy, Investing, Technology
- Region
- Global
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ONGC Plans $12 Billion Green Energy Spend
India’s Oil and Natural Gas (ONGC) aims to invest Rs 1 trillion ($12.1 billion) by 2030 in a bid to balance its fossil fuel-heavy energy portfolio with green projects.
- Categories
- Energy
- Region
- Asia Pacific
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Press Release: Sun King and Citi Close First $130 Million Sustainable Securitisation to Broaden Access to Finance for Off-Grid Solar in Kenya
The transaction aims to expedite clean and reliable energy access for Kenyan families and businesses.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Clime Capital, Touchstone Partners Back Solar Cleantech Platform ‘Stride’ to Accelerate Vietnam’s Low-Carbon Transition
Stride helps residential and small business consumers take the next step toward a clean energy future.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Sudden Reduction of Subsidy of Electric Two-Wheelers May Lead to Major Decline in EV Adoption in India
The Heavy Industries Ministry has notified changes for reducing subsidy provided under FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme applicable on electric two-wheelers registered on or after June 1, 2023.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Solar Power Due to Overtake Oil Production Investment for First Time -IEA
Investment in clean energy will extend its lead over spending on fossil fuels in 2023, according to the International Energy Agency.
- Categories
- Energy, Technology
- Region
- Global
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