Author: Chitrika Grover

RMI Releases Report On Mitigating Financial Risks In EV Lending

The RMI released a report that sheds light on the challenges encountered in extending loans for internal combustion engine (ICE) two- and three-wheelers due to the prevalence of new-to-credit (NTC) borrowers. The report emphasizes mitigating risks in lending for the acceleration of electric vehicle (EV) adoption and provides an in-depth analysis of the financial landscape […]

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Sungrow Opens DC Fast Charging Station Across Locations In Europe

Sungrow, a clean energy solution firm, has announced the IDC180E Integrated DC Fast Charging Station. Since its launch, the IDC180E has been deployed and is operational across multiple countries and regions, including France, Germany, Bulgaria, and beyond. It represented a shift in electric vehicle (EV) charging technology, the IDC180E redefined standards with its innovative features […]

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As Sales Peak EPA Finalises New Pollution Standards For EVs In US

Biden-Harris Administration has finalised pollution standards for cars that position US companies and workers to lead towards a clean vehicle future, protect public health, address the climate crisis, and save drivers money. EPA has finalised this rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. The […]

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Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE

Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […]

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EKI Power Trading Appoints Rajiv Goyal As Its CEO, Whole-Time Director

EKI Power Trading Pvt. Ltd. recently announced the appointment of Rajiv Goyal as its Chief Executive Officer (CEO) and Whole-Time Director. With a career spanning over 28 years, Goyal brings experience and expertise in the energy sector to his new role. A graduate of REC Calicut Kerala in Electrical and Electronics Engineering, Goyal furthered his […]

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JSW, MG Motor JV Sets Target Of 1 Million EVs Sales For India By 2030

Mumbai-based steel producer JSW announced its collaboration with MG Motor a luxury SUV cars provider in India through a joint venture. This collaboration between MG Motor and JSW Group aims to sell one million electric vehicles in India by 2030 and capture a third of the market. The joint venture, according to the two businesses, […]

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Hitachi, Penske Launch Large-Scale Electric Truck Charging Pilot

US-based Hitachi Energy and Penske Truck Leasing have announced the launch of their large-scale, centralised electric truck charging solution. This project supports Penske’s electric truck deployments for its customers in the Stockton, California area. Hitachi Energy an energy technology provider and transportation solutions company Penske Truck Leasing announced their joint initiative to set up a […]

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GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K

GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […]

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US Invests $44 Million In Grid Connected Renewable Energy Projects

The US Department of Energy (DOE) has announced the selection of eleven projects to receive $34 million for tools to advance a clean, reliable electricity grid run on wind and solar energy. DOE also announced a new $10 million funding to streamline the interconnection of clean energy to the grid. Together, these initiatives are estimated […]

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