Author: Saur News Bureau

EVI Technologies, IIT Delhi to Develop Battery Swapping System (BXS) for EVs

EVI Technologies (EVIT) has announced that  it has developed Battery Xchange System (BXS) for two and three-wheeler electric vehicles under the Sustainable E-Mobility vertical of Delhi Research Implementation and Innovation (DRIIV), IIT Delhi. The BXS is being installed at IIT Delhi by EVI Technologies as a concept designed for electric three-wheelers to be used in […]

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DERC Rules in Favour of Rays Power on PPA dispute With NDMC, Orders Payment of Arrears

The Delhi Electricity Regulatory Commission (DERC) has finally approved the PPAs signed between Rays Power and NDMC, following a 7-year delay attributable to the latter. In March 2015, the New Delhi Municipal Council (NDMC) entered into 23 solar Power Purchase Agreements with Rays Power Experts Pvt. Ltd. In November 2016, NDMC approached DERC to request […]

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US startup raises $4.2 M to make affordable Green H2 for heavy industry

Advanced Ionics, a US-based provider of next-generation industrial electrolyzers that can produce green h2 for less than $1/kg, has announced the closing of its initial financing of $4.2 million led by Clean Energy Ventures, a venture capital firm funding early-stage climate tech innovations, with participation from SWAN Impact Network. “By requiring significantly less electricity than […]

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New York State Passes Law that Bans Crypto Mining Based On Non Renewable Energy

The New York State Assembly has passed a legislation that outlaws crypto currency mining that employs non-renewable energy sources. Democrat Anna Kelles sponsored the assembly bill A7389C. An assembly committee had voted on Monday to advance the bill to a full vote of the state assembly. The new law will impose a two-year moratorium on […]

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Tata Power, NAREDCO Collaborate To Set Up 5000 EV Charging Stations in Mumbai

National Real Estate Development Council (NAREDCO) – one of the premier bodies of real estate in India – and Tata Power have announced a collaboration to set up 5000 electric vehicles’ charging stations in Mumbai. The charging stations will come up in the properties or residences of the developers who are members of NAREDCO. The […]

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Envision Energy Gets 2000 MW Wind Turbine Orders in India

Chinese wind turbines and energy management software provider, Envision Energy has announced that it has been awarded a 2000 MW (2GW) wind turbine order in India. Envision has said that a total of 596 wind turbines, all manufactured in Envision’s India factory, will be delivered by the end of 2023. The official statement of Envision held […]

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Azure Power to Develop 1700 MW renewable energy projects in Karnataka

Azure Power has announced that it has signed an Expression of Interest (EoI) with Government of Karnataka to develop solar, wind, and hybrid renewable energy projects that will total to 1700 MW capacity. Azure said that the total investment commitment is Rs 13,300 crore. Azure Power is one of the leading independent sustainable energy solutions […]

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IEX Q4 and FY 2022 Results; Profit Grows 50% on 36% Growth in Topline

India’s premier energy exchange, IEX has announced its fourth quarter and full year results for FY22. Key Highlights from the results are:       (* All amounts are represented in the table are in Rs Crores) Particulars Q4FY21 Q4FY22 YoY FY21 FY22 YoY Electricity Volume (in BU) 22.4 24.8 10.5% 74.0 95.6 29.2% REC Certificates […]

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Hygge Energy to install ‘Zero Emission Electric Mobility’ solution at THINK Gas CNG stations

Cleantech solutions provider Hygge Energy has signed an MoU with THINK Gas, a leading operator of CNG Stations in India, to set up ‘Zero Emission Electric Mobility’ solution at the latter’s CNG stations. Hygge’s software solution, which maximizes usage of renewable energy for the purpose of EV charging, will be installed at THINK Gas’s CNG […]

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