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Altigreen Has New Service Head, Quality Head

Altigreen, an EV major, has strengthened its leadership team in the critical areas of service and quality to meet the surging demand of the EV industry. Releasing a press statement on May 6, the company has informed the appointment of Mainak Nandi as national head of service and spares and Vinod Gupta as head of […]

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Actis Forms Blupine Energy to Develop renewable energy in India

Actis has incorporated Blupine Energy Pvt Ltd, a company in India to develop renewable energy projects and store assets in India. In June, 2021, Actis had officially incorporated Blupine Energy in which the paid up capital was Rs 16 crore. Reports say that Bluline will become active immediately with a corpus of funds amounting $800 […]

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Battery Boom Could Redraw Geopolitical Order

Russia’s invasion of Ukraine has accelerated a shift to investment in renewables and storage batteries as a way to reduce dependence on imports of fossil fuels a large part of which comes from OPEC and Russia. Dependent on Russia for supply of gas everyday, Europe and USA are desperately trying to break free and access […]

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50% of Power In Spain Comes From Renewables In April

Span’s national grid operator Red Electrica de Espana has informed in its estimates report that Spain had produced a little over half of its electricity from renewable sources of energy last month. It said that in April the Spanish power coming from clean sources was 50.1 per cent. It has higher than what was produced […]

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Renewable Energy Supply Increases By 15.5 GW: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 15.5 GW during FY22, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) market handbook on May 6. Compared to 7.7 GW installed in the previous FY, it is quite an improvement. However, it is a poor consolation given India has the […]

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Why B2B Companies Are Opening Arms For EVs For Their Supply Chain

The logistics industry in India is witnessing a steady growth in the adoption of electric vehicles (EVs) to carry last-mile operations. The introduction of newer electric vehicle models and technological innovations in making electric vehicles are attracting businesses to adopt EVs ownership. The introduction of upgraded EVs and technological innovations in this sector are attracting […]

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Nexcharge Starts Production of Li-ion Battery Packs and Modules

Nexcharge has announced the inauguration of its manufacturing plant at Prantij, Gujarat which is spread across 6 lakh square feet for the production of Li-ion battery packs and modules (Pouch/ Prismatic/ Cylindrical Nexcharge says that the facility has 6 fully automated assembly lines and testing labs with an installed capacity of 1.5 GWh and will […]

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FIMER to showcase Its PV and EV solutions at Intersolar Europe 2022

FIMER, a household name in solar inverters and electric mobility systems, is geared up to showcase its pathbreaking technologies for Solar and EV markets at Intersolar Europe 2022 from 11 to 13 May in Munich, including the recently launched ‘best-in-class’ power platform for residential applications and the new powerful multi-MPPT PVS-350 string inverter for utility scale. […]

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Vitesco Technologies gets €2 billion order from Hyundai to deliver EMR4 axle drive

Further expanding its axle drive business, Hamburg, Germany based Vitesco Technologies has announced that the company has secured a €2 billion contract to supply its new generation axle drive EMR4 (Electronics Motor Reducer) to Hyundai Motor Group. In March, Vitesco Technologies had announced about the very order in its annual press conference but the name […]

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