Carbon credit

Adani Group Will Invest $70 bn In Green Energy To Build Atmanirbhar Bharat

Adani Group Chairman Gautam Adani has said that the company will invest $70 billion in green energy transition and infrastructure projects, calling upon the shareholders to “reshape India’s energy footprint for an Atmanirbhar Bharat”. Addressing the annual shareholders’ meeting of Adani Enterprises, the flagship company of the group, he said, “The best evidence which showcased […]

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Moto Business Service Forays Into EV With FullFily

Moto Business Service India (MBSI), a leasing firm of Yamaha Motors, has announced its decision to enter into a partnership with Chennai-based FullFily, marking its foray into electric two and three-wheelers asset management services. The terms and conditions of the proposed partnership devolves upon Moto Business Service India (MBSI) the responsibility to manage electric two […]

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Watch Out For World’s First Solar-Powered Mass Market Electric Car

Sion, a five-seater compact family electric car wrapped with 456 solar panels except the windows, is likely to enter the assembly line in the second half of 2023, the German start-up Sono has said. The vehicle was unveiled at Munich. The company is looking to produce more than 250,000 of the vehicles over the period […]

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German Bank KfW Will Lend Colombia $203.8m For Green Energy Transition

Germany will lend Columbia about USD 203.8m in two stages to help the latter achieve green energy transition and become energy-independent. According to a report, Germany’s state owned development bank KfW has released a statement that it will facilitate the loan transfer so that Columbia can rollout renewable energy projects. KfW executive Christiane Laibach has […]

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eBikeGo To Establish Manufacturing Plant For Domestic, Global Market

The electric two-wheeler mobility platform eBikeGo has announced its plans to expand footprint beyond the shores. Popular brands like Muvi and Velocipedo of eBikeGo will make their presence felt in a new market outside of India when the new manufacturing plant begins to produce electric bikes through subsidiary arm, Vajram Electric. Not just powertrain, but […]

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Centre Gives States A New Green Power Mandate To Encourage RPO Compliance

The Union Government has asked state governments to meet a quarter of their power demand through renewable energy sources in the current year, which can be scaled to 47 % in the following eight years. Although consistent with India’s clean energy commitments, the new trajectory of the Union Government will be difficult for the already […]

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Kerala Electricity Board Awards Hero Future Energies 10-MW Battery Storage Project

Delhi-based renewable energy developer and the renewable arm of the Hero Group, Hero Future Energies (HFE), claimed last week that it has “emerged as a successful bidder” in the tender floated by the Kerala State Electricity Board (KSEB). The tender was for the construction of a 10 MW grid-connected energy storage plant in the state. […]

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Hero Electric Begins Construction Of Second Manufacturing Plant In India To Produce 2 Lakh Vehicles

Country’s leading electric scooter company, Hero Electric has begun to build its second manufacturing plant adjacent to the existing facility in the country in Ludhiana, Punjab. Hero Electric Managing Director Naveen Munjal was quoted as saying, “We are very excited to announce our new manufacturing facility in Ludhiana given the exciting growth phase for the […]

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