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Ola E-scooters and Hypercharger Network to Hit Market in July 2021

Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced yesterday that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the []

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bp and Infosys to Collaborate on Reducing Emissions at Campuses and Cities

Infosys and bp have signed a MoU under which they intend to work together to develop an integrated Energy as-a-Service (EaaS) offering Infosys, a global leader in next-generation digital services and consulting and bp, a global integrated energy company, have announced that they have signed a memorandum of understanding (MoU) under which both companies intend []

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Ahead of Sunset On Brazils Solar Subsidies, Developers Race to Secure Projects

Brazil, which has disappointed as a market for solar so far, is preparing to bring a new law, passed in March 2021, that will end the countrys transmission network price subsidy. Since only those projects which have been registered with the electricity industry regulator ANEEL by March 2022 will benefit from the soon-to-be scrapped subsidies, []

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IKEAs First Investment in Russias Solar Projects Covers 160 MW

Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight []

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SunCables 14 GW Plan Inches Ahead With Move for Solar Mfg Plant in Darwin

Sun Cable, the Singapore-based consortium handling the worlds largest electricity infrastructure project, aka the $22 billion Australia-ASEAN Power Link (AAPL), revealed this week that it had lodged an application with the Northern Territorys Development Consent Authority for a facility in the regions capital, Darwin. The said facility will manufacture Maverick solar array systems designed by []

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Siemens Gamesa and Repsol Agree to Install 120 MW Across 4 Wind Farms in Spain

Siemens Gamesa and Repsol have signed their first contract that will see the installation of wind turbines across four wind farms in Spain Siemens Gamesa and Spanish energy giant Repsol have signed their first contract together that will see the installation of 24 SG 5.0-145 wind turbines across four wind farms in Spain, with a []

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Battery And EV Maker BYD Profit Up 162% in 2020, On Increased Demand

The China-based automotive subsidiary of BYD, BYD Auto Co., Ltd. reported stellar profit numbers, up 162 percent for the year 2020, yesterday. The sharp profit growth are on the back of increased demand worldwide for its electric vehicles, especially buses, where it is a global leader. BYDs net income reached 4.2 billion yuan or USD []

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Coal India Seeking Developers for 100 MW Solar Plant in Gujarat

Coal India Limited is seeking developers for undertaking the work of complete development and handing over of 100 MW solar plant in Gujarat. Coal India Limited (CIL), a state-owned coal mining corporate, has issued a tender seeking developers for undertaking the work of complete development and handing over of a 100 MW solar PV []

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The BCD Calculus: Will It Deliver The Right Outcomes?

As expected, once it did arrive, Indias Basic Customs Duty (BCD) plan for solar cells and equipment has managed to create just the sort of furore that the government claims it seeks to avoid. After all, for once, this was a decision that was long in coming, with intent having been announced last year itself, []

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