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Ola Electric Set To Launch Its First Electric Car by 2024

Ola Electric has announced last Monday that it is set to launch its first electric car by 2024. The company, which had trouble with deliveries of its electric scooters after making its exact one-year debut into the market, has set an ambitious goal of selling 10 lakh electric cars by 2026–2027. Ola founder and CEO […]

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German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW

Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […]

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Property Manager CBRE To Focus On Solar, Battery Storage

Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […]

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Ford Motors Signs 650 MW PPA With US Energy Company DTE Energy

America-based automobile manufacturer giant, Ford Motors Company has announced that it will soon be able to credit 100% of its electricity supply in Michigan to sustainable energy thanks to a new clean energy deal with DTE Energy. By the new deal disclosed today, DTE will increase Ford’s solar energy capacity in Michigan by 650 megawatts […]

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Canadian Solar to Extend Cell & Module Manufacturing Factory in China

With a capacity of 200,000MT of high-purity polysilicon, 10GW of cells and modules, and multiple GW of raw and auxiliary material production, Canadian Solar intends to construct an integrated PV manufacturing factory in Western China. By the end of 2027, the 8.87 trillion US dollar ($60 billion) project will be situated in Qinghai province’s Haidong […]

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Energy Storage Company Sheru Enters Coveted Cleantech Open Accelerator Program

Delhi-based Energy Storage startup, Sheru has been selected for the Cleantech Open Accelerator program 2022 cohort. The Cleantech Open Accelerator program is offering entrepreneurs and innovators training and tools to help them build and expand their cleantech enterprises. Since 2005, it has assisted over 1,800 creative businesses in scaling up, growing, and making a good […]

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QuantumScape Q2 2022 Report: Soon To Deliver 24-layer A sample

QuantumScape (QS), the firm with the highest hopes riding on its solid state battery tech has released its second quarterly (Q2) 2022 report, updating the public on its progress in scaling affordable, energy dense cells for future EVs. The battery manufacturer has been in the business for the past decade. Yet, the firm has only […]

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MSEDCL Invites Expression Of Interest For 298 MW Solar Power Supply

Maharashtra State Electricity Distribution Company Limited (MSEDCL) has invited an Expression of Interest (EoI) for the procurement of a cumulative 298 MW of solar power from de-centralised solar projects. All these solar projects should be a minimum capacity of 0.5 MW and a maximum capacity of 2 MW under component-A of the PM-KUSUM scheme to […]

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BP To Invest Upto £50 Million In Electric Vehicle R&D Centre In UK

British Petroleum or ‘bp’ has announced plans to invest up to £50 million in a new electric vehicle battery testing centre and analytical laboratory in the UK. The company had already revealed its intention to invest up to £18 billion in the UK’s energy system by the end of 2030. Expected to open by the […]

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