SUBSCRIBE NEWS LETTER

EV Charging

After over 90% Erosion In Value, QuantumScape Future Has Many Possibilities

Wall Street has been ominous for most stocks in 2022, more so on smaller, unprofitable growing companies which are typically more sensitive to rising rates, inflation and supply chain challenges. The same has been the case with QuantumScape (QS) investors. QS stock is losing money and there are no product revenues. It is a special-purpose […]

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Director (System Operation)

I.  COMPANY PROFILE:- Power System Operation Corporation Limited(POSOCO) is a wholly owned Government of India Company with the following mission: “Ensure Integrated Operation of Regional and National Power Systems to facilitate transfer of electric power within and across the regions and trans-national exchange of power with Reliability, Security and Economy.” POSOCO has been entrusted with […]

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World Bank Provides $165 M To Support RE In India’s Residential Sector

The World Bank Board of Executive Directors on June 28 approved of $165 million in additional financing to support India’s residential sector in adoption of rooftop solar systems and make solar energy more affordable, according to a press release issued by the World Bank. These solar photovoltaic (PV) installations will provide clean, renewable energy, and […]

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Trains Fueled by Hydrogen will Operate in Germany

Hydrogen-based technology is being used in rail transport. The latest example is Germany’s Siemens Mobility, which is building several trains fueled by hydrogen for the transport network in the Berlin-Brandenburg metropolitan area. On Monday (27th June) Siemens Mobility stated that Niederbarnimer Eisenbahn has ordered seven of its Mireo Plus H trains from the company. The […]

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Mecwin India Invests Rs 50 Cr to Set Up New Manufacturing Unit

Bangalore-based EV start-up, Mecwin India has announced a new manufacturing unit in Bengaluru, Karnataka for EV motors and controllers. The firm is going to invest Rs 50 Cr in this manufacturing unit, it claims.  According to the company’s statement, Bengaluru’s production plant for domestic EV motors and controllers will be up and running by the […]

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Battery Smart Raises $25 Million Funding Led by Tiger Global

Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global.  Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […]

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China’s CATL Launches Battery With 1000 km Range On A Single Charge

Leading battery manufacturer, Contemporary Amperex Technology Co Ltd (CATL) has launched its Qilin battery technology which has a volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg. CATL claims that it has recorded the highest integration level worldwide so far by delivering a range of over 1,000 km . The […]

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MNRE Will Invite Bids From States For 8,000 MW Power From Stranded Thermal Plants

RK Singh, Union Minister of Power and New and Renewable Energy (MNRE), said on June 26 that the government will invite bids from the states to sell electricity generated from 8,000 megawatt (MW) thermal capacities without PPAs after aggregating the demands. About 8,000 MW of thermal capacities across the states in India are without any […]

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