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Zypp Electric & Venture Catalysts In Tie-Up For Logistics Innovation Challenge

Leading EV Logistics Tech delivery startup Zypp Electric has partnered with India’s leading early-stage incubator Venture Catalysts to support budding EV Startups. Under this drive, Zypp Electric with Venture Catalyst is organizing an innovative challenge programme named – Zypp EVolve – S1 – EV/Logistics Innovation Challenge. Zypp Electric will support every individual/team/startup who has disruptive […]

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Nanotech Firm Log 9 Materials Raises $2 M from Petronas Ventures

Bengaluru-headquartered advanced battery-tech and deep-tech start-up Log 9 Materials has concluded its Series A+ capital raise round of $10 Million by announcing $2 Million investment from PETRONAS Ventures – the venture capital arm of PETRONAS, a global energy and solutions company. PETRONAS is ranked amongst the largest corporations on Fortune Global 500. This Series A+ […]

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Large Buildings RE Specialist Blueprint Power Acquired by BP

bp has acquired Blueprint Power, a US-based technology company whose technology can help turn buildings into a flexible power network by connecting them to energy markets through cloud-based software. Or a Virtual Power Plant. Blueprint’s technology presents an opportunity to help decarbonize commercial real estate, help real estate owners meet their environmental goals, and give […]

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Transmission System for Rajasthan Solar Energy zone commissioned

POWERGRID Khetri Transmission System Ltd. (PKTSL), a fully owned subsidiary of Power Grid Corporation of India Limited (POWERGRID) has commissioned the Transmission System associated with Rajasthan Solar Energy Zone (SEZ) Part-C on 4th October 2021. This is one of the largest Inter State Tariff Based Competitive Bidding (TBCB) projects established in the state of Rajasthan. The […]

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CESL Launches Grand Challenge for E-Buses Deployment in 9 Cities

In an attempt to boost the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has announced the ‘Grand Challenge’ – a set of homogenized demand for electric buses aggregated across nine cities. The Grand Challenge invites State Transport Undertakings […]

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NTPC Green Arm Signs First Green Term Loan Worth 500 Cr

NTPC Renewable Energy ltd (REL), a 100 per cent subsidiary of NTPC ltd, has signed its first green term loan agreement of Rs. 500 crores at a very competitive rate with a tenor of 15 years with Bank of India on September 29, 2021, for its 470 MW solar projects in Rajasthan & 200 MW […]

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Zypp Electric Raises About $7 M in Series-A Funding Round

Hyperlocal and EV-based last-mile delivery start-up Zypp Electric said on Tuesday it has raised around USD 7 million (about Rs 52 crore) in a Series-A funding round amid its plans to expand its fleet to 10,000 vehicles across 25 cities in the next 12 months. The funding round was co-led by 9Unicorns and Anthill Ventures, […]

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Global Fossil Fuel Subsidies Stand at $6 Trillion: IMF

New research produced by the International Monetary Fund (IMF) estimates global fossil fuel subsidies at about US$6 trillion (i.e. 6.8 percent of global GDP), with more than 70 percent reflecting undercharging for the environmental costs pertaining to the fuels, revealed IMF Managing Director Kristalina Georgieva at a recent UN energy summit. The IMF had previously estimated […]

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Solar Boats To Be Deployed on Kochi-Muziris Heritage Tours

The Cochin International Airport Ltd (CIAL) on Sunday signed a Memorandum of Understanding with the Muziris Heritage Project Ltd. for using its solar boats for the tours conducted in Kochi-Muziris heritage tourism circuit. As per the MoU signed by CIAL Managing Director S Suhas IAS and Muziris Heritage Project Managing Director P M Nowshad, the […]

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