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US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public

US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […]

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Bluetti Unveils ‘World’s 1st Sodium-Ion Solar Generator’

Solar equipment manufacturer Bluetti announced “the world’s first sodium-ion solar generator” — NA300 and its compatible battery module B480 — on its social media handle last month. Sodium-ion batteries have become a cynosure as an alternative to their lithium-ion counterparts in many industries due to their high abundance and low costs, states the company. The […]

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BPCL Signs Pact with SECI to Install 10GW RE Capacity by 2040

Fuel retailer Bharat Petroleum Corporation (BPCL) announced it has signed a Memorandum of Understanding (MoU) with Solar Energy Corporation of India (SECI) to set up 10 Gigawatt (GW) of renewable energy capacity by 2040. The move is also significant in that BPCL has been marked out for disinvestment or complete privatisation by the government, in […]

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Honda 2Wheelers Unveils 2nd Wind Turbine System in Gujarat

Honda Motorcycle & Scooter India (HMSI) on Thursday said its second wind turbine system at Bhanvad in Gujarat has gone on stream, which will help the company meet over 50 per cent of the energy requirements from hybrid renewable resources across all its four manufacturing plants. The wind turbine system at Bhanvad is around 350 […]

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NexGen Energia Seeks Gold In CBG With 1000 CBG Plants Ambition

A clean fuel energy company, NexGen Energia is focused on exploring opportunities to establish green diesel refineries and Compressed Biogas (CBG) production units which it insists is set to be the ‘future fuel of India’. The company has pioneered in the art of making CNG (CBG) from locally sourced waste and agricultural waste in India, […]

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Tata Power Gets LOA For 300 MW Hybrid Project from MSEDCL

TP Saurya Limited (TPSL), a wholly owned subsidiary of Tata Power, received the ‘Letter of Award’ (LoA) from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for setting up of 300 MW hybrid power capacity. This project has been awarded through Tariff-based competitive bidding followed by e-Reverse auction. TP had won the bid along with Azure […]

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ETO Motors Deploys Over 50 E-rickshaws in Gujarat

Electric mobility solutions provider ETO Motors has deployed over 50 e-rickshaws at Kevadia in Gujarat, in partnership with The Statue of Unity Area Development and Tourism Governance Authority (SOUADTGA). The company is further considering deploying over 350 EVs in the next four to six months in a bid to make Kevadia an electric vehicle-only city. […]

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Procurement At Scale Helped Bring Down Prices By 22% For 3 Wheelers

With its focus on delivering clean, affordable, and reliable energy, Convergence Energy Services Limited (CESL) is playing a key role in creating an enabling ecosystem for transitioning to renewable, energy efficient solutions, specially, electric mobility. CESL, a subsidiary of state-owned Energy Efficiency Services Limited (EESL), works under the Ministry of Power, Government of India. Saur […]

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Goa’s State-run Transport Corp Gets 2nd Lot of E-buses

Goa’s Kadamba Transport Corporation (KTCL) on Saturday received the second lot of e-buses fitted with features like electronically controlled air suspension, CCTV cameras, and the emergency button to ensure the safety of commuters. Goa Chief Minister Pramod Sawant flagged off these buses during a round table to promote an electric mobility event organised by the […]

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