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EV ecosystem

Gogoro & Swiggy Announce Electric Vehicle Partnership in India

Gogoro Inc. a firm that delves into battery-swapping ecosystems that enable sustainable mobility solutions for cities, has today announced an EV partnership with Swiggy, an on-demand convenience delivery platform. “Accelerating the electric transformation of India’s hyperlocal fleets is a top priority for Gogoro and India’s national and city governments. Partnering with Swiggy, a leading player […]

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Norfund Pumps Repeat Investment into Fourth Partner Energy for ₹350 Cr

Norwegian Investment Fund for developing countries – Norfund today announced a fresh investment of ₹350 Cr into renewable energy solutions platform, Fourth Partner Energy (4PEL). This is the second round of equity infusion by Norfund into 4PEL, following its $100 Mn investment in June 2021. Speaking about this development, Anders Blom, Vice President at Norfund […]

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Eicher & Amazon Join Hands for 1000 Electric Trucks

Eicher Trucks and Buses has joined hands with Amazon for the electrification of Amazon’s delivery network’s middle-mile and last-mile segments. 1,000 zero-emission electric trucks over the next five years will be introduced. Amazon will deploy 50 Eicher EVs (electric vehicles) all over the significant hubs, which will encompass Delhi, Manesar, and Gurugram. Eicher’s electric trucks […]

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Adani’s 5.2 MW Onshore Wind Turbine A Step Closer To Launch

The Adani group’s much anticipated 5.2 MW wind turbine being built at Mundhra, Gujarat, is close to a formal unveiling. Touted as  the country’s largest wind turbine and one of the largest on-shore machines in the world when ready, the machine is being built with technology from W2E Wind to Energy GmbH of Germany. Till […]

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Tongwei Becomes First Chinese PV Maker in Fortune 500 List

China’s Tongwei Group, a powerhouse in the solar manufacturing space made its debut on the Fortune 500 list of 2023 with a revenue of CNY 2148.82 billion and ranked 476th, becoming the first photovoltaic company in the world to enter the Fortune Global 500. At the same time, Tongwei Group ranked 34th on the Return on […]

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Brookfield & Reliance Join Hands for Green Energy Manufacturing in Australia

Brookfield Asset Management and Reliance Industries, India’s largest private sector enterprise and a Fortune 500 company, have entered into a Memorandum of Understanding (MoU) to explore opportunities for manufacturing renewable energy and decarbonization equipment in Australia. The primary goal of the MoU is to accelerate and de-risk Australia’s energy transition by fostering local production of […]

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BOEM Announces Offshore Wind Energy Zones Near Delaware, Maryland, & Virginia

As part of the Biden-Harris administration’s goal of deploying 30 gigawatts (GW) of offshore wind energy capacity by 2030, The Bureau of Ocean Energy Management (BOEM) recently unveiled three final Wind Energy Areas (WEAs) off the coasts of Delaware, Maryland, and Virginia. The development of these areas involved extensive consultation and feedback from states, Tribes, […]

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