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First Solar

Earth Energy EV Uncovers Three new Indigenous Electric Two Wheelers

Mumbai based automotive startup, Earth Energy EV has launched its three all-new electric two-wheelers (E2Ws) Glyde+ scooter, and two motorcycles; Evolve R & Evolve Z, for Rs 92,000, Rs 1.30 lakh, and Rs 1.42 lakh, respectively. The company announced them as the on-road prices of the E2Ws that are absolutely indigenous.  However, the Glyde+ e-scooter […]

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Power Consumption in January Grew by Nearly 6% to 3-Month High

India’s power consumption increased to a three-month high of nearly 6 percent at 111.43 billion units (BU) in January 2021. India’s power consumption increased to a three-month high of nearly 6 percent at 111.43 billion units (BU) in January 2021, showing a jump in economic activities. According to data made available by the power ministry, […]

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No Road Tax, Zero Registration Fee for EVs in Telangana From Feb 3

The Telangana Government has released an order on Tuesday, declaring there will be no registration fees along with no road tax for electric vehicles (EVs) in the state, effective Wednesday, February 3.  The order says that 100 percent road tax and registration fee exemption would be given for the first two lakh electric two-wheelers, first […]

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Continuum Wind Energy Raises USD 560 Million In Green Bond Sale

Continuum Wind Energy, a Morgan Stanley-controlled company is in international markets with a USD 560 million dollar-denominated green bond issue, according to two merchant banking sources. Continuum Green Energy is an India focused renewable energy group founded in June 2009.  It has a current portfolio of about 2 GW out of which 757.4 MW are […]

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Siemens Gamesa Renewable Energy Selects Infosys to Deliver ERP System

Infosys has been selected by Siemens Gamesa as a strategic partner for SAP S/4HANA implementation to deliver a globally harmonised ERP system. Infosys, a global leader in next-generation digital services and consulting, has been selected by Siemens Gamesa Renewable Energy (SGRE), a global leader in the renewable energy industry, as a strategic partner for SAP S/4HANA implementation to […]

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Power Sector Non-banking Financier PFC Raises $500 Mn Through Bonds

Power sector Non-Banking Financial Company (NBFC), Power Finance Corporation (PFC), has raised USD 500 million on January 29, 2021, through the issuance of dollar-denominated Bonds with a fixed maturity of May 16, 2031. This is the longest tenor bond issuance from India since the start of 2021.  The bonds have a fixed coupon of 3.35 percent per […]

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Tata Motors Delivers Tigor EVs to Goa’s DNRE, Part of EESL Tender

India’s prominent automobile company, Tata Motors has delivered its Tigor EVs to the Department of New & Renewable Energy (DNRE) in Goa. This deployment is an integral part of its tender with EESL.  The delivery ceremony took place on 1st February in the presence of Hon’ble Chief Minister of Goa, Rajesh Tulshidas Patekar accompanied by […]

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EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State

EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […]

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WAAREE Supplies 23 KwH Li-Ion Batteries to ACE Ltd for Forklifts

Surat based Lithium-Ion Batteries manufacturer, WAAREE ESS Pvt. Ltd has recently designed, developed, and supplied a high capacity 23KWhr lithium battery for 3 Ton forklift applications of ACE Ltd (Action Construction Equipment Ltd). These forklifts outfitted with WAAREE lithium batteries have now been deployed at Chennai airport and operating for 12 hrs per day. The […]

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