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Grundfos Lauded for Work in Emerging Markets With Solar Pumps

Based on analysis of global emerging markets for solar pumps for economic development, Grundfos has won the 2019 Global Emerging Market Innovation Award Based on its recent analysis of global emerging markets for solar-powered water pumps for economic development, Frost & Sullivan has recognised Grundfos with the 2019 Global Emerging Market Innovation Award. With superior […]

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India Prepares to Become a Major Player in EV Sector

A new analysis looks at the future of energy storage and EV in India, making the case for scooters and buses as India begins its transition A new analysis looks at the future of energy storage and electric vehicles (EV) in India, making the case for electric scooters and electric buses as India begins its transition to […]

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Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round

Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […]

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Carnegie Mellon University Signs Multiyear RE Agreements With Engie

Carnegie Mellon University and Engie have agreed on multiyear energy agreements in which the university will purchase energy from a wind farm, and secure RECs Carnegie Mellon University (CMU) and Engie Resources, the North American subsidiary of French multinational electric utility Engie have announced a series of multiyear energy agreements through 2024 in which the […]

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Renault to Launch Budget-Friendly Kwid Electric in India

Renault is set to launch its Kwid EV that could fill the gap for an affordable, functional and aesthetic electric car in India. French carmaker Renault is bringing a new electric hatchback. Renault Kwid EV has already been launched in China as City K-ZE, and it costs less than $8,700 (Rs. 6,23,000). Its relatively cheap entry […]

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Australia to Invest $15 mn in Ultra Fast EV Charging Network

Australia has today announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery EV charging network along Australia’s highways. On behalf of the Australia Government, the Australian Renewable Energy Agency (ARENA) has announced $15 million in funding to Evie Networks to roll out the largest ultra fast battery electric […]

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EV’s Have Charmed The Government – Will The Markets Follow?

On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […]

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Interview: Govt Can Create Better Awareness for Promotion of Energy Efficiency

The government could go one step further and create better awareness by highlighting various technologies that aid in improving energy efficiency in industries and buildings. In addition, the success of Bureau of Energy Efficiency’s Perform-Achieve-Trade (PAT) scheme can also be scaled up to other sectors at faster rate than is happening today. These coordinated activities […]

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Energy Vault Gets $110 mn Investment From Softbank Vision Fund

Energy Vault has announced that it has completed a USD 110 million Series B funding round led by the SoftBank Vision Fund. Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to long duration, utility-scale energy storage, has announced that it has completed a USD 110 million Series B […]

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