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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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Mahindra Plans More EVs This Year

The GST rate cuts have not only reduced the prices of electric vehicles but also spurred companies like Mahindra to plan more rollouts. Mahindra and Mahindra said that it is expediting some of its new electric vehicles projects and now wants to work on all new electric vehicles made for India. While interacting with the media at […]

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4 Lakh EVs in India, Half of Them in Delhi & UP: Nitin Gadkari

Nitin Gadkari has informed that at present there are nearly 4 lakh (3,97,184) registered EVs or battery operated vehicles in India The Minister for Road Transport and Highways, Nitin Gadkari, has informed that at present there are nearly 4 lakh (3,97,184) registered electric vehicles (EVs) or battery operated vehicles in India and that more than […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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Can India Beat China in Li-ion Battery Manufacturing and its Pricing?

The arrival of Li-ion batteries has been nothing short of a blessing in the world of technology and gadgets. These batteries are more energy dense compared to both Lead acid and Nickel Metal Hydride. That’s why Li-ion cells are widely used in Automotive, Laptops & Cameras, and other Electronics equipment nowadays. India recently started venturing […]

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Govt to Sustain Investors Confidence Via Steady Policy, Ensuring Timely Payment to Developers: Dr. Ajay Mathur

Demand generation of solar power through compliance to the provision of solar RPOs needs to be continued with strict monitoring. The government needs to work on sustaining the confidence level of investors through steady policy of procurement process and ensuring timely payments to the developers. On technical side, grid balancing mechanisms through demand side management […]

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Revolt Intellicast Unveils India’s First AI-Powered Electric Bike ‘RV 400’

Gurgaon-based startup Revolt Intellicast has unveiled its new Revolt RV 400 AI enabled electric motorcycle in India. The electric bike is India’s first motorcycle to come powered by Artificial Intelligence and can be controlled by an app and Bluetooth connectivity. The Revolt RV 400 will be available for pre-order on June 26 from the company […]

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