SUBSCRIBE NEWS LETTER

Green Energy

Darwin Platform Group Launches Three New E-scooters

Darwin Platform Group of Companies (DPGC) on Monday announced its foray into the electric mobility space with plans to invest nearly Rs 450 crore on product development, as per media reports. As part of the initiative, the group’s EV venture Darwin EVAT launched three electric scooters — D-5, D- 7 and D-14 — priced at […]

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Canadian Firm Closes $10M Series A to Expand Lithium Refining Capacity

Mangrove Lithium, a Vancouver based company, has closed a USD $10 million Series A investment round led by Breakthrough Energy Ventures (BEV) with participation from existing investor BDC Capital’s Cleantech Practice (BDC). The company will use the investment to build its first operational, commercial-scale plant with the intention of expanding lithium refining capacity in the Western […]

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IEX Announces Resumption of REC Trading From Nov 24

The Indian Energy Exchange (IEX) has announce the resumption in the trading of Renewable Energy Certificates (REC) with effect from Wednesday 24 November 2021, after a gap of almost 16 months. The last REC trade session took place in June 2020. The trade has been resumed in line with APTEL’s recent order dated 09.11.2021 and […]

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France, UAE to Join Forces on RE and H2 Projects

French finance minister Bruno Le Maire said on Sunday that France will work with the United Arab Emirates (UAE) on new projects in the energy sector including renewables and hydrogen fuel. “Reaching zero carbon emissions by 2050 is an important goal, and we want to work with the UAE on this fight on climate change,” […]

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Panasonic Launches EverVolt 2.0 Home Battery Storage System

Japan-based Panasonic Corporation, an electronics manufacturer formerly known as Matsushita Electric Industrial Co., has unveiled an updated version of its EverVolt home battery system — an emergency power back up system that stores surplus solar energy for use when the power goes out or in the evenings when rates are highest. The key features of ‘EverVolt™ 2.0 […]

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Tech firms Plan ₹5k cr invt in Karnataka For Solar Cells, Other Electronics

Prominent tech companies such as HCL have come forward to invest over Rs 5,000 crore in Karnataka, a State Minister said on Thursday. Addressing reporters at the Bengaluru Tech Summit 2021, the Minister for IT-BT and Higher Education, Dr C N Ashwath Narayan, said HCL, Applied Material, Rakon, and Chint have come forward to invest […]

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S Korea to Push Hydrogen Ammonia Pwr Gen Project, Replace Coal, LNG

The Korean government will promote the commercialisation of hydrogen and ammonia co-firing power generation to replace coal and liquefied natural gas power generation. The government is planning to significantly reduce greenhouse gas emissions by commercialising ammonia co-firing power plant by 2030 (20 per cent) and hydrogen by 2025 (more than 30 per cent). The Ministry of Trade, […]

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India Needs $10 T Investment to Achieve Net-Zero by 2070: CEEW-CEF

India would need cumulative investments of USD 10.1 trillion to achieve net-zero emissions by 2070, according to an independent study released today by the CEEW Centre for Energy Finance (CEEW-CEF). These investments would help decarbonise India’s power, industrial, and transport sectors. However, the first-of-its-kind study also estimated that India could face a significant investment shortfall […]

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US Firm BILITI Electric Unveils New EV with Battery Swapping Tech

US-based BILITI Electric, a manufacturer of compact electric vehicles, has introduced the GMW Taskman, its electric vehicle with SmartSwapp battery technology, to North America at the AutoMobility event in Los Angeles. The vehicle has a certified range of 110 miles and is designed for commercial last-mile deliveries. The SmartSwapp technology enables the user to simply […]

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