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CEEW-NRDC-SCGJ Study Highlights 1 Million Jobs Potential For RE Sector In India

India’s renewable energy sector could potentially employ around one million people by 2030, which would be ten times more than the existing workforce of an estimated 1.1 lakh (110,000) employed by the sector, according to an independent study released today by the Council on Energy, Environment and Water (CEEW), Natural Resources Defense Council (NRDC) and […]

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Sungrow Tops ESG Rankings in China

Inverter major Sungrow has announced that the Company ranked first in the 2021 China Top 500 ESG Companies list released jointly by the well-known organization Sina Finance ESG Rating Center and CCTV-1 “Brand of Great Power” program. A strong ESG rating and ranking is increasingly helping firms benefit with a stronger brand perception and access […]

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Bangalore’s Ola Electric Raises $200 M at $5 B Valuation

Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of  e-scooters […]

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ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations

Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […]

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Agrivoltaics Make Their Case For India

It is a truism that no change is really big enough to matter, unless it impacts the agricultural sector in India. After all, even after 2021, the Agriculture and allied sectors account for over 50% of our workforce, and contribute a substantial 18% to the country’s GDP. With the highest amount of arable land in […]

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Pune’s Nexzu Mobility Launches ‘Bazinga’ E-cycles Starting at ₹49,445

Indian EV maker Nexzu Mobility has unveiled its new Bazinga e-cycles for long-range daily commute, aiming to add to its growing portfolio of e-cycles in the country. The Bazinga e-cycle is priced at ₹49,445 and the Bazinga Cargo e-cycle is priced at ₹51,525, said the company. The online production launch ceremony was organized at the […]

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Solid State Batteries Get A Vote of Confidence With $200 Million For Factorial Energy

Massachusetts, US based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and Stellantis. The startup said that the money will help commercialise its solid state batteries for use in EV’s and more faster. Factorial Energy has developed a 40 Ah version of solid-state […]

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The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion

When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […]

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EU Beats 2020 RE Goal, France Lags Behind: Eurostat

The European Union tapped renewables for 22% of its energy consumption in 2020, beating its 20% target, the EU statistics office, Eurostat, said on Wednesday. The bloc’s 27 countries are increasingly turning to wind, solar and other renewable energy sources as part of efforts to meet the EU-wide ambition of net-zero greenhouse gas emissions by […]

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