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RMI Releases Report On Mitigating Financial Risks In EV Lending

The RMI released a report that sheds light on the challenges encountered in extending loans for internal combustion engine (ICE) two- and three-wheelers due to the prevalence of new-to-credit (NTC) borrowers. The report emphasizes mitigating risks in lending for the acceleration of electric vehicle (EV) adoption and provides an in-depth analysis of the financial landscape […]

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IKEA Investment Arm Secures Norwegian Offshore Wind Project

Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has announced its success in the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 offshore project area in the Southern Norwegian North Sea. According to a media statement by Parkwind, part of […]

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Sungrow Opens DC Fast Charging Station Across Locations In Europe

Sungrow, a clean energy solution firm, has announced the IDC180E Integrated DC Fast Charging Station. Since its launch, the IDC180E has been deployed and is operational across multiple countries and regions, including France, Germany, Bulgaria, and beyond. It represented a shift in electric vehicle (EV) charging technology, the IDC180E redefined standards with its innovative features […]

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SOFAR Brings PV & ESS Solutions At Solar Solutions 2024

Photovoltaic and Energy Storage System solutions company SOFAR presented its various products during the Solar Solution conclave 2024. SOFAR PowerMagic, a system crafted for C&I ESS, made a debut at the expo. It’s endowed with an efficient liquid cooling system and intelligent temperature control, promising unsurpassed cooling capabilities and energy efficiency. The modular design allows […]

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As Sales Peak EPA Finalises New Pollution Standards For EVs In US

Biden-Harris Administration has finalised pollution standards for cars that position US companies and workers to lead towards a clean vehicle future, protect public health, address the climate crisis, and save drivers money. EPA has finalised this rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. The […]

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Amazon, East Anglia Three Offshore Wind Farm Sign PPA For 159 MW RE

Amazon recently agreed to procure 159MW from East Anglia Three, developed by Iberdrola, when the site becomes operational. An American multinational technology company collaborated with Iberdrola, which claims to be one of the world’s largest clean energy companies. Amazon expanded its long-term global clean power partnership by signing a renewable energy power purchase agreement (PPA) […]

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India To Generate 600 kT Solar Waste From Installed, New Capacity By 2030, Finds Study

India’s installed 66.7 GW solar capacity, as of FY23, has generated about 100 kilotonnes (kt) of waste, which will increase to 340 kt by 2030, according to a study conducted by the Ministry of New and Renewable Energy and Council on Energy, Environment and Water (CEEW) ‘Enabling a Circular Economy in India’s Solar Industry: Assessing […]

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Cyantron & Fasmho Energy Ink Deal For High-Voltage Battery Systems

Electric Vehicles battery management firm Cyantron and Fasmho Energy have announced their partnership, focusing on advanced battery packs aiming to develop and manufacture custom intelligent energy storage solutions, particularly for non-stationary high voltage energy systems like e-buses and e-trucks. According to a media statement by Cyantron, Fasmho Energy and Cyantron Synergies plan to co-develop battery […]

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What Energy Transition Means For Indian Homeowners & Individuals?

By-Praveen Raju, Janhavi Joshi, and Amoolya Khurana  The Government of India highlighted the challenges faced by developing countries to combat climate change at the 2021 United Nations Climate Change Conference (“COP26”) and subsequently presented India’s commitments to the energy transition in the form of Panchamrit i.e., a five-step approach to combat climate change which included […]

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