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Okinawa Autotech Announces Launch of ‘Megafactory’ In Rajasthan

Okinawa Autotech, India’s electric two-wheeler brand has announced the launch of its mega factory in Karoli, Rajasthan. It will be one of the most comprehensive units and the first such attempt (First Complete EV Ecosystem as the company terms it ) made in the country by an electric two-wheeler company.  The mega factory will have […]

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New Fitch Report Says Saudi Arabia Solar Power Expansion To Reach 5.1 GW By 2031

Fitch Solutions has come up with a fresh report stating that the solar power capacity of Saudi Arabia might grow to more than 5.1 GW between 2022 and 2031. The solar expansion holds massive potential given the long-term power sector plans and policy support from the Saudi Arabia government. The report also said that Saudi […]

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PubMatic Achieves 100% Renewable Energy Across Global Data Centers

PubMatic, an independent technology company has said that all of its global data centers are now powered by 100% renewable energy. PubMatic claims it to be a significant milestone and says that it embarks on a comprehensive, multi-pronged sustainability plan by the end of 2022. According to the World Economic Forum, the infrastructure powering the […]

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State Of Offshore Wind Power in India

The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […]

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Toyota Partners With Redwood Materials For Closed Loop EV Batteries

Toyota Motors has swung into action by driving the future of its electric vehicles (EV) with help from its new partner, a battery recycling startup, Redwood Materials, founded by Tesla Co-founder and former CTO, JB Straubel. The startup will help the Japanese automaker develop a battery supply chain that collects, recycles, refurbishes and remanufactures EV […]

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Saera Electric Auto Starts Production At Bawal Plant In Haryana

A leading player in the electric vehicle segment in India, Saera Electric Auto Pvt Ltd (SEAPL) has commenced the production at its Bawal plant in Haryana, which it acquired from American cult bike maker Harley Davidson. The firm, which first introduced e-rickshaw under the Mayuri brand, is producing e-rickshaws and e-carts at the plant spread […]

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Preeti Bajaj Takes On The Mantle Of MD & CEO For Luminous Power Technologies

Owned by French engineering company Schneider Electric, Luminous Power Technologies has announced the appointment of Preeti Bajaj as its Chief Executive Officer and Managing Director. She will be taking over the leadership position from Vipul Sabharwal, who is superannuating. He has been leading the organisation since 2014. Preeti Bajaj will begin her stint at the […]

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India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA

A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […]

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