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Siemens invests in WiTricity to advance wireless EV charging

US-based wireless charging technology company WiTricity has announced that Siemens invests $25 million and acquired a minority stake in it. The official statement holds that Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging as this market is expected to reach $2 billion by 2028 in Europe […]

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Omega Seiki Plans To Lease 5,000 EVs By 2023

Delhi-based end-to-end mobility solutions provider, Omega Seiki has formed a strategic partnership with Grip Invest for lease financing to retail investors. With this partnership, Both companies will try to make the electric vehicle’s delivery more smooth & easy in the last mile delivery segment. Commenting on the partnership, EV manufacturer OSM said that Gripp Invest […]

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Siemens Gamesa, Greenalia To Install 3 Wind Farms of 110 MW in Spain

Global renewable energy player Siemens Gamesa and independent power producer Greenalia have announced that they will install a hat-trick of wind farms in the province of A Coruna in Spain. The total capacity of the project will be 110 MW. According to the official statement by Siemens Gamesa, the three wind farms will be equipped […]

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BPCL and Bounce Infinity Collaborate To Set Up Battery Swapping Stations

State owned Bharat Petroleum Corporation Limited (BPCL) and Bounce Infinity have said that they have collaborated to strengthen the extensive battery swapping infrastructure of Bounce Infinity. According to the company statement, Bounce Infinity will set up battery swapping stations across Bharat Petroleum fuel stations in the collaboration. This will be done in a phased manner in […]

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Israel Announces Plan to Reach 20% Renewable Energy Generation by 2025

The Israeli Government has come up with an ambitious energy plan whereby it wants to double down on its solar capacity by the middle of this decade. This is aimed at producing Israel’s 30 per cent of the energy needs from renewable sources. According to the new plan, the remaining 70 per cent will be […]

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Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power

Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […]

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Andhra Pradesh And Adani Green Sign 60,000 Cr MoU

Andhra Pradesh and Adani Green Energy signed a Memorandum of Understanding (MoU) on May 23 to set up two mega green energy projects at an estimated cost of Rs 60,000 crore in the State. Besides establishing a 3,700 MV hydro storage project, the renewable energy company will also set up a 10,000 MW Solar Power […]

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Cellcube Awards Contract For 1GW Batteries

Cellcube, officially called Enerox, has signed a five-year framework agreement with renewable energy developer Kibo Energy to deploy at least 1GW of storage in targeted Southern African Development Community (SADC) countries comprising of all 16 countries from South Africa up to the Democratic Republic of Congo and Tanzania. According to a report published and released […]

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IREDA Keen To Promote Renewable Energy Projects In Odisha

Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Ltd. (IREDA) met Suresh Chandra Mahapatra, Chief Secretary, Govt of Odisha, in Bhubaneshwar on May 13 over the prospects of Renewable Energy in the state. “IREDA is keen to promote more RE projects in Odisha, realizing the immense green energy potential in […]

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