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GCF Approves USD 137 Mn FMO Investment in India’s Green Growth Equity Fund

The Board of GCF has approved the proposal by FMO to accelerate private and public sector investment in India’s green infrastructure projects. The Board of the Green Climate Fund (GCF) has approved Dutch development bank FMO’s proposal to accelerate private and public sector investment in India’s green infrastructure projects. Through the Green Growth Equity Fund […]

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Record Fall in Coal Generation in 2020, but Emissions Remained High: Ember

New research has revealed a record fall in coal generation in 2020, however, power sector emissions were still higher than in 2015. New research has revealed that China was the only G20 country that saw a large increase in coal generation in the pandemic year. Globally there was a record fall in coal generation in […]

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Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million

Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […]

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IIT Brings Prototype to Use Hydrogen Fuel With Ease and Safety

IIT (BHU) professor Dr. Rajesh Kumar Upadhyay has come up with a membrane reformer prototype for producing ultra-pure hydrogen from methanol. IIT (BHU) professor Dr. Rajesh Kumar Upadhyay, department of chemical engineering and technology, and his team have come up with a membrane reformer prototype that can produce ultra-pure hydrogen from methanol. The team informed […]

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StoreDot Appoints Former BP Ventures’ David Gilmour as Chairman

StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces the appointment of London-based Dr. David Gilmour as Executive Chairman. Gilmour is the former Vice President of Business Development at bp and the former Global Head of bp Ventures. He has served on StoreDot’s Board of Directors since 2018. […]

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BSES Rajdhani Wins IGSF Gold Innovation Award for Rooftop Solar Automation

Power distributer BSES Rajdhani Power Limited (BRPL) has won the Gold Innovation award, presented by The India Smart Grid Forum (IGSF). The power distributor of over 2.4 million customers spread over 21 districts in South and West Delhi has won the award for automation of rooftop solar workflow in their territory. Interestingly, 3,000 customers out […]

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COGOS to Deploy 1000 EVs in its Logistics Fleet, Partners With Altigreen

Intra-city logistics company, COGOS has announced its partnership with Altigreen by deploying 1000 EVs in its fleet, a step to further strengthen its commitment towards electric mobility in the country.  The partnership has materialised at an opportune time as the budget 2021 and the later impositions of green tax and new scrap policy, extensively showed […]

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Sungrow Supplies 21 MWh Solar-plus-Storage Plant in Japan

Sungrow, a leading inverter solution supplier for renewables, has announced that a 21 MWh utility-scale solar-plus-storage project powered by the Company in Hokkaido, Japan, has been commercially operational since December 2020, demonstrating the continued efforts in maximising profit from solar energy and decarbonising the Japanese economy under the FiT incentives. The project occupies around 85 […]

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Ford Raises Investment in EV & AV Leadership Up To $29 Billion

US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […]

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