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HOP Electric Receives Strong Response Before Commercial Launch

Jaipur-based electric vehicle ecosystem company, HOP Electric claim that they have received a strong response for its HOP OXO high-speed electric bike . The bike is being released in August only. The first production batchs pre-order window briefly opened for dealer partners of HOP Electric Mobility. HOP electric claims that even before the products official []

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US Developer Longroad in $500 Million Equity Deal With MEAG

US renewable energy developer Longroad Energy Holdings, LLC (Longroad) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the companys existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co.  The investment will support Longroads strategic shift from []

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Shocking To See How The Small-Scale, Decentralized Rooftop Solar Market Was Ignored

Pyse is a web-based investment platform that allows retail investors to invest their savings in sustainable projects that create social and environmental impact. The company is helmed by two young entrepreneurs Kaustubh Padakannaya and Vinay Mantha, who are using their tech background to solve climate change. Kaustubh Padakannaya is an impact-focused entrepreneur that works at []

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MNRE Floats EOI for 50 Innovative Solar Pumps Under PM-KUSUM

Continuing with its efforts to encourage innovation in the solar pumps industry, the Ministry of New and Renewable Energy (MNRE) has published an expression of interest (EoI)inviting innovators to demonstrate their inventions. Under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyaan (PM-KUSUM) program, the Ministry of New and Renewable Energy (MNRE) has invited bids []

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Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer

Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based []

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UKs Foresight Solar Fund Forays Into Battery Storage; Takes 50% stake in SBSL

Renewable energy player, Foresight Solar Fund Limited, has acquired stakes in Sandridge Battery Storage project after it has acquired 50 per cent equity in Sandridge Battery Storage Limited (SBSL), the company is developing and constructing a large  energy storage facility in UK. The facility is a 50 MW lithium-ion battery energy storage system based in []

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REMCL, TERI To Collaborate To Meet Renewable Targets

The Energy and Resources Institute (TERI) and the REMC Limited, a joint venture of Ministry of Railways and RITES Limited, have signed a Memorandum of Understanding (MoU) to collaborate on capacity building and development of renewable energy projects for the Indian Railways in New Delhi on Monday. The two organizations aim to collaborate on areas []

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Second-Life Lithium Battery Storage Repurposing Is a Huge Opportunity

BATX energies is one of those companies which are truly a product of the times. Set up as a lithium recycling startup by co-founders barely out of college, the firm is firmly focused on the circular economy, as the energy transition gathers space. In the news recently for a fund raise, we caught up with []

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Iberdrola and bp To Partner For EV Charging Infra, Green Hydrogen In Europe

In a major announcement, global energy players Iberdrola and bp have revealed that they will form a strategic collaboration to help accelerate the energy transition. Together, the companies intend to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles. The two will also develop large scale green hydrogen []

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