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EV Ride Hailing Platform BluSmart Raises $7 mn in Funding

Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. Electric ride-hailing platform BluSmart has announced that it has raised USD 7 million (Rs ~51 crore) in funding from multiple investors. The funding round included investors like Inflection Point Ventures, Venture Catalysts, Survam Partners, Mumbai Angels, Chhatisgarh Investments Ltd, JITO Angels, […]

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DERC Cuts Fixed Charge for Unutilised Capacity by C&I Segment

In a relief to C&I consumers, DERC has slashed fixed charges for unutilised capacity of sanctioned load by Rs 125 for the lockdown months of April and May In a relief to industrial and commercial (C&I) consumers, power regulator Delhi Electricity Regulatory Commission (DERC) has ordered for the slashing of fixed charges for unutilised capacity […]

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First World Solar Technology Summit Kicks Off Today

The ISA (International Solar Alliance) organised first World Solar Technology Summit will start off today. The event, which has taken a virtual avatar due to the Covid pandemic, will be managed out of Delhi. Over 26,000 ‘participants’ from 149 countries had registered for the summit till yesterday. A key highlight is the launch of an […]

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Centre Planning EV Charging Points at 69K Petrol Pumps Across India

The government is mulling setting up at least one EV charging kiosk each at nearly 69,000 petrol pumps across the country to boost e-mobility. The government is mulling setting up at least one electric vehicle (EV) charging kiosk each at nearly 69,000 petrol pumps across the country to induce people to go for electric mobility. Besides, the government is also thinking of making it compulsory to […]

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US Energy Storage Market Sets Record for Deployments in Q2: WoodMac

The US energy storage sector saw its strongest Q2 on record for deployments, according to Wood Mackenzie and the US ESA’s latest report The United States energy storage sector saw its strongest second quarter on record for deployments. According to Wood Mackenzie and the U.S. Energy Storage Association’s (ESA) latest ‘US Energy Storage Monitor’ report, […]

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GreenCell Bags First Electric Bus Contract From RSRTC

The first electric bus contract from Rajasthan State Road Transport Corporation (RSRTC) has been bagged by GreenCell Mobility Private Limited.  This contract is awarded under the Government of India’s Faster Adoption and Manufacturing of Electric Vehicles (FAME-II) scheme for procurement of inter-city electric buses. According to GreenCell, the buses in this case will travel 600 […]

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BAT Planning Solar Plant in Bangladesh; Boond Solar Awarded Contract

British American Tobacco (BAT) has contracted Boond Engineering Bangladesh (Boond Solar) to develop a 1.75 MW solar project in its premises in Bangladesh British American Tobacco (BAT), a British Multinational established in 1902 and the largest manufacturer of cigarettes worldwide, is planning to set up a solar power plant in its premises in Bangladesh. To […]

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After Gurugram, E-bike Startup Yulu Starts Operations in Mumbai

Yulu as part of its MoU with MMRDA on January 31, 2020, is providing a total of 500 e-bikes at 25 different locations across Mumbai. Bengaluru-based electric bike-sharing platform Yulu has started its services in and around BKC, and Bandra East and Kurla stations in Mumbai. Backed by Bajaj Auto, the two-year-old startup had entered […]

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The Triple Challenge Dragging Down Solar In India

On August 21, the Central Electricity Authority (CEA), the premier national body tasked with laying down the roadmap to power for all citizens, and the policy interventions to get there, released a report on India’s solar and wind sector. Titled simply as “ Report of Under Construction Renewable Energy Projects”, the bland title laid bare […]

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