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Ukraine Receives Grant From Germany To Restore Energy Infra

Ministry of Energy of Ukraine has received a €45 million grant from Germany, to restore the energy sector after Russian attacks on energy infrastructure.  Volodymyr Kudrytskyi, Chairman of the Board of National Power Company Ukrenergo a state-owned company managed by the Ministry of Energy (NPC) Ukrenergo, signed a document authenticating the management decision taken by […]

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Ecofy & Vidyut To Offer Subscription-Based Battery-As-A-Service Model

Ecofy, a Non-Banking Financial Company (NBFC), and Vidyut, an EV ownership platform specialising in making electric three-wheeler acquisition more affordable have announced a partnership aimed at the electric vehicle market and sustainable transportation solutions. While Ecofy will finance the loan, Vidyut will offer a subscription-based battery-as-a-service model to ensure affordable EV solutions. Speaking on the […]

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News In Brief- Schneider World Tour, IG Drones, Vianode, StoreDot

Schneider Electric Begins Innovation Summit World Tour, Unveiling New Collaborations Energy management and automation company Schneider Electric has kicked off its Innovation Summit World Tour, regarding the need for immediate action and ongoing collaboration to accelerate the energy transition and tackle the climate crisis. “In the wake of record-breaking global warming reported in 2023, we’re […]

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JSW Renewable Energy Acquires 45 MW Maha Wind Farm From Reliance Power

JSW Renewable Energy, a subsidiary of JSW Neo Energy has acquired a 45 MW Vashpet wind project from Reliance Power in Maharashtra’s Sangli. The company announced the acquisition from Reliance Power and further said that the transaction has been executed as a going concern on a slump sale basis. JSW Energy aims to achieve 20 […]

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US Announces $6 Billion To Clean Heavy Industry Sector

The US Department of Energy (DOE) has announced up to $6 billion for 33 projects across more than 20 states to decarbonize energy-intensive industries, reduce industrial greenhouse gas emissions, support good-paying union jobs, revitalize industrial communities, and strengthen the nation’s manufacturing competitiveness. Funded by the President’s Bipartisan Infrastructure Law and Inflation Reduction Act, the projects […]

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As Sales Peak EPA Finalises New Pollution Standards For EVs In US

Biden-Harris Administration has finalised pollution standards for cars that position US companies and workers to lead towards a clean vehicle future, protect public health, address the climate crisis, and save drivers money. EPA has finalised this rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. The […]

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JSW, MG Motor JV Sets Target Of 1 Million EVs Sales For India By 2030

Mumbai-based steel producer JSW announced its collaboration with MG Motor a luxury SUV cars provider in India through a joint venture. This collaboration between MG Motor and JSW Group aims to sell one million electric vehicles in India by 2030 and capture a third of the market. The joint venture, according to the two businesses, […]

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Arevon Inks Deal With San Diego Community Power For Avocet Energy Storage

US-based renewable energy developer Arevon Energy has announced it has entered into a 15-year energy storage service agreement with San Diego Community Power (SDCP), California’s second-largest community choice aggregator, for the full capacity of the Avocet Energy Storage Project. The project is a 200-megawatt (MW)/800 megawatt-hours (MWh) stand-alone battery energy storage system (BESS) located in […]

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Korkia & Econous Green Energy Partner To Develop 600 MW Solar Power In Romania

Korkia and Romania-based renewable energy developer Econous Green Energy have set up a partnership to develop 600 MW of solar energy in Romania. Initial projects are expected to be licensed and ready for construction in 2025. According to a media statement by Korkia, 600 MW of photovoltaic capacity means approximately 780,000 MWh of electricity production, […]

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