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EV Charging Startup Gets Backing of Siemens, Soros Fund Management

Electric Vehicle (EV) charging startup Amply Power has secured USD 13.2 million in Series A funding from investors including Siemens Financial Services and Soros Fund Management to advance its services for commercial fleets. The company, founded by serial entrepreneur Vic Shao, helps commercial fleet operators to go electric by providing EV charging infrastructure with fixed […]

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New EVs Ordinance Makes Chicago National Leader

Chicago recently joined a small circle of US cities that are pioneering policies to prepare for the projected growth in EVs The City of Chicago in Illinois recently joined a small circle of US cities that are pioneering policies to prepare for the projected growth in electric vehicles (EVs), as the City Council passed an […]

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BYD & Hino Alliance to Focus on Commercial EVs Development

BYD and Hino Motors have announced a new strategic business alliance agreement with a focus on collaborating in commercial battery EVs development. BYD Company Ltd and Hino Motors have announced the signing of a strategic business alliance agreement with a focus on collaborating in commercial battery electric vehicles (EVs) development. The two companies through the […]

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Our Door is Open for All Kinds of Technologies: Dinesh Jagdale

BY emphasizing on the use of clean energy, Ministry of New and Renewable Energy (MNRE), Joint Secretary, Dinesh Jagdale said that India’s door is open for all kinds of technologies and we have to move from Power to Energy. While speaking at the web conference, Jagdale said that “MNRE is promoting and leading a conducive […]

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EDF to Develop Integrated Solar, Storage and EV System for Cubic Corp

EDF will design, build, own and operate an integrated energy system consisting of solar, storage and EV charging stations at no up-front costs for Cubic EDF Renewables North America has announced that it has finalised an agreement with Cubic Corporation to design, build, own and operate an integrated energy system consisting of solar, storage and […]

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The Woodmac Weekly Update on Renewable Energy Worldwide

In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […]

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Subsidies for Renewables in India Dropped 35% From FY17 to FY19: Report

According to a new study, the renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent. The renewables subsidies in India fell 35 percent from FY17 to FY19, while its oil and gas subsidies increased by 65 percent according to a new study entitled […]

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WoodMac’s Weekly Roundup: Covid-19 Impact on Power, RE Industry Globally

One of the leading research and consultancy group, Wood Mackenzie (WoodMac) has provided its weekly analysis on the impact of coronavirus on the power and renewable energy industry globally. As per the report preliminary findings, solar and storage are expected to see ~20 percent coronavirus impact as compared to the base case. Whereas onshore wind […]

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Lockdown Extension to Have Adverse Impact on EV Sector: SMEV

SMEV has said the lockdown extension is the right move, however, there will be an adverse impact on the operations of its members for the next 1-2 months. The Society of Manufacturers of Electric Vehicles (SMEV) has said that the extension of the lockdown is the right move in the circumstances, however, there will be […]

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