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Euler Motors Announces Entry Of Its First Commercial 4-Wheeler EV

Euler Motors, a commercial electric vehicle manufacturer, has announced its entry into the small commercial vehicle (SCV) segment, with its first 4-wheeler that will offer 1000+ kgs payload. Planned for launch in the upcoming festive season. Euler Motors’ new SCV will be designed to meet the growing demand for cost-effective, and high-performance inter-and intra-city transportation […]

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SUN Mobility, Tata Motors Tieup To Boost EV Expansion

SUN Mobility, a sustainable energy solutions company announced the launch of retrofit kits for Tata ACE vehicles, in collaboration with Bluwheelz. This initiative aims to revolutionize the logistics sector by enabling fleet operators to convert their existing Tata ACE internal combustion engines (ICE) or fixed battery vehicles to swappable electric vehicles (EVs) equipped with SUN […]

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Sungrow Delivers First BESS PowerTitan 2.0 Units in Europe

Global energy storage solutions company Sungrow announced the first delivery of the cutting-edge Battery Energy Storage System (BESS), the PowerTitan 2.0 units in Europe. A total of 66 units have arrived in the UK, marking a new beginning in the Bramley 100MW / 330MWh project by Penso Power and BW ESS. The delivery comes less […]

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Neuron Energy Secures Rs. 20 Cr In Series A Funding

Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […]

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Will Europe Give In To Rising Dominance of China in Global Wind Energy?

Wind energy is arguably the second most impactful industry in the global renewable world, after solar. The sector continued its impressive growth in 2023, setting a new record for global new wind turbine installations, 34 per cent higher than in 2022. The world installed added over 116 Gigawatt (GW) of new wind capacity during the […]

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SolarPower Europe Sets Unified Cybersecurity Standards For PV

Digitalization in the energy sector offers significant opportunities for Europe. It can enhance power plant efficiency and provide flexibility in managing decentralized energy resources. According to SolarPower Europe’s recent report, digital flexibility solutions could potentially save 32 billion EUR by 2030 and 160 billion EUR by 2040. The report aims to establish a unified cybersecurity […]

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Battery Recycling Can Slash EV Battery Cost By €3,000 In Europe, Says Report

A recent report by Deloitte hinted at new opportunities in slashing electric car battery costs by up to €3,000 by roping in EV battery recycling techniques. It suggested that the adoption of a redesigned approach, spanning the entire product lifecycle is expected to bring the cost down while revenue is expected to see an increase […]

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REC Gets $200 Mn Loan From Deutsche Bank To Finance RE Projects

REC recently secured a green loan of JPY 31.96 billion which is equivalent to $200 million to finance green projects in India. The green loan transaction was conducted by Deutsche Bank AG, through its GIFT City branch. For REC, the public financial institution, the facility is also positioned as one of the first JPY-denominated green […]

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Australia’s ARENA Announces $100 Million Solar ScaleUp Challenge

The Australian Renewable Energy Agency (ARENA) has launched the global Solar ScaleUp Challenge. With an aim to identify solar innovations that can bring down costs and deliver solar faster, shortlisted submissions could gain access to a total pool of up to AU $100 million (INR 550 crores) in grant funding from ARENA. Final submissions close on 14 August 2024. […]

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