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MNRE Formalises Amendments to RTC RE Power Procurement Guidelines

MNRE has passed amendments to the guidelines for procurement of RTC RE power, complemented with power from any other source or storage. The Ministry of New and Renewable Energy (MNRE), in a Gazetted notification, has passed a resolution with the amendments to the guidelines for tariff-based competitive bidding process for procurement of Round-The-Clock (RTC) power […]

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Rs 212 Cr Released Under FAME-II for Electric Buses: Javadekar

As of January 31, nearly Rs 212 crore has been released for the procurement of electric buses under the FAME II scheme, Prakash Javadekar informed the parliament. As of January 31, 2021, nearly Rs 212.31 crore has been released for the procurement of electric buses under the second phase of the FAME-India (FAME II) scheme, Heavy […]

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GreenCell to Invest 400 Cr for Deployment of 350 E-buses in UP

GreenCell Mobility, backed by EverSource Capital, has announced on Thursday, that it is going to invest Rs. 400 crores in a consortium of PMI Electro Mobility Solutions, including the acquisition of 49 percent stake, for deploying 350 electric buses (e-buses) across Uttar Pradesh. Electric mobility solutions provider, GreenCell claims that it has acquired stakes in […]

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Palantir & bp Deepen Partnership, Accelerate Energy Transition

Palantir Technologies Inc. and bp have extended their partnership to support bp as it works towards its ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. Palantir will provide its software to bp at the enterprise level, with global deployment across the organization in […]

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Australian Government Rules Out Electric Vehicle Subsidies From ‘Future Fuel Strategy’

The Australian government has released a ‘Future Fuel Strategy’ paper, which states that the government will not provide subsidies to spur faster growth of cleaner cars (electric vehicles). It does not include policies that can make buying electric vehicles (EVs) affordable, as some other countries have announced. Rather, the government proposed to invest in electric […]

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1 in 6 Passenger Cars Registered in EU in Q4 was Electrically-Chargeable

In Q4 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). In the fourth quarter (Q4) of 2020, nearly one in six passenger cars registered in the European Union (EU) was an electrically-chargeable vehicle (16.5 percent). Stimulus packages introduced by governments to boost demand, following […]

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TVS Motors Launches iQube, its Electric Scooter in Delhi

Indian multinational motorcycle company, TVS Motors has yesterday launched its iQube electric scooter in Delhi, with an on-road price of Rs.1,15,000. After Delhi government’s ‘Switch Delhi’ campaign, the price may fall to 1,08,012. The TVS iQube comes with 3 Li-ion battery packs, supported with dedicated BMS and a 3 years warranty. It charges for two […]

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MNRE Halves Inspection fee for Solar Manufacturing Capacity upto 50 MW

MNRE has revised the inspection fee for solar manufacturing capacity upto 50 MW to Rs 2.5 lakh from the existing Rs 5 lakh The Ministry of New and Renewable Energy (MNRE) has notified that under its guidelines for the enlistment under its order for “Approved Models and Manufacture of Solar PV modules (Requirement for Compulsory […]

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TANGEDCO Tenders for 500 MW Solar Projects Under KUSUM Scheme in TN

TANGEDCO has tendered for 1 MW to 2 MW solar projects for a cumulative 500 MW capacity under Component- A of the PM KUSUM scheme in Tamil Nadu. The Tamil Nadu Generation and Distribution Company (TANGEDCO) has issued a tender, seeking bids from eligible bidders for setting up of solar power projects of capacity 1 […]

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