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Mahindra Susten and Mitsui to Co-Develop Solar Plants in India

Mahindra Susten and Mitsui have announced plans to co-develop and operate solar power projects in India. Mahindra Susten, the renewable energy arm of the Mahindra group, has announced entering into a partnership with Japan-based Mitsui & Co to jointly develop and operate solar power generation projects in India. A player in the Indian solar energy []

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IIT-Delhi In Search of Foreign Scientists for EV Research Centre CART

IIT-Delhi is on the lookout for international experts in the field of electric vehicles to boost its Centre for Automotive Research and Tribology (CART). V Ramgopal Rao, IIT-Delhi director, said they are eyeing to recruit professionals from countries like the US in the newly-formed department along with industry experts. According to him, a team will []

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Foray into RE and EV Segments Yields 50% Jump in Net Profits For BHEL

The company posted a 50.7 percent jump in net profits for the year ending March 31, 2019. The largest power equipment manufacturer in the country, state-owned Bharat Heavy Electrical Ltd. (BHEL) recently released its financial results for the financial year 2018-19. The company posted a 50.7 percent jump in net profits for the year ending []

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IRENA Report on Smart Charging

This outlook from the International Renewable Energy Agency (IRENA) shows how policy and technological breakthroughs can advance the development of this key enabling technology for renewables. Through smart charging, EV batteries can help to integrate high shares of solar and wind power into existing grids, as battery storage capacity helps to even out the variability []

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Ather Energy Begins Deployment of Fast Charging Network in Chennai

The fast charging network can be used by all electric two-wheelers and four-wheelers and this facility is being offered free of charge till the end of the year by the Bangaluru startup. Ather Energy has announced the installation of their fast-charging network, Ather Grid in Chennai. The city will see 50 55 such points []

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Solar power, EVs Become Top Attractions in India Fund Fest

The selection of these startups was made by an eminent jury and through a proprietary Investor Readiness Report process, ensuring the companies are thoroughly vetted After two successful editions of India Fund Fest, the third edition amassed 25 Crores on its first day. The contestants of the India Fund Fest range from product designers or []

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Ratan Tata Invests in Ola Electric Mobility, Backs Ambition to Scale EVs in India

Ratan Tatas investment in Ola Electric is being seen as an endorsement of the companys approach to developing an electric mobility ecosystem, including innovations in charging infrastructure, swapping models, and market-appropriate products. Ola Electric Mobility has announced that Ratan Tata, Chairman Emeritus of Tata Sons, has invested in the company as part of its Series A []

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Stable Prices for Lithium Could be Good News for Indias EV dreams

From predictions of prices that would slow down battery development in 2016, to the reality of an almost 50% price drop in 2018, Lithium has been too volatile for comfort. The good news is, the prized metal, on which many EV plans hinge, might just be settling in for a period of stability. Lithium, ever []

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NITI Aayog Asks Oil Ministry To Help Install EV Chargers at Petrol Pumps

NITI Aayog has directed the Petroleum Ministry to install EV charging infrastructure on 1000 petrol pumps The think-tank, NITI Aayog has asked the Petroleum ministry to help set up electric vehicle (EV) charging infrastructure at 1,000 petrol stations across the country. The industry executives, however, have doubts over the plan and say the move requires []

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