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Etrio Steps Into E4W Light Commercial Vehicle Segment

Hyderabad-based electric vehicle (EV) maker Etrio has announced that it is planning to step into the electric 4-wheeler (E4W) light commercial vehicle (LCV) segment along with plans to launch more electric 3-wheeler products. The EV maker also announced its entry into the B2C segment with a pan-India dealership network endeavouring to increase adoption of its []

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CESL to procure 300 Electric Vehicles from Tata Motors

CESL has placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL) placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles with 3 years of warranty.  []

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Schneider Electric Solar and Discover Battery Get UL 9540 Certification

Canada headquartered solar solutions provider, Schneider Electric Solar has announced getting UL 9540 Certification along with the batteries producer Discover Battery. Both the firms have got the certification for the safety standards of UL 9540 for energy storage systems (ESS) for Schneider Electrics XW Pro hybrid inverter and Discover Batterys Advanced Energy System (AES) LiFePO4 []

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Hitachi ABB Power Grids Provides Battery Storage Tech to Thailand

Switzerland-headquartered Hitachi ABB Power Grids Ltd. recently announced its selection by Impact Solar Limited, a subsidiary of Impact Solar Group, to provide Battery Energy Storage System (BESS) and controls technology to a smart industrial park project in Thailand, which is a part of the countrys largest private microgrid at Saha Industrial Park in Sriracha. Once commissioned, the park []

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India Needs Schemes that can support the market expansion, Stefan Louis, Nexcharge

Nexcharge, the Joint venture between Exide India and Leclanché, Switzerland, (Exide Leclanché Energy Private Limited) completes three years this year. Its been a period of major changes on the battery storage front, with Lithium Ion batteries finally given the importance they deserve, with support from both the official PLI schemes and a major push from []

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Swedish Company Exeger Raises USD 38 Million in Debt Financing

Swedens Exeger announced today that it has secured USD 20 million in debt financing from Swedbank and Swedish Export Credit Corporation (SEK). The company, which produces Powerfoyle, a unique solar cell technology that transforms all forms of light into clean, endless energy, has also secured USD 18 million through a directed share issue to Ilija Batljan []

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Vikram Solar Completes 85 MW Solar Plant for NTPC in Uttar Pradesh

Haryana-headquartered solar energy solutions provider Vikram Solar announced today the completion of an 85 MW solar plant project commissioned for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur, Uttar Pradesh. It forms part of the largest solar project in a single location in the state of Uttar Pradesh- with 225 MW capacity- of which []

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EnBW Financial Results Q1 2021: Earnings Decrease Temporarily

German electric utility company EnBW Energie Baden-Wuerttemberg AG (ETR:EBK), headquartered in Karlsruhe, yesterday released the financial results of the first quarter of 2021. The company said that due to temporary effects, it reported slightly lower first-quarter earnings in 2021 than in the previous year. This is expected to even out over the course of the []

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Electric Vehicles to Cost Less Than ICE Vehicles in EU by 2027: Report

Electric Vehicles will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest Electric Vehicles and vans will be cheaper to make than fossil-fuel vehicles in every light vehicle segment across Europe from 2027 at the latest, according to a new BloombergNEF study commissioned by Transport & []

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