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Mercedes Benz Acquires Stake in Battery Cell Manufacturer Farasis

Mercedes-Benz has formed a strategic partnership with the Chinese battery cell manufacturer Farasis and is also taking an equity stake in the company. Mercedes-Benz has announced it is taking another important step on its journey towards CO2-neutral mobility. The Stuttgart-based luxury car manufacturer has launched a far-reaching strategic partnership with the Chinese battery cell manufacturer []

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Yulu Secures Rs 30 Crore Funding Led by VC Firm Rocketship

EV micro-mobility service provider Yulu has secured a fresh infusion of Rs 30 crores in equity funding led by US-based Rocketship and existing investors. Electric micro-mobility service provider Yulu recently announced that it has secured a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment received during the COVID-19 crisis, []

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EMT and Iberdrolas i-DE Agree to Electrify Madrids Urban Bus Network

EMT and i-DE, Iberdrolas electrical distribution company, have agreed to work together on the electrification of the urban bus network in Madrid. The Madrid Municipal Transport Company (EMT) and i-DE, Iberdrolas electrical distribution company, have agreed to work together on the electrification of the urban bus network in the city of Madrid, with the aim of consolidating []

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EESL Tenders for Supply of 250 Electric Vehicles Under ADB Financing

The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 250 electric vehicles. The vehicles will be procured in two categories the first lot []

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Rs 90,000 Crore Relief Package for Discoms a Non-Starter

The Rs 90,000 crore relief package for Discoms has been a non-starter as state governments are reluctant to extend guarantees on loans given to such Discoms The Union governments ambitious Rs 90,000 crore relief package plan to inject liquidity for electricity distribution companies (Discoms) has been a non-starter as state governments are reluctant to extend []

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MacroBoom Portable Solar Speakers

PRODUCT BRIEF: The MacroBoom Speakers are the combination of durability and power, solar charging and solid audio quality in a portable speaker. The product has been proven to survive helicopter drops from 10,000 ft and fast moving rivers. PRODUCT FEATURES: These highly portable, solar charging, IP67 water and dust proof, shockproof, daisy-chaining, bike/ surf/sky-mountable bluetooth []

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OUTXE W20 Solar Power Bank

PRODUCT BRIEF: The Outxe W20 is designed to be the best outdoor power bank for modern travelers. The manufacturer claims that the product takes 6.5 hours to fully charge through an AC source, however, it also has a solar panel on the backside, acting as an emergency backup once your power bank is running out []

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Xcel Energy Proposes $3 Bn in Energy Investments in Minnesota

Minneapolis based Utility Xcel Energy has announced its proposal for one of the largest packages of energy investments in Minnesota Xcel Energy, a utility holding company serving more than 3.3 million electric customers, has announced its proposal for the one of the largest packages of energy investments in Minnesotas history, as part of its response []

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EESL Plans to Invest £150 Mn in UK and Ireland Power Market in 2020

EESL has plans to invest around GBP 150 million over the course of this year in the UK and Ireland market, as part of its UK JV EnergyPro Assets Limited Indias Energy Efficiency Services Limited (EESL), a joint venture of PSUs under the Ministry of Power, has plans to invest around GBP 150 million over the []

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