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EDF Renewables, Wärtsilä to Develop 50 MW/100 MWh Energy Storage in UK

Finnish company which manufactures and services power sources Wärtsilä has announced that it has signed a contract with EDF Renewables UK and Ireland to deliver a new grid-scale energy storage facility in the United Kingdom. The storage system will be delivered in Sundon, Bedfordshire. The official statement of Wärtsilä held that the 50 MW/100 MWh []

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West Bengal Aims for 1000 E-Charging Stations in Next 2 Years

The West Bengal government said that it plans to install 1,000 EV charging stations within the next two years to promote the use of more environmentally friendly cars.  According to S Suresh Kumar, Additional Chief Secretary of Power, West Bengal, People arent purchasing EVs because of their expensive price and lack of charging infrastructure. We []

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EV 2W Firm BikeWo Launches New Showroom in Ahmedabad

The EV two-wheeler company BikeWo from Telangana will establish a presence in Gujarat by building its first showroom there on November 28, 2022. Nirmal Joshi, Bhupendra Singh Sisodia, the showrooms co-founders Vidhya Sagar Reddy and Saral Talwar, as well as other members of the companys top management, officially opened the new M/s Apna Motocorp BikeWo []

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Bengalurus SUN Mobility Looks Ahead With Fastest Charging Station in World

Investments in the EV sector are growing by the minute. In 2021, the sector saw investments worth $6 Bn. This number is expected to more than triple to $20 Bn by 2030. Against this backdrop, its no surprise that emobility firms are eyeing big projects and chasing gigantic targets. Bengalurus SUN Mobility, a leading provider []

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GEDA Floats Tender for Setting Up 40 Electric Vehicle Charging Stations

The commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various places around Goa are being solicited by the Goa Energy Development Agency (GEDA).  Through the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME II) program, the charging stations will be installed on a design, build, operate, finance, and transfer []

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Delta Has Delivered Over 1 Million EV Chargers Worldwide Since 2009

Founded in 2003, Delta Electronics India is among the leading power and energy management companies in the country. With operations in three business categories, namely power electronics, automation and infrastructure, the firm has made its presence felt across India with more than four manufacturing facilities, 200 channel partners and two R&D centres. Amit Gupta, Business []

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How E-Vehicles Are Contributing Towards Sustainable Development

By MS Chugh, Founder and Chairman, Aponyx EV With the rapid growth of environmental pollution and climate change, the need for innovative solutions and technologies has increased in several industries, including the automobile industry, since one of the primary sources of air pollution in cities is vehicle exhaust. The most significant advantage of electric vehicles []

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HDFC Bank to Make Significant Investments in EV Loans

Despite certain setbacks on the level of the auto industry, HDFC Bank is seeking to triple its financing for electric vehicle (EV) purchases in the next three years. This is due to an early assessment that lending is proving to be profitable. The banking institution aims to triple the ebook dimension by 2025 after initially []

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EV Startup Chargeup Raises $7 Million in Pre-Series A1 Round

Chargeup, a battery-swapping firm based in Delhi and an Indian FinTech (Finance-Network-Technology Platform) platform, has secured $7 million in a Pre-Series A1 investment. Along with other notable investors like Ekta Kapoor, Sunil Kalra, and Sachin Mehra, it was co-led by Capital-A and Anicut Capital. By lending loans to Chargeup, Jiraaf, a platform for high-yield alternative []

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