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EV Charging Startup Gets Backing of Siemens, Soros Fund Management

Electric Vehicle (EV) charging startup Amply Power has secured USD 13.2 million in Series A funding from investors including Siemens Financial Services and Soros Fund Management to advance its services for commercial fleets. The company, founded by serial entrepreneur Vic Shao, helps commercial fleet operators to go electric by providing EV charging infrastructure with fixed […]

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France Aiming for 1/3rd Renewable Energy Mix by 2030

France has recently submitted its final 2030 NECP to the EC, with an aim for 1/3rd renewable energy in its energy mix by 2030. France has recently submitted its final 2030 National Energy and Climate Plan (NECP) to the European Commission. The country will aim for 33 percent or 1/3rd renewable energy in its energy […]

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EESL Tenders for 19 Lakh LED Street Lights Under SLNP

EESL has issued a tender for the supply of 1.9 million or 19 lakh LED street lights and other related works across India under the SLNP. The Energy Efficiency Services Limited (EESL) has issued a tender for the supply of 1.9 million or 19 lakh LED street lights and other related works at Telangana Gram […]

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Pandemic to Hit Global EV Growth by 43% in 2020

Research firm Wood Mackenzie has released a report where it predicts a 43 percent contraction in the global EV industry by the end of 2020. For a sector that was just building up some serious momentum, the crisis couldn’t have come at a worse time. The big hope now is that government stimulus plans will […]

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ST Introduces New Devices in Motor Control System Family

French-Italian multinational electronics and semiconductor manufacturer STMicroelectronics has introduced four new devices in the STSPIN32F0 motor-control system-in-package family. It simplifies the design of mains-powered home appliances and industrial equipment including corded power tools, drives, pumps, fans, and compressors. The 250V STSPIN32F0251 and STSPIN32F0252, and 600V STSPIN32F0601 and STSPIN32F0602 combine three-phase gate drivers and an STM32F0 […]

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Toyota Launches Renewable Venture With Chubu Electric in Japan

Toyota has established Toyota Green Energy with Chubu Electric for the purposes of obtaining and managing renewable energy sources in Japan Toyota Motor Corporation has announced that it has concluded an agreement to establish Toyota Green Energy LLP with Chubu Electric Power and Toyota Tsusho Corporation, for the purposes of obtaining and managing renewable energy […]

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Europe’s Cheapest Corporate Solar and Wind PPAs in Spain, Sweden: BNEF

Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. Spain and Sweden respectively have the cheapest average corporate PPA prices in Europe for wind and solar electricity, according to a new survey. The BloombergNEF’s (BNEF) 1H 2020 European Corporate PPA Price […]

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BYD, Toyota Launch Joint Venture to Conduct Battery EV R&D

BYD and Toyota have announced the launch of their JV company to conduct research and development (R&D) of battery electric vehicles (BEVs) BYD Company Ltd and Toyota Motor Corporation have announced that preparations have proceeded since they signed an agreement for the establishment of a joint venture (JV) company to conduct research and development (R&D) […]

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Poor Infrastructure and The UK EV Market

The UK has until 2040 to phase out the production of new petrol-powered cars and focus its attention on the production of electric vehicles. However, electric vehicles are being purchased at a much faster rate than expected. If we continue to see year-on-year growth in the sale of electric vehicles, the UK can’t expect to […]

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