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financing

Log9 Rebrands Its Mobility Arm As EV Asset Management Firm Amphion

Battery cell technology and EV Mobility Ecosystem products developer Log9 has announced the rebranding of its mobility business as Amphion, a full-stack EV asset management company. Amphion will help address critical challenges faced by the commercial electric vehicle (EV) industry, including financing, data & analytics, charging infrastructure, and energy efficiency. Its comprehensive suite of services […]

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TPSSL, Indian Bank Tie-Up To Support PM Surya Ghar Muft Bijli Yojana

Tata Power Solar Systems Limited (TPSSL), established its strategic partnership with the Indian Bank through which it aims to support solar rooftops adoption among residential consumers.  TPSSL a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) partnered with the Indian company to facilitate financing solutions under the popular Pradhan Mantri Surya Ghar Muft Bijli Yojana scheme. Through this partnership, […]

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India Overtakes China As Largest Three-Wheelers EV Market: IEA

International Energy Agency (IEA) in its ‘Global EV Outlook’ report found a rise in the global share of the three-wheeler (3W) market by 13% in 2023 to reach 4.5 million sales. The report found three-wheeler electric vehicles composed a 21% share compared to 18% in 2022. IEA report estimated that almost 1 million electric three-wheelers […]

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Ecofy & Vidyut To Offer Subscription-Based Battery-As-A-Service Model

Ecofy, a Non-Banking Financial Company (NBFC), and Vidyut, an EV ownership platform specialising in making electric three-wheeler acquisition more affordable have announced a partnership aimed at the electric vehicle market and sustainable transportation solutions. While Ecofy will finance the loan, Vidyut will offer a subscription-based battery-as-a-service model to ensure affordable EV solutions. Speaking on the […]

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Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet

Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […]

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US Announces $7 Billion Solar For All Program For Rooftop Solar

In an announcement on Earth Day (April 22nd) that will remind many of India’s very own almost $8 billion PM Suryaghar Yojana, the Biden Administration has announced a massive push for rooftop solar in the US. The program was kicked off with the U.S. Environmental Protection Agency announcing that 60 selectees will receive $7 billion […]

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Product Manager – Power Management

Foster synchronized deliveries with other teams, prioritizing harmony and avoiding disruptions. Lead the way in planning exercises every ten weeks, organizing team demos post-sprint, and orchestrating broader system demos at regular intervals. Maintain open and transparent communication with stakeholders, making sure they are well informed about deliverables and timelines. Collaborate closely with teams to define […]

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Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […]

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Everything You Wanted To Know About India’s Biggest Rooftop Solar Scheme

Made For, Of and By India One of the biggest aspects of the PM Surya Ghar Scheme is the focus on mass markets, by limiting subsidies to systems upto 3kW in size. It is also meant to be a catalyst for India’s domestic manufacturing base for solar equipment, which has struggled to counter Chinese imports […]

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