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EV Maker VinFast Steps Into Global Electric Charging Sector

Electric Vehicle (EV) manufacturer VinFast announced the establishment of V-Green Global Charging Station Development Company (V-Green). According to a media release, VinFast launched the EV charging company to develop a comprehensive charging infrastructure system that prioritizes supporting VinFast vehicles. Spun off from VinFast charging station development division, V-Green, majority-owned by Mr. Pham with a 90% […]

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Germany-based RWE Begins Building 330 MW UK Solar Projects

Germany-based clean energy company RWE has initiated work related to seven projects, representing 330 megawatts (MW) of new, clean electricity capacity, now entering construction in the United Kingdom. The projects are the first to be constructed from the solar portfolio secured by RWE through its acquisition of JBM Solar, one of the UK’s largest independent […]

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Central Government Approves New E-Vehicle Policy Focused On Domestic Manufacturing

Centre today approved a policy regarding investments for manufacturing e-vehicles in India. The Central government said that the scheme is meant to promote India as a manufacturing destination so that e-vehicles with the latest technology can be manufactured in the country. The policy is designed to attract investments in the e-vehicle space by reputed global […]

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Hyundai, Kia To Recall 1,70,000 EVs Over Software Issue In South Korea: Report

Hyundai Motor Co and sister company Kia Corp have announced that they will recall about 170,000 electric vehicles (EVs) in South Korea over problems with software in the charging systems, reported news agency Reuters quoting South Korea’s transport ministry. “Hyundai Motor and Kia will take prompt actions to prevent customer inconvenience and will continue to […]

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E-2W, 3W To Witness Increase Uptake Despite FAME-II Subsidy Reduction: ICRA

India-based investment information and credit rating agency (ICRA) estimated a surge in Indian electric two-wheeler e-2w, and e-3w three-wheeler (excluding e-rickshaws) penetration levels can reach 6-8% and 14-16% respectively in FY2025. The company opined that the government Electric Mobility Promotion Scheme 2024 is a timely move to support the adoption of electric vehicles (EV) in […]

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Canada-Based Brookfield Asset Management Commissions Solar Plant In Bikaner

Canadian investment firm Brookfield Asset Management announced the commissioning of the first phase of a solar energy project in Bikaner, Rajasthan. “This marks a significant milestone in the development of what is poised to be India’s largest renewable energy park with inter-state transmission system connectivity,” stated the company in its media statement. The first phase […]

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IndiGrid Wins 360 MWh BESS Project In Gujarat Awarded By GUVNL

Mumbai-based IndiGrid, an Indian power sector infrastructure investment trust (InvIT), recently announced that it has received a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Limited (GUVNL). IndiGrid received this letter to design, supply, test, install, commission, operate, and maintain a 180 MW / 360 MWh Battery Energy Storage System project (BESS) in Gujarat. […]

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Schneider Electric Appoints Arvind Kakru As Vice President of Industrial Automation

Schneider Electric has appointed Arvind Kakru as the Vice President of Industrial Automation for Greater India Zone. According to a media statement by Schneider. Arvind has over 28 years of extensive experience, having demonstrated strong fiscal, strategic, and operational leadership throughout his career. At Schneider Electric, he will lead the Industrial Automation, Process Automation, and […]

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