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Arcelor Mittal, Greenko In $600 million deal for 975 MW RTC power

In one of the largest corporate deals to mitigate carbon emissions in India, metals major ArcelorMittal has announced it will invest $600 million (Over Rs 4500 crores) to develop, in partnership with Hyderabad based Greenko Group, a 975-MW ‘round the clock’ renewable energy project in Andhra Pradesh. ArcelorMittal had declared plans to foray into green […]

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Tamil Nadu Reclaims No. 1 Spot for Renewable Energy

Tamil Nadu has recently made it to the top of the list of Indian states ranked as per their overall installed renewable energy capacity, seizing the position from Karnataka. Interestingly, the latter toppled Tamil Nadu in 2018 to become the leader in total installed capacity in the clean energy sector, following big capacity additions in […]

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Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025

Japan’s leading automaker and Indian market leader  Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […]

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As Global Rooftop Solar Booms, India Goes Missing

Energy research and business intelligence firm Rystad Energy has released a new report on global rooftop solar installations. The firm predicts that rooftop solar PV installations are set to surge in the next three years, with total capacity reaching 94.7 gigawatts (GW) by 2025. This growth reflects the broader solar market, which has been on […]

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The Top 5: India’s Leading-Battery Makers and Their EV battery Plans

In the changing global scenario of battery usage technology, it is worthwhile to observe how India’s Leading-Battery Makers cater to the requirements, and what their EV battery plans are. The stored-energy needs worldwide have increased with the emergence of the EV segment as a substitute to conventional ICE. With that, the demand for better batteries […]

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The Top 5: EV Battery Manufacturers in the World

Advances in electric vehicle (EV) batteries and their associated technologies are finally attracting the interest of individuals to purchase EVs, contributing to the growth of EV batteries. The top EV Battery Manufacturers in the World are the frontline contributors to the growth of the industry. The scale of production forms a litmus test about market […]

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First Solar Q4 FY21 financial results: net sales jump 50%

US solar panel manufacturer First Solar has announced its financial results for the fourth quarter and year ended December 31, 2021, reporting net sales worth $0.9 billion for the fourth quarter, an increase of $0.3 billion from the prior quarter. This 50% increase was primarily a result of international project sales and increased module sales in […]

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The World’s Top 5 Automakers and their EV plans

The global automotive market is pushing for electric mobility at record rates. In a world there are literally hundreds of start-up automotive firms promoting electric mobility solutions, the electric plans of the world’s top 5 automakers deserve special focus. The automobile, since its inception in 1885 by German engineer Carl Benz, has certainly taken the […]

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Envision AESC to produce EV batteries that run 1000 km from single charge

Leading Japan headquartered  electric vehicles’ battery manufacturer Envision AESC Group is working on a battery for the EV segment that can run a  1,000 km on a single charge. Envision AESC Group is jointly owned by Envision Group and Nissan. It has been learnt that the company will begin production of the new battery technology […]

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