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Hindustan Power Exchange Gets CERC Nod For India’s Third Power Trading Exchange

The start of operations at India’s third power exchange, Hindustan Power Exchange (HPX) looks imminent, with final approval from the regulator, the Central Electricity Regulatory Commission (CERC) on June 27. CERC’s approval was under Regulation 28 of Central Electricity Regulatory Commission (Power Market) Regulations 2021 for approval of the technology to be used by the […]

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The Top 5: If Picking An EV Truck, Make It One OF These

Electric mobility has emerged as the most promising alternative to conventional ICE vehicles. The global automotive market is pushing for electric mobility at record rates The electric vehicle is clearly influencing two-wheeler and four-wheeler markets while having already made a significant impact on three-wheelers. Similarly, EV pickup trucks has also not remained a novel concept […]

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Battery Smart Raises $25 Million Funding Led by Tiger Global

Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global.  Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […]

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Battery Swapping Primer: A Viable Alternative to Charging Stations

Battery swapping can be a game-changer, bringing the world a few steps closer to electric vehicles. It has the potential to enhance the attractiveness of electric mobility by addressing both the early market purchase price disparities with conventional vehicles and, importantly, the recharging time challenges of electric vehicles (EVs). A swap station offers a fully […]

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Global Investment On Energy To Increase By 8% In 2022: IEA

The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […]

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EVTRIC Motors Promises 110 km On A Single Charge For Its E-Bike

EVTRIC Motors, an electric vehicle manufacturer based out of Pune, has announced the release of its first motorcycle – EVTRIC Rise – in the country which is priced at Rs 1.60 lakh. EVTRIC Motors has opened bookings for the newly launched electric motorcycle which requires a  deposit of Rs 5,000. The EVTRIC Rise was launched […]

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State Of Offshore Wind Power in India

The Indian renewable energy sector has grown at a compounded annual growth rate of over 15.50 per cent in the last five years, with wind sector growth at about 8 per cent. India’s energy use is slated to grow by 3% per annum up to 2040. All this, even as the country has committed to […]

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EV Rental Firm Bounce And Howdyy Plan To Deploy 10,000 e-Scooters

Howdyy and EV rental firm Bounce Share have rolled out their plans to deploy over 10,000 e-scooters in the next two years. A joint statement released by both the companies on June 21 reads that the deployment of vehicles will spread across the metropolis like Bengaluru, Mumbai, Pune, Chennai, and Hyderabad, leaving the national capital […]

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India’s Renewable Energy Auctions To Retain Interest Of Large Developers-IEEFA

A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) says that large developers in the renewable energy sector have enough options to boost returns even as challenges mount and will fight aggressively in the various auctions scheduled in 2022 in India. The report comes even as the industry is going through […]

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