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e-Rise Enters Indian Electric Vehicles Market; Produce 30,000 Units A Year

Electric vehicle manufacturer eRise – Drive Electric has announced its entry into the Indian markets. eRise makes long range, high performance electric two-wheelers built specifically for Indian road conditions. It’s the automotive arm of KL Group. eRise intends to launch three low speed electric scooters immediately and two high speed vehicles in the coming 3 […]

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HOP Electric Receives Strong Response Before Commercial Launch

Jaipur-based electric vehicle ecosystem company, HOP Electric claim that they have received a strong response for its HOP OXO high-speed electric bike . The bike is being released in August only. The first production batch’s pre-order window briefly opened for dealer partners of HOP Electric Mobility. HOP electric claims that even before the product’s official […]

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US Developer Longroad in $500 Million Equity Deal With MEAG

US renewable energy developer Longroad Energy Holdings, LLC (“Longroad”) has announced a $500 million equity investment by MEAG, acting as asset management arm for entities of Munich Re, alongside two of the company’s existing investors, the NZ Super Fund and Infratil, a listed entity managed by Morrison & Co.  The investment will support Longroad’s strategic shift from […]

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Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer

Japanese conglomerates Toyota Motor Corp and Panasonic Corp have announced that their joint battery venture will buy lithium from the Rhyolite Ridge mining project of ioneer Ltd. The resource will then be employed to manufacture electric vehicle batteries in the United States. The new entity is called Prime Planet Energy & Solutions (PPES). Australia based […]

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ReNew Power Will Invest $8 Billion In Green Hydrogen in Egypt

Gurugram based ReNew Power has signed a Memorandum of Understanding (MoU) with the Egyptian government for the development of projects in Egypt for the production of green fuels. The General Authority for Suez Canal Economic Zone (SCZONE), the Sovereign Fund of Egypt (TSFE), the Egyptian Electricity Transmission Company (EETC) and the New and Renewable Energy […]

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Jiangxi Jinko Announces Proposed Issuance Of Convertible Bonds

Jinko Solar Holding Co. Ltd., among the largest solar module manufacturers globally, has revealed that Jinko Solar Co., Ltd., its principal operating subsidiary, is looking to issue convertible bonds in the principal amount of up to RMB10 billion. To be listed on the Shanghai Stock Exchange’s Sci-Tech Innovation Board, the Convertible Bonds will have a term […]

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First Offshore Wind Farm Order In Japan Goes To Siemens Gamesa

Global RE conglomerate, Siemens Gamesa Renewable Energy has announced that it has received an order for the 112 MW Ishikari offshore wind power project from Green Power Investment. This project is the first firm offshore order in Japan for offshore wind turbines maker. The official statement of Siemens Gamesa said that the order includes 14 […]

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NTPC Q1 Results, Revenues up 43% YoY, Profits up 15%

NTPC Limited, India’s largest power generator and the engine of it’s future renewable growth plans, has reported results for the Q1 of FY 23. The consolidated results have come out with a strong topline growth in revenues, even as profit growth was somewhat muted, due to the impact of higher input costs, especially coal.  At […]

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Omega Seiki Mobility & Log9 Launch E-Three Wheeler

Electric Vehicle manufacturer Omega Seiki Mobility and Bengaluru based battery maker Log9 Materials have unveiled the longer-range version of Rage+ electric 3-wheeler called ‘Rage+ RapidEV Pro’. The e-vehicle has been developed by the two players jointly. The Rage+ RapidEV Pro, available in two variants with different cargo body volumes, comes with the RapidX 8000 battery […]

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