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Ideanomics Acquires Wireless Charging Provider WAVE, Signs a Definitive Agreement

New York based Ideanomics has announced the 100 percent acquisition of private wireless charger provider for heavy-duty electric vehicles (EVs), Wireless Advanced Vehicle Electrification (WAVE), Inc. The acquisition has been done by considering cash and stock, and the material terms which are disclosed in the Company’s related 8-K filing. While Roth Capital Partners acted as […]

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Hero Future Energies Appoints Srivatsan Iyer as Global CEO

Hero Future Energies, the renewable arm of Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Hero Future Energies (HFE), the renewable arm of the Hero Group, has announced the appointment of Srivatsan Iyer as its global Chief Executive Officer. Srivatsan will be taking over from industry veteran Sunil […]

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Logistics Startup City Link Launches Electric Cargo Vehicles in Bangalore

City Link has received the delivery of the first set of Electric Cargo Vehicles from Mahindra & Mahindra in Bangalore Bangalore-based intra-city Logistics startup – City Link Portal has received the delivery of the first set of Electric Cargo Vehicles (EV) from Mahindra & Mahindra. Being the first company in Bangalore to receive the ‘Mahindra […]

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Siemens Gamesa Seals 100 MW Wind Project, First in Ethiopia

Siemens Gamesa has signed its first wind power project in Ethiopia and will provide full EPC services for the 100 MW project. Siemens Gamesa has signed its first wind power project in Ethiopia with state-owned electricity company Ethiopian Electric Power (EEP), as the country begins to expand its green energy capacity to meet ambitious renewable […]

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“Technology is the Catalyst for our Future Growth and Carbon Neutrality”

By: Philip Chen, President of Digital Power Business, Huawei The urgent call for carbon neutrality and rapid digital transformation Amidst the global pandemic, China announced its aim to hit peak emissions before 2030 and for carbon neutrality by 2060. This is one of the most significant milestones in the fight against global warming and climate […]

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Sungrow Cumulative Shipments to the Americas Cross 10 GW Mark

Sungrow, a leading inverter solution supplier for renewables, has announced recently that its cumulative shipments in the Americas has hit the milestone of 10 GW by the end of 2020, underlining its position in the deep decarbonisation of the local economy. Significant process made in a challenging year With a continued upward growth trajectory in […]

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Vestas Closes 2020 With Orders Worth 900 MW Across Colombia, India and More

Vestas has announced nine new orders as it closed in 2020. Securing orders in Colombia, India, Italy, Spain and more for 898 MW wind capacity. One of the leading wind turbine suppliers globally – Vestas announced nine new orders as it closed in 2020. The firm has secured orders in Colombia, India, Italy, Spain and […]

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Discoms’ Dues to Gencos Rises to Rs 1.41 Lakh Crore in November

Discoms total dues owed to Gencos rose by over 35 percent YoY to reach Rs 1.41 lakh crore in November 2020 according to the PRAAPTI portal Power Distribution Companies (Discoms) total dues owed to power producers i.e. generation companies (Gencos) rose by over 35 percent year-on-year (YoY) to reach Rs 141621 crore (Rs 1.41 lakh […]

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Tata Motors Delivers Nexon EVs to Haryana Renewable Agency

Tata Motors has partnered with the Haryana Renewable Agency to deploy Nexon EVs in the state, as a part of its tender with the EESL. Tata Motors has announced that out has partnered with the Haryana Renewable Agency (HAREDA) to deploy Nexon EVs in the state of Haryana, as a part of its tender with […]

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