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PFC, REC may Restrict Funding for Projects Using Chinese Equipment

The government’s economic response against China may see public-sector financiers like PFC, REC restricting funding of projects that use equipment from the country The government’s economic response against China may see public sector financiers restricting funding of projects that use equipment from the neighbouring country. The practice would first be adopted in the power sector, […]

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Rajnath Singh Launches NOC Issuance Portal for Power Projects

Raksha Mantri Rajnath Singh on Monday has launched a new online application portal for the issuance of No Objection Certificate (NOC) for power projects and Research Survey Exploration Exploitation (RSEE) activities in the Indian Territorial Waters (TW) and Exclusive Economic Zone (EEZ). The move came as the government wants to ensure ease of business and […]

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EMT and Iberdrola’s i-DE Agree to Electrify Madrid’s Urban Bus Network

EMT and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in Madrid. The Madrid Municipal Transport Company (EMT) and i-DE, Iberdrola’s electrical distribution company, have agreed to work together on the electrification of the urban bus network in the city of Madrid, with the aim of consolidating […]

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Sensor Market Growth to be Dictated by Increase in EV Demand: Report

Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV), according to a new report by Strategy Analytics. Sensor market growth will be dictated by an expected increase in demand for electric vehicles (EV). The new Powertrain Body Chassis and Safety (PBCS) service report by Strategy Analytics, forecasts that […]

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Xpeng Starts Delivery of its Intelligent EV Sports Sedan ‘P7’

Xpeng Motors has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of […]

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RPO Fines Will Lead to Exponentially High Demand: RK Singh

The increase in fines for non-compliance of RPO to up to Rs 1 per KWh of the shortfall would lead to a huge rise in demand, RK Singh has said. The increase in fines for non-compliance of renewable energy purchase obligations (RPO) to up to Rs 1 per kilowatt-hour (KWh) of the shortfall would lead […]

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IndianOil in Partnership with SUN Mobility Opens EV Battery Swapping Facility at its Retail Outlet in Chandigarh

Oil major Indian Oil Corporation (IndianOil) has opened its battery-swapping station for electric vehicles (EVs) at its retail outlet in Chandigarh in partnership with SUN Mobility. Bengaluru-based SUN Mobility is a joint venture (JV) between Maini Group and SUN Group–co-founded by Chetan Maini, founder of India’s first electric car, Reva and Uday Khemka, Vice Chairman […]

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Sterlite Power Buys SPV from PFC to Execute Large ISTS Project

Sterlite Power, a leading power transmission infrastructure developer, on Friday, said that it has acquired Vapi II North Lakhimpur Transmission Ltd (VNLTL), a Special Purpose Vehicle (SPV) from power sector lender PFC’s arm PFC Consulting Ltd. Through this acquisition, the company is planning to execute a large inter-state transmission system (ISTS) project – Western Region […]

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Enphase and Q CELLS Announce AC Module Partnership

Enphase Energy and Q CELLS have announced a strategic partnership to develop AC Modules (ACMs) based on seventh-generation Enphase IQ microinverters Enphase Energy, a global energy technology company and a leading supplier of solar microinverters, and Q CELLS, a renowned total energy solutions provider in solar cell and module, energy storage, downstream project business and […]

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