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EV Manufacturer Rivian Sets Sights for IPO This Year

Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter.  The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […]

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Jupiter Power Announces 652 Megawatt Hours of Battery Storage Projects

Jupiter Power will build six stand-alone, utility-scale battery storage projects this year, totaling 652 MWh of energy storage capacity. Utility-scale energy storage company Jupiter Power has announced it will build six stand-alone, utility-scale battery storage projects this year, totaling 652 megawatt hours of energy storage capacity. The projects consist of three 200-megawatt-hour projects and three […]

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Rs 1000 Cr Capital Infusion to Enable SECI to Float 15 GW Tenders Annually

Capital infusion of Rs 1000 crore to SECI in the new budget, will enable the agency to float 15 GW tenders annually. Finance Minister Nirmala Sitharaman in her budget speech for fiscal 2021-22 announced the capital augmentation of Solar Energy Corporation of India Limited (SECI) and Indian Renewable Energy Development Agency Limited (IREDA). In her […]

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20GW Signed Contracts Prove the High Reliability and the Investment Value of 182mm Modules

With the beginning of the “14th Five-Years Plan”, the PV industry market has continued to heat up, and large-size modules have progressively earned growing popularity in PV market. According to the industry expectation, by the end of 2021, the production capacity of 182mm modules may exceed 100GW and the most mature product capacity planning will match […]

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Jaguar Land Rover to Launch First All-Electric SUV in India

UK’s largest automotive manufacturer, Jaguar Land Rover has announced the launch of its all-electric SUV, ‘I-Pace’ in India on March 09, 2021. However, the bookings for I-Pace started in India in November 2020.  Interestingly, in the Covid era, the launch of I-Pace will be a virtual event for members of the media, customers, and fans […]

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Amazon Announces its Largest Single Renewable Energy Project

Amazon has now announced the Amazon-Shell HKN Offshore Wind Project, the firms’ largest single-site renewable energy project to date. On December 10, 2020, Amazon became the world’s largest corporate purchaser of renewable energy, and it continues to move quickly to power its operations with 100 percent renewable energy. In line with which, the firm has now […]

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Hindustan Zinc Signs MoU with Epiroc for Using BEVs in Underground Mining

India’s integrated producer of Zinc-Lead and Silver and a Vedanta Group Company, Hindustan Zinc Limited (HZL) has signed a Memorandum of Understanding with Epiroc Rock Drills AB for Zero Emission and Sustainable Mining by introducing Battery Electric Vehicle (BEV) in underground mining. HZL claims to become the first mining company in India to introduce electric […]

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Aucnet, MIRAI-LABO to Recycle and Distribute Used EV Batteries

Aucnet Inc., an information distribution support service provider based in Tokyo’s Minato-ku, and MIRAI-LABO Co., Ltd. headquartered in Hachioji City, Tokyo, a company developing various energy-saving environmental products based on photovoltaic paving panels, lithium-ion battery uninterruptible switching technology, and LED reflector lighting technology, will launch a joint project to enter the used EV battery recycling and distribution business […]

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bp & EnBW Selected for 3 GW Offshore Wind Leases in the UK

bp and partner EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4 for projects worth 3 GW. bp and partner Energie Baden-Wuerttemberg AG (EnBW) of Germany have together been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4, the […]

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