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EESL Ties up with Bihar Utilities to Install 2.34 Mn Smart Prepaid Meters in the State

EESL has signed agreements with two Bihar utilities for the installation of 2.34 million smart prepaid meters in the state, under its Smart Meter National Programme. Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has signed agreements with South Bihar Power Distribution Company Limited (SBPDCL) and North Bihar Power Distribution […]

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General Motors Aims to Become Carbon Neutral by 2040

US based automaker, General Motors yesterday announced its plans to become carbon neutral in its global operations by 2040. Also, the company has committed to setting science-based targets to achieve carbon neutrality.  In addition to this, the company has also signed the Business Ambition Pledge for 1.5⁰C, an urgent call to action from a global […]

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Grinntech To Boost Up Lithium-Ion Batteries Production in New Manufacturing Plant

Grinntech, a startup focused on Lithium-Ion batteries for electrical vehicles (EVs) and energy storage systems announced the inauguration of their larger manufacturing plant in Chennai. The new manufacturing plant is built on a one-acre plot, it will have a capacity to produce 400 MWh per year of Lithium-Ion batteries suitable for electric two-wheelers, three-wheelers, farm […]

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Corporate Renewable PPAs in India may Increase in 2021: Report

A report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. A new report has found that corporate renewable power purchase agreements (PPAs) in India may increase in 2021, despite setbacks from COVID-19. The report by the World Business Council for Sustainable Development (WBCSD), shows […]

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Tech Startup Matter To Launch EV Two Wheelers For India

Gujrat based tech startup – Matter has announced that it is set to launch its electric vehicles (EVs) and a range of energy solutions in India in 2021. The company will be producing electric two-wheelers (E2Ws) and setting up its market in major Indian cities, including New Delhi, Bengaluru, Mumbai, Chennai, Hyderabad, Kolkata, Pune, Lucknow, […]

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Tata Motors Celebrates 1st Anniversary of its EV Tata Nexon launch

Tata Motors has announced the first anniversary celebrations of its popular electric SUV, the Tata Nexon EV. Since its launch a year ago, the Nexon EV has shown constant growth and became India’s highest-selling electric vehicle, leading a market share of 64 percent (YTD FY21). The all-electric SUV, Tata Nexon has been admired for its design, zero-emission […]

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Statkraft and Aker Offshore Wind explore project opportunities in Norway

Statkraft, Europe’s largest renewable energy producer, Aker Offshore Wind and Aker Horizons have signed a cooperation agreement to explore offshore wind project opportunities in Norway. The companies will combine their strong, complementary skills and expertise to work together to explore the possibility to develop, operate and deliver power from commercial-scale offshore wind facilities in Norway. Last year, the Norwegian government announced it will open for applications for licenses for the development of wind power in […]

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Loanpal Receives $800+ Million in First External Investment Round

Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […]

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Navistar Launches Hydrogen Trucks, Collaborates with General Motor OneH2s

A subsidiary of Navistar International Corporation, Navistar Inc. has collaborated with General Motors and OneH2 to launch a complete solution for a zero-emission long-haul, hydrogen trucks system. Navistar says it will produce its first production model of the International RHTM Series of fuel cell electric vehicles (FCE) by 2024. Testing of the vehicles is expected […]

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