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Azure Power Post Q3 FY21 Results, Records net Loss of Rs 109 Crore

Azure Power has announced its consolidated results for fiscal Q3 of 2021, reporting a net loss for the quarter of Rs 108.8 crore. Azure Power Global Limited, India’s only solar power producer listed in the US markets, has announced its consolidated results under the United States GAAP for the fiscal third quarter (Q3) of 2021, […]

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Vestas Launches 15 MW Turbines; Sets Sight at Offshore Wind Leadership

Vestas the global leader in onshore wind has set its sights on taking a leading role in offshore wind with the launch of its 15 MW turbines Vestas, the global leader in the onshore wind segment has now set its sights on taking a leading role in the offshore wind sector. This journey, the firm […]

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Global EV Sales to Reach 62 Mn per Year by 2050: WoodMac

In its latest report, Wood Mackenzie has revealed that Electric Vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock reaching over 700 million. The report suggested, shortly before that date, in 2047, battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and fuel cell […]

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DTL Floats Tender for EV Charging & Battery Swapping Stations in Delhi

Delhi Transco Limited has floated a tender for setting up EV charging & battery swapping stations at various Locations under Package – A to J across the National Capital Territory (NCT) of Delhi. The Bidders shall be responsible for supply, erection, testing, commissioning, and maintaining at his own cost the Electrical Vehicle Charging Station and […]

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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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Rs 212 Cr Released Under FAME-II for Electric Buses: Javadekar

As of January 31, nearly Rs 212 crore has been released for the procurement of electric buses under the FAME II scheme, Prakash Javadekar informed the parliament. As of January 31, 2021, nearly Rs 212.31 crore has been released for the procurement of electric buses under the second phase of the FAME-India (FAME II) scheme, Heavy […]

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Suzlon Posts Q3 FY21 Results, Records Loss of Rs 118 Crore

Suzlon Group has reported its Q3 FY21 results, the firm has witnessed a steady growth in revenue and production/ installation capacity. Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has reported its third-quarter results for the financial year 2020-21 (Q3 FY21). The theme of the quarter for the firm […]

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Australian Government Rules Out Electric Vehicle Subsidies From ‘Future Fuel Strategy’

The Australian government has released a ‘Future Fuel Strategy’ paper, which states that the government will not provide subsidies to spur faster growth of cleaner cars (electric vehicles). It does not include policies that can make buying electric vehicles (EVs) affordable, as some other countries have announced. Rather, the government proposed to invest in electric […]

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