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Volkswagen Says E-Van ID.BUZZ Has 10,000 Orders in Advance

German automaker Volkswagen has said that it has received orders of more than 10,000 units for its newly launched ID. Buzz electric van. Volkswagen plans to manufacture a mere 15000 units of the electric van this year. This implies that most of its stock is already sold out before even the deliveries begin in Europe. […]

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L&T Commissions Green Hydrogen Plant in Hazira, Gujarat

An Indian multinational conglomerate company, Larsen & Toubro (L&T) Hi-Tech Manufacturing, and Services announced today the completion of a Green Hydrogen Plant at its AM Naik Heavy Engineering Complex in Hazira, Gujarat. Mr. Shrikant Madhav Vaidya, Chairman of Indian Oil Corporation Limited, dedicated the plant. Green Hydrogen production has begun today using an alkaline electrolysis […]

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L&T Looks to Invest Upto $2.5 Billion In Green Energy

Engineering conglomerate Larsen & Toubro (L&T) is mulling to invest upto $2.5 billion in the coming three to four years and work throughout the value chain of green energy to create green assets. This may be aimed at realising water neutrality by 2035 and carbon neutrality by 2040. The L&T officials have revealed the fact […]

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Eurocell Plans To Build First Gigafactory in the Netherlands

To deliver battery cells to the energy storage and e-mobility ecosystem across Europe, Eurocell, an Anglo-Korean next-generation battery startup, has stated that talks are underway for the development of its first European Gigafactory in the Netherlands. Eurocell plans to build the next Gigafactory in two stages, with full production beginning as early as 2025. By […]

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Hygenco & Jindal Stainless Collaborate for Green Hydrogen

Haryana-based Green Hydrogen solutions developer, Hygenco India has signed a long-term green hydrogen offtake agreement with Jindal Stainless Limited. Under the terms of the agreement, Hygenco will be responsible for building, owning, and operating a multi-megawatt green hydrogen facility for 20 years. Jindal Stainless Ltd will be able to reduce its carbon emissions by approximately […]

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India Added 1.9GW Of RE Open Access Capacity In FY22

The falling costs of renewable energy and the decarbonisation goals of commercial and industrial consumers are driving the uptake of renewable energy open access power. The renewable energy open access (OA) market, which has been expanding in almost all key renewables-rich states in recent years, will continue to overcome policy hurdles to grow organically in […]

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Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary

Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […]

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Mahindra & Volkswagen Expand Collaboration To Speed Up Indian EV Sector

The Volkswagen Group and Mahindra & Mahindra Ltd (M&M) recently declared that they will be furthering their collaboration. Earlier this year, the two companies signed a term contract for the delivery of MEB electric components for Mahindra’s new, specifically designed electric platform, INGLO. Five all-electric SUVs with MEB components are included in the cooperation, which […]

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Canada, Germany All Set To Ink New Hydrogen Deal

Canadian Prime Minister Justin Trudeau and German Chancellor Olaf Scholz are set to enter into an agreement on green hydrogen on August 23 at Stephenville. Once approved, this agreement will prove to be a turning point for Canada’s nascent hydrogen industry. Under the agreement, World Energy GH2, a Newfoundland-based company is planning to develop the […]

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