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H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland

A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […]

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Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives

The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today.  The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […]

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Exicom to Supply 5L Battery Management Systems to Hero Electric

An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […]

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Welspun India Takes 26% Stake in Clean Max Thanos for Renewable Energy

Welspun India Limited has announced that the firm has acquired 26 per cent stake in Clean Max Thanos (CTPL) in order to obtain renewable energy under a captive structure. Welspun said that the acquisition would cost the firm Rs 3.80 crore. Welspun India said in an exchange filing that the textile major has entered into […]

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How Lithium Batteries Can Reduce The Rates of EV & Its Impact In 2023

By Ankit Mittal, Co-Founder & CEO, Sheru For an electric vehicle, the battery is its most crucial as well as its most expensive component. In 2015, they made up more than 57% of the cost of an electric car in the US. Advances in technology, improved manufacturing processes, and efficiency gains have all meant that […]

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Gender Gap Narrows Down In EV Sector With Higher Participation From Women

Women-owned business enterprises and their participation are playing a prominent role in society by generating employment opportunities in almost all sectors of the economy. The auto industry isn’t an exception either. This article is not just an appreciation of their contribution but also focuses on their varied experiences in the EV automobile industry. As per […]

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Director/Sr. Manager/Manager- Business Consulting PI – AMI

Energy Transition and Decarbonization (ET&D) are the key focus area of today’s changing energy landscape. Countries and corporations have pledged to significantly reduce GHG emissions in order to become climate neutral. In addition, decarbonization means creating long-term value for stakeholders which will ultimately not only pay off but also open up completely new business opportunities. […]

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Africa Has EUR 1 Trillion Green Hydrogen Potential: New Study

A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy. The analysis is commissioned by the European Investment Bank, the […]

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