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Hyundai and Kia to Invest $300 Mn in Ola with Key Focus on Electric Mobility Solutions

The companies will collaborate on building a unique fleet and to develop EVs and charging infrastructure customised for the Indian market. Hyundai Motor Group and Ola have announced a strategic partnership under which Hyundai Motors and Kia Motors Corporation will make their biggest combined investment to date, as part the Group’s continued efforts to become […]

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InfraCo Africa Signs $2.2 M Loan Agreements with Gigawatt Global

InfraCo Africa has signed $2.2 million convertible loan agreements with energy developer Gigawatt Global for the development of the Samburu Solar and Transmara Solar projects in Kenya. Each with a capacity of 10MWAC, the sister facilities will generate clean, reliable electricity in some of the poorest counties in the country. The financing committed by InfraCo Africa will […]

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Siemens AG Launches Junelight Smart Battery For Residential Customers

Siemens AG, Europe’s largest industrial manufacturing company has made its move into the battery storage system segment with the launch of its Junelight Smart Battery System recently. With the Junelight Smart Battery, Siemens is offering its first battery storage specially geared to the requirements in private homes for the storage and use of self-generated energy. […]

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National Mission on Transformative Mobility and Battery Storage Gets Cabinet Approval

The Mission will define the roadmap for transformative mobility in “New India” by introducing a sustainable mobility ecosystem and fostering Make-in-India to boost domestic manufacturing and employment generation in the country. The Union Cabinet has approved the setting up of the National Mission on Transformative Mobility and Battery Storage, to drive clean, connected, shared, sustainable […]

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ITI Floats Tender For 270 AC and DC Electric Vehicle Chargers

The last date of bid submission is March 15, 2019. The Indian Telephone Industries Limited (ITI) has invited Expression of Interest (EOI) for selection of “Business Associates” for the supply, erection and commissioning of 70 AC (Smart) Charging Equipment (Bharat AC 001), 170 DC (Fast) Charging Equipment (Bharat DC 001) and 30 DC Fast Charger […]

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Longi Commissions New 5GW Mono Module Factory in China

Further, this 5GW factory was built with a total investment of about USD 328 million. One of the leading solar modules maker LONGi Solar has commissioned it’s another 5GW high-efficiency monocrystalline module plant in Chuzhou, Anhui, China. The move has come as the company aimed at enhancing its high-efficiency monocrystalline module capacity to meet rising global demand […]

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REIL Issues Tender For Setting Up 270 EV Charging Stations in India

The last date of bid submission is March 15, 2019. The Rajasthan Electronics & Instruments Limited (REIL) has issued a tender for setting up of 270 EV charging stations across India. The brief scope of work for the selected bidders will include the supply, erection and commissioning of seventy AC (Smart) Charging Equipment (Bharat AC […]

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Cabinet Approves Second Phase of FAME Scheme with Outlay of Rs 10,000 Cr

The Union cabinet has approved the second phase of the FAME scheme with an incentive layout of Rs 10,000 crores. The Union Cabinet chaired by Prime Minister Narendra Modi has approved the proposal for the implementation of the Rs 10,000-crore Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme for promotion […]

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Inox Wind Licenses AMSC’s 3 MW Class Wind Turbine Design

Under the agreement, AMSC will be the exclusive supplier of electric control systems (ECS) for Inox’s 3 MW class wind turbine. AMSC, a global energy solutions provider serving wind and power grid industry leaders, has announced that it has entered into an exclusive license agreement for a 3 MW class wind turbine design in India […]

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