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Even As EV Sales Boom in Australia, Fuel Efficiency Standards Arrest Further Growth

Australia is witnessing a demand-side surge for electric vehicles, yet the lack of new fuel efficiency standards is posing challenges for EV penetration. The Electric Vehicle Council’s (EVC) latest State of Electric Vehicles report highlights a significant surge in EV sales, representing 8.4 per cent of all new cars sold in Australia in the first […]

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BPCL & Ather Join Hands to Expand EV Network

Bharat Petroleum Corporation Limited (BPCL) and two-wheeler electric manufacturer Ather Energy have joined forces to expand the EV network in India. The partnership paves the way for Ather Energy to get access to BPCL’s network of more than 21,000 fuel stations in India, making it possible for Ather to install fast-charging Grid. India’s largest EV […]

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Adani’s New Energy Arm In Trade Finance Facility For $394m

Adani New Industries Limited (ANIL) ecosystem has announced the raise of a trade finance facility of USD 394mn (INR 3,231 Cr) from Barclays PLC and Deutsche Bank AG for securing working capital requirements of its integrated solar module manufacturing facility. ANIL, a wholly owned subsidiary of Adani Enterprises Ltd, is building an ecosystem of one […]

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Pimpri-Chinchwad Admin Releases Plan To Increase EV Adoption

Electric Vehicle cell of the Pimpri-Chinchwad Municipal Corporation (PCMC), released the ‘Pimpri-Chinchwad City Electric Vehicle Readiness Plan’ on Wednesday, which proposes nine actionable solutions to transform the urban mobility landscape and further accelerate the EV transition of Pimpri-Chinchwad’s. This region lies at the periphery of Pune in Maharashtra.   The plan created with the technical support […]

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Servotech Sets up Subsidiary for EV Charging Components Manufacturing

EV charger maker Servotech Power Systems has announced that it will be setting up a wholly-owned subsidiary, which will engage in the manufacture of EV charging components, manufacturing and trading of batteries. The subsidiary will be named Techbec Green Energy Private Limited. The new firm will be established in Sonipat on an area of 40,000 […]

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Tripura Chalks Out ‘Tripura Energy Vision 2030 Roadmap’

The Power Minister of Tripura, Ratan Lal Nath, has revealed that the state government has worked out at a plan that sets sights on generating close to 500 MW of power via solar energy. The goal is to be achieved by 2030. He further added that Germany’s Deutsche Gesellschaft Fur international Zusammenarbeit (GIZ) executed a […]

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Sungrow Completes Five Years Of Operations in India

Leading global solar inverter brand Sungrow has completed five years of local production in India. The company said that during the last five years, it has grown in capacity and built a stronger business ecosystem in the country. It started its journey in India in 2018. It now dispatches string and central inverters from its […]

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West Bengal Issues Tender for 900 MW Pumped Storage Project

The West Bengal government has floated a tender inviting bids for development and operation of the Bandu Pumped Storage Project- a 900 MW capacity power project. It will be executed through a public-private partnership. The project, located in the Ajodhya Hill Area of Purulia district, is valued at close to INR 4,700 crore with project […]

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Low Carbon Secures £400 Mn Investment from MassMutual for Renewable Energy

Renewable energy developer Low Carbon has secured £400m from its strategic partner Massachusetts Mutual Life Insurance Company to invest in renewable energy projects across the UK, Europe and North America. The £400m capital commitment from MassMutual will provide liquidity for Low Carbon’s pipeline of projects up until 2025. Announced in November 2021, the strategic partnership […]

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