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European Renewable PPA Market Could Exceed 10 GW in 2021: Report

The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […]

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Ola to Access Siemens’ Integrated Digital Twin Design For EV Manufacturing

Indian ride-hailing firm Ola has announced that it has partnered with Siemens to access the integrated digital twin design for building its electric vehicle (EV), AI-driven manufacturing unit. Back in 2020, Ola signed an MoU with the government of Tamil Nadu to build the largest electric two-wheelers (E2Ws) manufacturing unit by investing 2,400 Crores. According […]

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StoreDot Launches its 1st Gen ‘5-Minute Charge’ Li-ion EV Battery Samples

StoreDot, a leading innovator and developer of extreme fast charging (XFC) battery technology, has announced the availability of its first-generation ‘5-minute charge’ battery engineering samples. Representing a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the […]

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Solar now the Cheapest Source of new Power in Many Markets: WoodMac

A new report finds that by 2030, solar will become the cheapest source of new power in every US state, plus Canada, China & 14 other nations The cost of solar power has dropped 90 percent over the last two decades, and will likely fall another 15 percent to 25 percent in the decade to […]

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Ampere Electric Designates Roy Kurian as New COO of Entire EV Business

The electric mobility subsidiary of Greaves Cotton Ltd., Ampere Electric has appointed Roy Kurian as Chief Operating Officer (COO) to oversee the complete E-mobility Business of electric 2-Wheelers (E2Ws) and electric 3-Wheelers (E3Ws). Earlier, Roy was associated with Yamaha Motors for 17 years as the SVP where he was executing strategic direction to the company […]

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Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric

The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […]

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Cabinet Approves MoU Between India and Uzbekistan for Cooperation in Solar Energy

The Union Cabinet has approved the MoU between India and Uzbekistan for cooperation in the field of Solar Energy. The Union Cabinet, chaired by Prime Minister Narendra Modi was apprised of the signing of Memorandum of Understanding (MoU) between India and Uzbekistan for cooperation in the field of Solar Energy. The main area of work under […]

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EDF-R Announces Commercial Operation of Maverick 1 and 4 Solar Projects

EDF-R has begun commercial operation of the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9 MWdc) solar projects in California EDF Renewables (EDF-R) North America has announced the completion and commercial operation of the Maverick 1 (173.4 MWdc) and Maverick 4 (135.9 MWdc) solar projects in California. Maverick 1 provides 125 MWac of electricity to […]

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FTM Storage Costs to Decline 30% by 2025 in Asia Pacific: WoodMac

All-in FTM battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, as per Wood Mackenzie. All-in front-of-the-meter (FTM) battery storage system costs in Asia Pacific markets could decline by more than 30 percent by 2025, according to research and consultancy firm Wood Mackenzie. Storage system prices fell […]

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