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UPS Invests in Arrival, Commits to 10,000 Electric Delivery Vehicles

UPS Ventures has completed a minority investment in Arrival, and also announced a commitment to purchase 10,000 electric vehicles United Parcel Service or UPS, an American multinational package delivery and supply chain management company has announced that its venture capital arm, UPS Ventures, has completed a minority investment in Arrival, which makes electric vehicle (EV) platforms and purpose-built […]

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India Needs to Prioritise Rooftop Solar for Achieving 100 GW Target

India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar target by 2022, a new report has revealed. India needs to prioritise rooftop solar among residential and industrial users for achieving its 100 GW solar energy target by 2022, a new report has revealed. Demand aggregation mechanism’ could help accelerate energy efficiency and […]

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Corporations Bought Record Amount of Clean Energy in 2019: BNEF

Corporations bought a record amount of clean energy through PPAs in 2019, up more than 40 percent from the previous year’s record. Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40 percent from the previous year’s record. The majority of this purchasing occurred in […]

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Cenfura, C4D to Tokenise Renewable Assets in South Africa

Cenfura and C4D will tokenise microgrid assets in South Africa, the partnership will construct and operate solar and battery storage-based microgrid assets Cenfura has entered into an agreement with C4D to tokenise microgrid assets in South Africa. The partnership will construct and operate the solar PV and battery storage-based microgrid assets in 6,500 gated communities across South […]

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Sterlite Power Elevates Arun Sharma as Infra Biz COO

Global player in the power transmission space Sterlite Power said on Wednesday that it has appointed Arun Sharma as Chief Operating Officer (COO) of its infrastructure business. Earlier, Sharma was heading the Master System Integration (MSI) business at the company’s solution business unit. Now, he will lead Sterlite Power’s both infrastructure and MSI businesses. He […]

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Solar PV Sources Emit More CO2 Than Geothermal : Study

A new research has revealed that Solar PV cells emit more carbon dioxide (CO2) than geothermal power plants during their lifetime. New research published in the journal Geomechanics and Geophysics for Geo-Energy and Geo-Resources has revealed that Solar photovoltaic (PV) cells emit more carbon dioxide (CO2) than geothermal power plants during their lifetime. According to […]

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Tata Motors Nexon EV Debuts in India; Starting Price at Rs 13.99 Lakhs

Redefining the evolution of electric vehicles (EVs) in India, Tata Motors on Tuesday launched the country’s own electric SUV ‘Nexon EV’ at an introductory price starting from Rs 13.99 lakhs (ex-showroom price at all India). Backed by Tata uniEVerse, Tata Motors is closely working with other Tata Group companies including Tata Power, Tata Chemicals, Tata […]

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UDAY Not Failure; New Version Likely in Budget: Power Minister

Ahead of the upcoming Union Budget on Saturday, Power Minister R K Singh said that the UDAY (Ujwal DISCOM Assurance Yojana) scheme was not a failure, however, an improved version of the programme, meant for revival for Discoms and to ensure 24X7 power, maybe announced in Budget. During an event, the Minister said quoted PTI […]

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Budget 2020: Solar Industry Wishlist for Sitharaman

Undoubtedly, the most important economic event of the year going to take place on February 01, 2020, when the Finance Minister Nirmala Sitharaman tabled her second Union Budget in the Parliament. It is widely expected that the main focus of the Narendra Modi 2.0 government will be on again kick starting the engine of economic […]

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