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Canada’s e-Zinc raises $25 M to advance long-duration energy storage

Canadian energy storage solutions provider e-Zinc has raised USD $25 million in Series A financing led by Anzu Partners, with additional funding from BDC Capital, Toyota Ventures, and Eni Next. Existing investors, including Seed Round lead investor Energy Foundry, also participated. e-Zinc will use this funding to commence the pilot production of its first commercial […]

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“European Quality Product Below Chinese Prices Is Our Edge”, Sandeep Goyal

A thriving solar inverter market in India shadows the overall growth of solar, and is poised strongly till 2030 and beyond.  Pyramid Electricals  is one of those rare Indian firms that have come up the hard way in the electronics  sector. With their own R&D, technocrat founders, and now, plans to scale up to large […]

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Clean energy spending has jumped 50% to record levels since Oct end: IEA

Clean energy spending earmarked by governments in response to the Covid-19 crisis has risen by 50% over the past five months and now stands at over USD 710 billion worldwide, though there are troubling imbalances between regions, according to the latest update of the IEA’s Sustainable Recovery Tracker. This unprecedented amount of enacted spending is […]

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Greenko-Cockerill JV to build 2 GW green H2 electrolyser plant in India

Greenko ZeroC (GZC), a subsidiary of Greenko Group, an Indian clean-tech company, and John Cockerill, a Belgium-based designer and manufacturer of high-capacity alkaline electrolyzers, have agreed to together manufacture green hydrogen electrolyzers in the Indian sub-continent. The two companies will build a hydrogen electrolyser Gigafactory targeting capacity of two gigawatts which is aimed at substituting […]

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Hero Lectro Launches Brand-Owned E-comm Website

In a move towards augmenting its overall brand experience, Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has announced the launch of its new website to promote D2C sales and strengthen its overall omni-channel presence. With access to Hero Lectro’s complete range of e-cycles and cargo e-bikes, the platform will enable visitors and buyers […]

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Tata Motors Ramping Up EV Production To Ride Rising Demand

Indian automaker Tata Motors will ramp up its electric vehicles production as the supplies are not able to meet the skyrocketing demand and there is a huge backlog of bookings by the customers. At present, Tata Motors have Nexon EV, Tigor EV and XPRES-T electric vehicles for the Indian market and a coupe style SUV model […]

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FADA says Electric Vehicle Retail Sales Swells Three-Fold in India

Electric vehicles adoption in India is playing out better than market estimates where fuel prices have been rising unabatedly of late. According to the data released by the Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India saw over a three-fold jump last fiscal with the two-wheeler segment ruling the roost. FADA has gathered […]

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Toyota-Maruti Suzuki’s Upcoming electric SUV Will Run 500 km in Single Battery Charge

Global automakers Toyota and Maruti Suzuki are developing a midsized electric SUV, which will be the duo’s first substantial entry into the electric vehicles’ market. The five-seater SUV built on skateboard architecture known as 27PL, derived from Toyota’s 40PL, will be powered by localized battery and other body parts. The EV will be fitted with […]

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Shakti Pumps Gets First Patent for its Unidirectional Solar Water Pump with Grid-tied Power Generation Capabilities

Energy-efficient pumps and motors’ manufacturer Shakti Pumps (India) Limited has been granted its maiden patent for innovating ‘A Unidirectional Solar Water Pump with Grid-tied Power Generation’ system. It’s a proud moment in the company’s history, said an official statement. The solar-powered unidirectional pump offers grid-tied power generation capabilities. Shakti Pumps says that solar water pumps ensure […]

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