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EV Startup Byton and Marubeni Strike Partnership in Series C Financing

Premium EV manufacturer BYTON and Marubeni Corporation have announced a strategic partnership for Marubeni to become a partner in the Series C financing. Premium electric vehicle (EV) manufacturer BYTON and Japan’s Marubeni Corporation have announced a strategic partnership. Marubeni will become a partner in BYTON’s Series C financing. The two companies will also explore opportunities […]

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Carbon Tax Waiver may put Renewables Growth in India at Risk: Fitch

Fitch Solutions believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. Fitch Solutions has said that it believes that the centre’s proposed carbon tax waiver on coal may pose substantial downside risks to India’s renewable sector growth. In a bid to alleviate significant debt levels in the power industry, India has proposed […]

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Nano One Patents new Durable Cobalt-Free Battery Material

Nano One has been issued a Taiwanese patent relating to lithium nickel manganese oxide (LNMO) cathode material, that eliminates cobalt from the battery Nano One Materials Corp, a firm that is involved in developing patented technology for the low-cost production of high-performance lithium-ion battery cathode materials used in electric vehicles (EVs), energy storage and consumer […]

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FAME II Scheme has Failed for Electric Two-Wheelers: SMEV

Electric two-wheelers makers are learning to “live without government support” as the FAME II scheme has not met its objective, according to SMEV. Mass segment electric two-wheelers makers are learning to “live without government support” as the FAME II scheme to promote electric mobility has not met its objective, according to industry body SMEV. The […]

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Over 1.03 Crore Smart LED Street Lights Installed so far: EESL

Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, EESL has said. Over 1.03 crore smart LED street lights have been installed to date, which led to an estimated energy savings of 6.97 billion kWh per year, Energy Efficiency […]

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Govt Okays 2,636 New EV Charging Stations Under FAME India Phase-II: Javadekar

With an aim to provide further fillip to e-mobility in the country, government has approved 2,636 new electric vehicles (EVs) charging stations in 62 cities across 24 states and union territories under the phase-II of FAME India (Faster Adoption and Manufacturing of Electric Vehicles in India) scheme, Minister of Heavy Industries & Public Enterprises, Prakash Javadekar said. Out […]

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Siemens Gamesa Reaches €1.72 bn in Green Guarantee Lines in 2019

Siemens Gamesa has announced that in less than a year, and aligned to its commitment to sustainability it has accumulated €1.72 billion in green guarantee lines Siemens Gamesa recently extended a guarantee line from Danske Bank to EUR 150 million from an initial EUR 100 million and included Sustainable Development Goals (SDG) criteria. Likewise, the […]

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IBM Research Discovers new Battery That Could Trump Li-ion

IBM Research has unveiled a new battery that could help eliminate the need for heavy metals in production and surpass the capabilities of Li-ion batteries IBM Research is building on a long history of materials science innovation to unveil a new battery discovery. This new research could help eliminate the need for heavy metals in […]

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