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PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund

A memorandum of understanding (MoU) agreement has been signed between India’s infrastructure finance company PTC India Financial Services (PFS) and Global Green Growth Institute (GGGI) for the establishment of an infrastructure debt fund. The objective of the debt fund is to enhance the infrastructural development in the field of renewable energy. According to the official […]

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Under Pressure Honda Signs JV With Sony To Sell EVs By 2025

Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […]

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EVI Technologies, HPCL IN Agreement For EV Chargers at 136 Locations

The network of EV charging stations is going to spread out with every Hindustan Petroleum Corporation Limited (HPCL) petrol pump at 136 locations offering its space to EVI Technologies for installation of a charging station. A press release issued by EVIT, a startup with profile of 380 EV chargers in 17 cities across India, claimed […]

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Karnataka Looks At A Hydrogen Cluster In Mangaluru

Karnataka recently signed two major projects about hydrogen production. ACME Cleantech Solutions Private Limited and ReNew Power have each signed to invest ₹52,000 crores and ₹50,000 crore in the state over the last one month, in MoU’s signed at Davos. Sharing the vision of the state government, Gunjan Krishna, commissioner for industrial development and director, […]

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Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe

Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […]

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Sineng Celebrates 5th India Anniversary, 6 GW Milestone at Delhi

Inverter Major Sineng chad twin reasons to celebrate on June 16, when it hosted a glittering event to celebrate its 5th anniversary in India, and the milestone of 6 GW shipments in the country. As one of the key manufacturers in India with its 10 GW manufacturing plant in Bengaluru (expanded from an earlier 3 […]

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NIWE E-tender for Hybrid Roof-Top 100 kW at Chennai, Tamil Nadu

An independent R&D institution of MNRE, the National Institute of Wind Energy (NIWE) has floated a 100 KW tender for Hybrid Roof-Top at Chennai in Tamil Nadu. All the solar PV modules should be Monocrystalline (PERC) modules. Bids of this 100 Kw project will be opened on July 05, 2022, at 04:30 PM and the […]

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MoF Recommends 762 USD/MT, 908 USD/MT Anti-Dumping Duty On Fluoro Backsheets From China

As part of the initiatives to protect the domestic industry, the Union Ministry Of Finance recommended on June 15 the imposition of anti-dumping duty on imports of Fluoro Backsheet excluding transparent backsheet, (FBETB) originating in or exported from China and imported into India. A polymer-based component used in the manufacture of solar modules, Fluoro Backsheet […]

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