EV Charging Company ChargePoint’s Revenue Up 90% YoY in Q4 FY 2022

EV Charging Company ChargePoint’s Revenue Up 90% YoY in Q4 FY 2022

U.S.-based electric vehicle (EV) charging network company ChargePoint has released the financial results for the fourth quarter (Q4), and the fiscal year (FY) 2022 ended January 31, 2022. The company ...
Daily News Wrap-Up MNRE Approves 400 MW Solar Park in Himachal Pradesh by SJVN

Daily News Wrap-Up: MNRE Approves 400 MW Solar Park in Himachal Pradesh by SJVN

Here are some noteworthy cleantech announcements of the day from around the world: Ministry of New and Renewable Energy (MNRE) has granted in-principle approval to SJVN to develop a 400 ...
/ / Other, Renewable Energy
Electric Vehicle Sector Lays Out Expectations for Budget 2022

Electric Vehicle Sector Lays Out Expectations for Budget 2022

The Indian electric vehicle (EV) industry is expecting favorable announcements as the Union Finance Minister, Nirmala Sitharaman, is set to present that Budget 2022 on February 1. Last year proved ...
/ / Electric Vehicles, Grid
Top Developments That Shaped the Electric Vehicle Industry in 2021

Top Developments That Shaped the Electric Vehicle Industry in 2021

India’s electric vehicle (EV) policies announced by the Union government and state governments saw established EV players accelerate manufacturing even as several startups entered the market in 2021. As of ...
/ / Electric Vehicles, Grid
EV Charging Startup Exponent Energy Raises $5 Million in Pre-Series A Round

EV Charging Startup Exponent Energy Raises $5 Million in Pre-Series A Round

Electric vehicle (EV) charging startup Exponent Energy has secured $5 million in its pre-series A round of funding. The round was led by YourNest VC, with participation from 3one4 Capital, ...
Daily News Wrap-Up: Hydrogen Solutions Provider Plug Power Acquires Frames Group

Daily News Wrap-Up: Hydrogen Solutions Provider Plug Power Acquires Frames Group

Here are some noteworthy cleantech announcements of the day from around the world: Turnkey hydrogen solutions provider Plug Power completed the acquisition of Frames Group, a  turnkey systems integration provider ...
/ / Other, Renewable Energy
US Could Have up to 35 Million Electric Vehicles on Roads by 2030: SEPA

US Could Have Up to 35 Million Electric Vehicles on Roads by 2030: SEPA

The United States would have 10 million to 35 million electric vehicles on roads by 2030. This will generate around 100 TWh of new power demand annually, according to a ...
/ / Electric Vehicles, Grid
Over 165,000 EVs Deployed With ₹5.64 Billion Incentives Under FAME-II Program

Over 165,000 EVs Deployed with ₹5.64 Billion Incentives Under FAME-II Program

As of November 25, 2021, over 165,000 electric vehicles (EVs) have been supported through demand incentives of ₹5.64 billion (~$75.36 million) under the second phase of the Faster Adoption and ...
Daily News Wrap-Up: Hild Energy to Set Up a 50 MW Solar Project for Coal India Subsidiary

Daily News Wrap-Up: Hild Energy to Set Up a 50 MW Solar Project for Coal India Subsidiary

Here are some noteworthy cleantech announcements of the day from around the world: Mahanadi Coalfields Limited (MCL), a subsidiary of Coal India Limited, has awarded Chennai-based solar energy solutions provider ...
/ / Other, Renewable Energy
Daily News Wrap-Up MYSUN Wins 140 MW of Captive Open Access Solar Projects

Daily News Wrap-Up: MYSUN Wins 140 MW of Captive Open Access Solar Projects

Here are some noteworthy cleantech announcements of the day from around the world: Distributed solar company MYSUN has won 140 MW of solar projects under the captive open access mode ...
/ / Other, Renewable Energy
Pune-based EV Charging Startup goEgoNetwork Raises $2 Million in Seed Funding

Pune-based EV Charging Startup goEgoNetwork Raises $2 Million in Seed Funding

Pune-based startup providing electric vehicle (EV) charging solutions goEgoNetwork has raised $2 million in seed funding to expand its electric charging network. Rishi Bagla, Chairman of Bagla Group, an auto component manufacturer, ...
/ / Finance and M&A, Other
EV Charging Company ADS-TEC Energy to Go Public in a $580 Million SPAC Deal

EV Charging Company ADS-TEC Energy to Go Public in a $580 Million SPAC Deal

ADS-TEC Energy, a Germany-based electric vehicle (EV) charging company, has signed a definitive business combination agreement with European Sustainable Growth Acquisition Corporation (EUSG), a special purpose acquisition company, resulting in ...
/ / Finance and M&A, Other
EV Charging Company Allego to Go Public in a $3.14 Billion SPAC Deal

EV Charging Company Allego to Go Public in a $3.14 Billion SPAC Deal

Allego, an electric vehicle (EV) charging network company, has signed an agreement for a business combination with Spartan Acquisition Corp III, a special purpose acquisition company (SPAC), resulting in Allego becoming ...
/ / Finance and M&A, Other
Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters

Meghalaya Announces Electric Vehicle Policy with Purchase Subsidy for Early Adopters

The Transport Department of the Government of Meghalaya has issued the 'Meghalaya Electric vehicle Policy, 2021', which aims to see electric vehicles (EV) representing 15% of the state's overall vehicle ...
Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure

Sterling and Wilson and Enel X Partner to Provide EV Charging Infrastructure

Sterling and Wilson, Mumbai-based engineering, procurement, and construction company, has signed a joint venture (JV) agreement with U.S.-based energy solutions company Enel X to enter the e-mobility segment in India. The companies ...
Tender Floated for Setting up EV Charging, Battery Swapping Stations in Delhi (1)

Tender Floated for Setting up EV Charging, Battery Swapping Stations in Delhi

Delhi Transco Limited has floated a tender for setting up electric vehicle (EV) charging and battery swapping stations under packages (sites) A - J across the national capital territory of ...
Kerala Budget Proposes ₹2.5 Billion Loan for Rooftop Solar, Cuts Tax on EVs

Kerala Budget Proposes ₹2.5 Billion Loan for Rooftop Solar, Cuts Tax on EVs

Kerala’s Finance Minister Thomas Isaac announced a 50% reduction in motor vehicle tax for electric, fuel cell, and full hybrid battery electric vehicles (EV) for five years in the state’s ...
Daily News Wrap-Up: KKR Launches Platform to Acquire Renewable Assets in India

Daily News Wrap-Up: KKR Launches Platform to Acquire Renewable Assets in India

Here are some noteworthy cleantech announcements of the day from around the world: ReneSola Energy Nantong, a joint venture of  Zhongnan Industry and ReneSola Yixing, has signed a cooperation agreement ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Solar Inverter Supplier Solis Reports 74% Rise in Revenue YoY

Daily News Wrap-Up: Solar Inverter Supplier Solis Reports 74% Rise in Revenue YoY

Here are some noteworthy cleantech announcements of the day from around the world: Ginlong Technologies, a global solar inverter distributor and manufacturer, reported that its revenue increased by 74% year-on-year ...
/ / Other, Renewable Energy
Proposals Invited for Installing EV Charging Infrastructure on Highways & Expressways

Proposals Invited for Installing EV Charging Infrastructure on Highways & Expressways

The Department of Heavy Industry (DHI) has issued an expression of interest (EoI) inviting proposals for setting up public electric vehicle (EV) charging infrastructure on major highways and expressways in ...
EV Charging Network Provider ChargePoint Signs Deal to List on New York Stock Exchange

EV Charging Network Provider ChargePoint Signs Deal to List on New York Stock Exchange

ChargePoint, a U.S.-based electric charging network company, announced that it had signed a definitive business combination agreement with publicly traded special-purpose acquisition company Switchback Energy Acquisition Corporation. The transaction is ...
/ / Finance and M&A, Other
Odisha Releases Tender for Konark Solarization Program

Odisha Releases Tender for Konark Solarization Program

The Odisha Renewable Energy Development Agency (OREDA) has invited expressions of interest (EOI) for solar trees, solar street lighting systems, solar drinking water kiosks, electric rickshaws, and their charging infrastructure ...
Tata AutoComp and US-Based Tellus Power to Set up EV Charging Stations in India

Tata AutoComp and US-Based Tellus Power to Set up EV Charging Stations in India

Tata AutoComp Systems announced that it had signed a Memorandum of Understanding (MoU) with U.S.-based electric vehicle (EV) charging infrastructure company Tellus Power Green to set up charging stations in ...
Rajasthan Commission Proposes New Business Models for EV Charging Infrastructure

Rajasthan Commission Proposes New Business Models for EV Charging Infrastructure

The Rajasthan Electricity Regulatory Commission (RERC) has issued a draft order inviting feedback on its proposal for new business models for setting up public electric vehicle (EV) charging infrastructure. The ...
Tata Power to Expand its EV Charging Stations to over 700 by FY 2021

Tata Power to Expand its EV Charging Stations to over 700 by FY 2021

Tata Power has announced its plans to expand its electric vehicle (EV) charging network in the country to over 700 by the end of the financial year 2021. The company ...
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