electric-vehicle

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Daily News Wrap-Up: SJVN Tenders 1.5 GW Wind-Solar Hybrid Projects

SJVN Green Energy, a subsidiary of SJVN, has invited bids to select developers to set up 1,500 MW of Interstate Transmission System (ISTS)-connected wind and solar...

February 5, 2024

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Mercom Staff

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Daily Wrap-up
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Tesla’s Net Income in 2023 Drops 23%, Energy Storage Deployments Surge 125%

U.S.-based electric vehicle (EV) maker Tesla reported a net income of $2.4 billion in the fourth quarter (Q4) of the financial year (FY) 2023, a 39% year-over-year (YoY)...

January 25, 2024

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Gautamee Hazarika

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Electric Vehicles

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Energy Storage

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Market & Policy
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Gensol Engineering’s Net Profit Surges Eight Fold to ₹120 Million in Q3 FY24

Engineering and consulting firm Gensol Engineering posted a net profit of ₹123.1 million (~$1.5 million) in the third quarter (Q3) of the financial year (FY) 2024, an...

January 24, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Daily News Wrap-Up: NTPC’s 4.1 MW Rooftop Solar Projects

NTPC has invited bids for the engineering, procurement, and construction of grid-connected rooftop solar power projects with a cumulative capacity of 4,106 kW at five...

January 4, 2024

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Mercom Staff

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Daily Wrap-up
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Daily News Wrap-Up: SECI’s Green Hydrogen Manufacturing Auction

Reliance Green Hydrogen and Green Chemicals (Reliance), ACME Cleantech Solutions, Greenko ZeroC (Greenko), HHP Two (Hygenco), and Bharat Petroleum Corporation were among...

January 3, 2024

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Mercom Staff

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Daily Wrap-up
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Top Developments That Shaped the Electric Vehicle Industry in 2023

As of September 2023, EV sales in India totaled 371,214 units, indicating a year-over-year increase of 40% compared to the 264,781 units sold in the corresponding period...

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Daily News Wrap-Up: MPERC Rejects Plea for Imposing Grid Support Charges on Rooftop Solar

Madhya Pradesh Electricity Regulatory Commission has rejected a petition filed by Madhya Pradesh Power Management Company and state power distribution companies...

December 20, 2023

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Mercom Staff

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Daily Wrap-up
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Exponent Energy Secures $26.4 Million in Series B Funding to Propel Expansion

Bengaluru-based electric vehicle (EV) charging and battery startup Exponent Energy has raised $26.4 million in a series B funding round led by Eight Roads Ventures and a...

December 14, 2023

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Gautamee Hazarika

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Electric Vehicles

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Grid

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Market & Policy
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India-based KPIT Unveils Indigenous Sodium-Ion Battery Technology

Pune-headquartered KPIT Technologies, an autonomous software integration partner for the automotive and mobility sector, has introduced its sodium (Na)-ion battery...

December 14, 2023

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Gautamee Hazarika

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Energy Storage

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Markets & Policy
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Hero MotoCorp Approves ₹5.5 Billion Investment in Ather Energy

The Board of Directors of Hero MotoCorp approved an investment of up to ₹5.5 billion (~$66.3 million) in the rights issue of Indian electric two-wheeler company Ather...

September 5, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Daily News Wrap-Up: India Installs 387 MW of Rooftop Solar Capacity in Q2

India added 387 MW of rooftop solar capacity in the second quarter (Q2) of 2023, down 20% from 485 MW in Q1. According to the newly released Q2 2023 Mercom India Rooftop...

September 1, 2023

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Mercom Staff

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Daily Wrap-up
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Gulf Oil Lubricants to Acquire Majority Stake in EV Charging Firm Tirex Transmission

Gulf Oil Lubricants India (GOLIL), an India-based lubricant manufacturing firm, is set to acquire a 51% stake in the electric vehicle (EV) charging solutions provider...

August 28, 2023

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Energy Storage Firm NSure to Start Pilot Production of Lithium Ion Cells in Karnataka

Energy storage solutions company NSure Reliable Power Solutions (NSure) is set to begin pilot production of lithium-ion cells at its 1 GWh plant located in Malur, near...

August 23, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Kolkata Police Floats Tender for Supply and Maintenance of 200 EVs

Kolkata Police has invited bids for the supply and maintenance of 200 four-wheeler electric vehicles (EV) with all standard accessories, including regular chargers. The...

August 23, 2023

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Gautamee Hazarika

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Electric Vehicles

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Tenders & Auctions
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8,738 Public EV Charging Stations Operating in India as of June: Minister

As India strives towards decarbonizing the transport sector, the country has installed 8,738 operational public electric vehicle charging stations, as of June 30, 2023,...

July 24, 2023

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Gautamee Hazarika

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Other

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Renewable Energy

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