Tesla’s Q4 Profit Up 19% YoY, Solar & Storage Revenues Rise to $1.31 Billion

Tesla’s Q4 Profit Up 19% YoY, Solar & Storage Revenues Rise to $1.31 Billion

Tesla recorded a revenue of $24.32 billion from all its businesses in the fourth quarter (Q4) of 2022, a year-over-year (YoY) of 37% compared to $17.72 billion in the previous ...
Daily News Wrap-Up: Maharashtra Signs $2.5 Billion Pact for Battery Swapping Solutions

Daily News Wrap-Up: Maharashtra Signs $2.5 Billion Pact for Battery Swapping Solutions

Here are some noteworthy cleantech developments from around the world The Maharashtra government has announced a strategic energy partnership with Gogoro Inc. and Belrise Industries to establish a $2.5 billion ...
Daily News Wrap-Up: L&T Partners With H2Carrier for Green Hydrogen Projects

Daily News Wrap-Up: L&T Partners with H2Carrier for Green Hydrogen Projects

Here are some noteworthy cleantech developments from around the world Mumbai-based hi-tech engineering company Larsen & Toubro (L&T) announced the signing of a memorandum of understanding (MoU) with the Norway-based ...
Industry Expects Electric Vehicle Sales to Build on Blockbuster 2022

Industry Expects Electric Vehicle Sales to Build on Blockbuster 2022

The electric vehicle (EV) industry is entering the new year on the back of blockbuster sales in 2022 when it clocked one million units, a growth of over 300%, as ...
Prices Discovered in Electric Bus Tender 29% lower than Diesel Buses: CESL

Prices Discovered in Electric Bus Tender 29% lower than Diesel Buses: CESL

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), said that the prices discovered for the largest e-bus tender (6,465 electric buses) under Phase ...
Electric Vehicle Sales Clocked a Record One Million Units in 2022

Electric Vehicle Sales Clocked a Record One Million Units in 2022

Electric vehicle (EV) sales in India reached a record one million units in 2022, a jump of over 300% against the 322,877 units sold in 2021. EVs accounted for 4.7% ...
Month in a Minute Top Headlines from Indian Renewable Sector in December 2022

Month in a Minute: Top Headlines from Indian Renewable Sector in December 2022

India installed around 596 MW of open access solar capacity in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 91% year-over-year. The figure was revealed ...
/ / Other, Renewable Energy
EV Charging Stations on Highways will be Powered by Solar if Feasible

EV Charging Stations on Highways to be Powered by Solar

The National Highways Authority of India (NHAI) has proposed to power electric vehicle (EV) charging stations along highways with solar energy wherever feasible, the Ministry of Road Transport and Highways ...
/ / Electric Vehicles, Grid, Solar
Daily News Wrap-Up Over 766,478 EVs Supported Under Phase II of FAME Program

Daily News Wrap-Up: Over 766,478 EVs Supported Under Phase II of FAME Program

Here are some noteworthy cleantech announcements of the day from around the world: The second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME India) program has provided ...
/ / Other, Renewable Energy
Top Developments That Shaped the Electric Vehicle Industry in 2022

Top Developments That Shaped the Electric Vehicle Industry in 2022

The rapid adoption of electric vehicles (EVs) and their increasing popularity indicate they are no longer a short-term trend but a viable alternative to internal combustion automobiles. EV sales stood ...
Daily News Wrap-Up KEC International Bags Order for 500 MW Solar Project in India

Daily News Wrap-Up: KEC International Bags Order for 500 MW Solar Project in India

Here are some noteworthy cleantech announcements of the day from around the world: Global infrastructure engineering, procurement, and construction company KEC International secured a large order for a 500 MW ...
/ / Other, Renewable Energy
EV Charging Company ChargePoint’s Q3 FY23 Loss Widens to $84.5 Million

EV Charging Company ChargePoint’s Q3 FY23 Loss Widens to $84.5 Million

Electric vehicle (EV) charging solution provider ChargePoint Holdings recorded a net loss of $84.5 million in the third quarter (Q3) of the fiscal year (FY) 2023, compared to a loss ...
/ / Electric Vehicles, Other
Pune Municipal Corporation Invites Bids to Set Up Electric Vehicle Charging Stations

Pune Municipal Corporation Invites Bids to Set Up Electric Vehicle Charging Stations

Pune Municipal Corporation (PMC) invites proposals for the commissioning, operation, and maintenance of electric vehicle (EV) charging stations for the public at designated locations in Pune. PMC has issued a ...
Goa Invites Bids to Set Up 40 Electric Vehicle Charging Stations

Goa Invites Bids to Set Up 40 Electric Vehicle Charging Stations

Goa Energy Development Agency (GEDA) invites expressions of interest cum bids for the commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various locations in Goa. The ...
Daily News Wrap-Up Vestas Supplies to Vibrant Energy's 54 MW Wind Project

Daily News Wrap-Up: Vestas Supplies to Vibrant Energy’s 54 MW Wind Project

Here are some noteworthy cleantech announcements of the day from around the world: Vestas announced that it had dispatched one of India's largest 3.6 MW Nacelle from its factory in ...
/ / Other, Renewable Energy
Daily News Wrap-Up ib vogt Commissions 116 MW Solar Project in Malaysia

Daily News Wrap-Up: ib vogt Commissions 116 MW Solar Project in Malaysia

Here are some noteworthy cleantech announcements of the day from around the world: ib vogt has achieved commercial operation of the 116 MW Coara Marang solar project in consortium with ...
/ / Other, Renewable Energy
Funding and M&A Roundup: CDPQ Invests $135 Million in Renewables Developer Shizen Energy

Funding and M&A Roundup: CDPQ Invests $135 Million in Renewables Developer Shizen Energy

From: Mercom Capital Group Shizen Energy, a renewable energy project developer, received ¥20 billion (~$135 million) investment from CDPQ, a global investment group. Shizen Energy and CDPQ have also agreed to a ...
/ / Finance and M&A, Solar
Daily News Wrap-Up Jakson to Develop $224 Million Green Hydrogen Project in Rajasthan

Daily News Wrap-Up: Jakson to Develop ₹224 Billion Green Hydrogen Project in Rajasthan

Here are some noteworthy cleantech announcements of the day from around the world: Jakson Green signed a memorandum of understanding with the Rajasthan government to invest about ₹224 billion (~$2.7 ...
/ / Other, Renewable Energy
EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

Electric Vehicle (EV) financing platform for individuals Revfin has closed a Series A funding round of $10 million in a combination of equity and debt. The funding round was led by ...
Electric Two and Four-Wheeler Sales Increase 183% YoY in Q3 2022

Electric Two and Four-Wheeler Sales Increase 183% YoY in Q3 2022

Retail sales of electric vehicles (EVs) clocked 257,278 units in the third quarter (Q3) of the calendar year 2022. This represents a 183% year-over-year (YoY) growth compared to the 90,831 ...
Funding and M&A Roundup Yellow Door Energy Closes $400 Million Equity Funding Round

Funding and M&A Roundup: Yellow Door Energy Closes $400 Million Equity Funding Round

From: Mercom Capital Group Yellow Door Energy (YDE), a UAE-based solar developer, announced the closing of $400 million equity to continue its development of sustainable energy projects in the Middle East, Africa, and ...
/ / Finance and M&A, Solar
Uttar Pradesh Announces a Slew of Incentives for EV and Battery Manufacturing

Uttar Pradesh Announces a Slew of Incentives for EV and Battery Manufacturing

Uttar Pradesh will provide a 30% base capital subsidy for the first two integrated electric vehicle (EV) and ultra-mega battery projects up to a maximum of ₹10 billion (~$121.43 million) ...
Daily News Wrap-Up: Switzerland Issues Inaugural $761 Million Green Bond

Daily News Wrap-Up: Switzerland Issues Inaugural $761 Million Green Bond

Here are some noteworthy cleantech announcements of the day from around the world: Switzerland issued an inaugural green bond of CHF766.05 million (~$761.05 million). The bond launched recorded total bids ...
/ / Other, Renewable Energy
Chandigarh's EV Policy Targets 70% of All Vehicles to Be Electric by 2027

Chandigarh’s EV Policy Targets 70% of All Vehicles to Be Electric by 2027

Chandigarh has targeted 70% of all new vehicle registrations in the Union Territory (UT) to be electric vehicles (EVs) in the next five years. As per the recently issued Chandigarh ...
Daily News Wrap-Up: Ashok Leyland and IIT Madras to Develop Hybrid EVs

Daily News Wrap-Up: Ashok Leyland and IIT Madras to Develop Hybrid EVs

Here are some noteworthy cleantech announcements of the day from around the world: Ashok Leyland and researchers of the Indian Institute of Technology Madras (IIT Madras) at the National Centre ...
/ / Other, Renewable Energy