US Agency to Train Renewable Energy Procurers in Eight Indian States
The United States Trade and Development Agency (USTDA) has launched the Interstate Clean Energy Procurement Program (ICEPP) to train public procurers of clean energy on the best value and life-cycle ...
ILOS Energy Secures €500 Million Loan from EIG to Develop 2 GW Clean Power
Europe-based ILOS Energy has secured a €500 million (~$532.1 million) structured credit facility for generating over 2 GW of power through solar and battery storage projects until 2026. Sponsored by ...
Mahindra to Invest ₹100 Billion to Produce EVs in Maharashtra
Mahindra and Mahindra said that the Maharashtra government has approved its plan to invest ₹100 billion (~$1.2 billion) for an electric vehicle (EV) manufacturing facility in Pune. The company said ...
EIP Closes First Round of Global Transition Fund with €1 Billion Commitments
Switzerland-based collective assets manager Energy Infrastructure Partners AG (EIP) announced the first closure of its global transition infrastructure fund by raising €1 billion (~$1.06 billion) commitments in collaboration with Credit ...
EV Charging Infrastructure to be Set Up Along 75,000 Miles of Highways in the U.S.
The U.S. Department of Transportation has approved Electric Vehicle Infrastructure Deployment Plans for all 50 States covering approximately 75,000 miles of highway across the country. With this approval, all States ...
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, 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 ...
India, AIIB Sign ₹21.9 Billion Loan Deal to Strengthen Power Transmission in Assam
The Government of India and the Asian Infrastructure Investment Bank (AIIB) have signed a loan agreement for $304 million (~₹21.9 billion) to develop the 'Assam Intra-State Transmission System Enhancement' project ...
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 ...
Companies Expect a Phenomenal Year for Electric Vehicles in 2021: Industry Reacts
The manufacturing and sales activity were impacted by COVID-19 in the Electric Vehicle (EV) segment in India in the first half of 2020 due to a lengthy lockdown and exodus ...
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
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 ...
This Wireless Power Technology Could Change New Zealand’s Transmission System
EMROD, a New Zealand-based technology startup, announced that it had developed new long-range, high-powered wireless power transmission technology that could substitute existing copper lines. The company explained that the technology ...
New Transmission Infrastructure for Solar and Wind Coming Up in Rajasthan and Gujarat
The Central Electricity Authority (CEA) has allowed Bikaner Khetri Transmission Limited (BKTKL) and Powergrid Bhuj Transmission Limited (PBTL) to lay transmission lines for renewable projects in Rajasthan and Gujarat. According ...
Haryana Mulls Competitive Bidding Route for Power Transmission Projects
The Haryana Electricity Regulatory Commission (HERC) has invited comments and suggestions from power sector stakeholders on its paper proposing the introduction of competitive bidding for power transmission projects. The deadline ...
ABB to Build a Manufacturing Facility in Italy to Meet Global Demand for EV Chargers
Switzerland-based ABB announced that it had invested $30 million (~₹2.25 billion) to construct its new manufacturing facility in San Giovanni Valdarno, Italy. In its press statement, ABB said that the ...
Tata Power to Set Up Infrastructure Investment Fund to Bolster Its Renewable Business
Tata Power announced that its board of directors had given its in-principle approval for setting up an infrastructure investment fund (InvIT) for the company’s renewable business. The Mumbai-based power electric ...
PowerGrid Corporation to Separate its Transmission Business
The PowerGrid Corporation of India Limited (PGCIL) has announced its plans to separate its power transmission business to form a 100% subsidiary that will carry out transmission-related functions, as per ...
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
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 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 ...
Improving Rural Healthcare Amid COVID-19 Crisis by Installing Solar on Clinics
Amid the Coronavirus (COVID-19) crisis, nearly 20 leaders from research groups, think tanks, renewable energy companies, and health care services, have demanded to solarize all unelectrified healthcare sub-centers in rural ...
Fourth Partner and Lithium Urban Technologies to Set up Solar EV Charging Stations
Fourth Partner Energy, a distributed solar energy management company, announced that it has partnered with Lithium Urban Technologies, a commercial electric vehicle (EV) fleet provider, to set up solar-powered EV charging ...
Mumbai-based Start-Up to Launch EV Chargers Integrated With Streetlamps
Magenta Power, a renewable solutions provider, has announced plans to roll out its ChargeGrid Flare, and electric chargers integrated with streetlamps, in a unique attempt to promote electric vehicle (EV) ...
MNRE to Set Up a Renewable Energy Standardization Cell to Ensure Quality Standards
The Ministry of New and Renewable Energy (MNRE) has decided to set up a Renewable Energy Standardization Cell (RESC). The objectives of the cell are to identify the areas in ...
