mahindra-mahindra

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Mahindra & Mahindra Commits ₹120 Billion to EV Expansion by FY 2027

Automobile manufacturer Mahindra & Mahindra plans to invest ₹120 billion (~$1.43 billion) in its electric vehicle (EV) unit, Mahindra Electric Automobile (MEAL),...

May 17, 2024

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Arjun Joshi

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Electric Vehicles

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Finance and M&A
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Month in a Minute: Top Headlines from the Indian Renewable Sector in August 2023

Here is a recap of important headlines from August 2023: India installed 1.7 GW of solar capacity during the second quarter (Q2) of 2023, a 58% decline year-over-year...

September 1, 2023

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Rakesh Ranjan

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Other

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Renewable Energy
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Funding and M&A Roundup: Electriq Power Goes Public via SPAC Deal

From: Mercom Capital Group Electriq Power, a provider of intelligent energy storage and management for homes and small businesses, announced the completion of its merger...

August 9, 2023

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Staff

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Finance and M&A

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Other
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Daily News Wrap-Up: Karnataka Leads Open Access Solar Installations in 2022

India added an impressive 2.5 GW open access solar capacity in 2022, registering a growth of 92% year-over-year, according to the 2022 Q4 & Annual Mercom India Solar...

March 24, 2023

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Mercom Staff

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Daily Wrap-up
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IFC Invests ₹6 Billion in Mahindra’s New Last-Mile Mobility Firm

The International Finance Corporation IFC, a member of the World Bank Group, has announced an investment of ₹6 billion (~$72.9 million) in a subsidiary of Mahindra &...

March 23, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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Daily News Wrap-Up: Tata Power Bags 150 MW Solar Project from Maharashtra DISCOM

Tata Power Renewable Energy (TPREL), a wholly-owned subsidiary of Tata Power, received the letter of award from the Maharashtra State Electricity Distribution...

November 11, 2022

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Rakesh Ranjan

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Other

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Renewable Energy
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Daily News Wrap-Up: Sri Lanka Approves Adani Green Energy’s Wind Projects

Here are some noteworthy cleantech announcements of the day from around the world: Sri Lanka’s Energy Minister Kanchana Wijesekara announced that Adani Green...

August 18, 2022

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Satish Shetty

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Other

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Renewable Energy
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British International Investment Announces $250 Million for Mahindra’s EV Venture

British International Investment (formerly CDC Group), a U.K. government-owned development finance institution, will invest up to $250 million in a new passenger...

July 11, 2022

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Vijayalakshmi Sridhar

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Electric Vehicles

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Finance and M&A

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Grid

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Other
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Mahindra & Mahindra to Buy Solar from ReNew Power’s 43 MW Open Access Project

Mahindra & Mahindra has announced that it has signed a power purchase agreement with ReNew Sunlight Energy, a subsidiary of ReNew Green Energy Solutions to procure...

July 7, 2021

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Harsh Shukla

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Off-grid

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Solar
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Important Headlines from India’s Renewable Sector in February 2020

February was a busy month for the domestic renewable sector, with many important events and announcements making the headlines. There were several important...

March 3, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar
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Tata Motors and Mahindra & Mahindra to Roll out EVs in Maharashtra

Tata Motors and Mahindra & Mahindra have signed Memoranda of Understanding (MoUs) with the Maharashtra government to roll out 1,000 Electric Vehicles (EV) in the...

June 4, 2018

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Nitin Kabeer

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Electric Vehicles

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Market & Policy
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Competition is Heating Up in India’s EV Sector

India’s electric vehicle (EV) sector is becoming competitive. The date for the delivery of electric cars to Energy Efficiency Services Limited (EESL) is looming close...

November 17, 2017

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Saumy Prateek

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Electric Vehicles

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Energy Storage
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Tata Motors Wins Bid to Supply 10,000 Electric Vehicles to EESL

Tata Motors has won a bid to supply 10,000 electric vehicles (EVs) to Energy Efficiency Services Limited (EESL). Tata Motors will supply the EVs in two phases – the...

October 3, 2017

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Wendy Prabhu

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Electric Vehicles

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Energy Storage

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