Author: Bhoomika Singh

Omega Seiki To Invest Rs. 100 Crore for EV Manufacturing Unit in UP

A member of the Anglian Omega Group, Omega Seiki Mobility (OSM), has signed a Memorandum of Understanding (MoU) with Youth Rural Entrepreneur Foundation (YREF) to set up an electric vehicle (EV) manufacturing facility in Ghazipur, Uttar Pradesh. The Indian OEM has also announced to invest Rs 100 crore for the EV manufacturing unit in the […]

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JSW Energy Partners with Australian Firm To Develop Green Hydrogen Projects

JSW Energy’s wholly-owned subsidiary, JSW Future Energy Ltd. has partnered with an Australian firm Fortescue Future Industries (FFI), to explore opportunities to develop green hydrogen projects in India. Under the agreement, FFI and JSW Energy will collaborate and work on potential projects for the production of green hydrogen and explore opportunities to utilize it for […]

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India’s EV Sector Attracts Rs. 25,000 Crore Investments Till July 2021

Indian EV sector recorded Investments of approx. Rs. 25,000 crore during the first seven months of this year. The second wave of Covid-19 was highly destructive to almost every sector of the country. However, the electric vehicle (EV) and e-mobility sector says a different story, as it has witnessed numerous financial deals and investments. India’s e-mobility […]

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Andhra Pradesh to Switch Auto-rickshaws into Electric under ‘Go Electric’ Campaign

The New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) has launched a pilot project to convert the holy city, Tirupati into a Zero-emission city. Under the pilot project, NREDCAP will ramp up the electric vehicle (EV) adoption in the city by introducing more EVs and charging infrastructure. The project involves introducing three electric […]

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Hindustan Zinc To Use BEVs in Underground Mining, Partners with Normet Group

Indian mining major, Hindustan Zinc Ltd. (HZL), today announced its big plan for decarbonization of its mines. HZL has partnered with Normet Group that works for making underground mining and tunnelings digitalized and sustainable, to introduce India’s first battery electric vehicles (BEVs) in underground (UG) mines.  HZL’s CEO MR, Arun Misra has announced an investment […]

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ACME Solar Raises $334 Million Through Offshore Green Bonds

India’s solar power developer ACME Solar has today announced raising USD 334 million through offshore green bonds. The investment has been raised for 12 of ACME’s solar projects in India, and it will be funded by U.S. dollar-denominated green bonds. These bonds have received the green certification from Climate Bonds Initiative. Also, they will be […]

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China’s CATL Reveals the First-generation Sodium-ion Battery

Chinese battery giant, Contemporary Amperex Technology Ltd (CATL) has today revealed the first of its Sodium-ion battery. At a launch event today, the battery maker also announced that it has planned to set up a supply chain for the new technology in 2023. Although the firm has not disclosed the prices of the battery yet, […]

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Meyer Burger to Expand into Solar Roof Tiles, Acquires Related IP

Meyer Burger Technology AG is planning to expand its portfolio to include a roof-integrated high-performance solar system, which can be easily installed like traditional roof tiles. Thun-headquartered mechanical engineering company, Meyer Burger Technology AG develops and produces systems with which solar cells can be manufactured and electrically connected. To accelerate the product launch, the firm […]

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Lexus India Extends HEV Battery Warranty Upto 8 Years to Escalate Electrification

The Indian subsidiary of the luxury vehicle division of the Japanese automaker Toyota, Lexus India announced yesterday that it has extended the battery warranty period of its hybrid electric vehicles (HEV) from five years to a period of eight years.  Lexus declares that this initiative has been taken to speed up its electrification vision and […]

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