SUBSCRIBE NEWS LETTER

MoU

Second Phase of Expansion of EV Charging Stations in New Delhi Gets NDMC Nod

The New Delhi Municipal Council (NDMC) has given its nod to a proposal on the establishment of additional electric vehicle (EV) charging stations in Delhi. This is the second phase of expansion for EV charging stations in the city. The NDMC gave its approval to the EV charging station in NDMC area as part of […]

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LGES, Hyundai Motor Form JV for $4.3 Bn Battery Manufacturing

Global EV conglomerates LG Energy Solution (LGES) and Hyundai Motor Group have announced an EV battery cell manufacturing joint venture in the USA by signing an MoU. Under the agreement, LGES and Hyundai Motor will produce EV batteries in the USA and further accelerate the electrification efforts of Hyundai Motor in North America. The signing […]

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Himachal Pradesh CM Wants Quick Deployment of Solar Projects

As Himachal Pradesh looks to become the first green state of the country, Chief Minister Sukhvinder Singh Sukhu has announced that the solar power deployment presented in the State Budget will see the establishment of 2 MW of solar installations in two panchayats in all Assembly Constituencies of Himachal Pradesh. The CM said that the […]

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IEX Dividend At Rs 1 per Share; Net Profit At Rs 88 Cr

Trading platform for physical delivery of electricity, renewable power, renewable energy certificates, and energy saving certificates, Indian Energy Exchange (IEX) has announced its financial results for the fourth quarter (Q4) and the year ended March 31, 2023 (FY23). During Q4 FY’23, IEX achieved an overall volume of 26 Billion Units (BUs), registering a 7.9% QoQ growth. In […]

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India Among Top 5 Global Destinations In RE Investments: IEA Report  

A latest report by the International Energy Agency (IEA) claimed that India was among the top five countries globally to receive the highest investments in the renewable energy sector since 2019. The report titled ‘World Energy Investment 2023’ explores investment in the global power markets.  The global report also termed the Indian solar market ‘dynamic.’ However, […]

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Uber Green Set to Establish Presence In India Starting June 2023

Ride-sharing app Uber Green is set to mark its entry into India in June 2023. The presence of the firm will be established first in the three cities of Bengaluru, Mumbai, and Delhi. The initiative will enable riders to book cabs that are all-electric and have zero tail-pipe emissions. At present, Uber Green is operational […]

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World’s First Megawatt-Class AEM Electrolyser Unveiled by Enapter AG

German electrolyser manufacturer Enapter AG has unveiled ‘AEM Multicore’ – the world’s first megawatt-class AEM electrolyser for the production of green hydrogen. The megawatt electrolyser was unveiled in the presence of Mona Neubaur, German Minister for Climate Action and Energy. With the AEM Multicore, Enapter AG says it ushers in a new era in environmentally […]

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BSES Rajdhani Joins Hands with Sheru for India’s First Vehicle-to-Grid Station

BSES Rajdhani Power Limited (BRPL) has announced a partnership with energy software firm Sheru to develop the country’s first vehicle-to-grid station. Sheru’s proprietary bidirectional battery-swapping station would provide swappable batteries for electric two-wheelers, two-wheelers, and rickshaws and help power their mobility. The station would also support BRPL’s power requirement during periods of peak power need. […]

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Powergrid Reports 4% Growth In Profit After Tax in Q4

India’s largest electricity transmission company Powergrid recently announced its financial results for Financial Year 2023 and Q4. The Maharatna Public Sector Enterprise said that it reported a total of four percent growth of Profit After Tax (PAT) in Q4 (consolidated) on Year-on-year (YoY) basis.  It also said that on a consolidated basis, its income during Q4 also […]

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