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EBRD Raises Stake in Infinity- Egypt’s Largest RE Provider

The European Bank for Reconstruction and Development (EBRD) has announced that it is increasing its equity stake in Infinity, Egypt’s largest renewable energy developer, through an additional $ 41.5 million commitment. The EBRD is already a shareholder in the company, having invested US$ 60 million in 2020. EBRD said that $41.5 million will support Infinity’s plans […]

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A South American Success Story In Renewables – Chile

South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […]

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Will Hydrogen Contribute Toward Energy Transition Of India?

The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […]

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Government Plans to Resume Providing Commercial EV Permits Without Any Cost

The policy of giving free commercial EV permits will be reinstated by the government two years after it was done away with. Over the previous two years, the Center had abandoned the practice to promote the use of green automobiles. However, it has now decided to go back to the previous procedure for granting such […]

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Pune’s FLASH Collaborates with Poland’s Elimen Group for EV Parts

To produce traction motors and controllers for Electric Vehicles (EVs) in India, Pune-based FLASH, a maker of electronic and electrical components, has formed a technical partnership with Poland’s Elimen Group, a renowned designer and developer of electromobility solutions. Beyond electric two- and three-wheelers, FLASH will now increase its market share in the emerging electric passenger […]

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Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility

Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […]

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Erisha E Mobility in JV with German Partner Greenbox for Green Hydrogen Business

Erisha E Mobility, an entity of Rana Group, that envisions manufacturing, distributes, and exports electric vehicles segment and hydrogen fuel cell buses, has entered into a Joint Venture with German partner Greenbox Global Holding (Greenbox), incorporating Erisha Hydrogen India Private Limited. What the JV offers The JV aims to offer solutions for sustainable energy production, […]

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Three EV Infra Players & Mahindra Collaborate on Charging Solutions

Mahindra & Mahindra announced that it has partnered with Jio-bp, Statiq, and Charge+Zone (Three EV Infrastructure Players) to provide charging options for its next lineup of passenger electric vehicles. The Mumbai-based automaker said in a statement that thanks to these agreements, Mahindra EV users would have seamless access to a reliable fast-charging infrastructure and e-mobility […]

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Amazon Partners with TVS Motor to Expand Indian EV Segment

Amazon India and TVS Motor Company recently announced a partnership to deploy electric two- and three-wheelers, significantly advancing the country’s transition to electric mobility. As part of this partnership, a fleet of TVS Motor electric two- and three-wheelers will be used for Amazon’s last-mile deliveries. Additionally, the two businesses will test TVS Motor’s electric vehicle […]

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