SUBSCRIBE NEWS LETTER

electric vehicles

BRICS Now Home To 3 Of World’s Top 5 Solar Nations: EMBER

Renewable energy drove record clean electricity growth in 2024, with solar and wind accounting for most of the gains, think tank Ember said in its latest Global Electricity Review. Renewable power sources added adding 858 TWh in 2024, 49% more than the previous high in 2022, as per the report.  The study showed, “Solar was […]

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Kerala’s Draft Energy Policy Mandates Solar, Proposes Community Solar

Kerala, among the net importers of energy in the country, has released a draft energy policy where the state continues to push for solar, and by extension, a degree of energy self sufficiency. The draft policy mandates solar for all consumers using over 500 units in a month, with a minimum requirement of 1 kW. […]

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Piyush Goyal Seeks More Innovation From Indian Startups

With a thought-provoking speech that served as both an acknowledgement and a critique of India’s startup ecosystem, Union Minister Piyush Goyal held the mirror to India’s startup community at the Startup Mahakumbh event on Thursday in New Delhi. While acknowledging India’s progress and development, Goyal urged entrepreneurs to rethink their focus and aspire to global […]

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PM-KUSUM: Shakti Pumps Gets Rs. 12.42 Cr Order From MEDA

Indian solar pump manufacturer Shakti Pumps (India) Ltd. announced today that it has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) for the installation of 445 off-grid Solar Photovoltaic Water Pumping Systems (SPWPS). In a regulatory filing, the company said the project will be implemented at various locations across Maharashtra […]

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ADB & Shriram Finance Sign Deal To Boost EV Financing in India

The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […]

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IIT Madras Unveils EV Labs To Advance Battery & Charging Tech

The Indian Institute of Technology, Madras (IIT Madras) has launched ‘Zero e-mission,’ a comprehensive set of e-mobility initiatives spanning various domains, including Education, Skilling, Research, Policy, Outreach, and Safety. Led by the Department of Engineering Design at IIT Madras, these initiatives aim to foster strong industry collaborations to accelerate India’s EV transition. The initiatives launched […]

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Green Financier Ecofy Secures USD 12.5 Million From IFU

 Ecofy Finance Private Limited, India’s green-transition-focused NBFC, has announced that it has secured a USD 12.5 million long-term loan facility from the Investment Fund for Developing Countries (IFU), a development finance institution owned by the Government of Denmark. The funding will support Ecofy’s further expansion into funding EVs and Solar systems in India. Ecofy aims […]

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India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie

India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […]

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Sulfur Battery Tech Startup theion Secures €15 Million

Germany is moving to the forefront of battery technology, as Berlin-based theion today announced the successful closing of a €15 million Series-A funding round to accelerate the development of its next-generation crystal sulfur batteries. The investment, led by Team Global, with participation from Geschwister Oetker Beteiligungen and Enpal, signals strong confidence in Germany’s ability to […]

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