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Hyundai Invests in IONITY to Democratise High-Power EV Charging Network

Hyundai alongside Kia has announced its investment in IONITY to further enhance the availability of EV charging stations with convenience benefits for its customers Hyundai Motor Company alongside Kia Motors Corporation has announced its investment into IONITY, a joint venture established by global automakers. Under the agreement, Hyundai and Kia, affiliated automotive companies for Hyundai […]

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European Utilities, Strategic Vendors Dominate EV Charging M&A Activity

Strategic vendors and European utilities were responsible for over 80 percent of EV charging M&A activity from 2010 through H1 2019 A new report has revealed that strategic vendors – companies that offer products or services in the EV market – and European utilities were responsible for over 80 percent of electric vehicle (EV) charging […]

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IFC Raises $569 mn From 1st Canadian Green Bond

IFC has issued its 1st Canadian dollar green bond, raising USD 569 million for climate-smart business. The International Finance Corporation (IFC), a member of the World Bank Group, has issued its first Canadian dollar green bond, attracting strong investor demand and raising CAD750 million (USD 569 million) for climate-smart business. The proceeds of the five-year […]

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Growatt Expands Inverter Business in Latin America

In the recently concluded Green Expo 2019, Growatt presented its latest PV solutions and discussed collaboration across Latin America. In the recently concluded Green Expo 2019, in Mexico City, Growatt technical and sales engineers have been attending exhibitions, presenting the latest PV solutions and discussing collaboration with clients across Latin America. “There is great potential […]

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Tata Chemicals Launches Li-ion Battery Recycling Operations

Tata Chemicals has announced the launch of its Li-ion battery recycling plant for the commercial recovery of cathode active materials from spent batteries. One of the largest chemical companies in the India, Tata Chemicals a subsidiary of the Tata Group Conglomerate, which works in the chemicals, crop nutrition and consumer products field has announced the […]

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Engie Acquires African Off-Grid Energy Firm Mobisol

ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol French multinational electric utility company, ENGIE has expanded its decentralized energy offering in Africa through the acquisition of Mobisol, a pioneer of off-grid solar solutions in the region. Mobisol has operations in Tanzania, Rwanda, and Kenya and has installed more than […]

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Restrictive Guidelines Under Govt Schemes to Impact System Integrators: Report

According to a new analysis, there are two critical restrictive guidelines for integrators in the new KUSUM and SRISTI schemes by the MNRE According to a new analysis by JMK Research and Analytics, there are two critical restrictive guidelines in the new schemes that the Ministry of New and Renewable Energy (MNRE) has recently launched. […]

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EV’s Have Charmed The Government – Will The Markets Follow?

On July 5, when Finance Minister Nirmala Sitharaman rose to present the Union budget for 2019, expectations were somewhat muted in the understanding that with an interim budget already presented, there was little scope for big announcements. As it turned out, the minister did make a few announcements on the taxation front as well as […]

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Toyota to Provide Over 3300 Electrified Vehicles for Tokyo 2020

Toyota will provide a full line-up of electrified vehicles to support the Olympic and Paralympic Games Tokyo 2020 Toyota Motor Corporation, the worldwide partner of the Olympic and Paralympic Games, has announced that it will provide a full line-up of electrified vehicles, including unique versions of certain vehicles as well as vehicles developed specifically to […]

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