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Delhi can Become EV Capital of India With More Capital: Report

Delhi will need to deploy electric passenger vehicles, EV for last-mile connectivity and several public charging stations in the next year to realise its dream of clean, green and people-centric mobility solutions. To realise its dream to have clean, green and people-centric mobility solutions, Delhi may need to deploy nearly 35,000 electric and accessible passenger vehicles, at […]

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MNRE Awards 4 Grants in 2nd Round of PACEsetter Fund

MNRE recently awarded grants to the four projects selected in the second round of PACEsetter fund programme. The Ministry of New and Renewable Energy (MNRE) has recently announced that it has awarded grants to the four projects selected in the second round of PACEsetter fund programme. The PACEsetter fund was constituted by India and the USA in […]

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Sungrow Debuts 1500V Outdoor Central Inverter at REI 2019

Sungrow unveiled a 1500 Vdc outdoor central inverter and the world’s most powerful 1500 Vdc string inverter SG250HX-IN at REI 2019 Sungrow, one of the leading global inverter solution supplier for renewables, has unveiled a comprehensive product portfolio, in particular, a 1500 Vdc outdoor central inverter SG5000UD and the world’s most powerful 1500 Vdc string […]

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REI 2019: Session on Startups – Innovation in Manufacturing Needed

At the ongoing Renewable Energy Exposition 2019, a session on the role of startups in the RE space highlighted that the innovation aimed at solving consumer and business problems are key to its future growth. The first day of the Renewable Energy Exposition (REI 2019) saw the convergence of financiers, startup heads and think tanks […]

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Climate Projections of Today Becoming Reality of Tomorrow; need to be strengthened

During the two-day second stakeholder workshop under East Africa Peru India Climate Capacities (EPICC) project, discussions focused on climate predictions, monsoon, hydrology, and migration Speaking about India Meteorological Department’s (IMD) efforts to improve its forecasting services, Dr Mrutyunjay Mohapatra, Director General, IMD said, “We are providing meteorological services to all districts and at the block […]

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Evolution II Fund Reaches Final Close at $216 Million

Inspired Evolution has secured additional commitments, to reach total capital commitments of USD 216 million at the final closing of its Evolution II Fund. Investment management business, Inspired Evolution has secured a further USD 87.75 million in commitments from CDC Group, Cyane Holdings, the European Investment Bank, KLP Norfund Investments, Morgan Stanley Alternative Investment Partners […]

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US Residential Storage Market Sees Record Growth in Q2 2019

A new analysis has revealed that a record 35 MW of residential storage was deployed in the US in Q2 of 2019, more than in any other quarter on record A new analysis has revealed that a record 35 megawatts (MW) of residential storage was deployed in the US in the second quarter (Q2) of […]

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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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