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British Intl Invt invests $89 M to scale renewable energy in India

British International Investment, formerly CDC Group, the UK’s development finance institution (DFI) and impact investor, has announced a total commitment of $89 million to scale renewable energy capacity in India. The DFI’s investment is comprised of a Rs 350 crore (US $47 million) follow-on commitment to Fourth Partner Energy, and a Rs 315 crore (US […]

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Exicom completes installation of 5,000 EV chargers in 4 years

Power solutions provider Exicom has completed the installation of 5,000 EV chargers across 200 cities, making it the biggest EV charging facilitator in the country, the company claimed earlier. The installations include 3,600 AC and 1,400 DC chargers. The company had installed its first EV charging facility at Lodhi Estate, New Delhi, in 2018. The […]

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Rhode Island plans 600-MW offshore wind procurement

The smallest state in the United States, Rhode Island’s Governor Dan McKee has announced that legislation has been introduced which would require a market-competitive procurement of approximately 600 MW of new offshore wind capacity If enacted, the legislation would require Rhode Island’s primary utility company to issue a procurement no later than 15 August 2022. […]

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China Aims to Produce 200,000 Tonnes of Green Hydrogen Annually by 2025

The National Development and Reform Commission (NDRC) of China has come up with a target to manufacture 200,000 tonnes of green hydrogen annually by 2025. The NDRC has said in its press statement that China will have widespread industrial use of the clean fuel in the long run. NDRC is the top economic planning body […]

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Home owners dominate energy storage market in Germany: Study

The battery storage market in Germany is dominated by the residential or ‘household’ segment and its far greater than the commercial-industrial or large scale segments. This is the finding of a recent report named ‘The development of battery storage systems in Germany – A market review (status 2022).’ The report is led by the Institute […]

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Crayon Motors Launches Electric Scooter – Envy

Crayon Motors has launched its second low-speed electric scooter – Envy for the Indian markets. The scooter comes with a spacious boot space and a unique keyless start. The price of the scooter starts at Rs. 64,000 and comes in four colors: white, black, blue, and silver. The company is offering a 24-month warranty on […]

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TCC builds new gen EV charging infra with 7-ELEVEN in Taiwan

Taiwan Cement Corp’s subsidiary NHOA.TCC and President Chain Store’s subsidiary 7-ELEVEN have announced the “New Energy, New Lifestyle” plan to jointly build a new generation of electric vehicle (EV) charging infrastructure that combines green energy, energy storage and EV charging services. NHOA.TCC’s first EV charging infrastructure is located at Taiwan’s Hualien’s City’s most popular tourist […]

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UAE’s Masdar Reports 4.3 GW Expansion in RE Portfolio in 2021

UAE government-owned renewable firm Masdar has announced a 40% increase in its clean energy project portfolio in 2021. The electricity generation capacity of all projects Masdar invested in last year – either installed or under development – increased from 10.7 gigawatts (GW) to over 15 GW in 2021, according to the company’s 2021 Annual Sustainability […]

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