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EVs Covers 1.3% of Vehicle Sales in India in FY 20-21

Increasing domestic EV manufacturing is making India Atmanirbhar and positively impacting the Trade Deficit of India. Electric Vehicle (EV) adoption and hence its manufacturing has been the prime focus of our country for a few years now. The central and state governments are bringing new policies and incentives every year so far. According to a […]

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Improving Economic Opportunities in Cities can Build Sustainable Futures: ADB

A new book released by the Asian Development Bank (ADB) has stated that improving the quality of life, and social and economic opportunities in Asia’s fast-growing cities are instrumental in fulfilling their potential as engines of economic prosperity and hubs for sustainability. ‘Creating Livable Asian Cities’ examines the region’s urbanization challenges and presents solutions across […]

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European Commission Approves €400 Mn Renewable Energy aid for Denmark

The European Commission has approved an aid scheme worth EUR 400 million to help Denmark reach its renewable energy targets The European Commission has approved, under EU State aid rules, a Danish aid scheme to support electricity production from renewable sources. The measure will help Denmark reach its renewable energy targets without unduly distorting competition […]

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EV Startup Arrival Partners With Uber For Electric Ride-Hailing Car

UK based electric vehicle EV startup, Arrival has announced its partnership with a ride-hailing giant Uber, to work on an electric vehicle (EV) for the ride-hailing industry. Both the companies will be working together to develop an affordable, purpose-built EV for ride-hailing drivers and will be designed in partnership with Uber drivers. The EV has […]

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Solid Power Raises $130 Million, Ford & BMW Expands Partnership

Solid Power, maker of all-solid-state rechargeable batteries for electric vehicles (EVs) has announced raising USD 130 million in investmentments in its Series B. The investment was led by three giants including, Ford Motor Company, BMW Group, and Volta Energy Technologies. Interestingly, Ford and BMW have also extended their partnership into Solid Power to secure and […]

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Amp Energy Establishes Renewable Energy Hub of South Australia

Amp Power Australia has announced the establishment of the Renewable Energy Hub of South Australia (REHSA) Amp Power Australia, the Australian operating company of global developer Amp Energy, has announced the establishment of the Renewable Energy Hub of South Australia (REHSA); a strategic portfolio of large-scale integrated Solar PV, Wind and Battery Energy Storage System […]

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Waaree Praises PLI but Says Indian PV Manufacturers Facing Challenges

Mumbai-headquartered solar PV module manufacturer Waaree Group has expressed appreciation for the government’s recently announced Production Linked Incentive (PLI) scheme and has highlighted the challenges currently facing Indian manufacturers of solar power generation equipment. Chairman and Managing Director Hitesh Doshi believes that the PLI scheme will boost the country’s manufacturing sector, which is paramount today. He […]

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PLI Scheme for Manufacturing of High Efficiency PV Modules a Positive for Domestic OEMs: ICRA

The Ministry of New & Renewable Energy (MNRE) has notified the guidelines for the Production- Linked Incentive (PLI) scheme to promote the domestic manufacturing of high-efficiency solar modules and thereby reduce dependence on imports in the solar power sector. The scheme has been approved with a financial outlay of Rs. 4500-crore over a period of […]

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North-West Europe has Potential to Lead Hydrogen Adoption: IEA & CIEP

Joint IEA-CIEP study shows the region is well placed to lead hydrogen adoption for clean energy transitions, but greater cooperation and policy implementation is required to accelerate deployment. North-West Europe has a well-developed hydrogen industry that could be at the edge of an unprecedented transformation should governments keep raising their ambitions for reducing greenhouse gas […]

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