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Suzlon Posts Q3 FY21 Results, Records Loss of Rs 118 Crore

Suzlon Group has reported its Q3 FY21 results, the firm has witnessed a steady growth in revenue and production/ installation capacity. Suzlon Group, one of India’s largest wind energy developers and renewable energy solutions provider, has reported its third-quarter results for the financial year 2020-21 (Q3 FY21). The theme of the quarter for the firm […]

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Palantir & bp Deepen Partnership, Accelerate Energy Transition

Palantir Technologies Inc. and bp have extended their partnership to support bp as it works towards its ambition to become a net zero company by 2050 or sooner, and to help the world get to net zero. Palantir will provide its software to bp at the enterprise level, with global deployment across the organization in […]

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Ford Raises Investment in EV & AV Leadership Up To $29 Billion

US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […]

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Finance Ministry Permits AP to Borrow Additional Rs 1515 Cr for Power Sector Reforms

The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. The Finance Ministry has allowed Andhra Pradesh to borrow an additional Rs 1515 crore for undertaking power sector reforms. As part of the reforms, the state has started the Direct Benefit Transfer (DBT) scheme of electricity subsidy to farmers with effect from September 2020. Thus, it […]

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Renewance Receives Battery Recycling Prize from the US Department of Energy

Illinois-based battery-lifecycle management company Renewance has been awarded for innovations in battery collection, reuse, and recycling. Battery-lifecycle management company Renewance, Inc., was one of seven recipients of the Phase II Lithium-Ion Battery Recycling Prize, awarded by the U.S. Department of Energy (DOE), on December 17, 2020. The Battery Recycling Prize supports the DOE’s Energy Storage Grand Challenge, […]

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Earth Energy EV Uncovers Three new Indigenous Electric Two Wheelers

Mumbai based automotive startup, Earth Energy EV has launched its three all-new electric two-wheelers (E2Ws) Glyde+ scooter, and two motorcycles; Evolve R & Evolve Z, for Rs 92,000, Rs 1.30 lakh, and Rs 1.42 lakh, respectively. The company announced them as the on-road prices of the E2Ws that are absolutely indigenous.  However, the Glyde+ e-scooter […]

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Siemens Gamesa Selected for 3.1 GW East Anglia Hub Offshore Project

SPR has selected Siemens Gamesa as the preferred bidder to supply and install offshore wind turbines at the GBP 6.5 billion East Anglia Hub. ScottishPower Renewables (SPR), a part of the Iberdrola Group, has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred bidder to supply and install some of the world’s most powerful and […]

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Siemens Gamesa Renewable Energy Selects Infosys to Deliver ERP System

Infosys has been selected by Siemens Gamesa as a strategic partner for SAP S/4HANA implementation to deliver a globally harmonised ERP system. Infosys, a global leader in next-generation digital services and consulting, has been selected by Siemens Gamesa Renewable Energy (SGRE), a global leader in the renewable energy industry, as a strategic partner for SAP S/4HANA implementation to […]

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Ather Energy Inaugurates New Electric Scooter Plant in Hosur, Tamil Nadu

Bengaluru based electric two-wheeler (E2W) startup, Ather Energy has started its new 4 lakh square feet E2W manufacturing plant in Hosur, Tamil Nadu. The company had signed a Memorandum of Understanding (MoU) with the government of Tamil Nadu in December 2019, for a 4 lakh square feet electric vehicle (EV) manufacturing plant. Guidance TN, Tamil […]

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