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Floating Offshore the Next Frontier in Wind Development in APAC: WoodMac

Floating offshore could be the next frontier in wind power development in the Asia Pacific (APAC), according to Wood Mackenzie.  The analysis finds that a significant market for floating offshore technology is emerging in Asia. With developers in Japan, South Korea and Taiwan having announced plans to develop key demonstration projects, although the scale of […]

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XL Fleet Partners With UBS Arena & New York Islanders for 1000 EV Charging Stations

US-based vehicle electrification solutions provider, XL Fleet has announced its partnership with UBS Arena and the New York Islanders to explore the deployment and operation of 1,000 electric vehicle (EV) charging stations at the new UBS Arena. USB Arena is New York’s next premier entertainment and sports venue and future home of a professional ice […]

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Meghalaya to Adopt 15% EVs by 2025, Under EV Policy 2021

The Transport Department of Meghalaya has released the ‘Meghalaya Electric Vehicle Policy 2021’ to facilitate the adoption of at least 15 percent EVs in the State by 2025.  The government has decided to Go Green as it is aiming to add around 20,000 EVs in the State during the policy period. This will save about […]

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REC Limited Raises USD 500 Million Through Bonds

REC Limited has successfully raised USD 500 million 5.5-year Reg-S only bonds issued under its Global Medium Term Programme of USD 7 billion. Proceeds of the bond will be used to finance power projects following the approvals granted by the RBI from time to time and under the ECB Guidelines. This is REC Limited’s eighth […]

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Sungrow Makes a Resolution to Aatmanirbhar Bharat with 10 GW Expansion Plan

Sungrow has reiterated its commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum Sungrow, a leading inverter solution supplier for renewables, has reiterated its long-term commitment to the Indian market by announcing the expansion of local manufacturing capacity to 10 GW per annum, making it the […]

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ReNew Power to be Publicly Listed on the Nasdaq, Valued at $8Bn

Sumant Sinha led Renew Power Private Limited, the country’s leading renewable energy generator has started the process to achieve a listing at the NASDAQ market in the US via the SPAC (Special Purpose Acquisition Company) route. As of December 2020, ReNew had a total capacity of close to 10 GW of wind and solar power […]

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Flipkart to Deploy 25,000 EVs in Supply Chain, Partners with EV Manufacturers

India’s homegrown e-commerce marketplace, Flipkart today announced that it is going to deploy more than 25,000 electric vehicles (EVs) by 2030. This initiative has been taken up to achieve its commitment to transit its logistics fleet into EVs and help set up charging infrastructure around delivery hubs and offices to fast track the EV adoption […]

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3-Wheeler Manufacturer Piaggio Enters EV Industry, Launches Ape e-Xtra FX Segment

The pioneer of 3-wheeler goods transportation in India, Piaggio Vehicles has entered the electric vehicle (EV) industry. Piaggio has launched a new e-cargo segment, Ape’ e-Xtra FX. The company has launched this FX range (fixed battery) of EVs in both the cargo and passenger segments, as it has also launched the 2021 version of its […]

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Amazon India Ties up With Mahindra Electric to Strengthen E-mobility Commitments

Amazon India has announced its partnership with Mahindra Electric to further strengthen its commitment towards electric mobility in the country.  Earlier in 2020, Amazon India had announced that its fleet of delivery vehicles will include 10,000 electric vehicles (EVs) by 2025 in India. These EVs are in addition to the global commitment of 100,000 electric […]

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