India’s largest car maker Maruti Suzuki India Ltd will try to develop cars that will run on alternate fuels like ethanol and methanol along with the company’s efforts to launch battery-led pure electric cars and hybrid vehicles in the domestic market, said chairman R.C. Bhargava during the compa... Read more
A UK-based company is eyeing its first revenue earnings from India next year through a joint venture in the energy storage business and is also scouting for more partners in both the energy storage and solar energy segments. Sunderland-based Power Roll has tied up with Delhi-based Deki Electronics ... Read more
It is heartening that India is committed to increase the share of renewable energy in its overall electricity generation mix. The country has set in motion a programme to install 100 GW of solar photovoltaic (PV) plants and 60 GW of wind turbine plants by 2022. This is a commendable step towards a 1... Read more
India’s fight against pollution has a new hero in Toyota Motor Corp., the world’s top automaker by volume. Toyota’s Bidadi plant near India’s software hub of Bengaluru has been declared the greenest among 56 plants run globally by the Japanese company. At least 56 million units of energy, o... Read more
Ontario's Global Adjustment (GA) charge is creating a behind-the-meter energy storage boom. Energy storage developers are flocking to Ontario offering large industrial customers tools to cut their demand, which is directly linked to the level of GA charge they have to pay. Industrial customers have... Read more
Saudi Arabia's sovereign wealth fund may invest in luxury electric vehicle startup Lucid Motors, according to Reuters, which reports that recent discussions could result in the Saudis eventually investing over $1 billion and obtaining majority ownership. Why it matters: The report comes just days a... Read more
VE Commercial Vehicles (VECV), a joint venture of Volvo Group and Eicher Motors, is developing a slew of products, including a complete range of electric vehicles for public transportation , Eicher Motors MD & CEO Siddhartha Lal said. The company, which has earmarked a capex of Rs 500 crore for... Read more
In the first phase of India’s electric vehicle (EV) revolution, scooters, autorickshaws (three-wheeler) and intra-city buses must be made electric, Narasimhan Santhanam, cofounder and director of Energy Alternatives India (EAI), said on Friday. Speaking at the Electric Vehicle (EV) Summit 2018, he... Read more
Exicom, an energy storage solutions provider, has won the tender floated in March 2018 by the National Thermal Power Corporation (NTPC) for installing EV charging stations in Jabalpur, Madhya Pradesh. The EV charging infrastructure will include 120 kW and 50 kW EV off-board DC chargers for electric... Read more
It was in June this year, Magenta Power set up a solar-based electric vehicle charging station. Magenta, a renewable energy solution provider in association with Exicom, installed the DC fast charger in Navi Mumbai with a promise that it would expand by year end. And now, the company has built India... Read more
In a recent notification by the Ministry of Road Transport and Highways (MoRTH), the Motor Vehicles Act 1989 will be amended to allow retro-fitment of a hybrid or an electric system on an existing vehicle. The yet to be approved notification (Rule 115-D) has been put forward in a bid to reduce vehic... Read more
The Ministry of New and Renewable Energy (MNRE) has amended the National Wind-Solar Hybrid Policy to remove the word ‘battery’ from the relevant clauses in order to broaden the definition of the term “storage” and facilitate the growth of the sector. In its notification, the ministry said t... Read more