The Ministry of New and Renewable Energy (MNRE) is working on a plan that aims at supplying more solar power into the grid, which in turn would renergise stressed thermal projects, officials said Thursday. With solar power tariffs dipping below thermal power, the government is keen on lowering elec... Read more

Bhopal in India’s Madhya Pradesh will soon go truly smart and is currently deploying as many as 400 smart poles to provide seamless Internet access via Wi-Fi hotspots, charging stations for electric vehicles (EV) and weather sensors to measure climate conditions, and is also focusing on area-based... Read more

State-run oil refiner and marketer Indian Oil Corporation Ltd is foraying into energy storage and batteries for running electric vehicles (EVs) in partnership with an overseas start-up, using a non-lithium ion raw material available locally, Chairman Sanjiv Singh said today in Mumbai. “The lithiu... Read more

The government has no specific deadline in mind for automakers to switch to electric mobility or ban the production of petrol and diesel vehicles, Union minister Nitin Gadkari said on Wednesday. “The shift to electric vehicles will happen in a natural progression," road transport and highways min... Read more

California regulators want to direct $100 million in state energy storage incentives to a new class of disadvantaged customers: those living in parts of the state at the highest risk of deadly wildfires. The California Public Utilities Commission issued a proposed decision last week on the “equit... Read more

Tesla and China’s Contemporary Amperex Technology Co. Ltd (CATL) are among the companies that have shown an initial interest in the Indian government’s plan to build large factories to make lithium-ion batteries at an investment of about ₹50,000 crore. Among the other firms that have shown an... Read more

State-run Energy Efficiency Services Limited (EESL) on August 18 said it has signed a 10-year memorandum of understanding (MoU) with Apollo Hospitals Enterprises to install public electric vehicle charging stations in its hospitals across the country. "This is a first such MoU by EESL with a privat... Read more

Bracing for a future with less-polluting fuels, state-run refiner Hindustan Petroleum is planning a pilot programme for swapping batteries of electric two- and three-wheelers at its outlets by December, according to people familiar with the matter. The initiative is aimed at helping the company mai... Read more

Lending to coal-fired power plants in India slumped 90 percent to Rs 6,081 crore in 2018 as against 2017 while the funding for renewable energy projects grew by Rs 1,529 crore to Rs 24,442 crore. Also, most coal-fired project loans came from majority state-owned financial institutions while the majo... Read more

As the global automotive climate shifts towards clean and eco-friendly alternatives to internal combustion engines (ICE), the Indian Government also have been passing regulations and encouraging electric vehicles in the country. The recent cut in GST rates and the FAME II scheme hints at an imminent... Read more

Start-up electric mobility service provider Blu Smart Mobility said on Friday it has raised USD 2.2 million (over Rs 15 crore) from multiple investors led by JITO Angel Network. Investors who participated in the angel round also included Hero MotoCorp, Mayfield Fund, and Centrum, Micromax and few i... Read more

SoftBank Group Corp.’s massive Vision Fund is making its first-ever energy storage bet -- and it’s on a rather unconventional type of battery. The fund, created by Japanese tech giant SoftBank Group Corp., is investing $110 million in Energy Vault, a Swiss startup that’s using cranes and conc... Read more