Grid

thumbnail
REC Signs $215 Million Loan Agreement with KfW to Reform Indian DISCOMs

Public infrastructure finance company REC Limited has signed a €200 million (~$215 million) loan agreement with German bank KfW. The loan will be used to undertake...

December 11, 2023

/

Staff

/

Grid

,

Market & Policy
thumbnail
Bihar’s New EV Policy to Offer ₹125,000 in Incentives for New Purchases

Bihar’s New Electric Vehicle (EV) Policy aims to accelerate the adoption of electric vehicles and the implementation of EV charging stations in the state, ensuring EVs...

December 8, 2023

/

Satish Shetty

/

Electric Vehicles

,

Grid

,

Market & Policy
thumbnail
ChargePoint’s Q3 Revenue Drops 12% YoY as Demand for Charging Infra Dwindles

Electric vehicle (EV) charging solution provider ChargePoint’s revenue for the third quarter (Q3) of 2023 came in at $110.3 million, a 12% year-over-year (YoY) decrease...

December 7, 2023

/

Gautamee Hazarika

/

Electric Vehicles

,

Market & Policy
thumbnail
EV Manufacturers Received ₹52 Billion in Subsidies Until December 1, 2023

Subsidies worth ₹52.28 billion (~$627 million) have been disbursed to electric vehicle (EV) manufacturers on the sale of ~1.15 million EVs, as of December 2023, in a bid...

December 6, 2023

/

Staff

/

Electric Vehicles

,

Grid
thumbnail
EU Proposes Action Plan for Faster Rollout of Electricity Grids

The European Commission has proposed an action plan to ensure that electricity grids in the European Union (EU) operate efficiently and are rolled out further and faster....

November 30, 2023

/

Staff

/

Grid

,

Other
thumbnail
CERC Approves Charges of ₹249 Million for Fatehgarh Transmission Project

Central Electricity Regulatory Commission (CERC) has approved an annual transmission charge of ₹248.67 million (~$2.98 million) as per the final offer by Apraava Energy...

November 29, 2023

/

Arjun Joshi

/

Grid

,

Market & Policy
thumbnail
Government Mandates Blending of Compressed Biogas in CNG and PNG

In a move to enhance the adoption of Compressed Biogas (CBG) and foster sustainable energy practices, the National Biofuels Coordination Committee, chaired by Union...

November 27, 2023

/

Gautamee Hazarika

/

Biofuel

,

Market & Policy
thumbnail
Grid Modernization Key to Renewables Integration: Sterlite Power Interview

Integrating solar and wind power requires a resilient grid to ensure a consistent and reliable energy supply. As India targets 500 GW of renewables by 2030, a stable...

November 27, 2023

/

Gautamee Hazarika

/

Grid

,

Market & Policy

,

T&D
thumbnail
Electric Mobility Company Baaz Bikes Raises $8 Million

New Delhi-based electric vehicle company Baaz Bikes has announced the completion of its Series A funding round, raising $8 million. The funding round was led by...

November 22, 2023

/

Staff

/

Electric Vehicles

,

Grid
thumbnail
CESL Invites Bids to Procure 3,600 Electric Buses under PM-eBus Sewa Initiative

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has invited bids to select an operator for the...

November 21, 2023

/

Gautamee Hazarika

/

Electric Vehicles

,

Grid

,

Tenders & Auctions
thumbnail
US Announces $3.5 Billion to Strengthen Domestic Battery Manufacturing

The U.S. Department of Energy (DOE) has announced funding of $3.5 billion to boost domestic production of advanced batteries and battery materials. The initiative aims...

November 16, 2023

/

Gautamee Hazarika

/

Energy Storage

,

Grid
thumbnail
CEA Recommends Measures for EV-to-Grid Charging

The Central Electricity Authority (CEA) has suggested measures to standardize and ensure the interoperability of batteries to facilitate the integration of electric...

November 15, 2023

/

Gautamee Hazarika

/

Electric Vehicles

,

Grid
thumbnail
Hyundai to Manufacture 200,000 EVs Annually at New South Korea Plant

Car maker Hyundai Motors is setting up a new electric vehicle (EV) plant in Ulsan, South Korea, with an investment of KRW2 trillion ($1.53 billion). The construction for...

November 13, 2023

/

Staff

/

Electric Vehicles

,

Manufacturing
thumbnail
Solid Power Reports a Net Loss of $15 Million in Q3 2023, Up 22% YoY

Solid Power, which develops all-solid-state battery technology for electric vehicles (EV), recorded a net loss of $15.14 million during the third quarter (Q3) of 2023, a...

November 8, 2023

/

Gautamee Hazarika

/

Electric Vehicles

,

Market & Policy
thumbnail
IndiGrid’s Q2 FY 2024 Profits Plummet to $388.91 Million, Down 69.1% YoY

India Grid Trust (IndiGrid), a power infrastructure investment trust, has recorded a profit of ₹32.3 billion (~$388.91 million) during the second quarter (Q2) of the...

November 8, 2023

/

Gautamee Hazarika

/

Grid

,

Market & Policy

1

2

3

...

84