Pune Municipal Corporation Invites Bids to Set Up Electric Vehicle Charging Stations

Pune Municipal Corporation Invites Bids to Set Up Electric Vehicle Charging Stations

Pune Municipal Corporation (PMC) invites proposals for the commissioning, operation, and maintenance of electric vehicle (EV) charging stations for the public at designated locations in Pune. PMC has issued a ...
Goa Invites Bids to Set Up 40 Electric Vehicle Charging Stations

Goa Invites Bids to Set Up 40 Electric Vehicle Charging Stations

Goa Energy Development Agency (GEDA) invites expressions of interest cum bids for the commissioning, operation, and maintenance of 40 electric vehicle (EV) charging stations at various locations in Goa. The ...
Bids Invited for ISTS Projects Under Western Region Expansion Plan

Bids Invited for ISTS Projects Under Western Region Expansion Plan

PFC Consulting, a wholly-owned subsidiary of Power Finance Corporation, has invited bids to set up interstate transmission system (ISTS) projects under the Western Region Expansion Program (WRES-XXVII) on a build, ...
/ / Grid, T&D
Battery Manufacturing Startup Clean Electric Raises $2.2 Million in Seed Fund

Battery Manufacturing Startup Clean Electric Raises $2.2 Million in Seed Fund

Clean Electric raised $2.2 million in a seed round led by a Bengaluru-based early-stage venture capital firm Kalaari Capital, to produce 5,000 electric vehicles (EV) battery packs monthly from a ...
LDES, United States, Department of Energy, Biden-Harris Administration

US Announces $350 Million for Long-Duration Energy Storage Demonstration Projects

The Biden-Harris Administration has announced a $350 million fund for Long-Duration Energy Storage (LDES) demonstration projects. These storage projects are built to deliver electricity for up to 10 to 24 ...
GreenCell Raises $40 Million Funding from ADB to Develop Electric Buses

GreenCell Raises $40 Million Funding from ADB to Develop Electric Buses

The Asian Development Bank (ADB) has inked a $40 million financing package with India-based shared electric mobility company GreenCell Express (GEPL) to develop 255 battery-powered electric buses (e-buses). The e-buses ...
/ / Electric Vehicles, Grid
CERC Yet to Act on ISTS Charges Waiver for Open Access Solar Proposed by Ministry of Power

CERC Yet to Act on ISTS Charges Waiver for Open Access Renewables Proposed by Ministry of Power

Nearly a year after the Ministry of Power (MOP) extended the timeline and widened the scope for waiver of the interstate transmission system (ISTS) charges for renewable energy projects, the ...
EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

EV Financing Platform Revfin Raises $10 Million to Expand Operations Across 25 States

Electric Vehicle (EV) financing platform for individuals Revfin has closed a Series A funding round of $10 million in a combination of equity and debt. The funding round was led by ...
Tesla Records $21.5 Billion in Revenue and 2.1 GWh Energy Storage Deployments in Q3 2022

Tesla Records $21.5 Billion in Revenue and 2.1 GWh Energy Storage Deployments in Q3 2022

Tesla recorded total revenues of $21.5 billion in the third quarter (Q3) of 2022, a 57% year-over-year increase compared to $13.7 billion in Q3 2021 and a quarter-over-quarter (QoQ) leap ...
Gap Between DISCOMs’ Cost of Supply and Revenue Increases to ₹0.95kWh in FY21

Gap Between DISCOMs’ Cost of Supply and Revenue Increases to ₹0.95/kWh in FY21

The Average Cost of Supply (ACS) for distribution companies (DISCOMS) increased from ₹6.14 (~$0.074)/kWh in financial year (FY) 2019-20 to ₹6.19 (~$0.074)/kWh in FY 2020-21. The Average Revenue Realized (ARR) ...
Electric Two and Four-Wheeler Sales Increase 183% YoY in Q3 2022

Electric Two and Four-Wheeler Sales Increase 183% YoY in Q3 2022

Retail sales of electric vehicles (EVs) clocked 257,278 units in the third quarter (Q3) of the calendar year 2022. This represents a 183% year-over-year (YoY) growth compared to the 90,831 ...
Average AT&C Losses for DISCOMs Increases to 22.32% in FY21

Average AT&C Losses for DISCOMs Increases to 22.32% in FY21

The average aggregate technical and commercial (AT&C) losses for distribution companies (DISCOMs) at the national level increased from 20.73% in the financial year (FY) 2019-20 to 22.32% in FY 2020-21 ...
/ / Grid, Markets & Policy
West Bengal Tenders 205 EV Charging Stations to be Installed Across the State

West Bengal Tenders 205 EV Charging Stations to be Installed Across the State

West Bengal State Electricity Distribution Company (WBSEDCL) has invited bids for the supply, installation, operation, and maintenance of the electric vehicle (EV) charging stations and battery swapping stations. The stations ...
/ / Electric Vehicles, Grid
Uttar Pradesh Announces a Slew of Incentives for EV and Battery Manufacturing

Uttar Pradesh Announces a Slew of Incentives for EV and Battery Manufacturing

Uttar Pradesh will provide a 30% base capital subsidy for the first two integrated electric vehicle (EV) and ultra-mega battery projects up to a maximum of ₹10 billion (~$121.43 million) ...
CERC to Evaluate Pricing Methodology in Power Exchanges, Invites Stakeholder Comments

CERC to Evaluate Pricing Methodology in Power Exchanges, Invites Stakeholder Comments

The Central Electricity Regulatory Commission (CERC) has issued a discussion paper on pricing methodology in the power trading market in the wake of price spikes and unprecedented demand in the ...
/ / Grid, Market & Policy
Transmission Infrastructure for 66.5 GW of Renewable Energy Zones to be Set up by 2022

Transmission Infrastructure for 66.5 GW of Renewable Energy Zones to be Set Up By 2022

The government is working towards setting up transmission systems for renewable energy zones with 66.5 GW of capacity by the end of 2022 to integrate non-fossil fuel energy sources with ...
/ / Grid, T&D
Chandigarh's EV Policy Targets 70% of All Vehicles to Be Electric by 2027

Chandigarh’s EV Policy Targets 70% of All Vehicles to Be Electric by 2027

Chandigarh has targeted 70% of all new vehicle registrations in the Union Territory (UT) to be electric vehicles (EVs) in the next five years. As per the recently issued Chandigarh ...
Amazon to Invest €1 Billion to Decarbonize its Transport Network in Europe

Amazon to Invest €1 Billion to Decarbonize its Transport Network in Europe

E-commerce conglomerate Amazon plans to invest over €1 billion (~$973 million) until 2027 to further electrify and decarbonize its transportation network across Europe. The investment will involve delivering packages to ...
217,000 Solar Mini Grids Needed by 2030 to Provide Power to Half a Billion People

217,000 Solar Mini Grids Needed by 2030 to Provide Power to Half a Billion People

The world will require over 217,000 solar mini grids at a cumulative cost of $127 billion by 2030 to provide power to half a billion people globally, a report by ...
EoI Issued to Empanel Lending Institutions for Financing EVs Across India

EoI Issued to Empanel Lending Institutions for Financing EVs Across India

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has issued an expression of interest (EoI) to empanel financial institutions to finance electric vehicles ...
/ / Electric Vehicles, Grid
Implementation of Revisions to EV Battery Testing Standards Postponed

Implementation of Revisions to EV Battery Testing Standards Postponed

The Ministry of Road Transport and Highways (MoRTH) has extended the implementation of amendments to Electric Vehicle (EV) battery testing standards from October 1, 2022, to December 2022 and March ...
Market Clearing Price Cap of ₹12/kWh in Power Exchanges Valid Until December-end

Market Clearing Price Cap of ₹12/kWh in Power Exchanges Valid Until December-end

The Central Electricity Regulatory Commission (CERC) has ruled that the power exchanges should continue to allow members to quote a price in the range of ₹0/kWh to ₹12(~$0.15)/kWh in the ...
/ / Grid, Market & Policy
Hertz and bp to Develop Network of EV Charging Stations in North America

Hertz and bp to Develop Network of EV Charging Stations in North America

The Hertz Corporation, a subsidiary of American car rental company Hertz Global Holdings, and global energy business conglomerate bp, inked a memorandum of understanding to develop a national network of ...
EV Charging Infrastructure to be Set Up Along 75,000 Miles of Highways in the U.S.

EV Charging Infrastructure to be Set Up Along 75,000 Miles of Highways in the U.S.

The U.S. Department of Transportation has approved Electric Vehicle Infrastructure Deployment Plans for all 50 States covering approximately 75,000 miles of highway across the country. With this approval, all States ...
Empanelment Tender Floated to Set Up 738 EV Charging Stations Across India

Empanelment Tender Floated to Set Up 738 EV Charging Stations Across India

Rajasthan Electronics and Instruments (REIL), a joint venture between the center and the Rajasthan government, has issued a tender to empanel agencies to identify locations, install, operate & maintain 738 ...
/ / Electric Vehicles, Grid