Daily News Wrap-Up: Dabur to Add 100 EVs for Last-Mile of Product Distribution
EKA signs an MoU with Log9 for battery solutions for its new electric bus range
April 20, 2022
Here are some noteworthy cleantech announcements of the day from around the world:
Dabur India announced its plans to introduce a fleet of 100 electric vehicles (EVs) into its supply chain for the last mile of product distribution in the next 12 months. The first batch of the new Electric Vehicles has been inducted into its fleet in North India and has commenced deliveries in Haryana’s Sonepat area. This would make Dabur the first domestic consumer goods company to have a fleet of electric vehicles for distribution, helping it move closer to achieving carbon neutrality in its operations.
EKA, an electric vehicles & technology company, and a subsidiary of Pinnacle Industries Limited, signed a memorandum of understanding (MoU) with Bengaluru-headquartered advanced battery technology start-up Log9 Materials. The long-term strategic collaboration is aimed to provide Log9 fast-charging advanced battery solution RapidX for EKA’s new energy vehicles, including their recently launched pure electric bus range, EKA E9, and soon-to-be-launched range of light commercial vehicles. Log9’s RapidX batteries are the first-of-its-kind batteries in India for electric buses and small commercial vehicles that come with a 15-years warranty, a long cycle life of greater than 15,000 charge-discharge cycles and are powered by InstaCharge battery technology, which enables charging time of less than 30 minutes on both the light commercial vehicle and e-Bus platforms of EKA.
Tirex Transmission, an Ahmedabad-based electric vehicle (EV) charger manufacturing company, announced the infusion of $2 million from an ultra high net worth individual (HNI) investor. The funding will help Tirex Transmission’s growth and R&D efforts for international markets where the U.S. is the first country of focus. To scale up operations to make the best of the growth curve, the company had approached GetFive Corporate Advisors LLP, an Ahmedabad-based boutique Investment Banking and M&A Transaction Advisory firm, for raising funds. Tirex offers a complete range of fast & slow EV chargers for four-wheelers, commercial & passenger buses, trucks, and more, with a wide voltage range from 3.3 kW to 360 kW and all different connectors.
Lightsource bp – the renewables joint venture between UK solar company Lightsource and the global oil giant BP – has revealed new plans for the Gundary Solar Farm project, a 400 MW solar farm and battery energy storage system (BESS) near Goulburn in New South Wales. The project is located 13 kilometers south of Goulburn, New South Wales, within the local government area of Goulburn-Mulwaree Council. It is expected to generate 800,000 MWh annually, equivalent to powering 133,000 houses, and help save 640,000 tonnes of carbon emissions.
SFC Energy, a supplier of hydrogen and methanol fuel cells for stationary and mobile hybrid power solutions, signed the “Make in India” agreement with its long-time partner FC TecNrgy (FCTec) and launched the EFOY Hydrogen Platform. The companies will jointly manufacture all components of its EFOY hydrogen and EFOY methanol fuel cells and energy solutions in India. The EFOY Hydrogen 2.5 is a modular hydrogen fuel cell solution that meets the highest demands of professional users. As an emission-free replacement for diesel generators, the EFOY Hydrogen offers an innovative solution to a wide range of user industries that can be easily adapted to any application.
Quantum Power Asia, the developer of Indonesia’s first utility-scale solar photovoltaic (PV) plant, and German solar energy turnkey solutions provider, ib vogt, announced a partnership to build a $5 billion solar generation and storage facility that can export up to 4 TWh of renewable energy to Singapore annually. The project covering more than 4,000 hectares in the Riau Islands south of Singapore will generate more than 3.5 GW of solar power and store 12 GWh of renewable energy, intended to export to Singapore via an undersea cable.