electrification

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Rising Demand for Electric Vehicles Fuels 35% Sales Growth Forecast in 2023

Over 10 million electric cars were sold globally in 2022, and the sales are anticipated to increase by 35% this year, reaching a total of 14 million, finds a report by...

April 27, 2023

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Gautamee Hazarika

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Electric Vehicles

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Other

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Renewable Energy
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US Opens Applications for $2.5 Billion Program to Build EV Infrastructure

The Biden-Harris Administration opened applications for a new multi-billion-dollar program to fund electric vehicle (EV) charging and alternative-fuelling infrastructure...

March 15, 2023

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Gautamee Hazarika

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Electric Vehicles

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Finance and M&A
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EV Startup FreshBus Raises ₹260 Million Seed Investment from ixigo

Bengaluru-based electric vehicle startup FreshBus has secured ₹260 million (~$3 million) in seed funding from ixigo, an AI-based travel app, for the launch of inter-city...

February 17, 2023

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Gautamee Hazarika

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Electric Vehicles

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Energy Efficiency

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Finance and M&A
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Electric Vehicle Chargers Spending to Hit $200 Billion by 2026: BNEF

Total investment in electric vehicle chargers is set to cross $100 billion in 2023, and the next $100 billion of spending is expected to be achieved within the next...

February 1, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Rajesh Exports Signs Agreement for 5 GWh Lithium-Ion Cell Factory in Karnataka

Bengaluru-headquartered Rajesh Exports, through its subsidiary ACC Energy Storage, has signed an agreement with the Union Ministry of Heavy Industries (MHI) and the...

January 25, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Search for Clean Energy Sources Needs $45.8 Trillion Investments by 2050

The search for clean and secure sources of low-carbon power — including fossil fuel-fitted with carbon capture technology — may present as much as a $45.8 trillion...

January 20, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Tech Firm Entuple E-Mobility Secures $3 Million in Pre-Series A Funding

Electric powertrains technology company Entuple E-Mobility has raised $3 million in pre-series A funding from Blue Ashva Capital and Capital A, to enhance the company’s...

January 12, 2023

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Gautamee Hazarika

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Finance and M&A

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Other

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Renewable Energy
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Prices Discovered in Electric Bus Tender 29% lower than Diesel Buses: CESL

Convergence Energy Services Limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), said that the prices discovered for the largest e-bus...

January 3, 2023

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Gautamee Hazarika

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Other

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Renewable Energy
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Top Developments That Shaped the Electric Vehicle Industry in 2022

The rapid adoption of electric vehicles (EVs) and their increasing popularity indicate they are no longer a short-term trend but a viable alternative to internal...

December 26, 2022

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Gautamee Hazarika

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Electric Vehicles

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Market & Policy
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Battery Tech Company Group14 Completes $614 Million Series C Funding Round

Global manufacturer of advanced silicon battery technology Group14 Technologies said it has raised $214 million in additional financing and completed its $614 million...

December 15, 2022

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Gautamee Hazarika

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Energy Storage

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Finance and M&A
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Daily-News Wrap-Up: Iberdrola Announces €47 Billion For Energy Transition

Here are some noteworthy cleantech announcements of the day from around the world: Spain-based electric utility company Iberdrola announced a record investment plan of...

November 10, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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CO2 Emissions from Fossil Fuels Drop Globally Due to Expansion of Renewables: IEA

Carbon dioxide (CO2) emissions from fossil fuel combustion globally are expected to grow by just under 1% this year as the strong expansion of renewables and electric...

October 20, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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Renewable Energy to Make Up for 50% of the Global Energy Mix by 2050, says DNV Study

Renewables will cut the conventional energy share in the overall energy mix to just below the 50% mark in 2050, according to a study by the Norwegian independent energy...

October 17, 2022

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Gautamee Hazarika

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Other

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Renewable Energy
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646,439 Rural Households in West Bengal Electrified Under SAUBHAGYA Program

The West Bengal Electricity Regulatory Commission (WBERC) has approved an investment proposal of ₹2.42 billion (~$32.92 million) by the West Bengal State Electricity...

December 4, 2020

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Rakesh Ranjan

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Grid

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T&D
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ADB Extends Nearly $133 Million to Modernize Meghalaya’s Power Distribution System

The Asian Development Bank (ADB) announced that it has approved a $132.8 million loan to modernize the power distribution network in Meghalaya. The loan will be utilized...

November 6, 2020

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Harsh Shukla

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Grid

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Market & Policy

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