Zypp Electric, a last-mile delivery EV startup that uses electric scooters has announced the launch of its services in Hyderabad. The company has started its operation with 100 EV bikers in Hyderabad. With the launch in Hyderabad, Zypp has entered the first city for Zypp Electric to start its operations in Southern India. The startup […]
Category: Power
Power
CESL signs pacts with Goa and Kerala to procure electric two- and three-wheelers
NEW DELHI : State-run Convergence Energy Services Ltd (CESL) on Saturday inked agreements with Goa and Kerala to procure over 30,000 electric two-wheelers and three-wheelers. Mint on Friday reported about CESL’s plans to supply electric vehicles (EVs) to the states in a boost to India’s ambitious plans for green mobility. The Energy Efficiency Services Ltd’s […]
Elon Musk has been dragging Bitcoin where it dreaded to go
Bitcoin uses a lot of electricity. So do electric cars, space travel and civilization in general, but few things burn energy so shamelessly. To assuage critics, Elon Musk and Michael Saylor announced late last month that Bitcoin miners in North America had agreed to form the Bitcoin Mining Council, an organization that would promote energy […]
Jack Dorsey’s Square to invest $5 million to build solar-powered bitcoin mine
American payments firm Square is partnering with blockchain technology provider Blockstream Mining to build a solar-powered bitcoin mining facility. The payments firm, led by Twitter CEO Jack Dorsey, will invest $5 million for the facility. “The facility will be a proof-of-concept for a 100% renewable energy bitcoin mine at scale with the economics of the […]
Bengaluru international airport saved 22 lakh units of energy in FY 20-21: BIAL
The Kempegowda International Airport has achieved net energy neutral status in the Financial Year 2020-21 as part of its sustainability goals, Bangalore International Airport Ltd (BIAL), which operates the airport said. “As an outcome of energy conservation, BIAL has been able to save nearly 22 lakh units of energy in the Financial Year 2020-21, enough […]
NHPC to lease electric vehicles, fast charging devices from EESL
NEW DELHI: NHPC Ltd, a state-owned hydropower company, has signed an agreement with Energy Efficiency Services Ltd (EESL), a public sector unit under the ministry of power, for leasing of 25 electric vehicles and three fast charging devices to be used by its officials. The company said with the induction of these new vehicles, it […]
Power Grid Corporation takes over two new transmission SPVs
New Delhi: State-run Power Grid Corporation of India Ltd (PGCIL) has taken over two special purpose vehicles (SPVs)—Fatehgarh Bhadla Transco Ltd and Sikar New Transmission Ltd—that it had won in competitive bidding conducted by REC Power Distribution Company Ltd. PGCIL is the first state-owned company to offer an infrastructure investment trust (InvIT) as part of […]
Gujarat discoms sign pacts for 3,979 solar projects with 2,500 MW capacity
Gujarat’s four public-owned electricity distribution companies have signed power purchase agreements (PPAs) for 3,979 small-scale distributed solar projects with aggregate capacity of 2,500 MW, the government said on Saturday. These small-scale distributed solar projects, to be commissioned within the next 18 months, will bring in an investment of over ₹10,000 crore in the state for […]
CESL signs MoU for 65 MW decentralized solar capacity with Meghalaya, Ladakh
NEW DELHI: Energy Efficiency Services Ltd (EESL) unit Convergence Energy Services Ltd (CESL) on Saturday signed a memorandum of understanding (MoU) with Meghalaya and Ladakh for setting up a 65 MW decentralised solar capacity. EESL is a state-owned enterprise. Ensuring reliable and uninterrupted power supply to households in these far-flung areas comes against the backdrop […]
h2e Power to develop India’s first hydrogen 3-wheeler
Mumbai: Pune-based h2e Power Systems, part of the Poonawalla Group, is developing India’s first totally integrated hydrogen fuel cell three-wheeler using PEM (proton-exchange membrane) fuel cell and innovative hydrogen cylinders, the company said on Friday. These three-wheelers are being developed in collaboration with Canada-based Hydrogen in Motion under an Indo-Canadian program funded by Gita, a […]
How China beat three US presidents to become the world’s solar champion
For Mayor Tom Hughes and the other politicians gathered to cheer the opening of a $440 million solar panel plant in Hillsboro, Oregon, it was a moment of glory. The arrival of SolarWorld AG promised to be a turning point for his hometown just west of Portland. “Not just because of SolarWorld itself,” Hughes recalled, […]
India’s low electricity demand may continue till July: S&P Global Platts
NEW DELHI: With the second wave of the coronavirus pandemic keeping a large part of India’s population indoors, the country’s electricity demand dipped in May, according to S&P Global Platts. India’s low power demand scenario may continue till July. This assumes importance given that energy consumption, especially electricity and refinery products, usually linked to overall […]