Nissan expects to mass produce electric vehicles powered by advanced next-generation batteries by early 2029, the company said Tuesday during a media tour of an unfinished pilot plant. Japan’s legacy automakers have fallen behind newer rivals like America’s Tesla and China’s BYD in the emerging all-electric auto sector. But Nissan, like other companies, sees a […]
Category: Power
Power
OnEv aims to induct 500 electric three-wheelers and 100 electric four-wheelers in FY2025
Kissan Mobility (OnEv), a start-up based out of NCR, founded by Kamlesh Kaushik plans to introduce 500 electric three-wheelers (L5) and 100 electric passenger four-wheelers in the current financial year 2024-25, with a plan to scale it up to 2,000 EVs within two years. The start-up which is celebrating its first anniversary not only plans […]
Adani Green Energy posts operational capacity increase of 35% YoY at 10,934 MW during FY24
Adani Green Energy Limited on Monday announced that its operational capacity has increased by 35 per cent on-year to 10,934 MW with greenfield addition of 2,418 MW solar and 430 MW wind power plants. This, it added, includes operationalization of 2,000 MW as part of ongoing development of the 30,000 MW RE project in Khavda, […]
Ionage plans to integrate 1 lakh EV chargers by 2028
Ionage, a Bengaluru-based leading eMobility service provider, is working for integrating a network of over 100,000 EV chargers into its roaming platform. This initiative aims to empower over 10,000 Small and Medium Businesses (SMBs) to enter the EV charging sector by the year 2028. Established in September 2021, the Ionage products aim to enhance the […]
Indosol Solar aims to complete Rs 15,000 crore ingot to module unit by 2025
Indosol Solar aims to complete phase-1 of its multi-crore integrated solar module project in Andhra Pradesh by 2025, said Sharat Chandra, CEO of parent SSEL Group, on Thursday. Under the phase-1, Indosol Solar is investing Rs 15,000 crore to set up 5 gigawatts (GW) of modules, 5 GW wafers, 5 GW ingot, and 5 GW […]
Centre to develop plant for recycling lithium-ion batteries, e-waste in Uttarakhand
The Technology Development Board (TDB), under the Department of Science and Technology (DST), on Tuesday said it has partnered with startup Remine India to develop a commercial plant for recycling lithium-ion (Li-ion) batteries and e-waste using indigenous technology in Uttarakhand. Through the agreement signed recently, the TDB pledged financial assistance of INR 7.5 crore out […]
IREDA logs highest-ever loan sanctions, disbursements in FY23-24
State-owned Indian Renewable Energy Development Agency (IREDA) on Tuesday said that it has recorded its highest-ever annual loan sanctions and disbursements in fiscal 2023-24. The company has sanctioned loans amounting to Rs 37,354 crore and disbursed loans worth Rs 25,089 crore during the fiscal year 2023-24, an IREDA statement said. According to the statement, this […]
Power ministry initiates joint R&D in energy domain with focus on sustainable development goals
The National Power Training Institute (NPTI) and Power Trading Corporation of India Limited (PTC) have signed a memorandum of understanding (MoU) to establish a Centre of Excellence (CoE) for Research and Development (R&D). The Union Ministry of Power in a press release said this collaboration aims to address pressing challenges in the energy domain while […]
NTPC clocks 50% growth in mine output in FY24, records all-time high power generation
India’s largest power generating company, NTPC or National Thermal Power Corporation has clocked 55 per cent growth in coal despatches along with 50 per cent expansion in output across all mines in FY24, as compared to last year. The company also recorded an all-time high annual electricity generation of 422 billion units in the fiscal […]
Just 5% may purchase electric cars this year, most want EVs under INR 10 lakh: Survey
Only 5 % of those looking to buy a four-wheeler in the country are likely to buy an electric car this year, according to a survey. The survey, based on the response of 40,000 people from across 319 districts, also found that more than half of the “existing or prospective car owners” are willing to […]
India hydropower output records steepest fall in nearly four decades
India’s hydroelectricity output fell at the steepest pace in at least 38 years during the year ended March 31, a Reuters analysis of government data showed, as erratic rainfall forced further dependence on coal-fired power amid higher demand. The 16.3% drop in generation from the country’s biggest clean energy source coincided with the share of […]
EDF plans partial sale of India clean energy assets
French energy company Electricite de France SA (EDF) plans to partially divest its clean energy assets in India as part of efforts to pare its debt of more than $50 billion, said multiple people aware of the development. EDF Renewables India has 530 MW of operational assets in Rajasthan and Gujarat. Presently, EDF has a […]