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Ola Electric raises US$100 million long term debt
This 10-year debt of US$100 million is towards the funding and financial closure of the Phase 1 of the Ola Futurefactory, Ola’s global manufacturing hub for its electric two-wheelers.
Cygni Energy and Attero tie-up for responsible recycling of lithium batteries
Cygni has so far powered over 75MWh of ESS batteries and over 10,000 EVs through its Li-Ion batteries. This partnership with Attero is aimed at reusing and recycling the EV and ESS Li-ion batteries after their end-of-life.
Raj Kumar Singh takes charge as Cabinet Minister of Power and New & Renewable Energy
Raj Kumar Singh assumed charge as Cabinet Minister in the Ministry of Power and Ministry of New and Renewable Energy.
KBL receives patent for dual voltage controller
This patent gives KBL a sustainable competitive advantage as the device can be used to significantly improve the performance of a pump in areas where voltage fluctuation is an issue.
Shell launches ‘digital track’ for start-ups under its E4 Programme
E4 will collaborate with technology venture, government, academia partners, eminent coaches and industry expert mentors to enable digital start-ups to achieve industry readiness and implement strategies for scaling and global expansion in the industrial and energy verticals. Nine start-ups have been selected for the 2021 edition.
ABB India appoints Kiran Dutt as president of its Electrification business
In his new role, Kiran will lead the ABB Electrification business for India, Sri Lanka, and Bangladesh.
SemaConnect introduces partner program for resellers
SemaConnect has installed over 14,000 EV charging stations in North America, while it’s IT development, R&D and manufacturing are based out of India.
CMPDI and CCL ink MoA for solar project development
A Memorandum of Association was signed between Central Mine Planning & Design Institute (CMPDI) and Central Coalfields Ltd (CCL), Ranchi, today for development of solar power projects.
DULT, TERI sign MoU to work on developing low-carbon urban freight in Karnataka
TERI and the DULT will focus on developing a low-carbon strategy for Karnataka’s urban freight sector.
KORE Power joins hands with Cleanhill Partners
KORE Power, Inc., is a leading US-based developer of battery cell technology for the clean energy industry. Cleanhill Partners is a private equity firm pursuing investments in the energy transition sector that contribute to decarbonization.
