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Revfin Finances EV fleets and passenger vehicles with SUN Mobility’s battery swapping tech
Fleet financing could be disbursed in 24 hours of completion of documentation, enabling fleet-owners’ rapid go-to-market.
Government approves E- Vehicle policy to promote India as a manufacturing destination for EVs
Minimum investment of INR 4,150 crore required with no cap on maximum investment. Three years timeline for setting up manufacturing facilities in India, and start commercial production of EVs; 50% domestic value addition to be reached within 5 years at the maximum
AHODS Technologies wins Uber’s sustainable mobility challenge
Gurgaon-based startup AHODS Technologies was adjudged the winner of the grand prize of $120,000 (INR 1 crore) for its on-demand hydrogen retro-fitment kit, aimed at helping address India’s sustainability goals.
“India Could be a Role Model on Mitigating Environmental and Social Impacts When It Comes to Renewable Energy,” Ashish Tiwari at the Responsible Renewable Energy Summit 2024
Responsible Renewable Energy 2024 held in the national capital saw active participation from senior government officials, renewable energy industry, investors, thought leaders, policymakers, research organizations and energy experts.
Cabinet approves signing of an MoU between India and Bhutan on co-operation in the field of Energy Efficiency and Energy Conservation Measures
As part of this MoU, India aims to assist Bhutan to enhance energy efficiency in the household sector by promoting star labeling programme developed by Bureau of Energy Efficiency.
BluPine Energy secures financial closure for 198 MW wind project in Gujarat with support from Standard Chartered Bank and TATA Capital
The project is expected to generate over 65 GWH of wind energy annually, helping to avoid emission of over 6 lakh tons of CO2 eq. annually
Recyclekaro to Launch India’s First Plasma Furnace Technology Unit, Targeting Recycling Expansion Capacity to 75,000 MT per Year
With the installation of the new plasma furnace, Recyclekaro’s e-waste recycling capacity is set to increase nearly tenfold to 75,000 metric tonnes per annum.
Servotech EV Infra announces strategic equity dilution, appoints CEO and AVP operations
Servotech EV Infra has successfully diluted 6%* equity at a pre-money valuation of Rs. 200 Crores*. This investment will provide crucial resources to propel the company’s growth and expansion plans.
REC signs MoU with Govt. of Rajasthan to finance power & infrastructure projects worth Rs. 20,000 Cr annually for next 6 years
Under this agreement, REC Limited will provide loans of upto Rs 20,000 crores annually for next six years to various departments, undertakings, institutions and schemes of the Rajasthan government.
Servotech Power Systems advances India’s EV charging industry with in-house components manufacturing
Servotech is constructing a cutting-edge manufacturing facility focused on the production of Power Modules, Control Circuits, and PLCs – essential elements at the core of EV chargers.
