New MOP Guidelines for Battery Swapping
The main objectives of these guidelines are to promote swapping of batteries as an alternate method of powering EVs, promote battery as a service, and develop a battery swapping ecosystem
LG Energy Solution, GM to Develop Prismatic Battery Cells for EVs
Under this new definitive agreement, the companies will jointly develop prismatic battery cell technology and affiliated chemistries.
IFC’s $400 Million Support to Bajaj Finance Fund Raising Initiative
The funding for Bajaj Finance aims to support women-owned microenterprises, improve access to climate finance for EVs and EECG, promote financial inclusion
$78 T Needed to Achieve Net-Zero and 1.5 C Warming
A new report says that decisive action is needed to achieve net-zero by 2050, as world is currently on path for 2.5˚C to 3˚C global warming
IREDA to Establish Retail Subsidiary
Indian Renewable Energy Development Agency Limited (IREDA) has plans to establish a wholly-owned retail subsidiary for its retail business.
JOULE to Power EVs in Bengaluru
The project is a $2.65 million new Climate Pledge initiative to support over 5,500 EVs by 2030 by addressing infrastructure gaps.
Muthoot Capital Secures Rs 100 Crore Impact Funding for EVs
Muthoot Capital Services has partnered with Development Financial Institution to raise long term debt funds to expand its EV portfolio
Maharashtra Govt. Promotes Sustainable Agriculture, EVs in Budget 2024-25
The Maharashtra government plans to offer solar pumps for free electricity generation to farmers and finance e-rickshaws for 10,000 women
Demand for Lithium-Ion Battery Soars in India
By 2028, the lithium-ion battery market is anticipated to grow at a 20 percent CAGR to reach Rs 1.77 trillion
6 ESG Trends that will Influence Credit Outlook in 2024
Moody’s ESG Outlook 2024 predicts that the six key ESG trends will impact credit strength in industries vulnerable to the carbon transition
EVs connect Amazon DSPs with the last mile
As part of the company’s global last mile fleet program, Amazon is enabling its last-mile delivery partners with electric vehicles or EVs
Swiggy expands sustainable transportation fleet
Swiggy—an on-demand convenience platform, has expanded its electric vehicle (EV) partner portfolio. The company has announced a vehicle partnership with Taiwanese company Gogoro.
ICICI Bank’s RE Thrust
ICICI Bank is aligned with the government’s push in areas like renewable energy, green hydrogen, electric mobility, sustainable buildings and water security
When will the dry spell end?
Over the past few years, I have noticed a considerable jump in my electricity usage. Can somebody explain the reason for this noticeable increase in my electricity consumption?
