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Anand Gupta

Editor - EQ Int'l Media Network
The clean hydrogen energy economy was a dream. The climate bill could make it a reality this decade
Hydrogen

Hydrogen Supply – EQ Mag Pro

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Hydrogen as a clean energy vector still has significant progress to make to get on track with the Net Zero Emissions by 2050 Scenario. In 2021 hydrogen demand was almost entirely met by unabated fossil fuel-based hydrogen. The production of low-emission hydrogen was around 0.6 Mt in 2021 (less than 1% of global hydrogen production). But […]
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With an eye on electric cars after scooters, Ola to launch Futurefoundry
Electric Vehicles

Ola Electric plans to hire 3K to focus on non-software engineering domains – EQ Mag Pro

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The exercise will impact 10 per cent of the workforce of around 2,000 engineers Ola Electric is cutting 200 jobs, mostly in software development roles, as part of a restructuring exercise while it plans to hire around 3,000 to focus on non-software engineering domains. The company, which sells electric scooters, said it has been increasing […]
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SMA-Logo
Energy Storage

SMA to showcase its Technological Innovations for Energy storage with Grid Forming Capability at Renewable Energy India Expo 2022 – EQ Mag Pro

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MUMBAI, India : SMA India, the subsidiary of SMA Solar Technology AG (SMA), a leading global provider of photovoltaic and storage systems, today announced its participation in Renewable Energy India Expo 2022 (REI) in Greater Noida, New Delhi. At the expo, SMA India will showcase a number of recent innovations, including the Sunny Central Storage […]
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New European Union energy policy announcements could boost energy storage
Energy Storage

New European Union energy policy announcements could boost energy storage – EQ Mag Pro

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Recent policy announcements from the European Union could boost the energy storage market, an analyst says, but also reveal inherent weaknesses of the bloc’s free electricity market. Energy was a prominent theme in Commissioner Ursula von der Leyen’s State of the Union Address on 14 September, and was preceded by a raft of proposed market […]
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New York grid operator says wholesale market will drive investment in energy storage
Energy Storage

3 ways to make energy storage more innovative and sustainable – EQ Mag Pro

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Recent legislation shows that the U.S. sees its future as a leader in green energy. The success of this project depends upon innovative and sustainable energy storage. Energy storage companies must target diverse markets, use more sustainable materials and localise manufacturing. After more than a year and a half of negotiations, the U.S. Congress and […]
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M&M to deploy 50 electric vehicles on Uber platform
Electric Vehicles

M&M in talks to raise up to $500 mn for EV push, says report – EQ Mag Pro

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Mahindra is in early talks with global green funds and private equity firms, says a source with direct knowledge of the matter Indian automaker Mahindra & Mahindra is in talks with global investors to raise between $250 million and $500 million to accelerate its plans to build electric vehicles (EVs), a source with direct knowledge […]
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A. P. Moller-Maersk switches to electric vehicles for delivering cargo to customers in India
Electric Vehicles

A. P. Moller-Maersk switches to electric vehicles for delivering cargo to customers in India – EQ Mag Pro

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MUMBAI : A.P. Moller – Maersk is decarbonising its road fleet in India by switching to electric vehicles for transporting cargo to customers as the integrated logistics company aims to become net zero by 2040 In the first phase, Moller-Maersk will deploy electric-powered vehicles across Tier I cities in India, focusing on an overall radius […]
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EV manufacturers expect demand to grow multi-fold
Electric Vehicles

Electric vehicles are way too expensive for mass adoption – EQ Mag Pro

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High R&D spends and competition have done little to cheapen EVs How much does it cost to build an electric car? As new electric vehicle (EV) makers burn through billions of dollars of cash and pour hundreds of millions more into research and development (R&D), the answer, it would seem, is a lot. And all […]
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BYD India ties up with 3 companies to set up EV charging infrastructure in India
EV Charging

Electric car charging industry calls for VAT cut – EQ Mag Pro

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Electric vehicle (EV) chargepoint operators have urged the Chancellor to cut VAT on public charging in a letter coordinated by the FairCharge campaign. In rare intervention by the sector, bosses at 23 companies signed a letter urging Kwasi Kwarteng to make the “simple, relatively low-cost intervention” as the rise in electricity prices “threatens consumers’ willingness” […]
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EV charging operator Bump unlocks $180 million
EV Charging

EV charging operator Bump unlocks $180 million – EQ Mag Pro

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French startup Bump has signed a multiyear financing partnership with DIF Capital Partners in order to roll out more charging stations for electric vehicles and double down on growth in general. It is an equity and quasi-equity $180 million deal that will be progressively unlocked from 2022 to 2030. Yesterday, ZePlug also announced a significant […]
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