In Short : PURE plans to invest ₹400 crore over the next three years to scale its energy storage capacity from 250 MWh to 2.5 GWh. The investment will support expansion in battery manufacturing, power electronics, and firmware. PURE also launched a 5 MWh PuREPower Grid storage system to boost renewable integration and EV charging, […]
A vertical dedicated to financing a range of sustainable solutions The Green Finance portfolio to be built through financing EVs, Battery Charging Stations, Renewable Energy products and solutions, Energy Efficient Machinery, etc. Aims to achieve an AUM of ₹5,000 crores within the next 3-4 years for the vertical Bengaluru – Shriram Finance Limited (Shriram Finance), […]
As companies try to bet on domestic equity markets with its more stable conditions, Five Star Business Finance, Archean Chemical Industries, Kaynes Technology India, and Inox Green Energy are among the stocks whose initial public offerings are set to open next week. Non-banking financial company Five Star Business Finance is set to go for an […]
Hyundai Motor Group is rapidly moving ahead with construction of its $5.5 million electric vehicle and battery plant in Georgia ELLABELL, Ga. (AP): A robotic dog delivered a champagne toast and Georgia’s governor and junior U.S. senator shared a brief bipartisan celebration ahead of high-stakes elections as Hyundai Motor Group broke ground Tuesday on its […]
The record-breaking wildfires and hurricanes of 2020 may not stand out as the worst catastrophes in a year defined by compounding crises. But these natural disasters are among the long list of physical climate hazards becoming more frequent and intense. Globally, natural disasters caused $210 billion in damages in 2020, $95 billion in the United States alone. Scientific evidence tells us […]
Solar panels are now available for installation on homes and business premises in Saudi Arabia Move is the latest boost to plans for a more sustainable, environmentally friendly future under the Kingdom’s Vision 2030 RIYADH: King Abdullah City for Atomic and Renewable Energy has launched training programs to teach the design and installation of small-scale […]
Today, Australian blockchain firm Power Ledger announced a partnership with Thai Digital Energy Development (TDED) to develop the country’s trading infrastructure for energy and environmental commodities. Power Ledger previously ran trials of its platform in Thailand with state controlled renewable energy company BPCG. The TDED is a joint venture between BPCG and the Provincial Electricity […]
As the world braces for what could be the worst of the coronavirus pandemic, we need to also think about how we come out the other end if this. It may be instinctive to return to the status quo ante as soon as possible. Compared to our current situation, it represents safety, health and prosperity, […]
The real-time power market (RPM) enables consumers, including distribution companies (discoms) and captive users, to buy power on exchanges just an hour before delivery. Power regulator CERC has decided to defer the implementation of real-time power market till June 1 amid the coronavirus outbreak, a senior official said. Earlier, it was scheduled to kick in […]