Upon completion, the factory will create almost 10,000 jobs and will initially have an annual capacity of 2 million units Six months after it acquired the Dutch start-up Etergo B.V., Ola Electric has announced a Rs 2,400-crore ($320 million) investment plan to set up, what it calls, the ‘world’s largest’ electric scooter (e-scooter) manufacturing plant […]
EIB set to finance biggest wind power infrastructure projects in Spain
These new facilities will have a total capacity of 547 MW and will generate approximately 1.491 GWh of energy a year overall, a volume equivalent to the power use of 360 000 Spanish homes. · The EU bank will provide up to EUR 385m to Alfanar, successful bidder in Spain’s third renewable energy auction. · […]
How to power India’s job growth through power sector reforms
The Modi government has tried to implement a trifecta of power sector reforms to help support job generation. The country no longer lives in a world where fossil power and renewable power are separate. Job growth is a hot button issue in the lead up to any election. India needs to create millions of secure […]
