EaseMyTrip Ventures into Electric Bus Manufacturing, Earmarks $24M
Travel giant EaseMyTrip enters into the electric bus manufacturing business and plans to build a plant with a capacity of 4,000-5,000 buses.
Renewable Energy Sector to Provide Momentum to Indian Economy: Minister
Union Minister Pralhad Joshi highlights India’s renewable energy growth, policy advancements, and cost-effective solar power at the BNEF Summit.
BMW Plans to Launch 1st Hydrogen-Powered Electric Car in 2028
BMW will be collaborating with Toyota Motor Corp. to develop a third-generation fuel cell system, which will be installed in the electric vehicle.
BNP Paribas Cleantech Fund Raises $166M, Eyes 20 Ventures
The fund has raised €150 million to invest in European and North American startups driving sustainable solutions in energy and agriculture.
Reliance Industries Wins Bid for 10 GWh ACC Battery Storage Capacity
The bid was part of the national program on battery storage that aims to strengthen the ecosystem for electric mobility in India.
Alpex Solar to Double PV Module Capacity to 2.4 GW by 2026
Alpex Solar announces plans to expand its solar module capacity to 2.4 GW by 2026, with a new 1.2 GW plant in Uttar Pradesh.
Volvo Drops Plan to Go Fully Electric by 2030 Amid Rising Hybrid Demand
Volvo Cars recalibrates its electrification strategy, aiming for 90-100 percent electric or hybrid models and 10 percent mild-hybrids by 2030.
Suzlon Sells Corporate Headquarters for $52.5M in Sale and Leaseback Deal
This strategic move aims to unlock capital and support growth by turning asset-light. Suzlon will continue operations at the property.
Govt to Clear FAME 3 in 1-2 Months for Faster EV Adoption: Minister
The central government is set to finalize FAME-3, the next phase of its flagship electric mobility scheme, within two months.
Jakson Engineers Commits $240M to Bolster Solar Manufacturing
Jakson Engineers Ltd. is investing Rs 2,000 crore to set up a 2.5 GW solar cell plant and expanded 2,000 MW solar module facility.