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Electric Vehicles

Tata Power aims to set up 700 EV charging stations this fiscal

Under the brand name EZ Charge, Tata Power has already installed 170 fast and smart-charging points for electric vehicles in more than 20 cities across the country.

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NTPC, ONGC sign MoU to set up renewable energy JV

As per the MoU, the state-owned power producer along with the oil and gas producer shall explore setting up of renewable energy projects in India and overseas, and sustainability, storage, e-mobility and ESG (Environmental, Social and Governance) compliant projects.

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Globally, electric vehicles show more resilience than conventional cars during Covid-19 shock

EV sales are set to be 1.7 million off because of the economic fallout of the Covid-19 crisis, however analyst BloombergNEF predicts that will be less of a hit than the anticipated fall in sales of conventional cars, increasing the penetration of electric models into the overall market.

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India’s electric vehicle component market to grow 22% per year for a decade

The market will be driven by shared-mobility electric car deployment and will see annual growth of up to 61.7% for battery management systems.

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Covid-19 can impact electric vehicle demand

Industry body FICCI has recommended an extension of the FAME II Scheme by at least one year to 2023 as it feels change in the consumer behavior can impact the demand for electric vehicles (EVs) in the short term.

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EU, India invite joint research proposals on integrated local energy systems

The projects shall be co-funded by India’s Department of Science & Technology and the European Commission’s Innovation and Networks Executive Agency. The aim is to make energy supply cleaner, more efficient and affordable by smartly integrating large amounts of renewable energy in local energy systems. Proposals can be submitted till September 1.

Australian miner launches feasibility study on India’s first lithium refinery

Australia based Neometals and India’s Manikaran Power—which announced their collaboration on India’s first lithium refinery last year—have also doubled the proposed refinery capacity to 20,000 tonnes per annum of lithium hydroxide.

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NTPC plans hydrogen buses and cars for Delhi, Leh

The state-owned power producer has invited global Expression of Interest (EOI) for supply of hydrogen fuel cell based electric buses and cars—ten each—for pilot projects in Delhi and Leh. The last date for submission of EOI is May 15.

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India’s renewable energy subsidies fell 35% in three years

The subsidies to renewable energy went from a high of Rs 15,313 crore in FY2017 to Rs 9,930 crore in FY2019. At the same time, government subsidies for oil and gas went up from Rs 40,762 crore in FY2017 to Rs 67,679 crore in FY2019. Unprecedented resource crunch post-Covid-19, however, presents a good opportunity for the government to rein in specific fossil fuel subsidies while creating more fiscal room for promoting renewables and other welfare schemes—according to a new report by the International Institute for Sustainable Development (IISD) and the Council on Energy, Environment and Water (CEEW).

Europe’s Wamtechnik, ION Energy partner to enable electric excavator

The European Li-ion battery manufacturer has partnered with the Mumbai based battery management system provider on the design and deployment of an electric excavator that would operate in subzero temperatures (below -20°C).

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