ETN Roundtable: India will easily surpass 30 percent electrification before 2030

Dr. Rahul Walawalkar, President and MD of Customized Energy Solutions India Pvt. Ltd., opined that access to finance and scale of investments are critical for the Indian EV industr...

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ETN Roundtable: Addressing the financial gap in India’s EV transition

India has made a strong commitment to e-mobility. The country's EV transition is gaining traction due to demand creation, State EV policies, and domestic manufacturing. Concurrentl...

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Cummins Inc. invests $24 million in VoltStorage, to advance the Destination Zero strategy

Cummins Inc. has announced an investment of $24M into VoltStorage, a technology company producing energy storage systems based on environmentally friendly redox flow technology. Cu...

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ReNew to set up green H2 plant worth $8 billion in Egypt

ReNew Power has announced that it has signed a preliminary agreement with the Egyptian government to invest around $8 billion (over Rs 63,000 crore) to produce green hydrogen in th...

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British Int’l Investment to invest $250 million in M&M's new passenger e-car venture

British International Investment (BII), the UK's development finance institution and impact investor, has announced that it will invest $250 million in a new passenger electric veh...

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Northvolt secures $1.1 billion to support battery mfg. factory rollout in Europe

Battery manufacturer Northvolt has announced the signing of a $1.1 billion convertible note to finance its expansion of battery cell and cathode material production in Europe to su...

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ACME Green H2 to set up green ammonia & H2 plant worth Rs. 52,474 crore in Thoothukudi

Gurugram-based ACME Green Hydrogen and Chemicals Pvt. Ltd. has announced that it is setting up green ammonia and green hydrogen factory in the port town of Thoothukudi, Tamil Nadu,...

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Tata Power, TN govt. ink MoU to set up mega solar mfg. plant worth Rs. 3,000 crore

Tata Power has announced that it has signed a Memorandum of Understanding (MoU) with the Tamil Nadu Government to invest approx. Rs. 3,000 crores for setting up a greenfield 4GW So...

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Okinawa Autotech to set up mfg. plant worth Rs. 500 crores in Rajasthan

Electric two-wheeler manufacturer Okinawa Autotech has announced that it will invest Rs 500 crore to set up a new manufacturing plant at Karoli in Rajasthan. Spread across 30 acres...

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India will require investments worth $223 billion to meet its 2030 wind, solar goals: BNEF

India will require $223 billion of investment to meet its goal of wind and solar capacity installations by 2030, according to a new report by research company BloombergNEF (BNEF). ...

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