India is struggling to attract renewable energy companies to set up new projects. Multiple factors, like delays in setting up transmission support infrastructure, delays in payment by off-takers, threats of retrospective changes to power purchase agreements, and delays in regulatory approvals have pushed developers away from recent tenders.
The Indian government is reportedly planning to procure luxury electric cars to further lease them out to car aggregators in an extended push to enhance electric mobility in public transport.
Hyundai has announced two new services for Indian customers of its Kona electric SUV. The new services will likely prove crucial for a nascent EV market like India.
Australia-based energy blockchain company Power Ledger has scored yet another pilot project in India to enable peer-to-peer solar power trading.
A New Delhi-based power distribution utility will implement India’s first-ever blockchain-based solar power trading. The project was made possible through Power Ledger’s blockchain platform.
The Indian government has reported the number of electric vehicles that have benefited under the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles in India (FAME) program. The program had been launched as part of the National Electricity Mobility Mission Plan to boost adoption of EVs in the country.
The Indian Minister of New and Renewable Energy has expressed confidence that the country will overachieve on its target to have 175 gigawatts of renewable energy capacity operational by 2022.
The Indian government recently announced fresh measures to promote the sale of electric vehicles.
The Government of India notified that the Goods and Services Tax (GST) rate on electric cars, electric chargers as well as electric buses has been reduced.
As India looks to prep charging infrastructure to support the planned surge in electric vehicles, the government is looking to finalize the charging standards to be deployed. Media reports quote unnamed sources in the Ministry of Power claiming that charging stations in India shall use three charging technologies, including one … [continued]
Korean automaker Hyundai recently launched the electric SUV Kona in India, making it the country’s first-ever electric crossover. Hyundai Motor India Limited recently announced the launch of its electric Kona SUV for the mass market in India. The car is the automaker’s first-ever offering in the hybrid or electric segment … [continued]
