An Interview With Ola Electric Mobility, India’s First EV Unicorn
Anand Shah, Co-Founder of Ola Electric Mobility and SVP Ola, on the startup’s electrification mission.
Anand Shah, Co-Founder of Ola Electric Mobility and SVP Ola, on the startup’s electrification mission.
India and Australia are expected to lead a regional shift in power generation costs over the next few years, which will see renewable energy sources become cost competitive and cheaper than fossil fuels in the next few years, according to new figures published over the weekend by Wood Mackenzie Power & Renewables.
One of the worst fears of the leading wind energy company in India has come true. For years, Suzlon Energy had been flirting with financial turmoil and recently the company witnessed a rather unfortunate milestone which could define the company’s future.
Interest in electric vehicles (EVs) is getting super hot in India. Having missed out on building its own manufacturing base for solar PV, India seems conscious about not missing the EV opportunity, especially for lithium-ion battery manufacturing (LIB).
One of India’s leading renewable energy generation companies is on a fundraising spree. Greenko Energy Holdings recently raised funds by selling green bonds, for the second time in nearly two years. According to media reports, Greenko successfully raised $950 million in green bond sales. The bonds were priced at a … [continued]
A private power distribution company in India issued a tender to procure energy from solar-wind hybrid projects with a goal to fulfill its Renewable Purchase Obligation, and possibly, to reduce the cost of power procurement. Adani Electricity Mumbai Limited (AEML) issued global tender inviting bids from project developers to set … [continued]
Renewable energy technologies, especially wind and solar power, continued to lead all other technologies in new capacity added in the first half of 2019.
For three consecutive days earlier this month, the state of Karnataka satisfied more than 50% of its energy demand from solar and wind energy projects.
Bond payment defaults and renegotiations of wind and solar power projects are proving to be a challenge in India. Even as the Indian renewable energy sector struggles with these stressful developments, a number of large and ‘well-backed’ companies are receiving additional funds for further expansion of operations. Greenko Energy Holdings … [continued]
An industry body in India representing solar power developers made a significant proposal regarding the tariff thresholds for national-level solar power auctions. National Solar Energy Federation of India (NSEFI) proposed that all national-level solar power auctions in the country have a maximum tariff bid threshold. The industrial body has proposed … [continued]