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Uber Technologies, BYD announce partnership for 100,000 EVs
Uber Technologies and BYD Company Limited have announced a multi-year partnership to introduce 100,000 new BYD electric vehicles (EVs) onto the Uber platform across key global markets. Starting in Europe and Latin America, the initiative will expand to the Middle East, Canada, Australia, and New Zealand. This partnership aims to provide Uber drivers with access to competitive pricing and financing for BYD vehicles, accelerating the adoption of EVs on the Uber platform. Both companies are…
Maharashtra’s PM Surya Ghar Muft Bijli Yojana achieves 100 MW rooftop solar capacity
The PM Surya Ghar Muft Bijli Yojana has successfully surpassed 100 MW of rooftop solar (RTS) power generation capacity in Maharashtra. Under this initiative, 25,086 customers have installed 101.18 MW RTS power plants, leveraging the program’s incentives. The Maharashtra State Electricity Distribution Company (MahaVitaran) oversees the implementation of the scheme. Launched in February, the initiative offers a maximum subsidy of Rs 78,000 for a 3 kW plant, funded by the Central government. A direct payment…
MoP urges states to identify sites for nuclear power projects
Power Minister Manohar Lal Khattar has encouraged states to identify viable sites for nuclear power plants, especially in areas far from coal sources. The government has already shortlisted 18 locations across the country for new nuclear capacity, aiming to increase nuclear power from 8 GW to 20 GW by 2032. The Minister advised states to repurpose sites of retired coal-based thermal plants for this purpose. At the recent Power Ministers’ conference on 12 November 2024,…
Hyundai to establish Rs 1.8 billion Hydrogen Innovation Center at IIT Madras
Hyundai Motor will establish a dedicated Hydrogen Innovation Center at the Thaiyur campus of IIT Madras with an estimated investment of Rs 1.8 billion. The foundation for this project was laid by Chief Minister M K Stalin on August 21 during the Tamil Nadu Investment Conclave. The state-of-the-art facility, spanning approximately 65,000 square feet on the outskirts of Chennai, will focus on developing electrolyzers for green hydrogen generation and localizing manufacturing and supply chains. Scheduled…
Soshe secures EPC contract for 1 MW solar project in Andhra Pradesh
Telangana-based solar developer Soshe Power Tech has won the engineering, procurement, and construction (EPC) contract for a 1 MW solar project from Indian Oil (IOCL) in Chittoor, Andhra Pradesh. The contract is valued at Rs 44.75 million. The project is expected to be completed in six months.
Hitachi Energy invests $155 million in North American manufacturing
Hitachi Energy has announced plans to invest an additional $155 million into its North American manufacturing operations, including the construction of a new distribution transformer factory in Reynosa, Mexico, and expansions at existing facilities in South Boston, Virginia, and Mount Pleasant, Pennsylvania. This move is part of the company’s broader strategy to address surging demand for electrical equipment in the region. The $70 million facility in Reynosa will focus on producing single-phase padmount distribution transformers,…