The company, which markets two scooters – Ather 450X and the Ather 450 Plus – also sought the inclusion of electric vehicle (EV) startups under the PLI (Production-Linked Incentive) scheme. Hero Moto Corp -backed electric two-wheeler maker Ather Energy on Monday said subsidies and tax rebates under the FAME II policy are extremely important to […]
Subsidies, loans, charging network in Delhi Electric Vehicle Policy
New Delhi : The Delhi government on Friday launched its ambitious Electric Vehicle (EV) Policy, which aims to boost Delhi’s economy, reduce pollution levels and generate employment. Announcing the launch of the policy, which was notified on Friday morning, chief minister Arvind Kejriwal said it was one of the most progressive in the world and […]
Electric-Car Subsidies Make Renaults Free in Germany
Car buyers in Europe can now get their hands on a brand-new electric vehicle for less than the typical cost of a mobile-phone contract. Thanks to newly generous subsidies, some are even free. Shoppers have swarmed virtual showrooms in Germany and France — the region’s two largest passenger-car markets — after their national governments boosted […]
UK’s Largest Solar Project Approved, Will Snub Government Subsidies
A 350-megawatt U.K. solar project won its planning approval in Britain, hinting at a revival of a once-booming market. Cleve Hill, the U.K.’s largest-ever solar project, received its government planning approvals this week. The question is how the 350-megawatt development proceeds from here in a large-scale solar market that has all but died out. Located […]
Electricity Act proposed amendments ensure financial independence for discoms: EY
“While the amendments do talk about sublicensing and relaxing the licensing norms for franchisees, it is not clear if this would mean multiple suppliers within a given region,” Ivaturi said New Delhi: The draft bill for the amendment of Electricity Act ensures financial independence of power discoms but must also provide more choices to consumers […]
Spain’s Solar Bubble Looks Set to Pop. The Market Will Be Just Fine
Consolidation is coming to Spain’s red-hot solar market, but in a post-subsidy world the landing will be relatively soft. The Spanish solar market is red hot. It’s hard to think of any solar market generating so much interest in the absence of a generous subsidy package. The bulk of this speculation is built on the […]
Which energy storage technology is going to power Australia’s future?
Recent events in Australia indicate a growing appetite for renewable energy and energy storage in the energy sector. Pumped hydro, thermal energy storage, hydrogen—which form of storage will reign supreme Down Under? New regulations and a growing share of renewables are changing the way the electricity market operates in Australia, opening up a playground for […]
China to allocate $435 million subsidies for solar projects in 2019
BEIJING: China will allocate 3 billion yuan ($434.55 million) worth of subsidies for new solar projects this year, the National Energy Administration (NEA) said in a statement on Thursday. Of the total, 750 million yuan will be allocated to rooftop power projects with a combined capacity of 3.5 gigawatts (GW), and the rest will be […]
With state subsidies and a firm hand, China races ahead with electric transport
SHENZHEN, China: A year ago, when D.C. Metro officials unveiled 14 electric buses — a purchase that made the capital one of the largest electric-fleet operators in the United States — this southern Chinese metropolis was already in the middle of a full-blown electric revolution. Today, more than 16,000 buses and 12,000 taxis whir along […]
Govt tells EV makers to localize manufacturing to qualify for subsidies
Despite the scheme’s accent on localization, the guidelines allow imports of key battery parts to manage costs All electric vehicle and hybrid manufacturers must localize manufacturing of wheel rims integrated with hub motor from 1 October 2019 Control units, chargers and AC units are among a slew of components that electric and hybrid vehicle manufacturers […]