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REC to offer financing for 50,000 e-buses over the next 2-3 years | Autocar Professional

Baua Electric

Vivek Kumar Devangan, Chairman and Managing Director of government-backed REC told Autocar Professional that on the back of strong demand, he expects REC to fund over 50,000 electric buses over the next two to three years – at an event in Mumbai last week.

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The US’s largest solar panel maker opens a 3.3 GW factory in India

Baua Electric

The US International Development Finance Corporation (DFC) provided $500 million of the $700 million in financing for First Solar’s India factory. That’s good for the United States and it’s good for India. That’s good for the United States and it’s good for India. Since 2020, First Solar has embarked on a $4.1

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PEM electrolyzer company Ohmium closes $45M Series B; quadrupling manufacturing capacity

Green Car Congress

PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The company has research and development facilities in the United States and India; manufacturing operations are in India. We can no longer tie our economies to unreliable fossil fuels.

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Half of Renault Nissan R&D work in India caters to global operations | Autocar Professional

Baua Electric

Renault Nissan Technology Business Centre India – the global R&D arm of Renault Nissan Alliance in the country is executing almost 50% of its work for international operations. We believe in India for the global and that is at the heart of our existence. We are working with IIT Research Park on advanced battery chemistry.

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Vibrant Gujarat Summit witnesses MoUs worth Rs 10 lakh crore in renewable energy sector | Autocar Professional

Baua Electric

The development should be seen in the context of India’s automotive energy, which is looking to transition towards cleaner automotive fuels, including electric vehicles, hydrogen, and biofuels, among others. Now we can say that Gujarat is the best destination for renewable energy.”

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Study concludes advanced biofuel could meet more than 50% of Indias demand for transport gasoline by 2020

Green Car Congress

Transforming agricultural waste into biofuel in India could meet up to 59% of the country’s demand for transport gasoline while creating up to one million jobs, according to a new study by Bloomberg New Energy Finance, commissioned by enzyme company Novozymes. Assuming a barrel of crude oil costs US$100, India will spend US$19.4

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Ola Electric marks Republic Day with ‘Unity Heritage Ride’ and exciting offers | Autocar Professional

Baua Electric

Ola Electric celebrated India’s 75th Republic Day with a grand community event named the ‘Ola Unity Heritage Ride.’ Various financing options are available, such as zero down payment, zero processing fees, and attractive interest rates starting from 7.99%.

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