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    Array Technologies increased revenue 35% to US$872.7 million in 2020

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    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

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    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

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    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

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    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

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    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

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    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

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    GE’s digital power transformers selected for multiple projects across the globe

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    bp to invest up to £18 billion in UK energy system by 2030

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    Statkraft seeks planning nod for 49.9-MW Scottish wind farm

    VSB Group Expands in France with Acquisition of 143.5 MW Wind Power Portfolio

    Norway to invest in renewable projects in developing countries

    Italian Solar Farms, Matrix in Strategic Partnership with Energia Aljaval

    China installed 48.2 GW of new solar capacity in 2020

    Solek Group signs deal to build solar power plants in Chile

    Trina Solar betting on largest wafer size and third cut cells for 500W-plus modules

    TotalEnergies to Acquire SunPowers Commercial & Industrial Solar Business

    Vattenfall Wind

    UK Government grants consent for Vattenfall’s Norfolk Vanguard Offshore Wind Farm

    New DNV GL class rules for floating offshore wind energy expands industry horizon

    Norway to launch 1.5 gigawatt offshore wind tender

    Atlas and Hitachi to develop energy storage systems for renewable projects

    Velto Renewables supports the 360 MW offshore wind farm London Array

  • Market Moves
    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Array Technologies increased revenue 35% to US$872.7 million in 2020

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    Nordex Group: half-year sales rise to EUR 2 billion, earnings impacted by COVID-19

    GE Renewable Energy connects the world's most powerful hydro unit to the grid in Wudongde, China

    GE Renewable Energy connects the world’s most powerful hydro unit to the grid in Wudongde, China

    Ferroglobe Hydro power

    Ferroglobe completes sale of Spanish hydro facilities to TPG Sixth Street Partners

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Intersolar, EES and Power2drive NA Acquired by Diversified Communications

    Summit Energy Services Announces Merger with Schneider Energy Consulting

    SeaMade secures €250m European loan for Belgian offshore wind farms

    SeaMade secures €250m European loan for Belgian offshore wind farms

    Xcel Energy agrees to buy Mankato Energy Center for $650m

    UK renewable energy overtakes fossil fuels, despite Brexit fears

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    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Intersolar Europe 2022: Solar Energy in Germany Takes Center Stage

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    SPI Energy Develops Utility Scale Solar Project in Maryland

    Lightsource BP pioneers UK's first night-time solar service

    Altus Power and Heliene Establish Strategic Partnership to Support U.S. Solar Module Manufacturing

    EDP signs a Build & Transfer Agreement for a 200 MWac solar project in the U.S.

    I&M is Powering the Next Tomorrow with Plans to Add More than 2,000 MW of Solar

    WindEurope Annual Event 2022 in Bilbao - Registrations Open, Conference Programme Available

    WindEurope Annual Event 2022 in Bilbao – Registrations Open, Conference Programme Available

    RWE chooses Chantiers de l'Atlantique as key supplier for its F.E.W Baltic II wind farm - design, construction and installation of the electrical offshore substation

    RWE chooses Chantiers de l’Atlantique as key supplier for its F.E.W Baltic II wind farm – design, construction and installation of the electrical offshore substation

    EGAT deploys Siemens software solutions for the worlds largest Hydro-Floating Solar Hybrid Project

    EGAT deploys Siemens software solutions for the world’s largest Hydro-Floating Solar Hybrid Project

    Protermosolar adds value to the Spanish concentrated solar power industry in China

    Abengoa completes construction of three solar fields at the world’s largest concentrated solar power complex in Dubai

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    GE’s digital power transformers selected for multiple projects across the globe

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Ola E-scooters and Hypercharger Network to Hit Market in July 2021

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Ola E-scooters and Hypercharger Network to Hit Market in July 2021

Ola Electric, the electric vehicle arm of homegrown ride hailing firm Ola, announced that it will launch its much anticipated electric scooter in India as well as global market by July 2021, along with establishing a Hypercharger Network which will comprise 1 lakh charging points across 400 Indian cities. The company claims that the Hypercharger Network, which is built along with partners, will be the widest and densest electric two-wheeler charging network in the world, helping the firm move one step closer to its aim of making mobility more sustainable, accessible and interconnected.

In December 2020, the company announced its plans to invest 2,400 crore into the ‘world’s largest’ e-scooter factory in Tamil Nadu, which is expected to produce 20 lakh units initially and create around 10,000 jobs upon completion. Ola Chairman and Group CEO Bhavish Aggarwal said that sale is scheduled to start in July, right after the plant’s completion. “To get adoption of electric vehicles, a strong charging network is required. Today, one of the key infrastructure gaps in our country is charging network…(Our) Hypercharger Network will be the largest fast charging network for two-wheelers,” he explained.

While the company has not released details about the price of the scooters, it has confirmed that over 5,000 charging points will initially be set up across 100 cities in the country, and that the network so created will charge about half of the Ola Scooter battery in 18 minutes, enabling it to run for 75 km before recharging. The charging stations will be available both as independent towers and as part of crowd-friendly places like malls, office complexes, IT parks, cafes, etc, so there is no dearth of charging points for customers. Additionally, the customers will be provided a home charger (with no need for installation) as well to charge their scooters at home using an ordinary wall socket, enhancing their convenience. An Ola Electric app will allow riders to monitor the charging progress and easily pay for it when they use a public charging station. No revelation has been made regarding the amount invested into developing the charging infrastructure, but Agarwal has said that the company and its partners are funding it.

Three Wheels United Partners With Porter to Help Auto Drivers Shift to EV

It seems that the current global pandemic has not suspended Ola’s plans, perhaps because the company has been building some components of the scooter on its own and is thus not deterred by constraints in supply. Aggarawal said, “As the next few weeks evolve, things might change but as of now we have, we are not foreseeing any major disruption in our rollout of the charging network or the factory.” Coronavirus has, however, affected cab aggregators. Agwarwal insists that his mobility business has recovered reasonably, while managing through he second wave in India, and that his international businesses in the Commonwealth countries are doing well. “We are one of the leaders in micro insurance, micro lending etc, that’s growing well. So we are also very gung-ho about our consumer internet businesses,” he says.

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bp to invest up to £18 billion in UK energy system by 2030

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