APT Translations

Avaada Energy secured Rs 315 crore financing from Aseem Infrastructure Finance ltd (AIFL) for a solar project in Karnataka. It will be developed under a long-term captive Power Purchase Agreement (PPA) with Karnataka Milk Federation (KMF).

Volkswagen has announced plans for a cheaper electric model, priced around 20,000 euros (USD 21,800), to be introduced in 2027. The model will offer entry-level electric mobility from Europe for Europe.

Euler Motors said it will utilise the fresh infusion of capital to further scale its pan-India presence and servicing infrastructure and establish a presence in over 40 cities by FY25.

This comes as many competitors in the auto industry are pushing for fully electric vehicles. China is revving its push for Battery Electric Vehicles, and its own BYD is threatening to outshine Tesla in that push.

The company's total income rose to Rs 4.01 crore in the January-March period from Rs 3.93 crore in the same period a year ago.

A core part of BHP's plan is splitting off Anglo's platinum holdings in South Africa, a politically sensitive move that has stirred government opposition ahead of the country's general election Wednesday.

Gensol Engineering Ltd reported a three-fold increase in net profit to Rs 20 crore in the March 2024 quarter, with total revenue reaching Rs 412 crore.

Nearly 98 per cent of Solar modules are made out of crystalline silicon. For this, sand is crystalized into metallurgical silicon, which is then transformed into polysilicon, then silicon wafers, then fabricated into cells, ultimately culminate in the assembly of the final solar modules.

Inox Wind on Monday allotted an additional 97.78 crore fully paid-up bonus equity shares to its stakeholders, taking the paid-up equity capital to around 130.37 crore shares.

Building and driving the vehicle is the easy part. What companies like Hyundai are also attempting to do is create the infrastructure to extract, store and transport hydrogen.