It has been learnt that an electric version of Daimler's popular Smart car's batteries would be made by Tesla Motors Inc.

The customers would be able to buy the new version of Daimler's two-person Smart by the end of this year. Tesla, based in San Carlos and was initiated by Elon Musk, makes and sells an electric sportscar called the Roadster. At one point of time, Tesla even eyed New Mexico as a site for building its manufacturing plant.

A perfect prototype of a supercar, which operates on the energy of wind and is capable to reach up to the speed of 155 mph, would be completed by a California-based company.

If adhered to the reports, then the car, which will be two-seater and environment friendly, will be outfitted with paper-thin solar paneling, which would fully charge the battery in just six minutes due to new prototype batteries.The car will run up to 200 miles with fully charged batteries.

Tata Group Company Tata Power announced that it is planning set up of a geothermal power plant and a solar power plant of 5 MW each at a suitable location in Gujarat. If the plans are successful, then the renewable energy portfolio of the company would get stronger by this move.

In a filing to the Bombay Stock Exchange, the company said, “Tata Power has entered into an agreement in this regard with the Gujarat government to explore the possibility of setting up a 5 MW geothermal power plant in phase I.”

Gujarat government has announced a new solar power policy for state to promote solar power generation as an alternative source of energy. The government would extend financial help to set up solar power units in the state and offer solar power generators (SPGs) at subsidized prices.