In an evident effort to increase the adoption of electric vehicles (EVs) in South Korea, the government has earmarked an amount equivalent of approximately $900 million for new e-mobility subsidies

Numeric Power Systems, a provider of uninterrupted power supply (UPS) systems, has decided to set up a 1 MW solar energy farm at Palladam near Coimbatore district of Tamil Nadu.

The company would setup its first solar independent power project (IPP), through its newly established subsidiary, Numeric Solar Energy Pvt. Ltd.

According to company officials, the company would buy solar cells from suppliers in Japan and Germany and configure panel modules and assemble them. The cost of the project is estimated at Rs 25 crore, which will be financed through internal accruals.

Ultra Motor Company, a leading electric cycle and electric scooter manufacturer, has finally launched its much awaited low speed scooter `Marathon Lite' in the Indian market.

The latest revealed vehicle comes with exciting new features like a 250w motor and 48V/20AH power packed battery, Magnetic Anti Theft Lock System, Spacious under seat storage option, Front Telescopic Suspension in Black, Yellow & Blue colour variants.

The latest scooter gives a maximum speed of 25 km per hour and covers a distance of 70 km with single charge. The company has fixed price tag of Rs. 25,850/- .

With the dual aim of diminishing Blue Coat product waste intended for landfills by nearly 90 percent and generating cost savings, Blue Coat Systems, the technology leader in Application Delivery Networking, has initiated a product recycling service.

Blue Coat, which is investing $1 million in a global channel rewards program, is expecting the proceeds from the recycling and reuse program to cover not only the costs of the service, but also to yield nearly $750,000 per year in additional operational savings.

The Tulsi Tanti-controlled wind turbine maker Suzlon Energy and China based Inner Mongolia North Longyuan Wind Power Corporation have formed a joint venture on Tuesday. The JV aims to supply wind turbines of 100 megawatt for a World Bank funded project in China. The company recently bagged order for 80 turbines from Inner Mongolia North Longyuan Wind Power Corporation.

The JV, signed by Chinese Subsidiary of Suzlon Energy, Suzlon Energy Tianjin, would ensure delivery of 80 units of Suzlon's 1.25 megawatt turbines in two lots in the financial years 2010 and 2011.

On Tuesday, Search engine major Google Inc. announced new initiative with the aim to lower demand, and the global warming emissions that come from producing electricity. Google will commence using its software skills in order to help users track their home energy usage.

This step taken by the company comes as a part of Google's effort to introduce hundreds of millions of dollars into renewable energy, electricity-grid upgrades and other measures, which will decrease greenhouse gas emissions.