Hygge Energy has signed an MoU with THINK Gas to arrange Hygge’s “Zero Emission Electric Mobility” resolution. Hygge’s expertise allows monitoring, measurement, optimization, allocation and accounting of renewable power for EV charging.
Hygge Energy has signed an MoU with THINK Gas, an operator of CNG Stations in India, to arrange Hygge’s “Zero Emission Electric Mobility” resolution on the latter’s CNG stations.
Hygge’s software program resolution, which maximizes the utilization of renewable power for EV charging, shall be put in at THINK Gas’s CNG station in Baghpat, Uttar Pradesh, adopted by different places into consideration.
The resolution comes with the Hygge EV cellular app that permits planning and administration of EV charging stations, in addition to monitoring of funds and carbon credit.
This shall be a giant step by Hygge to unlock a $15 billion carbon buying and selling marketplace for service suppliers providing CNG and EV charging companies in India, which can make these companies worthwhile.
Hygge’s system will allow India to take the lead within the carbon market, commensurate with the outcomes of COP26 and the rising curiosity in Indian coverage circles in direction of making a well-defined carbon buying and selling system.
This was additional reiterated by the Prime Minister, Narendra Modi on the COP26, the place he would play an important function in delivering local weather ambition by way of the carbon market mechanism.
Talking concerning the alliance, Prateek Saxena, CEO of Hygge Energy, stated, “Hygge is developing a robust carbon trading system for renewables-based EV charging for India. If all EVs in the country are charged using renewable energy, it will open up an INR. 75,000 Crore export opportunity in the carbon market only through EV charging. Add CNG to this carbon trading system, and we are looking at increasing the potential market size to Rs. 1 Lakh Crore.”
THINK Gas is strengthening its community with a mission to make CNG out there to customers, and in two years of operation, its community has expanded to over 80 CNG stations throughout Punjab, Madhya Pradesh, Uttar Pradesh, and Bihar.
THINK Gas is serving over 30,000 clients each day and has touched a peak of 200,000 Standard Cubic Meters per Day (SCMD). Now, it’s set to create an ecosystem in its newly acquired markets in Himachal Pradesh.
Sandeep Trehan, Founder and President (Marketing) at THINK Gas, acknowledged, “Our CNG station, equipped with clean energy activities, and fitted with EV charger and Hygge’s software platform, will create a new, cleaner experience. This will further strengthen the process of building a strong clean energy ecosystem.”
Hygge’s expertise allows monitoring, measurement, optimization, allocation and accounting of renewable power for EV charging, and makes it a worthwhile enterprise for EV charging operators and DISCOMs alike.
The plug-and-play resolution integrates with any EV charger and instantaneously connects the charging station to its AI software program that helps drive site visitors and enhance the operational effectivity of the EV charging stations.
Source: www.financialexpress.com”
