Author: Chitrika Grover

Solar Startup Raptor Maps Closes $35 Mn Series C Financing Round

US-based software company Raptor Maps recently announced its oversubscribed Series C financing round. The $35 million growth investment was led by Canadian-based Maverix Private Equity (Maverix). It involved participation from existing investors MKB, Blue Bear Capital, Congruent Ventures, Buoyant Ventures, and Y Combinator. The firm works towards increasing the impact of advanced analytics and digital […]

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Green Stocks Dec 10: Waaree Energies Stock Price Soars 5.68%

The renewable energy sector saw mixed action in the stock market today. Waaree Energies led the pack with a 5.68% surge, followed by Borosil Renewables, which climbed 3.61%. Maintaining its positive momentum, NTPC Green’s stock price also rose by 1.29%. Meanwhile, the Madhya Pradesh-based Shakti Pumps posted a modest gain of 0.34%. However, it wasn’t […]

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Geotab Study On EV batteries Underscores Second Life Potential

Battery degradation is a natural process that reduces the amount of energy a battery can store or the power it can deliver. In electric vehicles (EVs), however, power degradation is rarely noticeable because the battery’s power output often exceeds the vehicle’s requirements, as found in a research paper by Geotab, a global market transportation solutions […]

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Khavda: GE Vernova Gets Rs. 400 Cr Order From Sterlite Power

GE Vernova recently secured an order worth approximately ₹400 crore from Sterlite Power. The US-based wind energy company will supply and supervise 765 kV power transformers and reactors for the Khavda project. GE Vernova plans to execute the project within two years. Wind turbine manufacturers in India have been increasing the upper capacity limit of […]

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Airport Solar Report card-12 Airports Switched To Solar In 2024, UP Leads

The latest data shared by the Minister of State (MoS) in the Ministry of Civil Aviation (MoCA), Murlidhar Mohol in a written reply, said that about  80 airports have switched over to 100% green energy usage since 2014 in India. Besides trailblazer Kochy, it includes Bengaluru and Hubli Airport. Airports viz. Delhi, Mumbai, Hyderabad, and […]

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NTPC Races To 300 Billion Units in 2024-25

NTPC Group has crossed the 300 Billion Units (BU) generation mark in FY 2024-25. It crossed the 300 BU generation mark on December 18, 2023 (FY 2023-24), a full 10 days faster than it did last year. While NTPC has an installed capacity of 76.5 GW, over 29.5 GW of capacity, including 9.6 GW of […]

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SJVN Seeks Developers For 6,000MWh RE Projects With Energy Storage System

Satluj Jal Vidyut Nigam (SJVN), a designated Renewable Energy Implementing Agency (REIA), has invited bids to build a renewable energy power project with energy storage system (ESS). The developer for this project must supply 6,000 MWh (1,500 MW x 4 Hours) of assured peak power from renewable energy (RE) power projects integrated with an ESS. […]

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Bihar Awards Solar Streetlight Contract To Bondada Engineering

The Bihar Renewable Energy Development Agency (BREDA) recently granted Rs. 1,08,90,02,500 of work orders to Bondada Engineering. The award was given to the company to install solar streetlights in the state to bolster the growth of the use of solar lights in rural areas. The project was also envisaged to reduce the dependency of streetlighting […]

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