Author: Chitrika Grover

Which State Has Benefited Most From PMKUSUM’s Solar Pumps?

The Government launched the PM-KUSUM scheme in March 2019, which was scaled up in January 2024 to include standalone solar agricultural pumps. This scheme aims to provide energy and water security to farmers, enhance their income, reduce diesel usage in the farm sector, and decrease environmental pollution. Union Minister of State (MoS) for New and […]

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Amazon India Adds Gentari Mobility As Partner For 10,000 EV Plan For 2025

Amazon India today said that it has roped in electric mobility firm Gentari Mobility for its EV deployment program. Amazon India has an ongoing target of a 10,000 electric vehicles fleet for last-mile deliveries by 2025, where it has already made steady progress with other partners.  Under the latest collaboration, Gentari Green Mobility Business plans […]

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Kinetic Green Raises US$25 Mn From Greater Pacific Capital

Kinetic Green, an Electric Vehicle (EV) manufacturer secured a US$25 million investment from Greater Pacific Capital (GPC), a global private equity firm. This investment is part of an overall targeted Series A fundraising of up to US$40 million. GPC’s investment in Kinetic Green is through a combination of instruments including common equity shares, convertible preference […]

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EESL Issues Bid To Setup 70 MW Solar Projects In Maharashtra

To scale up demand for energy efficiency sector projects and to utilize the financing received from the Asian Development Bank (ADB), the Energy Efficiency Services Limited (EESL) opened bids from eligible source countries of ADB to set up 70 MW of Solar Power Generating Systems (SPGS) in Maharashtra. EESL invited the bids in a sealer […]

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2.8 GW Versus 9.3 GW- EMBER Report Points to Huge Gap In Wind Additions In India

The winds of change are blowing across India’s energy landscape. Over the past three years, annual wind installations have surged, but there’s a catch: the 2023 figures were a whopping 51% higher than in 2022, the latest report from EMBER said. It also said that despite this growth, the current build rate of 2.8 GW […]

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Global Solar Inverter Shipments Grew By 56%: Wood Mackenzie

Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust growth in the solar industry, a latest report from Wood Mackenzie said.  According to Wood Mackenzie’s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of […]

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GAIL, RRVUNL Collaborate For 1 GW Solar & Wind Project

GAIL Limited and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) recently joined hands to set up around 1 GW of solar and wind projects in suitable land parcels, thus creating an opportunity for Round the Clock (RTC) power. Both parties will work together towards setting up around 1,000 MW of solar and wind projects in […]

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Green Stocks Aug 8: After Q1 Announcement, KPI Stock Price Surges

With the closing of the first quarter (Q1) results today, the stock prices of Indian renewable energy comapany KPI Green shot up. Its stocks surged to 5% today. Alongside KPI, Waaree Renewable Technologies also hit the upper circuit by gaining 5% growth. Another company that saw gains in stock prices is Suzlon Energy those stocks […]

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Mooving, HPCL Collaborate To Expand Battery Swapping Stations

Mooving, a smart swapping network powered by Livguard and a brand under the SAR Group announced collaborating with Hindustan Petroleum Corporation Limited (HPCL), a government enterprise. Under the partnership, Mooving will get access to 22,000+ HPCL retail outlets across India to install its automated swapping stations.  One of the key factors in HPCL’s decision to […]

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