Author: Chitrika Grover

Saft Uses Nickel Technology In Backup Batteries For J&K Rail Tunnels

Saft, a subsidiary of TotalEnergies, delivered backup batteries for critical safety systems in tunnels along a new stretch of the Udhampur-Srinagar- Baramula Rail Link (USBRL). This battery is used between Banihal and Sangaldan towns in the Kashmir valley. Prime Minister Narendra Modi opened the new section of the USBRL in February 2024, laying importance on […]

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Green Stocks May 27: Waaree, Inox Stocks See A Jump

In the last one day three green stocks recorded jumps in their stock prices. These included Waaree Renewables (5% increase), Inox Wind (5%) and JSW Energy (3.55%). Two other renewable companies also recorded increase in their stock prices. For example Borosil Renewables reported a rise of 2.42 percent in their stock prices while Adani Green […]

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Australia Releases New Policy To Augment Battery Production

Australia is currently positioned as one of the 15 top-ranked global leaders in mineral resources, and commodities, underscoring its potential to drive innovation and economic growth. Recognizing this, Australia has embarked on a transformative journey with its National Battery Strategy, a pivotal initiative to catalyze a robust domestic battery industry. This new strategy according to […]

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Zypp Electric Raises $15Mn Investment From ENEOS

Zypp Electric, an Indian-based tech-enabled EV-as-a-service platform, has kicked-off its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS, comprised of Series C1 funding of $15 million in equity closure as part of its ongoing $50m round, which splits into $40m equity and $10m in debt. The equity funding […]

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Hitachi’s Transmission Project Stabilizes RE Supply To Australian Power Grid

Switzerland-based Hitachi Energy was recently selected by Marinus Link Pty Ltd (MLPL), jointly owned by the Australian, Tasmanian, and Victorian governments to supply a high-voltage direct current (HVDC) project. This project is expected to augment the connection between mainland Australia and Tasmania’s grid. The transmission project is an approximately 345-kilometer cable route HVDC system and […]

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Green Stocks May 24: Waaree, Inox See Highest Rise Of Stock Prices

In the last one day, two out of 12 green stocks witnessed a 5 percent rise in their stock prices. These included–Inox Wind Energy, and Waaree Renewable leading the way with a 5% each. On the other hand, remaining green companies witnessed a decline with Suzlon Energy, taking the hit with 4.99% dip. Other companies […]

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Avaada, Apraava, ReNew & JSW Bag NTPC’s 1.5 GW Solar Contract

Indian power behemoth NTPC recently awarded the contracts to four developers to setup its 1,500 MW of solar project. The Indian Renewable Energy Implementing Agency recently announced the results of its tender, floated earlier. The tender was meant for Inter-State Transmission System (ISTS) through these new proposed solar projects. Based on the reverse competitive bidding, […]

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Recurrent Energy Secures €1.3 Bn For European RE Projects

Recurrent Energy, a subsidiary of Canadian Solar secured a multi-currency credit facility valued at up to €1.3 billion with ten banks for renewable energy projects in several European countries Recurrent Energy a developer and an owner of solar and energy storage assets secured the credit for the construction of renewable energy projects in several European countries. […]

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INKEL Seeks Bids For O&M Of On-Grid RT Solar Plants In Kerala

Inkel a project management consultancy in Kerala and the company involved in installation and management of solar projects in Kerala invited quotes from contractors. The company invited quotes for the operation and maintenance of grid-connected ground-mounted solar power plants installed by INKEL at various locations in Kerala. operation and maintenance of grid-connected ground-mounted solar power […]

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