Author: Chitrika Grover

Volkswagen Plans To Introduce Entry-Level EVs In Europe By 2027

German-based company, Volkswagen board of management of the Volkswagen Group decided to make all-electric entry-level mobility more widespread. Volkswagen Group brings electric cars for EUR 20,000 and its world premiere is planned for 2027. Oliver Blume, CEO of Volkswagen Group said: “Generations of people associate the strong brands of the Volkswagen Group with their first […]

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Clean Power Can Reduce India’s Dependence On Gas For Peak Demand: IEEFA

The Institute for Energy Economic and Financial Analysis (IEEFA) in its recent report found that new and cleaner options could soon replace the role of gas-based power in meeting peak electricity demand in India. India’s peak power demand, which, according to government forecasts, is likely to cross 350 gigawatts (GW) by 2030. The IEEFA in […]

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Panasonic Energy Reports 15.45% Revenue Growth In FY23-24

Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today, announced the audited standalone results for the financial year ended on March 31, 2024. Panasonic reported revenue growth of 15.45% over the last financial year and a 198% increase in profit after tax (PAT). These numbers are a result of cost-efficiency initiatives, […]

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Indowind Witness Rs 61.50 Lakh Profit In March 2023, Q4

Chennai-based wind energy company Indo Wind recently released its quarterly result report. Indowind Energy has wind farms, manages wind assets, and generates green power for sale to utilities and corporations. In its March quarter, Indo Wind reported a profit of Rs 61.50 lakh. whereas, last year, the company reported a loss of Rs 25 crore. […]

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Green Stocks React To Results, News

Green energy stocks continue to react strongly to every bit of news. Thus, even as every EPC from Shakti Pumps to KPI to Sterling and Wilson Renewable fell, Waaree Renewable rose as management expressed strong optimism on the coming year. Solar glass maker Borosil Renewables stayed in losses, and the stock was duly marked down […]

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Maxvolt Energy Secures USD 1.5 Mn From Angel Investors

Maxvolt Energy Industries, a Noida-based lithium battery manufacturer, and battery pack supplier for electric vehicles, energy storage systems, and medical devices raised 1.5 million USD in funding from multiple angel investors. This capital infusion will support Maxvolt Energy’s plans to advance sustainable energy solutions and strengthen its market position by introducing fast-charging lithium-ion batteries soon. […]

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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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