Home » Daily Newsletter » Hero Electric Revenues Go Past Rs 850 Cr in Fy22
Satluj Jal Vidyut Nigam (SJVN) Green Energy has floated a tender for a 100 MW(AC) grid-connected solar PV power plant with the balance of the system package including three (03) years of comprehensive operation & maintenance (O&M) at Goliwada, District Patan, Gujarat. PSU firms have...
The Punjab government has approved the spending of Rs 60.50 crore to develop solar energy systems for rural piped water delivery schemes in the state, reducing annual electricity costs by Rs 8–9 crore. With a total installed capacity of 8.698 MW, solar energy plants based...
The market for trading in Renewable Energy Certificates (RECs) has suffered a fresh blow with the Delhi High Court suspending trading in certificates issued before October 31, 2022 for six weeks. The high court passed its interim orders in response to a petition from the...
The Indian Subsidiary of Malaysian oil and gas conglomerate Petronas, Amplus Solar has awarded a significant solar EPC order to Jakson Green, the new energy transition platform supported by the Infrastructure and Renewables giant Jakson Group. Jakson Green will complete and hand over to Amplus...
Goa Energy Development Agency (GEDA) has invited bids for 1.2 MW of grid-connected rooftop solar projects at North Goa and South Goa District hospitals, 600 KW for each. The last date to submit the bid is January 20, 2023, and the bids will be opened...
In a stock exchange filing, INOX Wind subsidiary Inox Green Energy Services Limited (IGESL) is close to the purchase of the majority ownership in a target company, that is a reputable Independent O&M Wind Service Provider with a 230+MW fleet that mostly serves South India....
Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy...
A new report has said that harnessing Africa’s solar energy to produce 50 million tons of green hydrogen a year by 2035 can help secure global energy supply, create jobs, decarbonize heavy industry, enhance global competitiveness and transform access to clean water and sustainable energy....
Saudi Arabia-headquartered ACWA Power Company has inked a power purchase agreement (PPA) with the National Electric Grid of Uzbekistan (NEGU) for a value of $2.40 billion. As per the information shared by the ACWA Power in mandatory filing before the Saudi Arabia stock exchange, the...
On the back of a 2.8X surge in operating income, Hero Electric has ascended to top position in the electric vehicle ecosystem in terms of revenues during FY22. Okinawa and Ather posted Rs 822 crore and Rs 408 crore topline respectively while Hero Electric generated...
In a fresh effort to decarbonise the public transport in the national capital, the Delhi Transport Corporation (DTC) will be purchasing new electric buses from Tata Motors in days to come. In a key announcement, Tata Motors said that DTC has signed a definitive agreement...
Bengaluru based EV financing fintech - Three Wheels United (TWU) - has signed an MoU with Piaggio Vehicles (PVPL) for the procurement of 3300 electric 3-wheelers to be deployed over the next 18 months across Delhi NCR, Uttar Pradesh, Karnataka, Kerala, Telangana, Maharashtra and Andhra...
Governments and investors all across the globe are investing in clean energy technologies, projects, and startups. Replacing dirty and inefficient diesel generators has also interested two of the world's biggest tech giants. Amazon and Microsoft are investing in a clean energy startup called Moxion Power...
A study titled “Electric vehicles: Setting a course for 2030” has been released by Deloitte. For the first time in 2019, sales of battery electric and plug-in hybrid electric vehicles surpassed the two million mark. We adopt a novel method of market segmentation and provide...
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