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Govt Calls For Proposal To Develop EV Charging Sub-systems

The government recently announced a Joint Call for Proposals to develop Electric Vehicle (EV) Sub-systems. At a ceremony held at Electronics Niketan, the Ministry of Electronics and Information Technology (MeitY), in collaboration with the Ministry of Heavy Industries (MHI), launched the initiative. At the event, while announcing the Joint Call for Proposals, S. Krishnan, Secretary, […]

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Green Stocks Oct 22: It’s All Red For Green Stocks As Correction Continues

On a day when the broader market witnessed weakness right from the opening bell, our green pack did no better, failing to overcome the weakness in demand from investors. EPC players were the worst hit, with both Waaree RTL and SWREL logging approximately a 5% loss, even as Shakti Pumps and KPI Green struggled equally […]

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Q2 Results: Adani Green Reports Surge In Net Profits, Revenue

Indian renewable energy company Adani Green Energy Limited (AGEL) today announced its financial results for the second quarter (Q2) of FY25 and H1. The latest consolidated results indicated a 39 percent jump in its net profit on an yearly basis. However, on a quarterly basis, the net profit for the firm went down by 18%. […]

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Clean Energy Projects Dominate In Nine BRICS Countries: Report

BRICS is set to hold its latest summit in Russia, marking the 16th annual summit for the association. The summit will take place from the 22nd to the 24th of October this year to discuss the burgeoning economic and global challenges faced by the countries. The summit also sets the stage to evaluate the changes […]

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From 100 MW to 1200 MW-Macwin Solar On Expansion Drive

In another addition to India’s expanding solar manufacturing infrastructure, Surat-based Macwin Solar Energy has announced the expansion of its solar panel manufacturing capacity, along with the launch of a new high-tech facility. the firm currently has a capacity of 100MW at its 10,000 square feet plant in Surat. Established in 2013 as a textile business […]

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With Bulging Order Book, SW Solar Aims Rs 6000cr Revenue In H2

Bolstered by a historic order book value, Sterling and Wilson Renewable Energy (stock code-SW Solar) aims to add Rs 6,000 crore in revenues during the second half (H2) of the financial year 2024-25. In its latest investors call, the company’s top management expressed optimism about the upcoming quarters, Q3 and Q4, referring to the current […]

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Energy Vault and Enervest Partner for 1 GWh Battery Energy Storage Project in Australia

Energy Vault Holdings Inc., a provider of sustainable grid-scale energy storage solutions, has announced a strategic agreement with Enervest Group for the development of a 1,000 MWh battery energy storage system (BESS) at the Stoney Creek site in New South Wales, Australia. The companies are in the final stages of development and grid application approvals […]

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Power Grid To Raise Funds To Secure Rs 5,000cr Through Bonds

Indian government enterprise Power Grid has now decided to raise fresh funding by issuing bonds to secure Rs 5000 crore on a private placement basis. The public-listed company in its latest disclosure before the stock exchange said that the Board of Director of the firm has approved the plan. “…this is to inform that the […]

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Mercedes-Benz Opens Its Recycling Factory In Germany

German carmaker Mercedes-Benz recently opened its first battery recycling plant in Europe with an integrated mechanical-hydrometallurgical process making it one of the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. The recycling plant in Kuppenheim in southern Germany is set to boost the circular economy of automobile batteries. […]

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