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Log9, TORK Motors Partner To Boost Interoperable Charging Infrastructure

Battery pack manufacturer Log9 Materials and Indian electric motorcycle manufacturer TORK Motors announced partnership to promote interoperable charging infrastructure in India under the Bharat Charge Alliance (BCA) initiative. Both Log9 and TORK Motors are members of BCA. Log9, introduced Type 6-Bharat LEV fast charging across its new battery platforms in the 2W/3W space. Type 6 […]

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Lack Of Climate Finance Hindering Global Renewable Deployment: IRENA

The recent report on energy transition and climate finance released by the International Renewable Energy Agency (IRENA) underscores the pivotal role of the energy sector in reducing emissions, particularly in light of the updated Nationally Determined Contributions (NDC) targets. The study reveals that 90% of participating parties have identified renewable energy generation as a key […]

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Profit Uncertainty Holding Back Europe’s BESS Growth: Rystad Report

A recent research report on battery storage energy systems (BESS) by Rystad Energy claimed that the profit uncertainties in Europe have held back the growth of BESS. According to the latest research, which analyzes day-ahead power prices in Europe for 2023, Bulgaria (BG), Italy (NORD) and Hungary (HU) offer the highest profit potential for BESS […]

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Waaree Partners With IRCON To Supply Solar Modules To Karnataka

Indian renewable energy company Waaree Energies Limited today announced its partnership with IRCON Renewable Power Ltd. to supply over 200 MW of DCR category solar PV modules for Karnataka. IRCON Renewable Power Ltd., a subsidiary of the public sector undertaking IRCON International Ltd., is a Special Purpose Vehicle (SPV) for the setting up of a […]

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AutoNxt Automation Showcases New Electric Tractor at KRISHITHON

AutoNxt Automation, which claims to be the electric tractor venture in India, presented a new application, Loader in 45HP tractor and the prototype of 20HP electric and self-driving tractor at KRISHITHON 2023. Kaustubh Dhonde, Founder & CEO (Chief Executive Officer) of AutoNxt Automation, expressed enthusiasm, “We are extremely proud to introduce our new application of […]

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CERC Allows Uttarakhand RE Generator To Avail RECs Despite Delays

The Central Electricity Regulatory Commission (CERC), in its latest judgement used its ‘Power To Relax’ provision to provide relief to Uttarakhand-based renewable energy generators in the matter of the issuance of Renewable Energy Certificates (REC). The order was passed when the petitioner, Dhanashree Agro Products, a Haridwar-based sugar mill, moved the CERC. The sugar mill uses bagasse […]

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Sungrow To Supply South Africa’s First Hybrid Wind-Solar-Battery Project

Global solar inverter player Sungrow signed a supply agreement with French renewable energy group EDF Renewables, to provide 264MWh liquid-cooled energy storage systems and MV transformers, for the Umoyilanga project – South Africa’s first wind-solar-storage integrated hybrid virtual power plant (VPP). EDF Renewables, and privately held investment company Perpetua Holdings (Pty) Ltd, won the Umoyilanga […]

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Adani Green Seals Its Largest Project Financing Of USD 1.36 billion

Adani Green Energy Ltd (AGEL) announced a follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.  The renewable energy firm said that the green loan facility would play a pivotal role in enabling the development of AGEL’s next […]

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