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Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project

Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […]

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Snap-E-Cabs Plans To Train, Engage 100 Women Drivers In West Bengal

Snap-E Cabs, an on-demand, app-based fleet of 100% Electric Vehicles (EV), has planned to increase the number of female cab drivers in its fleet. The company is set to train and engage the first batch with 30 female drivers and 50-60 in the subsequent two batches and take the overall count to about 100 in the next […]

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MNRE Increases Subsidy For New Residential Solar Rooftop Consumers

The Ministry of New and Renewable Energy (MNRE) announced an increase in the Central Financial Assistance (CFA) under the rooftop solar scheme (Phase-II) for different categories of residential consumers. The ministry said that the new rates will be applicable for projects undertaken either through the tender mode or through applications received through the National portal […]

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Emmvee Inks Pact With KPI Green To Supply 300MWp Solar Modules

Solar module manufacturer Emmvee Photovoltaic Power today announced a landmark supply agreement to deliver 300MWp of Bifacial Mono-PERC Solar panels to KPI Green Energy Ltd. This order, destined for a 240-megawatt solar plant in Gujarat, underscores Emmvee’s robust position in the solar energy sector, it said. Currently, Emmvee boasts a module manufacturing capacity of 3 […]

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Hyundai Motor, Kia to Develop Technology For Hydrogen Fuel Cells

Hyundai Motor Company (Hyundai Motor), Kia Corporation (Kia) and W. L. Gore & Associates (Gore) have signed an agreement at the Mabuk Eco-Friendly R&D Center, Korea, to collaborate on the development of advanced polymer electrolyte membrane (PEM) for hydrogen fuel cell systems. The joint effort between the parties will encompass key aspects of PEM development. […]

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Ola Electric Is Numero Uno Electric Seller In 2023.

Society of Manufacturers of Electric Vehicle (SMEV) in its data for FY 2023-2024, revealed that Ola Electric has captured the largest market share of 33% in FY 23-24. It’s an increase of 12% from 21% in 2023..   Up till FY22, Hero electric held a market share of 27% which means that it share dropped by […]

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Govt To Electrify 1L Unelectrified Tribal Households With Off-Grid Solar

The Ministry of New and Renewable Energy (MNRE) is now all set to roll out a dedicated scheme to electrify the unelectrified households of Particularly Vulnerable Tribal Groups (PVTGs) under the Pradhan Mantri Janjati Adivasi Nyaya Maha Abhiyan (PM JANMAN). The MNRE recently issued a notification in this regard. The order said that the ministry […]

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Ayodhya To Be Adorned With Solar Trees As Ram Temple Consecration Approaches

What could better the illumination of Ayodhya with solar power as the consecration of ‘Suryavanshi’ Lord Ram is just weeks from here? Advancing the initiative to incorporate renewable energy sources extensively in the sacred city of Ayodhya, 42 parks will be illuminated using solar power. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) […]

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