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Energy Transition

In 2023 China EV Witnessed 35% Rise YoY: Rystad

Rystad, an energy research and business intelligence company recently shared insights on the ongoing trend in the electric vehicle (EV) market in 2024. According to the Rystad report, “The electric vehicle (EV) market is on track in 2024 as emissions reduction targets clash with falling consumer spending amid enduring economic uncertainty.” Rystad Energy research forecasts, […]

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Inox Wind Q3 Results-Firm Turns PAT Positive

Inox Wind Limited (IWL), one of India’s leading wind energy solutions provider, today announced its financial results for the third quarter of Fiscal Year 2024 (FY24). Continuing its turnaround journey, Inox Wind turned PAT positive in Q3 FY24, reflecting the successful implementation and outcome of its recent strategic measures as well as operational improvements. Notably, […]

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SOFAR Showcases Its Latest Offering For Polish Market At ENEX

SOFAR, a global Photovoltaic (PV) and energy storage system, ESS solutions provider showcased its latest innovations in renewable residential, Commercial and Industrial (C&I) and utility segments at ENEX an association of the commercial TV broadcasters, to further expand the company’s influence in the Polish market. In Poland, the growth of energy storage remains prominent in […]

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Assistant Engineer Senior Engineer HV Plant Substation

We are looking for Electrical Engineers with Substation experience (up to 400kV) to undertake engineering design roles for projects in the Transmission and Distribution sector primarily in the UK, Australia and Middle East. The candidate shall have experience in Air Insulated Substation (AIS) and Gas Insulated Substation (GIS) experience. This is a great opportunity for a suitably […]

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Solar Finance Startup Metafin Gets $5 Million Funding

Metafin, a leading cleantech-focused NBFC, has successfully raised $5 million in equity funding, led by Prime Venture Partners and Varanium Capital. This investment backs Metafin’s approach to accelerating rooftop solar adoption and financing in rural India. Metafin plans to utilize funds to expand across states, grow its loan book, enhance its technology and IoT stack, […]

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Stanford Study Develops Battery-Hydrogen Combo For Reliable Grids

A recent study by Stanford University demonstrated that combining battery storage with hydrogen fuel cells can ensure low-cost reliability. In the study Stanford engineering professor Mark Z. Jacobson, he used a computer modelling system to bust the myth, he said, “The fossil fuels – rather than a combination of renewables, battery storage, and hydrogen fuel […]

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EU Finalizes Net-Zero Industry Act, Boosts Green Technology Deployment

The Council and the European Parliament recently reached a provisional deal on the regulation establishing a framework of measures for strengthening Europe’s net-zero technology products manufacturing ecosystem, better known as the ‘Net-Zero Industry Act’ (NZIA). Under the agreement, there will be a single list of net-zero technologies, with criteria for selecting strategic projects in those […]

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Gensol Engineering Raises Rs 900cr Equity Through Preferential Round

Gensol Engineering Limited, a renewable energy and electric mobility pioneer, today raised a significant Rs 900 crore (Rs 9 billion) equity capital through warrants convertible into equity shares on a preferential basis. This major milestone comes at a juncture when Gensol is on a growth trajectory and is leading the green energy and clean mobility […]

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Omega Seiki, Attero Partner For Recycling 100 Mwh Of Battery In 4 Years

EV player Omega Seiki Private Limited (OSPL) and Attero, a distinguished leader in e-waste management and lithium-ion battery recycling, have signed an MoU that marks a significant leap for the electric vehicle sector and lithium-ion battery recycling. The players have called it a landmark move for both the electric vehicle (EV) sector and e-waste management. […]

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