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Indian market

Servotech Adds 2,649 EV Chargers Order from BPCL

Servotech Power Systems Ltd., a manufacturer of EV chargers in the country, has bagged 2649 AC EV chargers order from Bharat Petroleum Corporation Limited (BPCL). The firm will be responsible for manufacturing, supplying and installing 2649 AC EV chargers order strategically across the nation. The EV chargers order comes under the BPCL E-drive project, equipping […]

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Need To Extend Subsidies For Below 1kW Rooftop Solar Segment: CEEW

A recent report by the Council on Energy Environment and Water (CEEW) identifies a significant growth potential in rooftop solar (RTS) subsidies, particularly in the 0–3 kW categories. This potential is attributed to the implementation of direct capital subsidies, with untapped opportunities in the 0–1 kW category. Drawing from comprehensive household data in the India […]

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Early Stage VC SeaFund Invests in 5 DeepTech Startups 

Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […]

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Tata Power Receives First Set of BESS for 120 MW Energy Project

Tata Power has received the first set of Battery Energy Storage Systems (BESS) for 120 MW Energy Project from TATA AutoComp, a conglomerate that provides products and services to the Indian and global automotive OEMs. The BESS is for a capacity of 6 GWh. Dr. Praveer Sinha, CEO & MD, Tata Power received the BESS […]

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Residential Solar Rooftop Potential Linked To Subsidies-CEEW Study

Over 25 crore households across India have the potential to deploy 637 GW of solar energy capacity on rooftops, according to a new report by the Council on Energy, Environment and Water (CEEW) report released today. The CEEW report found that deploying just one-third of this total solar technical potential could support the entire electricity […]

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Current Growth Insufficient To Meet Global Net Zero Targets: KPMG Report

A latest report from KPMG said that current developments across the world were not enough to meet the net zero targets globally.  It said that governments and industry must deliver transformative change on net zero but are currently hamstrung by significant barriers, including global public debt, domestic tensions, increased opposition to decarbonization plans, and the […]

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Suzlon Gets RLMM Enlisting for S144 – 3 MW Turbine Series

Indian wind turbine manufacturer Suzlon has received the RLMM (Revised List of Models & Manufacturers) Listing from MNRE (Ministry of New and Renewable Energy) listing of its S144 – 3 MW series of wind turbines. This will enable the firm to pave the way for the successful commercialization of the product. Suzlon has already installed […]

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Suzlon Sees Increased Demand Behind Its Surged EPC Business

Indian wind turbine manufacturer Suzlon claimed that the increased demand in the wind energy market and the wide range of services rendered by the company led to its increase EPC market. The information was shared by the top officials at the recent investors call.  “..more is coming in because of the demand from the market. […]

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