SUBSCRIBE NEWS LETTER

Indian market

Battery Smart FY22 Revenues at Rs 7.95 Crore, Stations Cross 500 Mark

Backed by some strong investor backing, three year old EV battery swapping solution provider Battery Smart finally hit its straps in the last financial year. Battery Smart’s revenue from operations jumped to Rs 7.95 crore during the fiscal year ending March 2022 from Rs 18 lakh in FY21, as per the consolidated annual financial statement […]

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EV rental services set up their own charging stations to ensure seamless customer experience: Dr Irfan Khan, eBikeGo

Electric vehicle (EV) rental services, particularly for two-wheelers, has seen a significant rise in India in recent years. This can be attributed to various factors, including the growing awareness about the benefits of EVs, the increasing availability of charging infrastructure and the government’s push towards the adoption of electric vehicles. In 2021, electric two-wheeler sales […]

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Mahindra Solarize, Ecofy Collaborate for 500 Solar Rooftops in Retail Segment

Solar energy firm Mahindra Solarize has announced collaboration with Ecofy to step-up financing and installation of rooftop solar in the retail segment. Ecofy is an NBFC. Mahindra Solarize will help facilitate collateral free loans for solar rooftop installation. This will help in to accelerate green energy adoption in India. Both Mahindra Solarize and Ecofy believe […]

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With An Aim Of 40% Domestic Sourcing By 2030, European Commission Announces Net Zero Industry Act

Following the Inflation Reduction Act in the US, India’s own PLI schemes and the Basic Customs Duty on Solar Imports, the European Commission is set to erect some protectionist fences at its borders too. Under the  European Commission’s (EC) proposed Net Zero Industry Act, which seeks to accelerate the decarbonisation of the energy sector in […]

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Australia India Trade Association Inks MoU with SMART Energy Council of Australia

The Australia India Trade Association (AITA) welcomed to India more than 20 clean energy firms based in Australia. The delegates are visiting the country as part of SMART energy council that is being led by Australian Prime Minister Anthony Albanese. On the occasion, the delegates interacted with Kanubhai Desai, who is the minister for energy […]

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“Maintenance of wind turbine blades must be condition-based, not time-based”, Mahesh Wagle, Cybernetik

A three-decade old firm, Pune-based Cybernetik has been practively working to deliver customized automation and equipment solutions for the wind energy industry. With the EV sector gathering steam, Cybernetik has also shifted focus to build battery packs in the EV sector. The firm has in its list of clientele leading auto players such as Bajaj, […]

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“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy

Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […]

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Denmark’s Copenagen Infrastructure Partners to Develop Wind Projects in India

Denmark-based investment firm Copenhagen Infrastructure Partners (CIP) has joined hands with Indian firm that develops wind projects, Viviid Renewables for the establishment of over 1.8 GW of renewable energy capacity in India. CIP entered into the agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF I). The Indian firm and the Danish firm […]

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Green Energy Trading Continues Fall on IEX In February

In its February power trading release, the Indian Energy Exchange (IEX) has disclosed that it enabled trading for 341 million units (MU) of renewable energy in February 2023, a 2% decrease month-over-month (MoM) (347 MU) over the previous month and a 25% year-over-year (YoY) decrease. The average daily trading volume on the exchange increased by 5% […]

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