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Startup Feature – Cell Propulsion

Total employees: 30 Key operational areas (Products, Regions, Clients) The company is poised to drive massive growth of nascent heavy electric commercial vehicle market and capture its major share. It is developing connected, electric powertrains for electric buses. They will be used to electrify the fleets of 12m, 16ton city transport buses. The company is […]

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Alternet Systems $100 mn E-Mobility Investment Campaign Gains Momentum

Alternet Systems has a new interest in its USD 100 million investment campaign to fund regionally specific electric mobility technology R&D and production Alternet Systems, Inc. (ALYI) has announced a new interest in the company’s recently announced USD 100 million investment campaign to fund regionally specific electric mobility technology research and development and production. The […]

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Will be Happy to Collaborate with Indian Firms for EV Chargers: Rucas Wang

Growatt has developed a variety of EV chargers. We have been actively expanding our business across the globe and our EV chargers are getting popular in Europe. I would be happy to discuss collaboration with Indian clients that are interested in developing business in this sector. Over the past years, we have been increasing investments […]

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Startup’s Feature

Zunroof Solutions Brief Details Total employees: 150+ Turnover: Over Rs 50 crore Key operational areas (Products, Regions, Clients): Design, Delivery and Diagnostics of rooftop solar solutions through an app. Present in 10+ states and 60+ cities. Founder/promoter details: An IIT Kharagpur alumnus, Pranesh Chaudhary, had seven years of experience advising some of the largest financial […]

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India Mulls Subsidies for Battery Manufacturing

The government is in the process of zeroing down a direct subsidy plan for battery manufacturing in the country. The government is working on a direct subsidy plan of about Rs 700 crores which will aim to attract Indian as well as foreign firms to play a part in domestic manufacturing of batteries. Benefits such […]

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Union Budget 2019: A Mixed Bag for the Solar Industry

As expected from Modi Government 2.0, India’s first full-time woman Finance Minister Nirmala Sitharaman had few eggs in her basket for the renewables sector. Here’s how the key stakeholders of the solar industry, including policymakers, think tanks, leading private players have reacted to the government’s Budget for FY19-20: After the budget, Power Minister R. K. […]

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The Big Moves in Budget 2019

Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […]

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Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget

As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […]

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Residential Storage Market Project to Reach $17.5 Bn by 2024

A new report has revealed that the global residential energy storage market is projected to reach USD 17.5 billion by 2024 from an estimated USD 6.3 billion in 2019, at a CAGR of 22.88% during the forecast period. The report released by market research solutions firm ReportLinker revealed that this growth is attributed to factors such as declining […]

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