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Hyderabad-headquartered BikeWo, a multi-brand two-wheeler Electric Vehicle (EV) firm has launched ‘BikeWo Shield’. The shield promises a five years’ warranty, which the firm hopes will increase the adoption of EV by instilling confidence in customers with regards to safety and reliability of EVs. BikeWo maintains that the scheme stands out from other such existing ones […]
The state of Goa requires producing 80 MW of renewable energy that may help the state government to make Panaji a solar city. This also needs to be substantiated with the efforts on the part of the people of Goa by installing more and more solar panels, believes Chief Minister of Goa, Pramod Sawant. Out […]
A new study conducted in unison by IEEFA (Institute for Energy Economics and Financial Analysis) and Ember to create the States’ Electricity Transition (SET) Scoring System. The report takes a look at 16 states in India. The report has analyses 16 Indian states that make up 90% of the country’s yearly power needs. The states […]
Enabling policies both at national and state level have made the environment conducive for e-mobility in India. The figures speak for themselves. Of the 36 states and Union Territories in the country, 26 have released EV policies over the last 5 years, with 16 of them being released between 2020 and 2022. A study by […]
State-owned non-banking financial firm Power Finance Corporation (PFC) has reported a 7% increase in its consolidated profit, standing at Rs 5,241.10 crore in December quarter. Higher revenues have contributed to this increase. PFC’s consolidated net profit was pegged at Rs 4,893.91 crore in FY22 October-December quarter. The cumulative income of the firm rose to Rs […]
There will be no floating solar plants coming up in the Kaleshwaram Lift Irrigation Scheme area in Telangana. Telangana Energy Minister G Jagadish Reddy has clarified in the State Assembly that the floating solar idea has been dropped by the state government as it was opposed by the fishermen. The project, the world’s largest lift […]
State owned Hindustan Petroleum Corporation Limited (HPCL) is exploring acquisition opportunities in Renewable Energy – Solar / Wind and Hybrid assets with or without storage with expected asset Capacity of minimum 50 MW. The PSU is aiming to augment its renewable business through the intended acquisition. As per the notification, in case a seller is […]
The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […]
The Ministry of New and Renewable Energy has released the latest AMM (Approved list of module manufacturers) for January 2023,and the list of manufacturers continues to grow. 14 new manufacturers make an entry in January, notably BHEL with a 214 MW approved capacity or its plant at Bengaluru. The only other notable entrants to the […]
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