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benefits of solar energy

Scotland’s Firth of Forth Net Zero Hub Key for Climate Goals: WoodMac

The development of net zero hubs around the UK has proved a key plank of the country’s strategy towards achieving net zero by 2050. Scotland, which has a 2045 net-zero target, could advance its ambitions by establishing a net zero hub on the Firth of Forth, research from global natural resources consultancy Wood Mackenzie. “Net […]

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“We have pioneered in solving the twin problems of supply and demand of electricity”, Pranesh Chaudhary, Zunroof

ZunRoof  was one of the early movers on the solar rooftop space, going the start up way with fund raises and an aggressive expansion strategy. From solar rooftops, where the IIT Kharagpur educated founders touted their proprietary tools for tracking and performance to the move into IoT based devices for energy savings, the firm has […]

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Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead

Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […]

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Battery Startup Log 9 Materials Raises $5 million from Amara Raja Batteries

Bengaluru-headquartered advanced battery-tech Log 9 Materials has announced an equity partnership and collaboration with Amara Raja Batteries (ARBL), one of India’s largest manufacturers of industrial and automotive batteries. The deal involves an investment of $5 Million from Amara Raja Batteries during its ongoing Series A+ funding round. For ARBL, the investment follows the announcement of […]

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PV-driven Microbial Foods Can Produce Sustainable Agriculture: Study

A group of researchers has demonstrated that using solar energy to produce nutrient-rich microbes can have the twin benefits of increasing food production in an environmentally sustainable way. Scientists at the Göttingen University in Germany examined large-scale production of microbial biomass by combining ground-mounted photovoltaics, air, water, and nutrients. Their findings were published in the paper […]

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Lexus India Extends HEV Battery Warranty Upto 8 Years to Escalate Electrification

The Indian subsidiary of the luxury vehicle division of the Japanese automaker Toyota, Lexus India announced yesterday that it has extended the battery warranty period of its hybrid electric vehicles (HEV) from five years to a period of eight years.  Lexus declares that this initiative has been taken to speed up its electrification vision and […]

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Equinor, RES & Green Giraffe Partners for Floating Offshore Wind in France

Equinor, RES, and Green Giraffe join forces and form Océole, a partnership dedicated to developing floating offshore wind in France.  Océole will evaluate and work towards submitting bids in the upcoming floating offshore wind tenders held by the French government. Establishing this partnership is in line with the three companies’ ambition of delivering high-performance floating offshore […]

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Norway Firm REC Silicon Reports $35.6 M Revenue in Q2 FY21

REC Silicon is exploring opportunities created by President Biden’s renewable energy agenda to utilize its proven FBR technology to provide low-cost, low-carbon polysilicon for the solar value chain, said Tore Torvund, CEO of the Norway-based silicon materials producer. The company recently reported second quarter 2021 revenues of USD 35.6 million versus USD 28.0 million in the […]

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Hero Lectro Cargo Launches Maiden Flagship Store in New Delhi

A division of Hero Lectro, Hero Lectro Cargo (HLC) has launched its first flagship store of cargo e-bikes in the upmarket Lajpat Nagar area of South Delhi to cater to its consumers in the last-mile e-commerce delivery sector. The flagship store will display the latest Hero LectroWINN cargo e-cycle (and its high range variant – […]

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