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energy markets

PVEL PV Module Scorecard: Jakson Solar Wins Top Performer Status

Jakson Solar, a division of Jakson Engineers Limited, has been recognized as a Top Performer in the 2024 PV Module Reliability Scorecard by PV Evolution Labs (PVEL). PVEL tests several solar modules globally and gives its scores based on the performance of these products on different safety and performance parameters. This includes its performance in […]

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With Latest Funding, Battery Smart To Expand Services In More Cities

Indian battery swapping company Battery Smart announced it has raised $65 million in a Series B funding round led by LeapFrog Investments, the pioneering profit with purpose firm. The equity round consisted of a mix of primary and secondary investments and saw participation from new and existing investors, including MUFG Bank, Panasonic, Ecosystem Integrity Fund […]

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India Adds 11GW Solar Capacities In The First 5 Months Of 2024

The latest statistics from the Ministry of New and Renewable Energy (MNRE) revealed that India added around 11 GW of new solar capacities in the first five months of 2024. However, wind capacity additions remained on a lower side. The latest monthly renewable energy capacity report from the MNRE said that India added 2463.82 MW […]

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Waaree Energies Supplies 68 MW Solar Modules For Mahagenco Project

Waaree Energies Limited, manufacturer of solar PV modules with an installed capacity of 12 GW, as of June 30, announces the successful delivery of 68 MW of its Bi-55 bifacial dual glass framed modules to Gensol Engineering Limited. These modules, delivered in March 2024, are currently being commissioned for the Mahagenco solar PV project. The […]

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Radiance Renewables & PIDG Form JV For RE Growth In India

Radiance Renewables and the Private Infrastructure Development Group (PIDG) company, InfraCo Asia, announced a joint venture (JV) – Radiance InfraCo Renewables Private Limited. The JV will develop a portfolio of greenfield renewable energy projects for C&I clients in India, enabling them to reduce carbon emissions in their supply chain and operations to meet their sustainability […]

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candi solar Secures $38 Million Investment Through Equity

candi solar, a clean energy company specializing in solar power solutions for Commercial and Industrial (C&I) clients, successfully closed its Series C funding round. In this, the company secured $38 million in equity investment. The round was led by Norfund a Norwegian Investment Fund for developing countries, Kyuden International, and STOA. The equity capital investment […]

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Electric Tractor Market Untapped In India: Kaustubh Dhonde, CEO-AutoNxt

How do you see the current ecosystem of electric tractors in India?  Kaustubh Dhonde: The ecosystem of electric tractors in India is in its nascent stage but shows immense potential for growth. As one of the pioneers in this field, AutoNxt Automation is leading the charge with innovative solutions like our autonomous electric tractor, “Hulk.” […]

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Mobility Firm Marelli To Supply Battery Thermal Plate To Carmakers

Marelli has been awarded a contract from a major global carmaker to supply the Battery Thermal Plate (BTP) for future Battery Electric Vehicles (BEVs). The solution, a key technology for thermal energy management in electric vehicles, has been developed and will be produced in-house by Marelli. The supply will begin in 2024, reaching approximately 5 […]

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US Solar Installed Capacity Soars 71% In Q1 2024, Hits 200-GW Mark

US Solar Manufacturing Association (SEIA) recently reported setting a record 11 gigawatts (GW) of new solar module manufacturing capacity in the United States during Q1 2024. The organization claims this to be the largest quarter of solar manufacturing growth in American history. According to the US Solar Market Insight Q2 2024 report released by the […]

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