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Exicom Launches DC Chargers With Power Outputs Up To 400kW

Exicom, an electric vehicle (EV) charging and critical power solutions provider in India, launched fast DC Chargers up to 400kW. The newly launched Harmony Gen 1.5 DC Fast Chargers are bundled with a range of advanced features including an advanced AI-driven remote management system. It has high operational efficiency, integrated ambient lighting, and many features []

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Tata Power Results In Line With Expectations, Q4 Profits Up 18%

Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of 4,280 crore and Revenue of 61,542 crore for FY24  Q4 FY24 PAT up 18% to 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the companys renewables portfolio crossed the []

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IEA Report Advocates Digital Integration Of Power Grids To Boost Efficiency

A latest report from the International Energy Agency (IEA) report highlighted the importance of matching growth with clean energy transition through digital power grids.  The IEA report presented electricity transmission through the power grid as an alternative to support urban areas with more than 80% of the global GDP. They report contribute to more than []

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Fortum Sells Stake In Indian Solar Portfolio To Gentari Renewables

Finland-based Fortum sold its ownership in the 185-MW Indian solar portfolio and is considering alternatives for its remaining operations in India. Fortum signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Malaysia-based Gentari Renewables India Pte. Ltd., a subsidiary of clean energy solutions provider Gentari Sdn. Bhd. Gentari []

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News Briefs May 3 -Envirospark, GAF Energy, REC Silicon, DOE Grants

EV Charging Company EnviroSpark Secures $50 Million Investment from Basalt Infrastructure Partners US electric vehicle (EV) charging company EnviroSpark Energy Solutions announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners an infrastructure equity investment firm focusing on investments in Europe and North America. This investment will enable EnviroSpark to []

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BII Invest $19 Mn To Expand CHARGE Zone Network In India

CHARGE ZONE, secured a $19 million commitment from British International Investment (BII), the UKs development finance institution (DFI) and impact investor.  CHARGE ZONE, is an Indian electric vehicle (EV) charging network provider, and DFI is the UKs development finance institution. This collaboration forms part of their long-term plan to create a network of one million []

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Inverter Major Sungrow Overtakes Longi By Market Cap

Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of []

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Elections 2024: Renewables Take Center Stage In Political Parties Manifestos

The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled []

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BPCL Awards 52 MW Solar Consultancy Contract To Ahasolar Technologies

Bharat Petroleum Corporation (BPCL) has announced it has awarded the consultancy contract for setting up a 52 MW solar power project in Prayagraj, Uttar Pradesh to Ahasolar Technologies. The tender for the solar power project was floated by BPCL in February. Under the ambit of the project, BPCL has planned to power its refineries through []

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