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TATA Power Q4 Results Stay Strong, Eyes Faster Renewables Additions

Tata Power Company reported a 31.4 percent year-on-year growth in consolidated profit at Rs 632 crore for the quarter ended March 2022. Revenue from operations grew 15.4 percent to Rs 11,960 crores during the quarter. The company has reported total income of Rs. 12219.36 crores during the period ended March 31, 2022 as compared to []

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Nitin Gadkari Is Sold On the Future of Storage

Union Minister for Road Transport and Highway (MoRTH) Nitin Gadkari gave a ringing endorsement for the future of storage in India, while inaugurating the 8th edition of the India Energy Storage Week (IESA) in New Delhi on May 3. The event formally started on May 2nd and is set to culminate on 6th  May at []

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NSEFI Writes To Fin Min For GST Concessions On Green Technologies

Leading solar body NSEFI (National Solar Energy Federation of India) has pitched to Finance Minister Nirmala Sitharaman, asking for concessional GST and custom duties on emerging technologies and goods essential to encouraging the green transition. As emerging technologies require time and scale to reach price parity with existing carbon-based energy systems, concessional GST & Custom []

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IESA all set to host India Energy Storage Week 2022 this May

In a bid to accelerate the adoption of energy storage, e-mobility, green hydrogen & micro-grids in India, India Energy Storage Alliance (IESA) is all set to host its flagship annual hybrid conference and exhibition, said an official statement. The India Energy Storage Week (IESW) exhibition will be conducted from May 1 to May 6, along []

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Hygge Energy to install Zero Emission Electric Mobility solution at THINK Gas CNG stations

Cleantech solutions provider Hygge Energy has signed an MoU with THINK Gas, a leading operator of CNG Stations in India, to set up Zero Emission Electric Mobility solution at the latters CNG stations. Hygges software solution, which maximizes usage of renewable energy for the purpose of EV charging, will be installed at THINK Gass CNG []

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ChargeZones 125 Strong DC Point Network Powering E-buses across Indian cities

Vadodara based electric vehicle charging network company ChargeZone has announced today that it is powering more than 500 Electric Buses through its nation-wide network of over 125 Superfast DC Points in cities such as Ahmedabad, Chandigarh, Patna, Lucknow, Gorakhpur, Kanpur, Varanasi etc. in a bid to accelerate the growth of e-mobility in India. The company has undertaken this initiative []

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Solar Inverters Move to The Front

When it comes to the Solar market, a disproportionate share of attention is always paid to the modules, or more recently, the module supply chain. The global solar PV module market was valued at $127.9 billion in 2020, and is projected to reach $260.2 billion by 2030, growing at a CAGR of 7.4% from 2021 []

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Ahmedabad based Tirex Transmission Secures funding of $2 Million

TIREX Transmission, a firm focused on  EV charger manufacturing has announced the infusion of $2million from an ultra HNI investor. This $2 million funding will fuel Tirex Transmisson Private Limiteds Growth and R&D efforts for international markets where USA is the first country of focus. Founded by Sanskar Patel, Tirex Transmisson Private Limited started its []

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Draft Battery Swapping Policy From Niti Aayog- Key Points

The much awaited Draft Battery Swapping Policy is finally out. Released by the Niti Aayog, the new policy is widely expected to give a push to the EV transition, by helping add incentives for manufacturers, lower costs for consumers, and setting standards for interoperable batteries. A battery swapping policy is seen by many experts as []

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