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Tata Power Plans to Add 2.5 GW of Solar Power In FY24

Tata Power, an electricity generation company, has planned to add 2.5 Gigawatt (GW) of solar energy in FY24, the companys top management said in its latest investors call. The company recently submitted the call details to the Bombay Stock Exchange (BSE) in its self-disclosure. The decision comes after an unexpected consumption increase of only 1.5% []

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Modi Government To Stump Up A Share Of Rs 20,000 Cr for 10,000 E Buses

The Union government has pushed out a scheme to accelerate adoption of electric buses across 100 key cities in India. These cities, with a minimum population of 3 lac people or more, will cover all capital cities of hill states, North East States and Union Territories. Cities lacking transport infrastructure will be at the front []

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Advanced Chemistry Battery Market Demand in India Expected to Grow to 220 GWh by 2030

The Confederation of Indian Industries (CII) has released a report entitled Raw Materials for Battery & Component Manufacturing. The report delves into the following aspects of the Indian battery and component manufacturing industry- The Speedbreakers to EV Industry Growth The report highlights the significant need for localisation of the EV ecosystem in India, as well []

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Germanys MAHLE Introduces Bionic Cooling Plate for Improved Battery Efficiency

Drawing inspiration from the natural world, Germany-based automotive supplier MAHLE has achieved technological advancement through its novel battery cooling plate. By adopting a bionic design for the cooling channels, which mimics natures patterns, the companys engineers have brought about a noteworthy transformation. This innovative approach leads to a enhancement of both thermodynamic efficiency and structural-mechanical []

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Eicher & Amazon Join Hands for 1000 Electric Trucks

Eicher Trucks and Buses has joined hands with Amazon for the electrification of Amazons delivery networks middle-mile and last-mile segments. 1,000 zero-emission electric trucks over the next five years will be introduced. Amazon will deploy 50 Eicher EVs (electric vehicles) all over the significant hubs, which will encompass Delhi, Manesar, and Gurugram. Eichers electric trucks []

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Tata Power Reports 29% Growth In PAT In Q1 YoY

Tata Power today announced its financial results for Q1 of FY24. The Indian power company reported a 29 percent growth in its consolidated Profit After Tax (PAT). Its net profit stood at Rs 884 crore during Q1 of FY 23, which notched up to Rs 1,141 crore during the Q1 of FY24, registering a 29 []

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The Top 5: Improbable Energy Storage Possibilities Turned into Reality

The storage for renewable energy in particular has become one of the main talking points in the energy industry across the globe for the sake of transition to a green future. Intermittent energy sources like wind and solar power often lack the ability, or fall short in their capacity, to accommodate postponed usage. Thus, there []

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CESL May Cancel Tender For E-Buses Due To Poor Response

The Convergence Energy Services Limited (CESL) is now reportedly mulling to cancel its earlier tender, issued in January 2023 for 4,675 electric buses (e-buses). This is apparently due to the poor response from the major Original Equipment Manufacturers (OEMs) towards the tender. The tender was issued under the dry lease tender mode against the popular []

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Punith Kumar U Takes Over as Head of Marketing at Battery Firm Log9

A deep technology and advanced battery technology firm, Log9 has onboarded Punith Kumar U as the Head of Marketing. Punith brings with him an extensive experience in fostering business expansion, strategic scheming, effective marketing, and crafting brands across diverse industry segments. Punith has played a pivotal role in co-founding Azani (later acquired by Cultsport) and []

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