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BluSmart Secures Rs. 200 Cr In Pre-Series B Funding Round

BluSmart, the Gensol backed EV RideHailing service provider recently completed its Pre-Series B funding round, in which the company secured Rs. 200 Crore (USD 24 million). The funding will further assist BluSmart in expanding its EV operations and building EV charging infrastructure in major Indian cities. This new investment round saw participation from new investors […]

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Surat Hazira NH6 Commissions 180 kW Solar Power Plant

In a positive sign of how things are changing on the ground, Surat Hazira NH-6 Tollway Pvt. Ltd. has achieved a significant milestone  with the commissioning of a 180 kilowatt (kW) solar power plant at the Mandal Toll Plaza .  The solar power plant is expected to generate 2.26 lakh units of electricity annually, effectively […]

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Growatt Unveils Energy Storage Solutions In Europe

Growatt, showcased its latest extensive offerings at Intersolar Europe 2024, held from June 19th to 21st in Munich. The company’s exhibit prominently featured innovative products designed to meet the growing global demand for energy storage, alongside cutting-edge solutions for solar PV systems, EV charging, portable power stations, and smart energy management. “With the global focus […]

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After Cancelling Tender Earlier, Odisha Again Issues Bid For Solar Boats

In a recent development, the Odisha government again issued a tender with an aim to convert the polluting boats at Chilika lake with solar and electric boats. Chilika lake in Odisha is one of the global Ramsar sites and a major tourist attraction in eastern India. The lake, touted as Asia’s largest saltwater lagoon, is […]

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SolarEdge To Rollout Energy Optimisation Software Platform

Provider of smart energy technology, SolarEdge Technologies, Inc., announced the global launch of SolarEdge ONE for C&I, a complete software-based energy optimization platform for commercial and industrial (C&I) solar applications. It is anticipated that this platform will be widely accessible in the upcoming months. The company’s energy optimization platform, SolarEdge ONE for C&I, was created […]

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Land Issues Slowing Down RE Projects In South Asia: Bloomberg

According to a recent report by Bloomberg’s New Energy Outlook (BNEF), renewables can overtake fossil fuels to reach 51% of power supply in 2030, 63% in 2040, and 70% in 2050. Bloomberg reported the current scenario and found that the global electricity demand based on the Economic Transition Scenario (ETS) grew by over 70% from […]

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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 company’s 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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