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Magenta ChargeGrid Launches Its First DC charger with Fast Charging Capacity

Navi Mumbai-based EV Charging company, Magenta ChargeGrid inaugurated its first EV charger in the state of Kerala through its partnership with Crescendo in the Malabar region of Kerala. Crescendo has partnered with Magenta to offer EV Charging to its customers in Kozhikode and for all EV owners who are traveling through Kozhikode. Magenta ChargeGrid team […]

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Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market

Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from  BITS Pilani. Having helped build robotics solutions in India’s first deep […]

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Ather, SBI collaborate to Widen Financing Options for EV customers

Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […]

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Tata Motors Bags Biggest EV Fleet Order From BluSmart

Close on the heels of the $50 million fund raise by BlueSmart, it has placed an order for 10,000 XPRES T EVs with Tata Motors, presently the largest four wheeler EV manufacturer and seller in the country,.   This deployment of 10,000 units makes this the biggest ever EV fleet order in India. With deliveries […]

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Magenta ChargeGrid Crosses 100 Home EV Chargers Milestone in Delhi

Magenta ChargeGrid has successfully installed around 116 EV chargers under the Delhi government Single window scheme. The chargers have been installed in several locations of Delhi such as Munirka, Chattarpur, Jamia Nagar, Vasant Kunj, Dwarka, Rohini and more. Magenta has been empaneled by three DISCOMs of Delhi including BRPL, BYPL and TPDDL for a period of […]

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eBikeGo, Log9 Materials In Partnership For 10-min Superfast Charging Technology for Velocipedo

eBikeGo an electric two-wheeler mobility platform, has recently partnered with Bengaluru-headquartered advanced battery technology start-up Log9 Materials to launch their 10-minute Superfast Charging Technology (InstaCharge technology) for their upcoming electric trike, Velocipedo. Both the companies have entered into a long-term partnership by signing a Memorandum of Understanding (MOU). With this partnership, eBikeGo aims to disrupt […]

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Disruption In Supply Chain Doubles Downtime Days For Solar Developers

Disruption in supply chain has reversed the downward trend in average business interruption (BI) claims for renewables developers, according to a report attributing the disruption in supply to surge in energy prices and the COVID-19 pandemic. The average number of downtime days has nearly doubled in the solar sector globally, surging beyond the renewable sector-wide […]

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Servotech Power Systems Ltd. Announces Results for FY22, Revenue rises 64% from FY21

Servotech Power Systems Ltd. (NSE: SERVOTECH), a prominent manufacturer of Solar, LED, medical-grade, and electric vehicle (EV) charging solutions, presented its annual financial results for the year ended March 31, 2022 at its Board of Directors meeting on May 20, 2022. Servotech Power Systems Ltd. bagged an annual revenue of Rs. 14,425 lacs as against […]

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