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Loom Solar Crosses Rs 150 Cr Milestone in Fy24, Profits Spike As Well

Solar energy solutions provider Loom Solar has managed around three-fold growth in its operating revenue during the last fiscal year. Significantly, the Faridabad-based company also tripled its profits in FY24. Loom Solar’s revenue from operations soared by 2.9X to Rs 151.5 crore in the fiscal year ending March 2024 from Rs 53 crore in FY23, […]

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AmpereHour Energy Secures $5mn In Series A Funding

Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […]

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With 50 GW Additions, Solar Momentum Strong In US in 2024

The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released by the Solar Energy Industries Association (SEIA) and Wood […]

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Queensland Governor Inaugurates Infravision’s New Noida Office

Infravision, an Australian-founded technology company specializing in advanced construction and performance solutions for the power transmission sector, has announced the expansion of its India operations with the launch of its new office in Noida, Delhi NCR. The inauguration, officiated by Jeannette Young AC PSM, Governor of Queensland, marks a significant milestone in strengthening Australia-India collaboration […]

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Bhilwara Energy To Raise Rs 500cr To Boost Battery Technology

Singularity AMC, a growth equity firm backed by investor Madhusudan Kela and led by Yash Kela, along with its partners, has signed definitive agreements to invest up to INR 500 crore in Bhilwara Energy Limited (BEL). The investment will support BEL in creating an integrated energy transition platform, HEG Greentech1, focused on power assets, battery-grade […]

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Lectrix EV Partner With Bike Bazaar To Boost E-Mobiity

Lectrix EV, the e-mobility arm of SAR Group, has announced a partnership with Bike Bazaar, a company involved in financing and renting electric two-wheelers, to drive large-scale EV adoption in the last-mile logistics segment. As part of this collaboration, Bike Bazaar will expand its fleet with 1000 new Lectrix electric two-wheelers, including high-range vehicles with […]

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Ladakh: Group Surya Wins Solar-Hydrogen Microgrid Project

Group Surya’s subsidiary, Surya International, has secured an EPC package to develop a 200 kW Solar-Hydrogen BESS-Based Microgrid in Chushul, Ladakh. NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Ltd., awarded the project to the Odisha-based company. NTPC and the Indian Army launched this initiative to utilize green hydrogen for round-the-clock (RTC) power […]

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Startup Focused On Stabilising Solar Heavy Grids Raises $15 Million

Brisbane, Queensland based Australian technology group EcoJoule Energy,  has raised $15 million to power its expansion into the UK, Europe and South East Asia. The battery storage company promises to address the challenges posed by thr addition of solar power through households to the grid with its power management products and software. Founded in 2014 […]

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Juniper Green’s Solar Project To Supply Power To Bhutan

Juniper Green Energy today announced the successful commissioning of its 100 MW solar project. The project is set to supply cross-border electricity to Bhutan. This achievement marks the company’s first merchant plant, the company said. The project facilitates an important cross-border power agreement, aiming to provide 50% of the power generated to Bhutan during the […]

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