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iRasus Technologies Raises Over Rs. 4cr In Seed Round

iRasus Technologies, an analytics and intelligence provider on battery data for users in the electric mobility and stationary battery storage solutions raised over Rs. 4 crores in its seed round. It has raised the funding in its seed round from IAN Group and others to provide data intelligence and generate insights on battery storage solutions […]

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WTO Establishes Panel To Ascertain Tax Credits Rule Under IRA   

The World Trade Organization’s (WTO) Dispute Settlement Body (DSB) at a recent meeting agreed to a request from China to establish a dispute panel. This panel will rule on the WTO compatibility of certain tax credits under the US Inflation Reduction Act (IRA). The move was expected after China made it clear that it opposed […]

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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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Mirae Asset Investment Launches ETF Focused On EVs

Mirae Asset Investment Managers (India) has launched India’s first exchange-traded fund (ETF) focused on electric vehicles (EV) and the new-age automobile industry, after the National Stock Exchange (NSE) launched the new Nifty EV- an index.  last month.The New Fund Offer (NFO) of Mirae Asset Nifty EV and New Age Automotive ETF starts on June 24 […]

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US Releases New Rule To Incentivise Clean Energy Production Under IRA

The US Department of the Treasury and Internal Revenue Service (IRS) released proposed guidance on the Clean Electricity Production Credit and Clean Electricity Investment Credit under the Inflation Reduction Act (IRA). This guideline was established by President Biden’s Inflation Reduction Act (IRA), to provide clarity to developers of clean electricity projects. This guidance is expected […]

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News In Brief- Trina Solar in South Africa, Virat Kohli For Amaze And More

Amaze, the energy solutions brand, launched its new brand campaign Hamesha #ReadyToPerform, and showcased its widest range of inverters, batteries, and solar products in Lucknow, today. Virat Kohli headlines the brand promotions. Trina Solar Powers Groundbreaking Mooi Plaats 283MWdc Photovoltaic power plant in South Africa.  Trina Solar  announced its partnership with China Energy International Group and China Gezhouba Group to power […]

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Jio-bp To Set Up EV Charging Points At House of Hiranandani Infra

Fuel retail joint venture of Reliance Industries and bp, Jio-bp has announced a partnership with House of Hiranandani to set up electric vehicle (EV) charging points across real estate and infra properties of the group in Mumbai, Hyderabad, Chennai, and Bangalore.  With this collaboration, Jio-bp pulse will be expanding its network to the properties of […]

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L&T Commissions First Indigenously Build Hydrogen Electrolyser At Hazira

Larsen & Toubro (L&T) an Indian multinational engaged in EPC Projects, commissioned its first indigenously manufactured electrolyser at the Green Hydrogen Plant. The plant is located at AM Naik Heavy Engineering Complex in Hazira, Gujarat. This accomplishment signifies L&T Electrolysers Limited’s foray into domestic electrolyser manufacturing, underscoring the company’s steadfast dedication to propelling sustainable energy […]

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US At Risk Of Falling Behind RE Target Post-IRA: Report

A collaborative report on clean energy released by the Rhodium Group, in partnership with the Massachusetts Institute of Technology (MIT), states that despite reaching record levels of investment in utility-scale clean electricity generation and storage capacity in 2023, the US has a risk of falling behind post-IRA (Inflation Reduction Act) projections. While renewable electricity has […]

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