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Union Budget Raises Combined Expenditure of IREDA and SECI by 143%

The 2022 Union Budget has increased the expenditure budget of the two of its premiere agencies that are mandated with enabling a thriving renewable sector – Renewable Energy Development Agency (IREDA) and Solar Energy Corporation of India (SECI). The budget for the two central firms has been proposed to be raised by a whopping 143 […]

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Bounce Clocks 1 M Battery Swaps — A First in Indian EV Market

Smart mobility firm Bounce said on Thursday it has achieved over a million battery swaps on its energy infra network, making it the first player in the domestic market to accomplish such a feat. Backed by marquee investors such as Accel, Accel US, Sequoia Capital India, Falcon Edge, Qualcomm and Omidyar Network, among others, Bounce […]

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IEX Update For January 2022, Solar Prices at Rs 3.59 /unit In GTAM Market

The Indian Energy Exchange (IEX) achieved 8652 MU volume in January’22 comprising 7245 MU in the conventional power market, 280 MU in the green power market and 1126 MU (11.26 lac Certificates) in the REC Market. Overall, the Exchange achieved 16% YoY volume growth across all its market segments during the month, even as month […]

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Corrit Launches Production Facility For Fat Tyre Bike-The Hover Scooter

Electric mobility brand Corrit Electric today announced the launch of their first production facility for The Hover Scooter in Greater Noida. Established in 2021, the brand unveiled their first indigenously produced fat tire electric bike – The Hover Scooter, in October last year. Ramping up their offering, the newly launched facility is equipped to manufacture […]

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Senior Engineer – PLM

Work with engineering users to analyse PDM/CAD customization/automation requirements needed. Design and develop applications ranging from standalone macro script program, developing plugins within CAD/PDM/PLM environment and integrate them with PDM/PLM systems. Test and implement custom software and/or enhancements to existing solutions. Develop web applications and roll out to the global teams for PDM/PLM related projects. […]

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APTEL Favors Solar Developers On Tariff Denial by BERC

In a recent judgement, the Appellate Tribunal for Electricity (APTEL) has ruled in favour of three solar developers who were aggrieved on account of being denied the benefit of a certain tariff determination by an order passed by Bihar State Electricity Regulatory Commission (BERC). The developers — Responce Renewable Energy Ltd, Glatt Solutions Pvt Ltd, […]

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Proposals Engineer

Plan and prepare proposals on Ovation DCS, Ovation SIS (support), DGC-AVR, Upgradation, Migration and Evergreen solutions. Work closely with Sales and Marketing team to understand and incorporate the customer requirements in the Proposal. Conduct plant walk-down surveys to identify the Ovation upgrades, migration and Evergreen Co-ordinate with the procurement teams and, as required, works with […]

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Apollo Tyres ties up with Tata Power to build EV Charging Stations

In what could prove to be a major thrust to the ongoing efforts of the industry towards electric vehicle charging stations, tyres giant Apollo has joined hands with Tata Power to create public charging across India. Initially, these charging stations will be deployed at Apollo Tyres’ commercial and passenger vehicle zones. This partnership is aimed at utilising […]

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Italy Renewables Problem Continues; Wind Energy Auction Highly Undersubscribed

The conundrum of Italy’s renewable sector continues unabatedly as it’s evident from the results of its latest renewables auction published. The Italian government had about 3,300 MW of renewable energy on offer. This also included the non-awarded capacity from the previous auction which also witnessed under-subscription. The travesty continued this time too and the government […]

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