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Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report

A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […]

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Waaree To Start Module Production In US From Sept: Hitesh Doshi

From an initial module manufacturing capacity of 30 MW in Surat in 2007, Waaree Energies has come a long way indeed. And helming the company through that journey from 30 MW to 12 GW now, and counting, is its founder and CMD, Dr. Hitesh Doshi. Dr. Doshi has not only seen the solar sector take […]

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Roadcast, AMU Partner To Build GPS-Enabled EV Leasing

Roadcast, recently entered into a partnership with Accelerated Money for U (AMU) to implement Roadcast’s GPS technology in e-rickshaws. They collaborated to make EV leasing more accessible and risk-free.  This partnership between Roadcast a SaaS-based logistics automation platform in India, and Accelerated Money for U (AMU), a non-banking financial company (NBFC), aims to finance electric […]

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5 Key Points for India on the Road to 300 GW Solar by 2030

India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […]

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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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As EV Infra Charges Up, Expect EVs To Follow Suit

The recent speed breaker in the sales of Electric Vehicles (EVs) has raised many worries that the industry might be heading for trouble. However, we believe that this temporary blip will soon be a memory as sales pick up again, mainly due to the visible improvements one can expect in EV charging infrastructure, as well […]

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Brookfield Makes $200 Mn Investment In Leap Green Energy

Brookfield made an equity investment in Leap Green Energy, a renewable platform based in Tamil Nadu. This investment is focused on providing clean energy solutions to commercial and industrial customers. Brookfield, a Canada-based alternative investment management company, and Leap Green entered into definitive strategic investment agreements. Under this agreement, Brookfield acquired a majority controlling stake […]

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News In Brief: Bosch & GMR, Greaves, ACKO Partnership

Bosch, GMR Plan To Develop 7.5 Mn Smart Metering Projects In UP Bosch Global Software Technologies (BGSW) and GMR Group have established a Special Purpose Vehicles (SPVs) arrangement to implement the smart metering program for the cities of Agra, Varanasi, and Prayagraj in India. The software and digital solutions division enter a partnership with GMR […]

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Energy Storage Can Bring 1 TW New Capacity Online By 2033, Finds Study

Wood Mackenzie, recently forecasted an increase in renewable energy consumption from 2024 to 2033. It expects developers to bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, which can increase the cumulative global total to 8 TWac, according to the latest analysis by Wood Mackenzie. The global data and analytics provider […]

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