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Financial Results: Shakti Pumps Reports Stunning Profits In Q1

Indian solar pump manufacturer Shakti Pumps (India) Limited (SPIL) has now published its financial results for the first quarter (Q1) for the financial year 2024-25 ending June 30. The Madhya Pradesh-based renewable energy company has reported an increase in its net profit on a Year-On-Basis (YoY). The financial results revealed that the company’s revenue increased […]

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HYLENR Uses Cold Fusion Technology To Generate Clean Energy

Hyderabad-based Startup HYLENR’s built cold fusion technology to generate clean energy. This innovation received a patent from the government of India for its low-energy nuclear reactor technology. HYLENR’s low-energy nuclear reactor can serve as an alternative for power generation, by amplifying input electricity to produce heat for Space Applications (MMRTG), Steam generation for multiple applications, […]

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Sungrow, Hero Future Energies Ink 850 MW Supply Agreement

Sungrow signed a strategic agreement with Hero Future Energies (HFE), to supply 850 MW of inverters, expanding its presence in clean energy space.  Sungrow a PV inverter and energy storage system provider for renewables signed an agreement with Hero Future Energies (HFE), the renewable energy arm of Hero Group. Through this agreement, the company claims […]

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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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Global Floating Wind Industry Reached 270 GW In FY24: IRENA

While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […]

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Rayzon Collaborates With Hero Future Energies For K’taka Solar Project

Rayzon Solar and Hero Future Energies today announced the formalization of their partnership for boosting solar project in Karnataka. These renewable energy companies are set to launch a 200 MW solar project in Karnataka. This initiative is expected to reduce carbon emissions by an estimated 350,000 to 375,000 tons annually. “This partnership between Rayzon Solar […]

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Land and Environment – Pump Hydro

Provide leadership and technical support across the Project, supporting Land Acquisition teams to ensure best and effectively implementation of norms of Land Acquisition and should be capable of identifying properties having excellent development potential including understanding the values of lands, rentals etc. Key Accountabilities / Responsibilities:- Lead the development and implementation of Land Acquisition process […]

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Chief Manager- Supply Chain Management

Key Accountabilities / Responsibilities:- Strategic Sourcing & Tie‐ups:-  Techno-commercial negotiations, and finalizing PV modules MSA, Battery Supply Agreements (BSA), EPC contracts for BoS/BoP, Grid packages, O&M contracts and power evacuation infrastructure. In-depth experience in detailed BOQ-based costing and estimation exercises for large-scale ground-mounted solar power, BESS system with Battery, PCS & EMS. Comprehensive procurement expertise […]

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IRENA’s 11.2 TW RE Target For 2030 Risks Falling Short By 1.5 TW: Report

Despite renewables becoming the fastest-growing source of power, the International Renewable Energy Agency (IRENA) latest report needs a minimum 16.4% growth rate annually through 2030 to stay on course, to meet the 2030 target.  IRENA’s Renewable Energy Statistics 2024 report indicated the possible risk of missing the tripling renewables target pledge set at COP28. The […]

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