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Fourth Partner Raises $125 Million Equity Funding

Hyderabad based Fourth Partner Energy has raised a fresh funding of $125 million for its expansion plans. The big new investor this time is Norwegian investment fund Norfund, that has invested $100 million. Existing investor the RISE fund has invested a further $25 million. Norfund was last in the news for its backing of Italy’s […]

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Prevail Electric Launches 3 Electric Scooters Starting From Rs. 89,999

Electric vehicle (EV) manufacturer, Prevail Electric, an automotive solution providing startup, is gearing up to launch three premium model electric scooters– Elite, Finesse, and Wolfury.  Prevail is bringing three electric scooters at different prices with different features. The most affordable one is Wolfury, priced at Rs. 89,999. This electric scooter can offer a top speed of 50 […]

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EXIM Bank Extends $40 M to Togo to Power 350 Villages with Solar PV

Export-Import Bank of India has, on behalf of the Government of India, extended a Line of Credit (LOC) of USD 40 million to the Government of Togo for the purpose of the electrification of 350 villages in Togo through solar photovoltaic systems. India has been on a major outreach among developing countries ever since it […]

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Saatvik Green Energy Wins BHEL’s 141.76 MW Solar Modules Order

Indian module manufacturers, Saatvik Green Energy Pvt. Ltd. has won a 141.76 MW Solar modules tender from Bharat Heavy Electricals Limited (BHEL). BHEL floated the tender for their 100 MWac Gujarat State Electricity Corporation Ltd (GSECL) Raghanesda Ultra Mega solar park in Gujarat. Saatvik Green Energy secured the bid in a reverse bidding auction while […]

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Tata Motors Bags Order of 15 H2-based Fuel Cell Buses From Indian Oil

Maharashtra-headquartered automobile manufacturing company Tata Motors Limited has announced that it has won a tender of 15 hydrogen-based proton exchange membrane (PEM) fuel cell buses from the Indian Oil Corporation Limited (IOCL). IOCL had invited bids for supply of PEM fuel cell buses in December 2020, and Tata Motors was selected as the winner following […]

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Senior Software Application Engineer

The Application Software Engineer will primarily perform the role of software developer that involves design and development of  Application Software, APIs, Plugin Modules, Micro Services and User Interfaces for Guided Vehicles (AGVs), Remotely Operated Vehicles/Vessels (ROVs), Autonomous Mobile Robots (AMRs), System Simulators and Data Processing Systems. He/she will be additionally responsible for backend application software […]

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ETO Motors Arrives In Hyderabad During ‘Go Electric’ Campaign

Hyderabad-based electric mobility as a service (EMaaS) provider, ETO Motors showcased its passenger and cargo vehicles ETO TRILUX & ETO Bulke Plus at the launch of the ‘Go Electric’ Campaign in Hyderabad. The campaign has been supported by the Bureau of Energy Efficiency (BEE) and Telangana State Renewable Energy Development Corporation Ltd. (TSREDCO).  ETO Motors deploys electric […]

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Sterling and Wilson Solar Q4 2021 Results-Heavy Losses

The Shapoorji Pallonjee Group’s Sterling and Wilson Solar, on Tuesday, announced their March results and the story is not good. Having already informed exchanges about hits the firm took in the quarter from a contractor’s bankruptcy, and other issues, the firm slipped into losses for the year. The firm had earlier issued a warning regarding […]

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Rajasthan HC Cancels Land Allotment To Adani Project

Delivering its judgement in a case filed in 2020, the Rajasthan High Court has cancelled the land allotment adding up to 1452 bighas in Jaisalmer district that was provided to AREPRL, an Adani group firm set up for these projects. The court has also directed state agencies to conduct survey of the land parcels allotted […]

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