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rural India

Panasonic Energy Reports 15.45% Revenue Growth In FY23-24

Panasonic Energy India Co. Ltd. (PECIN) a part of Panasonic Holdings Corporation today, announced the audited standalone results for the financial year ended on March 31, 2024. Panasonic reported revenue growth of 15.45% over the last financial year and a 198% increase in profit after tax (PAT). These numbers are a result of cost-efficiency initiatives, […]

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Reskilling Essential To Assist Transitioning Traditional Roles To Sustainability-Focused Positions

There has been a significant surge in the demand for sustainability roles across various industries. From renewable energy engineers to sustainability managers, companies are actively seeking professionals with expertise in environmental conservation and sustainable practices. This trend not only reflects a growing awareness of environmental issues but also underscores the importance of integrating sustainability into business operations. […]

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ADB Approves $148.5mn To Boost RE, Power Distribution In Sikkim

The Asian Development Bank (ADB) has approved a $148.5 million loan to help strengthen, modernize, and climate-proof distribution systems to enhance the reliability, quality, and resilience of electricity supply in Sikkim, India. The scope of work also includes boosting renewable energy systems.  Philippines-headquartered ADB will help develop a financial sustainability strategy and a plan to […]

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In Weak Market, Solar EPC Stocks Stand Out

On a day when the markets remained broadly weak, solar EPCs in our green pack continued to stand pout, with all four of them licked at their upper circuit filters of 5% each. While some like SWREL are riding high hopes, others such as KPI Green and Shakti Pumps are benefitting from outstanding results and […]

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Elections 2024: Renewables Take Center Stage In Political Parties’ Manifestos

The leading Indian political parties have now come out with their party manifestos for the upcoming Parliament (Lok Sabha) elections. Some of them have now also promised their consumers access to increased renewable power too. This comes months after the BJP-led Union government announced PM Surya Ghar Muft Bijli Yojana which has already been rolled […]

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Two-Wheeler EV Market Surge To 9.12% First Time: FADA.

The Federation of Automobile Dealers Association (FADA) in its report identified a surge in electric vehicle sales. The report identified a notable increase in the two-wheeler electric vehicle (EV) market share. The EV market received a jump to 9.12% for the first time according to FADA. The 2024 vehicle data on the challenges faced by […]

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AMO Mobility Plans To Manufacture 30,000 Electric Vehicles By FY24-25

Noida-based AMO Electric Bikes has unveiled a high-speed electric two-wheeler model Jaunty i Pro with Smart BMS, CAN 2.0B protocol, 12-inch tyre, combi braking system, smart speedometer with safety buzzer. Powered by BLDC hub motor which generates 143 N-m torque at 2.95KW and 2.52KW battery and comfortably delivers a satisfying mileage of up to 120km. […]

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The PM Free Solar Power Scheme- Challenges Ahead

The Pradhan Mantri Surya Ghar: Muft Bijli Yojna (PMMBY), going by the hype around it, has achieved one of its key objectives already. Perhaps no other announcement around solar has triggered the sort of coverage and expectations  like this single announcement from Prime Minister Narendra Modi to power 10 million households across India with solar […]

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Shakti Pumps Receives Fourth Work Order From HAREDA Under KUSUM

Shakti Pumps (India) Limited received its fourth work order under the KUSUM‐3 scheme from the Haryana Renewable Energy Department (HAREDA). The company received the order for 2,130 pumps for the state. Shakti Pumps an energy-efficient pumps and motors manufacturer claims to be at the forefront of providing a variety of renewable energy solutions, primarily for […]

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