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SWRE Net Loss Contracts To Rs 99 Cr In December Quarter

Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has narrowed its consolidated net loss to Rs 99.15 crore in the third quarter ending December. Sterling and Wilson said that the reduction in the losses is caused mainly due to lower expenses. With an EPC portfolio of close to 13 GW and an […]

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Global Battery Leader CATL In Tie-Up With UL To Improve Battery Safety

Global battery technology player Contemporary Amperex Technology Co. (CATL) has announced that it has signed an MoU with applied safety science provider UL Solutions for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle (EV) batteries. The agreement expects CATL to use its battery laboratory to […]

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SOFAR Launches 100-125kW C&I PV Solutions For Global Market

Global supplier of solar PV and energy storage solutions – SOFAR – has launched its new inverter for the global market called SOFAR 100-125KTL-G4 at World Future Energy Summit (WFES). SOFAR said that the new inverter is optimized for C&I and small-scale utility solar. The product also features the integration of ultra-high current, easy installation […]

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HOP Electric Launches E-Scooter LEO Priced Below Rs 1 Lac

Leading electric two-wheeler manufacturer, HOP Electric, has launched the a high-speed variant of its best-selling electric scooter, HOP LEO. HOP Electric says that the launch of the new e-scooter further reinforces HOP Electric’s aim to offer cost effective mobility to customers as it is priced below 1 lac. Consumers can purchase this electric two-wheeler at […]

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EV Battery-Tech Startup Log9 Materials Sweeps Over $11 Mn in Series B Round

Battery platform for electric vehicles Log9 Materials has scooped up over $11 million in a Series B round, which was led by PTV International Ventures. Participants in the Series B round included SiriusOne Capital, Cornerstone Ventures, among others. This is seemingly an extension of the Series B round, which is followed by the the Rs […]

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IREDA’s Partnership with EV Financing NBFC Mufin Green

Mufin Green Finance Ltd– has forged a partnership with Indian Renewable Energy Development Agency Limited (IREDA) with an aim to EV penetration thrive in India. IREDA is a Mini Ratna (Category – I) Government of India Enterprise under the Ministry of New and Renewable Energy (MNRE). It is engaged in promoting, developing and extending financial […]

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FREYR Battery to Supply Upto 14 GWh LFP Cells to Impact Clean Power Technology

FREYR Battery has signed a conditional offtake agreement (“COA”) with Impact Clean Power Technology under which, FREYR will supply 10 to 14 GWh of clean next-generation battery cells based on the 24M Technologies SemiSolidTM platform to Impact Clean Power Technology from 2025 to 2030. Norway-based FREYR Battery is a developer of clean, next-generation battery cell […]

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OTPC, APDCL Collaborate For Rs. 2000 Crore BESS In Assam

ONGC Tripura Power Company Limited has informed that a Memorandum of Understanding (MoU) has been signed between OTPC and Assam Power Distribution Company Limited (APDCL) recently to develop a Battery Energy Storage System (BESS) Project having a total capacity of up to 250 MW / 500 MWh in Assam. OTPC and APDCL will incorporate a […]

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Incentives For Emerging Technologies like EVs, Green Hydrogen Must Be Considered

Headquartered in Jaipur, EPC firm Vareyn Solar has so far completed over 9 MW of turnkey solar projects and more than 16 MW of O&M projects. It has also liaisoned with the government on projects exceeding 17 MW of capacity. Ishan Chaturvedi, Co Founder & Director, Vareyn Solar speaks to Saur Energy International about how […]

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