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solar energy products

WAAREE Supplies 23 KwH Li-Ion Batteries to ACE Ltd for Forklifts

Surat based Lithium-Ion Batteries manufacturer, WAAREE ESS Pvt. Ltd has recently designed, developed, and supplied a high capacity 23KWhr lithium battery for 3 Ton forklift applications of ACE Ltd (Action Construction Equipment Ltd). These forklifts outfitted with WAAREE lithium batteries have now been deployed at Chennai airport and operating for 12 hrs per day. The […]

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Tesla Won’t Solve the Issue of Low EVs Influx in India: IDTechEx Report

Tesla has announced its plans to enter the Indian automobile market at the very beginning of 2021. So how will Tesla reach its goals in India, and how India will boost its EV adoption with this foreign entry? Well, the answer is not quite that straight and easy. However, a report from IDTechEx: “Electric Vehicles in […]

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EV Sector Should Switch to Completely Indigenous Batteries: Nitin Gadkari

Ministry of Road Transport & Highways asked the EV industry to shift towards indigenous battery technologies. With electric vehicles (EVs) fast becoming the new reality, the need to emerge as pioneers in developing leading battery and power-train technologies, the ministry stated. In a statement, “Noting that the challenge we presently face is the control on […]

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Solis Makes A Point, With 1 GW Milestone In India

Jan 29th– Ginlong (Solis) Technologies, the Ningbo, China headquartered inverter firm  released its  2020 estimated annual financial report on January 22: the annual sales  is expected to up to 3,40 million USD dollars, the highest growth than the same period last year of 93%. Ginlong (Solis) Technologies entered India in 2015, and has underlined its strong […]

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Tech Startup Matter To Launch EV Two Wheelers For India

Gujrat based tech startup – Matter has announced that it is set to launch its electric vehicles (EVs) and a range of energy solutions in India in 2021. The company will be producing electric two-wheelers (E2Ws) and setting up its market in major Indian cities, including New Delhi, Bengaluru, Mumbai, Chennai, Hyderabad, Kolkata, Pune, Lucknow, […]

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CDC Announces $30 Mn Green Lending Facility to Tata Cleantech Capital

CDC has announced a USD 30 million facility to Tata Cleantech Capital Limited through its directed green lending facility. CDC Group, the UK’s development finance institution and impact investor, has announced a USD 30 million facility to Tata Cleantech Capital Limited (TCCL), through CDC’s directed green lending facility. This first of its kind facility will […]

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Loanpal Receives $800+ Million in First External Investment Round

Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of $800+ million Loanpal, a leading point-of-sale payment platform for sustainable home solutions, has announced its first external investment round of more than USD 800 million led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings […]

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Gulf Oil Taps Into EV Charging For Future Growth

A part of the Hinduja Group, Gulf Oil International Ltd (Gulf), has entered an agreement to co-invest with the Clean Growth Fund (GCF) in Indra, provider of fast-growing electric vehicle (EV) and innovative charging and energy storage solutions. For Gulf Oil, a well established downstream oil company, this is its first investment into the e-mobility/EV […]

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Exploring the Reasons behind Solis’ Rapid Growth

Zhejiang, China, 21 January 2021- 2020 is deemed to be a year that is hard to forget. It witnessed COVID-19 sweeping the world, and the global economy faltered. However, in China, new solar PV installations were up to 48.2GW in 2020, a 55% year-on-year increase. Among leading global inverter manufactures, there is a one that […]

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