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EMotorad To Construct Integrated E-Cycles Gigafactory In Pune

Electric vehicle company EMotorad has announced it will expand its existing manufacturing unit in Pune. India will be home to two of the world’s biggest gigafactories, one for Ola Electric two-wheelers and the other for EMotorad e-cycles, said the company. According to EMotorad the gigafactory is spread across 2,40,000 sq ft in phase 1 and […]

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Tata Power Results In Line With Expectations, Q4 Profits Up 18%

Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24  Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […]

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UK’s DG Innovate Forms JV With EVage Motors For Making E-Trucks In India

UK-based sustainable mobility and energy storage company DG Innovate has entered into a joint venture with EVage Motors, the electric truck company in India. The JV will allow DGI to pursue a faster, lower-cost route to high-precision manufacturing in India, materially growing its market share in the critical Asian market and giving EVage Motors’ customers […]

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Grew Appoints Hiten Parekh As Its New President (Global Sales)

Indian solar module manufacturer Grew has appointed Hiten Parekh as its new President (Global Sales). Grew was founded in 2022 and is backed by the legacy of the Chirpal Group.   “I am happy to share that I am starting a new position at GREW as President of Global Sales. GREW is Chiripal Group venture and […]

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Waaree Energies Appoints Amit Paithankar As Its New CEO

Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). The renewable firm in a media statement today said that with his career spanning over two decades, Paithankar brings significant experience in driving growth, innovation, and sustainability in his practices, “In his new role as Chief Executive Officer […]

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Clean Energy Investments Reach 200 Billion In 2023, Says IEA Report

The International Energy Agency (IEA) in its recent report found that renewable energy investments reached approximately USD 200 billion in 2023. The renewable energy investment reportedly witnessed a 70% increase compared to 2022. Among the renewable energy investments, sectors such as clean technology, solar PV, and battery manufacturing received more than double the investment, reaching around […]

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responsAbility Plans To Invest USD 35mn In AMPIN Energy

responsAbility plans to invest up to USD 35 million in AMPIN Energy Transition Private Limited (AMPIN) on behalf of its investors. This is part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia.   New Delhi-based AMPIN is an Indian renewable energy transition company with a balanced portfolio […]

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News Briefs May 3 -Envirospark, GAF Energy, REC Silicon, DOE Grants

EV Charging Company EnviroSpark Secures $50 Million Investment from Basalt Infrastructure Partners US electric vehicle (EV) charging company EnviroSpark Energy Solutions announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners an infrastructure equity investment firm focusing on investments in Europe and North America. This investment will enable EnviroSpark to […]

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World’s First Wooden Wind Turbine Blades Installed In Germany

German wooden wind turbine blade manufacturer Voodin Blade Technology has announced the world’s first prototype installation of its 19.3-meter wooden wind turbine blades. The blades are installed on an existing wind turbine in Breuna, Germany. The turbine is made of laminated veneer lumber (LVL) a material that is more sustainable than current materials and enables […]

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