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solar power systems

Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility

Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […]

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IEA Report: Advancing Decarbonisation Through Clean Electricity Procurement

A study entitled “Advancing Decarbonisation through Clean Electricity Procurement” has been released by the IEA (International Energy Agency). In recent years, a lot more businesses have made commitments to use clean energy, and many of them have set specific targets to satisfy all or part of their electrical needs with clean energy. These objectives may […]

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Prosus & South Pole Sign Deal with Innovative New Climate Finance Instrument

Global technology investor Prosus and South Pole (top provider of climate solutions) have joined forces to use the new D-REC market tool to deliver distributed renewable energy projects in response to growing calls for greater corporate climate action at COP27. High social impact projects in South Africa and India will be their main priorities. Prosus […]

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Spain’s Fotowatio Renewable Ventures Acquires Majority Stake in 600 MW Greek BESS

Sustainable energy solutions developer, Fotowatio Renewable Ventures (FRV), as part of Abdul Latif Jameel Energy, has announced the acquisition of a majority stake in a 600 MW battery electricity storage systems (BESS) project from Wootis SA in Greece. The battery storage is divided into several facilities spread across Greece. Madrid-headquartered FRV said in its official […]

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Battery Swapping Giant Gogoro Enters India, Partners with Zypp Electric

Taiwan based global battery swapping ecosystems developer Gogoro Inc has announced its entry in India with a pilot project that will begin in December 2022, by forging a strategic initiative and partnership with India’s Zypp Electric, an EV-as-a-Service platform. The official statement held that together, the companies are focused on accelerating the urban shift of […]

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BPCL’s Major EV Charger Supply Project Goes to Servotech

Servotech Power Systems Ltd., an NSE-listed leading manufacturer of EV Charging solutions, has been awarded a major project by Bharat Petroleum Corporation (BPCL) for the supply and installation of 800 units of DC fast EV chargers at different locations across India in the next four months. The project will span across the country, equipping petrol […]

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German Grid Operator Awards Ostwind 3 Offshore Substation Contract to Multi Party JV

50Hertz – the German offshore transmission system operator (TSO) – has asked a joint venture comprising HSM Offshore Energy, Smulders, and Iv-Offshore & Energy for the development of an offshore high voltage substation called ‘Ostwind 3’ that would lie in the Baltic Sea. The purpose of Ostwind 3 is to connect the 300 MW Windanker […]

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Panasonic Demonstrates New Technology Solution to Optimise Renewable Energy

Global electronics and RE late entrant Panasonic has announced that it has developed an innovation to enhance renewable energy. The company has introduced an experiment called ‘H2 KIBOU FIELD’ at the Kusatsu factory in Shiga Prefecture, Japan. In the novel experiment, Panasonic found that battery storages, pure hydrogen fuel cell generators and solar PV generators […]

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