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Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23

Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […]

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SJVN Arm Calls Bids for Projects of 1465 MW Aggregate Capacity

SJVN Green Energy Limited (a wholly owned subsidiary of SJVN Limited) invites online bids from eligible bidders on two stage (stage-1: techno-commercial bid and stage-2: price bid) for the manufacture and supply of solar PV modules of total 1465 MWp capacity for solar power projects to be installed at various states of India. The projects […]

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Amazon Crowned As Leading Renewable Energy Corporate Buyer in India

IT giant Amazon is now the largest corporate buyer of renewable energy in India. The firm sealed this position soon after it launched a 198 MW wind farm in Osmanabad, Maharashtra. The said project is the firm’s 50th renewable energy project in India, which has helped it take its capacity beyond 1.1 GW in India. As […]

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Sungrow Takes Top Spot in BESS Integrator Market in 2022: Wood Mackenzie

Wood Mackenzie has released a report shedding light on the BESS Integrator market share rankings basis the number of BESS shipments in megawatt-hour (MWh) in 2022. The report finds that the global Battery Energy Storage Systems (BESS) integrator market has grown increasingly competitive in 2022. The top five global system integrators account for 62% of […]

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RE In Infrastructure Will Rise From 22% in 2020 to 29% in 2030: IRENA

COP28, IRENA (International Renewable Energy Agency) and Global Renewables Alliance outlined a roadmap at Pre-COP. They estimate that countries are likely to fast-track energy transition by tripling renewable power and doubling energy efficiency by 2030. At the COP28 Presidency, International Renewable Energy Agency (IRENA) and Global Renewables Alliance published a joint report outlining key enablers […]

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Will Start Indian Manufacturing Unit Soon: Kumar Shailendra, Sol Bright

How much technological progress has the firm made since 2013?  In the sector of dry cleaning robots, we are the inventors of this technology. Around 2013, we invested in this technology. From 2013 to 2023, we moved from Gen-I robots to Gen-VI robots. Now, we are offering Gen-VI robots. It resulted from the experiences and […]

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MPPCL Issues Tender for Procurement of 500 MW Energy Storage Capacity

Madhya Pradesh Power Management Company Limited (MPPMCL) has issued a tender inviting bids for the procurement of 500 MW of energy storage capacity with a discharge duration of six hours and a maximum discharge period of hours. The energy storage system will harness the potential of Pumped Hydro Storage Plants (PHSPs) for a 40-year duration […]

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Growatt Brings ‘NEO 2000M-X’ Microinverter to Market 

Distributed energy solution provider, Growatt has launched its inaugural product in the microinverter category, the NEO 2000M-X. Microinverters are mainly designed for small residential rooftops or balconies and have garnered interest increasingly. With in-house R&D capabilities, Growatt microinverter series, the NEO 2000M-X highlights higher system productivity and yields with 2kW full power output, four MPP […]

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Waaree Energies Wins 200MW Module Supply Mandate from ENGIE India

Indian solar module manufacturer Waaree Energies announced receiving a mandate from ENGIE India for the supply of 200 Megawatt (MW) of solar modules for a solar power project at Sayla village in the Surendra Nagar district of Gujarat. ENGIE India is a subsidiary of the French-based ENGIE Group, a global player in low-carbon energy and […]

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