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Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

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BrightNight, ACEN Join Hands to Develop Renewables in India

U.S. based  renewable firm, BrightNight, has joined hands with ACEN Corporation, a Philippine listed energy platform of the Ayala Group, to accelerate the development, construction, and operation of BrightNight’s initial 1.2 GW, multi-technology renewable power portfolio in India. The partnership is formed  through ACEN Renewables International Pte. Ltd. and ACEN International, Inc. (collectively known as […]

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“Maintenance of wind turbine blades must be condition-based, not time-based”, Mahesh Wagle, Cybernetik

A three-decade old firm, Pune-based Cybernetik has been practively working to deliver customized automation and equipment solutions for the wind energy industry. With the EV sector gathering steam, Cybernetik has also shifted focus to build battery packs in the EV sector. The firm has in its list of clientele leading auto players such as Bajaj, […]

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Duke Energy Operationalises 250 MW Solar Project in Texas

USA-based Duke Energy Sustainable Solutions (DESS) has operationalised its largest solar power plant ever – the 250 MW Pisgah Ridge Solar project in Navarro County, Texas. Charles River Laboratories International has signed a virtual power purchase agreement (VPPA) for 102 MW of the project over the next 15 years. This commitment will address the entirety […]

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Startup on Smart Grid Applications Probus Smart Things Raises $3 Mn

Probus Smart Things, a startup on IoT communications and data analytics focused on smart grid applications has raised $3 million. Unicorn India Ventures and Family Office from the US lent support to the startup to raise this amount. The round also saw participation from existing investors. Unicorn India Ventures is a Mumbai-based early stage fund […]

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“What is important is the intent; Capability can be built”, Shilpa Urhekar, Sterling & Wilson Renewable Energy

Shilpa Urhekar is one of those rare professionals in the solar sector who have seen the sector evolve from its tentative origins, when a MW-sized project was a milestone, to the current shift, when GW-sized ambitions are at par for the course. The former Indian Air Force squadron leader has been involved with establishing module […]

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EZ4EV Transforms to Ezurja Adding Energy Management to Portfolio

Electric Vehicle infra systems and charging devices player Ez4EV has transformed itself to EzUrja by enlarging its vision in the growing market of energy customers. With the advent of the electric vehicle development globally, EzUrja looks upon product innovations and effectively maintainable delivery systems.  EzUrja is into localized manufacturing and post sales services for stabilizing […]

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As Inverters Become ‘Smart’ Customers Follow Suit

Solar inverters, with a share of 3-7% of project cost typically, have always played a far more critical role than the share of costs would imply. As the ‘brains’ behind the plant, the role of the inverter in converting power generated with the highest possible efficiency, in the safest way possible, has been critical for […]

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