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Pune’s Olectra Receives Order for 123 E-Buses from Thane Municipal Transport Undertaking

Pune-based electric bus manufacturer and the Megha Engineering and Infrastructures Ltd (MEIL Group’s) subsidiary company, Olectra Greentech, and its transporter partner named Evey Trans consortium have bagged orders for 123 E-buses worth Rs 185 crore from Thane Municipal Transport Undertaking in Maharashtra. Olectra Greentech and Evey Trans are both a part of Megha Engineering and […]

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Shell Targets Installing 10,000 Charging Stations Across India By 2030

Recently, the multinational oil corporation Shell unveiled its first electric vehicle (EV) chargers for India’s two- and four-wheeled vehicle markets. The initial market for Shell chargers in India are two wheelers. Shell announced plans to install more than 10,000 charging stations across India by 2030. The Shell Recharge chargers are powered entirely by green energy. […]

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IEX Total Trade Volume Plunges by 18% YoY in August ’22

The Indian Energy Exchange, India’s premier energy exchange, achieved 7805 MU volume in August 2022, registering a 9% MoM growth. This comprised 6517 MU in the conventional power market, 437 MU in the Green Power Market, and 851 MU (8.51 lac Certificates) in the REC Market. The total volume in the said period was lower […]

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Hyderabad All Set for Solar Rooftop Cycling Track in 2023

Telangana Municipal Minister K T Rama Rao has revealed that Hyderabad is all set to witness the establishment of its maiden cycle track, which will host a solar roof to employ solar panels for power generation. The construction will be on the lines of Daejeon and Sejong cycle highways in South Korea. The Minister laid […]

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RE Firms’ Receivables to Dwindle by 20% in FY23: CRISIL

In a significant revelation, as per a CRISIL ratings, the leading renewable energy companies’ receivables will shrink by 20% this fiscal year. Leading RE companies may anticipate their receivables to decline by a fifth, from 180 days a year ago to 140 days in March next year, CRISIL has said. This trend was last seen […]

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The Top List. Key Foreign Investors in Indian Renewable Sector

Investors are moving to the renewable energy markets across the globe. Some of the largest foreign investors are finding it ideal to pour their investments into the Indian renewable sector. India promises highly favourable weather conditions and a willingness to rapidly develop the clean energy industry. In fact, it is one of the top destinations […]

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Li-Battery Revolution is Key to India’s Fast-Paced EV Adoption

Founded by its MD, A K Shukla, Sanvaru Technology is a leading manufacturer that specializes in providing innovative and customized Lithium-Ion Battery Storage solutions (BESS). Under the leadership of A K Shukla, who is a seasoned electronics and instrumentation engineer with over 30 years of diverse industrial experience, the organisation has grown from strength to […]

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TG:s El of Soltech Gets Its Biggest Order of SEK 11 Million

The electrical engineering company TG:s El in Finspång, which has been part of the Soltech Group since July 1 has bagged its largest order to date in the second quarter, as per the announcement. The official statement says that the assignment includes electrical installations and solar energy solutions at Hällestagården nursing home when it is […]

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O2 Power Acquires Emmvee Group’s Solar Plant Portfolio of 55 MW

Delhi-based renewable energy producer, O2 Power has announced the acquisition of several solar power plants from Bangalore-based solar modules manufacturer Emmvee Photovoltaic Power. According to the company, these plants are located in Karnataka and Telangana and have a combined installed capacity of 55MW. A portion of this capacity is used to power state DISCOMs, and […]

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