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Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio

Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […]

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90% Surge In Installations After Green Energy Open Access: IEEFA

A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […]

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Senior Analyst – GBS Procurement

Responsibilities:- Maintaining relations with the suppliers. Placing orders for necessary raw materials and purchased parts according to the requirements of the production. Receiving and handling the confirmations. Checking the purchase orders and modifying them according to the changes in the production plan with the help of the Shortage List and the Open Purchase Order List. […]

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Solex Energy Collects Rs. 29 Cr Order From Zodiac Energy

Gujarat-based solar module company Solex Energy, has announced a work order for Rs. 29,00,82,900 from Gujarat-based Zodiac Energy. This order is expected to be completed within the next 3 months as per the terms of the order. Solex secured an order to  supply a 20 MW Solex bifacial perc solar module to the Zodiac energy […]

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Geotab Study On EV batteries Underscores Second Life Potential

Battery degradation is a natural process that reduces the amount of energy a battery can store or the power it can deliver. In electric vehicles (EVs), however, power degradation is rarely noticeable because the battery’s power output often exceeds the vehicle’s requirements, as found in a research paper by Geotab, a global market transportation solutions […]

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Eastman Launches Largest Inverter Battery Range

Eastman Auto & Power, a leading provider of power solutions, has announced a major expansion of its inverter battery portfolio, introducing over 100 new models under the Eastman brand and over 70 under its ADDO brand with a total of 170+ SKU’s. The expanded portfolio covers a wide spectrum of capacities, from 100Ah to a […]

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ALMM For Solar Cell Manufacturers To Start From June 2026

The Ministry of New and Renewable Energy (MNRE) today amended the Approved List of Module Manufacturers (ALMM) for solar cell manufacturing. Anticipating a substantial growth in India’s installed solar PV cell capacity over the next year, the MNRE proposed issuing List-II of solar PV cells under the ALMM. This list will take effect on June […]

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Waaree Energies Adds 1 GW Module Order

Waaree Energies Limited, India’s largest solar module manufacturing company with capacity of 13.3 GW announces securing a significant order for the supply of 1 GW of solar modules from a renowned developer. The new order follows the massive success Indian manufacturers are enjoying in the utility scale segment after the new DCR rules came into […]

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