Tuesday, September 10

Author: Editorial Team

The Smart Energy Magazine editorial team is a group of business journalists and sector specialists from across India.
GWEC India Appoints Suzlon’s Girish Tanti as New Chair
Must Read, RE Industry Updates

GWEC India Appoints Suzlon’s Girish Tanti as New Chair

As Global Wind Day is celebrated across the world, GWEC India is delighted to announce Mr. Girish Tanti, Vice-Chairman of Suzlon Group, has been appointed as the Chair. The position plays a key role in driving GWEC India’s work with national and state government’s that assist government and industry’s efforts for building the right momentum and establishing policy frameworks that will ensure India delivers on its enormous wind energy and supply chain potential, both onshore and offshore. Mr. Tanti steps up to the position to take a dual role with GWEC, having assumed the position of Vice-Chair with the Global Wind Energy Council earlier this year. As the world’s fourth biggest wind market, with 46 GW of onshore wind and one of the world’s most prominent wind energy manufacturing hubs, ...
Radiance Renewables and InfraCo Asia JV to Propel India’s Renewable Energy Transition
Must Read, RE Industry Updates

Radiance Renewables and InfraCo Asia JV to Propel India’s Renewable Energy Transition

Radiance Renewables, a leading renewable energy developer in India, and InfraCo Asia, a company under the Private Infrastructure Development Group (PIDG), have announced the formation of Radiance InfraCo Renewables Private Limited. This joint venture aims to develop greenfield renewable energy projects for Commercial and Industrial (C&I) clients, helping them meet sustainability goals and significantly reduce carbon emissions. With a strong focus on solar and potential wind-solar hybrid projects, Radiance InfraCo Renewables is set to avoid approximately 165,000 tons of CO2 equivalent emissions annually, contributing to UN Sustainable Development Goals including Affordable and Clean Energy, Climate Action, and Gender Equality. The venture promises to uphold international ESG standar...
REC Wins Best Solar Panels and Best After-Sales Support in 2024 for the 2nd Year in a Row
International Updates

REC Wins Best Solar Panels and Best After-Sales Support in 2024 for the 2nd Year in a Row

REC Group, an international pioneering solar energy company, is delighted to announce that it has been awarded "Best Solar Panels" and "Best After-Sales Support" in 2024 for the second consecutive year. These prestigious awards come from SolarQuotes, with insights gathered from installers across Australia. Since its foundation in 2009, SolarQuotes has published almost 80,000 solar PV reviews, built a network of more than 600 trusted solar installers and helped almost 760,000 people to get high quality solar quotes. For "Best Solar Panels" 2024, REC retains the gold with an impressive 45% of the vote, thanks to the company's superior quality and performance. The REC Alpha Pure product family, in particular, stands out for its efficiency and durability, making it a top cho...
EV Finserv Unveils ‘SELECTIONS’: A Multi-Brand Outlet for E-Rickshaws, EV 2-Wheelers, and Batteries
EV Industry Updates, Industry Updates

EV Finserv Unveils ‘SELECTIONS’: A Multi-Brand Outlet for E-Rickshaws, EV 2-Wheelers, and Batteries

EV Finserv, a rural EV financing and leasing company based in NCR, has introduced its new brand, "SELECTIONS." SELECTIONS is a multi-brand outlet specializing in E-rickshaws, EV 2-wheelers, and batteries. The inaugural outlet has opened in Etawah, Uttar Pradesh, with plans to expand to over 40 outlets by the end of 2024. The retail experience center will provide expedited finance and leasing services through EV Finserv. It will also offer financing and leasing options for lead-acid and lithium-ion batteries, along with vehicle lifecycle management services and the opportunity to resell EVs. Nitin Sabharwal, Founder and CEO of EV Finserv, described the launch of SELECTIONS as a step toward assisting customers in their ownership journey and addressing a significant challenge for lende...
We aim to manage an AUM of INR 200Cr in 2024-25 – Nitin Sabharwal, Founder & CEO, EV Finserv
EV Interviews, Interviews

We aim to manage an AUM of INR 200Cr in 2024-25 – Nitin Sabharwal, Founder & CEO, EV Finserv

Q. Share with our readers the inspiration behind starting EV Finservand its vision of improving customer’s lives through financial inclusion? Deepak Srivastava- Co-founder, EV Finserv After working in the banking and financial services industry for over 25 years, I strongly desired to start a social enterprise that would create micro-entrepreneurs and positively impact society. With my co-founder, Deepak Srivastava, we focused on green asset finance as we saw a great opportunity in this sector. In April 2023, we launched EV Finserv, a platform that has both a digital and physical presence, using the BC model and partnering with NBFCs. Our platform lists products, OEMs, dealers, locations, and client segments so NBFCs and banks can start operations per their preferred structure wi...
BrightNight’s clear and distinctive focus lies in exclusively pursuing multi-tech dispatchable projects – Naveen Khandelwal, CEO, BrightNight Power
Interviews, RE Interviews

BrightNight’s clear and distinctive focus lies in exclusively pursuing multi-tech dispatchable projects – Naveen Khandelwal, CEO, BrightNight Power

Q. You have been associated with BrightNight Power as a COO and CFO and now elevated to the role as a CEO, Can you sum up  your journey with BrightNight Power and, what aspects of your journey do you believe will be particularly valuable in spearheading BrightNight to the next phase of growth? I have been associated with BrightNight Power, initially as a COO & CFO and subsequently as a CEO, marking a significant journey with the company. Over the past two and a half years in India, BrightNight has not only undergone its own evolution but has also provided me with invaluable learning experiences. However, what I believe has been especially crucial is my decade-and-a-half-long involvement in the renewables sector. My foray into renewables began in 2008 with the inception of Green ...
Waaree Technologies signs MoU with Israeli Company 3DBattery to develop Advanced Energy Storage Solutions
Industry Updates, RE Industry Updates

Waaree Technologies signs MoU with Israeli Company 3DBattery to develop Advanced Energy Storage Solutions

Waaree Technologies Ltd. (WTL), an energy storage division of the leading renewable energy and technology player Waaree Group, announced that it has signed a non-binding Memorandum of Understanding (MoU) with Israeli company, 3DBattery, to develop and produce advanced energy storage solutions, based on 3DBattery’s lithium-ion and upcoming sodium-ion technology. The Parties will evaluate the collaboration further before entering into definitive agreement. 3DBattery provides advanced Lithium ion battery cells with state-of-the-art chemistry, delivering improved energy storage performance. The company offers a range of cell chemistries for a variety of applications, including Electric Vehicles, Micro Mobility, Stationary and Renewable Energy. Waaree Technologies Ltd. aims to become Ind...
Goldi Solar to Solarise homes of 41 rescued Uttarkashi workers, offers hope for a brighter future
RE Industry Updates, RE Updates

Goldi Solar to Solarise homes of 41 rescued Uttarkashi workers, offers hope for a brighter future

With the nation celebrating safe returns of the 41 workers who were trapped in Uttarkashi for 17 days, Goldi Solar, India’s quality-conscious solar brand, has stepped forward to support the affected families and individuals. The Surat-based solar company has taken the initiative to power the residence of the workers with solar energy. Goldi Solar aims to provide a pathway towards an improved lifestyle by expressing its commitment to supporting these families. With this initiative, the company intends to ensure access to electricity, enabling better lifestyles for all the families. Capt. Ishver Dholakiya, Founder & Managing Director of Goldi Solar, said, "The safe return of all these individuals brings us immense joy. Our initiative to provide support is a step towards empowe...
Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia for Four Projects in Texas, Ohio and Illinois
Must Read, RE Industry Updates

Waaree Energies Supplies 850 MW Solar PV Modules to Acciona Energia for Four Projects in Texas, Ohio and Illinois

Waaree Energies Limited, a leading global renewable energy company, has announced it has successfully supplied 850 MW solar PV modules for projects under development in the U.S. by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement in which Waaree – a major provider to the U.S. market - will supply another 1.5 GW of solar modules to Acciona for additional U.S. projects from 2024-2026. In supplying 850 MW solar PV modules, Waaree delivered its monocrystalline passivated emitter and rear cell panels for four major solar projects: 56 MW in Fort Bend (Texas); 129 MW in High Point (Illinois); 288 MW in Union (Ohio); and 375 MW in Red...
CHARGE+ZONE unveils India’s First Ever 360KW SuperCharging Station, adds to its ever-growing high speed EV charging Network
EV Industry Updates, EV Updates, Must Read

CHARGE+ZONE unveils India’s First Ever 360KW SuperCharging Station, adds to its ever-growing high speed EV charging Network

CHARGE+ZONE, India's fastest growing EV charging company, today announced the launch of India's first-ever SuperCharging Network, pioneering comprehensive solutions for high-speed EV charging. This network strategically places superchargers on major highways and within city centers, offering amenities such as washrooms, restaurants, and shopping facilities. Additionally selected stations also incorporate solar panels on canopies for sustainability. The first supercharging stations are set to become operational in Mumbai and CCD, Vellore in November 2023. These stations are equipped with 180 KW dual gun chargers and 360 KW power cabinets, which include a groundbreaking feature: four guns that can deliver 60 KW each at 200 Amp, and one gun that can deliver 500 A (DC) current with liquid ...