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Industry Updates
Mahatma Phule Renewable Energy and Global Energy Alliance for People and Planet in India partner to…
Global Energy Alliance for People and Planet (GEAPP) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have announced a strategic partnership to enable the implementation of solar projects of 1000 MW…
Luminous Power Technologies launches Innovative Icon and High Capacity Inverter Range
Luminous Power Technologies, a well-entrenched and a trusted brand in power backup and residential solar space unveiled an all-new range of futuristic products for the coming summers. This comes in the wake of company’s concerted efforts…
ACME Group and Indraprastha Gas Limited sign MoU to explore the potential business opportunities of…
Diversified renewable energy company ACME Group and leading City Gas Distribution Company IGL signed a memorandum of understanding (MoU) to jointly explore the potential business opportunities of Green Hydrogen. The MoU was signed by Mr.…
Schaeffler India receives Rs 2,700 crore order for its electric axle for EVs
Automotive and industrial parts maker Schaeffler India, part of the Euro 16 million Germany-based Schaeffler Group, has received a Rs 2700 (Euro 300 million) order for its two-in-one electric axles as the supplier transitions to…
Merck Lifescience enters into strategic contract with LP Logiscience, introduces EVs for…
Merck Lifescience has recently signed a strategic contract with LP Logiscience, the warehousing and contract logistic arm of the legendary Liladhar Passo group, which launched its first Electric vehicle for distribution. As part of the…
REC CMD flags off first fleet of Electric vehicles; targets 100% EVs by 2024-25
REC Chairman and Managing Director Vivek Kumar Dewangan flagged off the first fleet of electric staff vehicles in Gurugram.
In a path towards a green future, REC Ltd has set a target of replacement of all conventional staff vehicles…
M&M Welcomes Release of SoP for PLI Auto Scheme
The Ministry of Heavy Industries (MHI), Government of India, has released the Standard Operating Procedure (SOP) for certification of Domestic Value Addition (DVA) under the PLI-Auto Scheme. The Production Linked Incentive (PLI) scheme…
Solar Ladder Raises 11 Crores in Seed Funding from Axilor Ventures, Titan Capital, DeVC, Stride…
Solar Ladder, a supply chain platform for Solar Installation companies announced it has raised 11 Crores in seed funding from Axilor Ventures, Titan Capital, DeVC, Stride Ventures, and angels from Atha Group, NIPHA group, Varun Alagh…
KKR to Invest Additional $250 million in Serentica Renewables
In a move that reinforces its commitment towards Serentica Renwables, Private equity firm KKR has decided to invest an additional $250 million (about Rs 2,044 crore) in Serentica Renewables. This is an additional investment to one that the…
Avaada Energy Wins 560 Mw (Dc) Solar Project
Avaada Energy, an arm of Avaada Group – India's leading integrated energy enterprise with business interests across the energy transition value chain, has won the 560 MW (DC) Solar Project bid in e-Reverse auction conducted by MSEDCL.
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