Must Read - SmartEnergy

MHI’s Recent Decisions Have Caused an Irretrievable Loss to India’s E2Wheeler Targets

29Jul

By Editorial TeamNo Comments

MHI’s Recent Decisions Have Caused an Irretrievable Loss to India’s E2Wheeler Targets

Advocacy group, Centre for Business, Industry & Trade Advocacy, [C-BITA] that has been actively working on and analysing the impact of policy on the Indian EV Ecosystem has today in a letter to Minister, MHI pointed out that two of MHI’s recent decisions might have caused an irretrievable opportunity loss to India’s E2Wheeler targets. CBITA believes that withholding subsidy amounting to Rs 1200 Crores was the first blow, while slashing the subsidy could have been the second one. In its letter to the Minister, MHI, CBITA indicated that the department is responsible for missing out on a crucial period of growth in the trajectory of EV adoption, which will be difficult to replace even with the promise of future sales. Mass transitioning from internal combustion engine (ICE) vehicles t...

PIXON collaborates with YES BANK to accelerate adoption of solar solutions and green energy products in India

26Jul

By Editorial TeamNo Comments

Must Read, RE Industry Updates

PIXON collaborates with YES BANK to accelerate adoption of solar solutions and green energy products in India

PIXON, a leading solar module manufacturerannounced that it has partnered with YES BANK,tobring forthinnovative financialsolutions forMicro Small and Medium Enterprises (MSME) who wish to install solar panels at their premises. The partnership will contribute towards enabling the adoption of sustainable energy practices by MSMEs, while also helping them curtail their expenses towards power and fuel. It will alsoaid in the seamless distribution of PIXON's best-in-class quality products such as highly efficient solar panels and other technologically advanced products in the solar ecosystem. The collaboration is part of YES BANK’s YES KIRAN programme, an attractive lending proposition which aims to revolutionise the global initiative of adopting renewable sources of energy as a primary...

Goldi Solar Forays into the Inverter Business, Introduces VAMA On-Grid Smart String Inverters for Residential, and C&I Consumers

18Jul

By sapna.gb@gmail.comNo Comments

Must Read, RE Industry Updates

Goldi Solar Forays into the Inverter Business, Introduces VAMA On-Grid Smart String Inverters for Residential, and C&I Consumers

( In the photograph, L to R, Capt Ishver Dholakiya, Founder & Managing Director, Goldi Solar, Ms Vama Dholakiya, Mr Bharat Bhut, Co-Founder & Director and Mr Hardip Singh, President & Global Head, Sa) Goldi Solar, India's leading solar brand known for its unwavering commitment to quality, is proud to announce the highly anticipated launch of its VAMAOn-grid range of smart stringinverters. The inverterrange is available in single-phase and three-phase variants designed specifically for on-grid applications. VAMA inverters cater to the diverse needs of residential and C&I consumers. Capt. Ishver Dholakiya, Founder & Managing Director of Goldi Solar & VAMA Inverters, expressed his enthusiasm, stating, "We are thrilled to foray into the on-grid solar inverte...

Pixon and Ecofy Forge Strategic Partnership to Deliver Financial Solutions Empowering Dealers and Distributors

17Jul

By Editorial TeamNo Comments

Must Read, RE Industry Updates

Pixon and Ecofy Forge Strategic Partnership to Deliver Financial Solutions Empowering Dealers and Distributors

PIXON, one of the leading premium solar module manufacturer announced their collaboration with Ecofy, a one of its kind green-only NBFC that is committed to resolving the climate finance gap in the Indian retail sector. The collaboration aims to address the financial product-based needs of dealers and distributors associated with PIXON, with an all-in-one platform to provide a financial solution. With this strategic alliance, PIXON is taking a significant step forward in its commitment to supporting its dealers and distributors by offering them streamlined access to financial assistance. With this partnership, PIXON aims to simplify the financial landscape for its stakeholders, enabling them to overcome financial barriers and thrive in their business endeavors. Ecofy has established...

Trina Solar Awarded “2023 Top Performer” by PVEL, With Vertex N Reliability Highly Recognized

12Jul

By Editorial TeamNo Comments

Must Read, RE Industry Updates

Trina Solar Awarded “2023 Top Performer” by PVEL, With Vertex N Reliability Highly Recognized

PV Evolution Labs (PVEL), the world-renowned third-party reliability testing laboratory, has published its 2023 PV Module Reliability Scorecard, and Trina Solar has once again been recognized as a Top Performer among global PV module manufacturers for the outstanding performance of its Vertex N modules, especially the Vertex N 605W module. It is the ninth year in a row that Trina Solar has won this accolade, a feat unparalleled by any other company. Using rigorous parameters, PVEL publishes the PV Module Reliability Scorecard every year, providing abundant data and research to the industry that helps guide its development, a role appreciated by all stakeholders. All Trina Solar’s testing modules, including p-type modules as well as n-type, performed exception...

Magenta Mobility Unveils PLENT: India’s First Game-Changing EV Charger with 12 Outputs, Unmatched Cost Optimization, and Cutting-Edge Safety

12Jul

By Editorial TeamNo Comments

EV Product Updates, Must Read

Magenta Mobility Unveils PLENT: India’s First Game-Changing EV Charger with 12 Outputs, Unmatched Cost Optimization, and Cutting-Edge Safety

Magenta Mobility, one of India's leading Electric Mobility and EV charging solution providers, proudly announces the launch of its groundbreaking product designed to meet the growing demand for safe, smart, and cost-optimal EV charging. PLENT sets a new standard in the charging infrastructure landscape by reducing the cost per charging point especially for fleet operators and residential societies. It is India's only EV charger with 12 charging outputs of 3.3 kW each, catering to multiple EVs simultaneously, offering unmatched cost-per-charging socket ratio. Developed specifically for Indian EV users, PLENT caters to the unique requirements of the Indian market. With charging times ranging from 3 to 3.5 hours, minimal downtime, competitive pricing, and exceptional performance and quali...

SMEV Petitions NGT: Slashing E2W Subsidy has Disrupted India’s Transition to Clean Fuel

15Jun

By Editorial TeamNo Comments

EV Industry Updates, Must Read

SMEV Petitions NGT: Slashing E2W Subsidy has Disrupted India’s Transition to Clean Fuel

The registered association representing Indian manufacturers of electric vehicles SMEV (Society of Manufacturers of Electric Vehicles) has today petitioned the National Green Tribunal (NGT) expressing concerns that MHI’s latest decision to cut-down FAME 2 subsides is likely to disrupt India’s growth in the EV sector and consequently have a detrimental impact on the environmental and health indices of the country. The SMEV via this letter has requested for NGT’s support to a Green Tax on fuel-based two-wheelers so as to incentivize the adoption of green vehicles and contribute to the national objective of environmental preservation and pollution reduction. It is be noted that recently, the Ministry of Heavy Industries (MHI), ...

BEST Gets Global Recognition in ‘Climate & Health’ Category for Its EV Fleet & Technology Adoption

15Jun

By Editorial TeamNo Comments

Must Read

BEST Gets Global Recognition in ‘Climate & Health’ Category for Its EV Fleet & Technology Adoption

The BEST has won the UITP Awards, one of the world’s most coveted prize In public transport.It was the winner in the ‘Climate and Health’, category and was also among the top three finalists in ‘Public And Urban Transport Strategy’ category. The award ass announced at Barcelona , said former general manager Lokesh Chandra, who had led the innovations during his tenure in BEST. He was recently transferred to MSEDCL as its managing director.BEST has received the award for its largest fleet of electric buses in the country and for adopting technology such as tap-in tap-out facility in buses, digital ticketing, premium app based electric buses etc. It plans to convert the entire fleet to electric and grow it to 10,000 buses to meet global standards by 2027. It will also go for 100% Rene...

L&T Construction is all set to create Renewable Energy Infrastructure for the World’s Largest Green Hydrogen plant at NEOM

15Jun

By Editorial TeamNo Comments

GH2 Industry Updates, GH2 Updates, Must Read

L&T Construction is all set to create Renewable Energy Infrastructure for the World’s Largest Green Hydrogen plant at NEOM

The Power Transmission & Distribution Business of Larsen & Toubro has achieved important milestones for the Power Elements and Grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company. Located at Oxagon in Saudi Arabia’s region of NEOM, NEOM Green Hydrogen Company (NGHC) is an equal joint-venture by ACWA Power, Air Products and NEOM. NGHC is setting up a mega plant to produce green hydrogen at-scale for global export in the form of green ammonia with a total investment of USD 8.4 billion. Supported by 23 local, regional, and international banking and financial institutions, the project has now achieved full financial close and construction is moving forward. A few quarters back, L&T received the nod to e...

Amp Energy India Closes Investments Totaling up to USD 250 Million from SMBC, ICG, and AIIB.

14Jun

By sapna.gb@gmail.comNo Comments

Must Read, RE Industry Updates

Amp Energy India Closes Investments Totaling up to USD 250 Million from SMBC, ICG, and AIIB.

Amp Energy India is a leading energy transition platform and India’s first truly balanced Renewable Energy IPP with a total portfolio of 2.7GW+ spread across 17 states in the country. Headquartered in New Delhi with regional offices in Mumbai, Bangalore & Kolkata. It provides renewable energy transition solutions to marquee customers across 10 diverse sectors such as Pharmaceuticals, Automobiles, Cement, Steel, Heavy Engineering, Infrastructure, FMCG, Educational Institutions, IT & Datacenters, Utilities, and Government bodies The Company has now secured up to USD 250 million from SMBC Bank of Japan (Sumitomo Mitsui Banking Corporation), ICG (Intermediate Capital Group), and AIIB (Asian Infrastructure Investment Bank) to fund the growth of the company. Pinaki Bhattacharyya...