Wednesday, December 6

Must Read

Luminous Power Technologies launches Innovative Icon and High Capacity Inverter Range
Industry Updates, Must Read, RE Industry Updates, Uncategorised

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 to delight customers with smart, safe, energy-efficient and sustainable products. This was disclosed by Mr Amit Shukla, Senior Vice President – Energy Solutions Business, Luminous Power Technologies today at the launch event in Mumbai. Speaking on the occasion, Mr Shukla said, “Luminous has been at the forefront of offering power backup solutions for last 35 years. We have been pioneering, illuminating and delighting over 100 millions happy homes with our products that are tech-savvy, aesthetically designed and sustainable. Raising our bar th...
Ather Energy installs 100th Ather Grid in Bengaluru making it the largest EV fast charging network in the city
EV Industry Updates, EV Updates, Must Read

Ather Energy installs 100th Ather Grid in Bengaluru making it the largest EV fast charging network in the city

Indian electric scooter manufacturer, Ather Energy, announced the installation of its 100th Ather Grid in Bengaluru - This makes Ather Grid the largest electric vehicle fast charging network in the city.The 100th fast charging station that was part of the Ather Grid was installed at Third Wave Coffee at Banashankari. Also, with this, Ather Energy has entered into an alliance with Third Wave Coffee Roasters to establish fast charging stations at their outlets across the country. Diving into details, Ather Energy has installed more than 1300 charging stations across 85+ cities in India. Which according to Ather Energy makes Ather Grid the country's largest fast charging network for two-wheelers. It is also worth mentioning that the company's first electric vehicle charging station was...
ACME Group and Indraprastha Gas Limited sign MoU to explore the potential business opportunities  of Green Hydrogen
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ACME Group and Indraprastha Gas Limited sign MoU to explore the potential business opportunities  of Green Hydrogen

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. Ashwani Dudeja (President & Director - Green Hydrogen and Ammonia, ACME) and Mr. Sanjeev Kumar Bhatia (Vice President - Business Development & Gas Sourcing, IGL) in presence of senior officials of both the companies. ACME and IGL will work jointly to promote the adoption by the customers and create demand for Green Hydrogen in the country. The Companies will also work together to explore the opportunity of setting up hydrogen generation plants including setting up electrolyzers to blend Green Hydrogen in IGL’s existing pipeline networks su...
KKR to Invest Additional $250 million in  Serentica Renewables
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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 firm has already done in the month of Nov 2022. For bigginers, Serentica Renewable is focused on industrial decarbonization, by making renewables the primary source of energy for the commercial & industrial segment which consumes more than 50% of the electricity generated in India. Serentica said in a statement released that it is now gearing up to install 4,000 MW of renewable energy capacity that will aid clean energy delivery to large-scale industrial customers. The company is already  developing solar and wind power projects across Ra...
Avaada Energy Wins 560 Mw (Dc) Solar Project
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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. The project was awarded through competitive bidding, followed by an e-Reverse auction in which Avaada emerged as the winner with a quoted tariff of Rs. 2.88 / kWh (~$0.035). As per bid terms, PPA will be signed between two entities for 25 years, and the project will be commissioned within 18 months. The plant is expected to generate about 951 million units annually which will help reduce 8,85,563 tons of CO2 equivalent emissions annually. The solar project can potentially power ~7 lakh households with green energy. Speaking on this development, Vineet ...
ETO Motors in Collaboration with Delhi Metro Deploys 45 Electric 3-Wheelers at Kalkaji Metro Station
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ETO Motors in Collaboration with Delhi Metro Deploys 45 Electric 3-Wheelers at Kalkaji Metro Station

In line with India’s net zero pledge and to enable sustainable growth, ETO Motors, India’s leading EMaaS (Electric Mobility as a Service) Company with its unique 360-degree Electric Mobility business model, has launched 45 electric L5 three-wheelers with women driver partners at Kalkaji metro station in New Delhi. The initiative is in line with ETOs core principle of EMPOWERMENT and aims to promote their ‘drive and own’ scheme. This is ETO’s second launch in the city, they have successfully launched 36 E3Ws at Azadpur Metro Station for LMC service in December 2022.ETO has also set up a charging network through ETOs EV charging solution – Thunderbox at the Kalkaji metro station, which can simultaneously charge up to 30 vehicles at a time. Commenting on the launch, Mr Pavan Chavali, Mana...