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Solar Revenue

Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market

Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from  BITS Pilani. Having helped build robotics solutions in India’s first deep […]

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Gujarat, Goa and Chandigarh Top Climate Performers: NITI Aayog

NITI Aayog has recently released a report called the State Energy and Climate Index (SECI) declaring Gujarat, Goa and Chandigarh as top performing states in the category of larger states, smaller states and UTs respectively on the basis of the performance by the states during 2019-20 across several parameters and mea­sures for mitigating climate change. […]

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Agilitas Energy Raises $350 Million to Expand Renewables & Storage Platform

Agilitas Energy, which claims to be the largest energy storage and solar PV player in the northeastern USA, has announced that it has raised $350 million of equity in a two-tiered investment from funds managed by CarVal Investors. The official statement of Agilitas held that the investment amount may be further upsized to $650 million […]

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Swedish Car-maker Polestar Delivering 65,000 EVs to Hertz

Swedish electric car manufacturer, Polestar has announced that it has begun delivering new Polestar 2 electric cars to car rental major Hertz as per the earlier signed agreement. The official statement held that Polestar will supply the global car rental giant with 65,000 cars over the next five years. The deal between Polestar and Hertz […]

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Zyngo to add 18,000 electric vehicles to expand last-mile delivery

Zyngo has announced that it is going to deploy more than 18,000 electric vehicles (EV) to enhance its last-mile delivery in India. Zyngo aims to be a leading third-party logistics service providers in the country. As per the official statement of the company, the electric vehicle shall be deployed all over the country by the […]

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HPL reports Q4 FY2022 Results; Jump In Consumer Segment Business

Electric equipment manufacturer HPL Electric and Power Ltd has announced its financial results for the Quarter and Year ended March 31st, 2022. The company has indicated a strong performance in the Consumer segment (B2C) business. According to the official statement released by HP Electric and Power, the wire and cable segment revenue grew by 72% […]

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Surat Municipal Body Saves Rs 65 Cr, Thanks To Renewable Power

Setting up an example as to how renewable energy can help the government to save on its scarce revenue, Surat Municipal Corporation (SMC) in Gujarat has saved Rs 65 crore by the optimal use of solar power. The SMC has solarized as many as 60 of its offices in multiple departments with solar power panels. […]

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UAE Leads In RE Expansion In Past Decade Worldwide

The Green Fuel Index report released by ‘Compare the Market’ – an Australia-based aggregator has revealed that the United Arab Emirates (UAE) has had the largest increase of renewable energy capacity in the world in the past decade. The report has said that UAE’s renewable energy capacity swelled from a mere 13 MW in 2011 […]

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Shell and Inaccess to deploy Unity Platform in 100MW Hybrid Project

As part of its global push in the renewable energy space, global energy firm Shell has developed a hybrid asset in the Netherlands in collaboration with Inaccess that would help in monitoring and controlling the renewable energy project. The Shell-developed renewable power plant consists of a 50MW photovoltaic power plant and a 50MW wind farm. […]

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