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solar business

Grew Appoints Hiten Parekh As Its New President (Global Sales)

Indian solar module manufacturer Grew has appointed Hiten Parekh as its new President (Global Sales). Grew was founded in 2022 and is backed by the legacy of the Chirpal Group.   “I am happy to share that I am starting a new position at GREW as President of Global Sales. GREW is Chiripal Group venture and […]

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Magenta Mobility & Switch Mobility Signs MoU To Procure 500 SWITCH IeV4

Integrated electric mobility solutions provider Magenta Mobility and Switch Mobility, the electric vehicle arm of the Hinduja Group have signed an MoU to procure 500 SWITCH IeV4 (Intelligent EV) over two years. The MoU was signed by Maxson Lewis, Founder & CEO of Magenta Mobility, and Mahesh Babu, CEO of Switch Mobility in the presence […]

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Waaree Energies Appoints Amit Paithankar As Its New CEO

Waaree Energies Ltd has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). The renewable firm in a media statement today said that with his career spanning over two decades, Paithankar brings significant experience in driving growth, innovation, and sustainability in his practices, “In his new role as Chief Executive Officer […]

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Green Stocks Buck Market, 3 Locked On Upper Limit

Our renewable pack continues to handily beat the market, if not defy gravity. On a day when the market corrected almost 0.8%, three of the 11 stocks in our basket stayed locked into the upper circuit filter. That one of them made losses in its last quarter (SWREL), and the other two are EPCs in […]

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Global Wind Firm Vestas’ Revenue Plunges 5.2% YoY Amid ‘Geopolitical Volatility’

Global Wind Energy company Vestas has released its Q1 figures as it generated revenue of EUR 2,681million witnessing a decrease of 5.2 percent compared to the year-earlier period. Vestas also outlined that continued geopolitical volatility is expected to cause uncertainty in 2024 and that profitability should also continue to improve gradually but will still be […]

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Microsoft Inks Largest Ever Corporate Deal For 10.5 GW With Brookfield

Brookfield Renewable and Microsoft have entered into an energy framework agreement for 10.5GW of renewable capacity. The deal is meant to power upcoming data centres owned by Microsoft, as it doubles down to build stronger AI capabilities that will need much more energy at data centres to deliver. It is estimated that Microsoft would be […]

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Area Sales Manager, Power Generation (South Asia & Southeast Asia)

Overall business development and the direct sale of new turbomachinery systems, construction services and associated aftermarket services for Power Generation application covering key countries from South Asia & Southeast Asia region. This is a key position which is critical to the company in achieving its business objectives and it has significant sales and territory responsibility. […]

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GE Vernova Secures STAMC Project In Odisha

GE T&D India Ltd., a listed entity of GE Vernova’s Electrification business in India, announced that it has secured orders from Power Grid Corporation of India Ltd (PGCIL) to build a State Transmission Asset Management Centre (STAMC) in Odisha, India for Odisha Power Transmission Corporation Limited (OPTCL). Through this Odisha project, GE T&D India Ltd. […]

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Battery Storage Needs To Be Increased Six Times By 2030 To Meet Global Energy Demand

After their deployment in the power sector more than doubled last year, batteries need to lead a sixfold increase in global energy storage to enable the world to meet 2030 targets, according to the latest International Energy Agency (IEA) report. Growth in battery outpaced almost all other clean energy technologies in 2023 as falling costs, […]

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