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Waiting To Take Off-The PM-KUSUM Story

Satveer Singh is a 51-year-old wheat farmer based at Mohanpura village in the Sri Ganganagar district of Rajasthan. Around a year ago, he enrolled online with the state government under the Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme. As a result, the solar developers installed a seven-Horse Power (HP) solar irrigation pump […]

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Kapil Maheshwari is Appointed CEO of Welspun New Energy

Welspun New Energy, a subsidiary of Welspun Enterprises Ltd (WEL) has appointed Kapil Maheshwari as its CEO and Executive Director. Before he joined Welspun, Maheshwari was responsible for leading Renewable Energy and Green Hydrogen Ecosystem Development at Reliance Industries. He brings to the table two decades of experience in solar, greem hydrogen, storage, electronics. He […]

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EV Maker Wardwizard Operationalises Lithium-ion Battery Unit in Vadodara

Electric vehicle manufacturer Wardwizard Innovations and Mobility has announced that it has begun the operations of its lithium-ion battery assembly facility at Vadodara in Gujarat. The assembly line has been in-built by the company at its EV ancillary cluster and has an annual production capacity of 1 GWh. Wardwizard had announced about the company’s plan […]

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China-Based Gotion to Foray into Japanese Market Following Agreement with Edison Power

China-based manufacturer of lithium-ion power batteries Gotion High-tech has joined hands with Edison Power Co., a renewable energy and energy storage developer, for the development of large storage battery and recycling market in Japan. This partnership will also mark the entry of Gotion into Japan. Gotion High-tech will be responsible for the supply of cells, […]

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Chinese Battery Giant CATL Announces 2022 Results, Almost Doubles Profit

Chinese battery giant Contemporary Amperex Technology Limited (CATL) has announced its financial results and said that it almost doubled its net profit in 2022 due to the booming electric vehicle market at home. CATL said that its net profit increased by 93 per cent to $4.4 billion in 2022 year on year. The company disclosure […]

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Honda’s Zero Emission Stationary Fuel Cell Backing Up Power to Data Center

Honda has announced that it has begun the operation of a stationary fuel cell power station – leveraging Honda’s hydrogen fuel cell technology expertise – on its corporate campus in Torrance, California on March 6, 2023. This would mark the beginning of the company’s future commercialization of zero-emission backup power generation. The initiative is a […]

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“There is no scheme for ore-refining, converting them into cathode materials” Rajat Verma, CEO & Founder, Lohum

Powering next-gen li-ion battery mobility and energy solutions, making second lives for batteries a reality through reuse technology, and lithium ion battery recycling, Lohum is proving to be a gamechanger in the battery recycling and repurposing space. Rajat Verma, CEO & Founder, Lohum, offers insights into the battery recycling industry, providing an overview into the […]

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ReNew Q3 FY23 Results- Net Loss Shrinks 36%, Revenues Up 19%

ReNew Energy Global Plc , which now terms itself a global decarbonisation solutions company, announced its consolidated results for Q3 FY23 and nine months ended December 31, 2022 last week. Operating Highlights: As of December 31, 2022, the Company’s portfolio consisted of 13.4 GWs, a 30.2% increase year on year, of which 7.8 GWs are […]

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Tata Power Q3 Results, TN Cell and Module Plant To Start By End Of 2023

Tata Power announced its Q3 Fy23 results on Friday, reporting consolidated net profits almost double of the numbers in the corresponding quarter of previous year. At Rs 1,052.14 crore in the quarter ended December 2022, the profit growth was aided by higher power generation and distribution sales, as well as improved realisation per unit. Strong Growth […]

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