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Borosil Renewables Q1 Results. Some Speed Bumps, But A Long Clear Road Ahead

Continuing its smart turnaround on the back of high solar glass prices, Mumbai-based solar glass manufacturer Borosil Renewables has reported a net profit of Rs 39.62 crore in Q1 FY22 as against a net loss of Rs 1.87 crore in Q1 FY21. The stunning results follow from a 151.8% YoY increase in net sales to […]

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Indian Government Allocated Rs. 756.66 Crore Under FAME Scheme till June 2021

The government has allocated over Rs. 756.66 crores under the FAME scheme, out of which Rs. 53.27 crores have been utilized till June 2021. The Indian Government launched the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme on April 1, 2015, to promote electric vehicles (EV) in the country. Its second phase, […]

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EV Startup Grevol Partners With CATL for Li-ion Battery Packs

Grevol has partnered with China’s CATL for Li-ion battery packs for its upcoming electric cargo. Green Evolve Private Limited (Grevol) is an Indian electric mobility startup, founded in 2019, which manufactures and finances EVs. New Delhi-based Grevol has announced the launch of their cutting-edge lithium battery packs, created for their soon-to-be-launched electric three-wheeler (E3W) (L5N […]

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NTPC Releases Tender to Deploy Hydrogen Fuel Cell Buses in Delhi, Leh

In its constant efforts for strengthening its footprint in the clean and green fuel sector, the state-owned NTPC on Monday announced that its subsidiary NTPC Vidyut Vyapar Nigam Ltd (NVVN) has floated a tender for deployment of hydrogen fuel cell buses in Delhi and Leh.  The bid document sale commenced on June 30, 2021, and […]

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Ather Energy Expands To Delhi

Indian electric scooter maker, Ather Energy today inaugurated its new experience center (retail outlet) ‘Ather Space‘, at Lajpat Nagar, New Delhi. This is Ather Energy’s 10th experience center in India, to provide a unique ownership experience along with service and support for owners. The Ather 450X,  Ather’s main offering, alongside the Ather 450 plus will […]

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“Five Years Is A Very Long Time In The Battery business”, Ak Shukla, Sanvaru

Sanvaru Technology CEO and founder AK Shukla seems to love doing the unconventional. From starting up a battery business when it wasn’t really the obvious thing to do, to setting up headquarters in the backwaters of Sonipat, Haryana. Today, the firm claims to be the leading manufacturer of Li ion/ Lifepo4battery pack for Solar/Electronic equipments […]

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MNRE’s Recent Notification Clarifies Applicability of ALMM Order

The Ministry of New and Renewable Energy (MNRE) has received representations seeking clarifications about certain aspects of ALMM (Approved List of Models and Manufacturers) Order, 2019. In response to this, the Grid Solar Power Division of the ministry has issued a notification, inviting attention to key provisions/instructions relating to the ALMM Order. Check the Official […]

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LONGi Bags Top Performer & Achiever Awards at PVEL and RETC

China-based major in solar cells and modules, LONGi Solar has bagged awards and recognition for PV module reliability and performance from two different testing labs— PVEL and RETC. LONGi received the ‘2021 Top Performer’ rank by PV Evolution Labs (PVEL), a leading independent test lab for the downstream solar industry. The company has won this […]

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Solex & Jinchen Sign MoU for 1.2 GW PV module production line in Surat

Gujarat-headquartered solar PV manufacturer Solex Energy Limited has signed a Memorandum of Understanding (MoU) for acquiring 1.2 GW of solar module production equipment from China’s Jinchen Machinery, as it plans to expand output. The first phase of 600 MW will be commissioned by October-2021 and the work for the second phase of 600 MW will start immediately as […]

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