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Mahindra Launches Electric Three-wheeler at Rs 1.44 lakh

Bengaluru-headquartered Mahindra Electric Mobility has launched its new electric three-wheeler e-Alfa Cargo, priced at Rs 1.44 lakh (ex-showroom Delhi). The launch of the e-Alfa Cargo marks the company’s entry into the rapidly growing e-cart segment, said Mahindra. Formerly known as the Reva Electric Car Company, Mahindra e-Mobility’s EV portfolio also includes 3w Treo, sedan eVerito, passenger […]

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Strong Q3 Fy22 Results From NTPC Set The Stage For Renewable Push

The Country’s largest power generator- NTPC Ltd., with a present group installed capacity of 67,757.42 MW, declared the unaudited financial results for Q3/9M FY22 on 29 January 2022. NTPC group has recorded gross generation of 87.92 Billion Units in Q3 FY22 and 264.70 Billion Units in 9M FY22 as against 76.53 Billion Units and 222.41 […]

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Confirmed. Renew Power Sells Rooftop Portfolio To Fourth Partner For Rs 672 crores

ReNew Power, has confirmed the news of the selloff of its distributed rooftop portfolio. The news had been doing the rounds since last week, including on Saur energy. The firm today announced that it has sold 117 MW/138 MWp of its distributed rooftop solar portfolio to Fourth Partner Energy, one of India’s leading rooftop solar energy […]

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Growatt Launches battery System For Off Grid Storage

Leading PV inverter and energy storage system provider Growatt has added the AXE LV battery system to its smart energy product portfolios, expanding market reach to meet the growing demand for residential off-grid lithium battery storage systems. Growatt is counted as the leading inverter form for residential inverters, and among the top 5 globally for […]

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Global Floatovoltaics Market Expected to Reach 4.8 GW by 2030: Report

Global floating solar panels market, estimated at 1.6 GW in 2021, is projected to reach 4.8 GW by 2026, finds a new study published by research company Global Industry Analysts (GIA). Floating solar panels or floating photovoltaics (FPV), which are also known as floatovoltaics, are solar panels that are mounted on a structure floating on a […]

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Green Tech Firm Hydrostor Bags $250 M Invt from Goldman Sachs

Canadian long-duration energy storage solution provider Hydrostor has secured a financing commitment of US$250 million from Goldman Sachs Asset Management’s private equity and sustainable investing businesses, an official statement said. The investment proceeds will be used to support the development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy Storage (A-CAES) projects in […]

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Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff

In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […]

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Key Points of Inverter Selection in BIPV Project

Background The organic combination of PV system and buildings makes it fashionable and practical to create green buildings that meet key climate objectives too. These Building Integrated Photo Voltaic or BIPV systems are gaining in popularity with responsible corporates, as they help deliver key objectives of green energy, conservation, and sustainability for new constructions and […]

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Could 2022 be Offshore Wind’s Year Of Acceptance and Growth?

In our year end specials, we caught up on two key developments in the offshore wind space. ‘Farms’ located over 70 kms from shore, in China and in Europe, supplied their first power, and in the new year, are expected to go online formally. That these are located in two of the world’s key regions […]

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