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NTPC Reports 5% PAT Growth YoY in Q3, Renewable Capacity Dominates Additions

NTPC, which is India’s largest energy conglomerate, has shared its results for Q3. The entity has reported a net profit of Rs 4,854.36 crore for the October-December quarter of FY23 on Saturday, nearly 5 per cent higher as compared to Rs 4,626.11 crore in the year-ago period. The company’s board has also declared a Rs […]

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IIT Palakkad Offers Rs 2 Cr to Step Up Renewable Energy & Safety Solutions

In a key development, the Technology IHub Foundation (IPTIF) of IIT Palakkad has announced the launch of Samarth Maha Utsav that is aimed at encouraging innovation in Renewable Energy and Safety. The new contest is called the flagship national contest of IIT Palakkad. As per the premier engineering institute, candidates that are interested in the […]

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Japan’s First Large-Scale Offshore Wind Farm Goes Online

Reports unanimously indicate that Japan holds vast potential for the development of wind energy. The island country’s coastline is expansive at nearly 30,000 km, which promises great potential for offshore wind energy. Despite the favourable conditions, Japan is trailing behind wind power leader countries like Denmark, UK and Germany. In fact, Japan is the fifth […]

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How Lithium Batteries Can Reduce The Rates of EV & Its Impact In 2023

By Ankit Mittal, Co-Founder & CEO, Sheru For an electric vehicle, the battery is its most crucial as well as its most expensive component. In 2015, they made up more than 57% of the cost of an electric car in the US. Advances in technology, improved manufacturing processes, and efficiency gains have all meant that […]

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India’s EV Charging Roll Out, ‘Patla Pin’ Magic, And More Challenges

For a nation that embraced the mobile phone with breakneck speed, pricey prices notwithstanding, the heyday of Nokia phones in the late 90s and through early 2000s became synonymous with the thin-pin charger, which was very popular and ubiquitous at the time. Such was its ubiquity that it was assumed that everyone or every home […]

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IRENA Report: Indonesia Energy Transition Outlook

A study titled “Indonesia Energy Transition Outlook” has been released by the IRENA (The International Renewable Energy Agency). This report offers an extensive, long-term energy roadmap that emphasises renewable energy sources for Indonesia’s transition to a cleaner, more sustainable energy system. The energy transition depends on Indonesia. As one of the Association of Southeast Asian […]

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Polish Energy Firm R Power Secures €30m Financing Agreement

Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […]

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Battery-Swapping Firm Chargeup Hosts EV Mela in Delhi

Recently in Delhi, battery-swapping company Chargeup held its first-ever EV Mela in Uttam Nagar, West Delhi. NBFCs, EV OEMs, e-commerce and food commerce businesses like Hero Electric, Lohia Auto, Shema Electric, GEM, PaisaLo, Zomato, Blinkit, Vahan, Rapido, and Uber were among the stakeholders that gathered at the special event. This was the first time a […]

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