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Paras Enterprises banking on EVs and renewables for future growth
The company sees electric mobility as the next area of expansion. The growth in renewable energy has led Paras to also explore the requirement from winds mills and solar farms.Read more
Waaree Energies launches 1 GW solar plant in Vapi
The company claims to become the largest solar panel manufacturer in India as it expands capacity to 1.5 GWRead more
Mike Banach is new Regional GM of Honeywell UOP India
Banach’s vast experience will help UOP to further strengthen its business in India as the country is undergoing a paradigm shift towards a clean fuel regime (BS VI norms) Read more
EV is the Mobby Dick of the copper industry
Electric vehicle (EV) usage is expected to grow 9x over the next decade resulting in a 7% increase in copper demand.Read more
China’s Sungrow to build PV inverter making facility in India
The Chinese inverter solution supplier for renewables Sungrow Power Supply Co Ltd will strengthen its global delivery capability by establishing a new factory in Bangalore. The new manufacturing facility, having an annual production capacity of 3 GW of central and string inverters, can support Sungrow's rapidly growing customer base in regions across the world. In 2017, Sungrow shipped over 16.5 GW of PV inverters worldwide, an increase of over 48% from 2016. Demands from India, the US, Europe, Read more
Battery energy storage system global market to be worth $ 8.54 billion by 2023
According to the new marketsandmarkets research report, the battery energy storage system market is expected to grow from $ 1.98 billion in 2018 to reach $ 8.54 billion globally by 2023, at a CAGR of 33.9% between 2018 and 2023.Read more
US-based Unipower plans expansion in India for power solutions
The US- headquartered Unipower Llc will expand its service solutions by offering a complete range of products for the DC power market in India. Traditionally known for servicing telecom, utility, RE (renewable energy), EV (electric vehicle) and datacom markets, Unipower’s utility market solutions have deployed to provide reliable, backed up DC power for critical management and control systems.Read more
Microsoft announces first renewable energy deal in India
Microsoft Corp. has announced the completion of its first renewable energy deal within the Karnataka state of India. The agreement will see Microsoft purchase 3 megawatts of solar-powered electricity from Atria Power to help power its new office building in Bangalore. Read more
India should export power to neighbouring countries: R K Singh
In order to explore export opportunities in the region neighbouring regiones, Power Ministry plans to send teams to assess power demand in neighbouring countries.Read more
Global welding consumables market to reach $18.3 bn by 2023
Asia-Pacific is anticipated to grow at the highest rate, owing to the large number of ongoing and proposed energy projects in China and India, says Allied Market ResearchRead more
