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Danfoss stays the course in H1 2024; India remains the fastest-growing region

After three years of significant growth, the first half of 2024 has proven to be challenging for Danfoss due to lower demand in select key markets. Strong double-digit growth in H1 in India supported the Danfoss Group’s ambitious plans to double sales in the country by 2025.Read more

Waaree Energies appoints Aniruddha Khekale as Chief Human Resources Officer

In his new role, Aniruddha Khekale will lead company’s human resources strategies, digital transformation, talent management programs, and employee engagement initiatives. Read more

India to surpass China in new energy sector

Projections from NITI Aayog suggest that by 2030, India's green ammonia production costs could be approximately 29% lower than China’s and 43% lower than Australia’s. Read more

Servotech gets 1.2 MW solar storage and grid order from UP SIRD and UPNEDA

The company will also be designing, manufacturing, supplying, erecting, testing and commissioning 20 kW and 40 kW grid-connected solar power systems, contributing to the state’s renewable energy goals. Read more

TPEML and TPREL collaborate to reach zero-emissions mobility in India

Tata Power Renewable Energy Ltd. through its extensive EV charging network of 5,600 public charging points is strategically positioned across India to provide solar-powered charging solutions.Read more

Gruner Renewable Energy secures $ 60 mn to expand CBG projects in India

Gruner Renewable Energy secures $ 60 mn to expand CBG projects in IndiaRead more

BHEL wins Rs 100 billion contract for a thermal power station in Jharkhand

BHEL will supply key equipment, including boilers, turbines, generators, and associated auxiliaries. Read more

SIDBI to create $1 billion green financing fund with $215 million aid from GCF

The GCF, an entity established by the United Nations Framework Convention on Climate Change (UNFCCC), approved a $200 million loan and a $15.6 million grant for capacity building to support SIDBI’s initiative.Read more

Cybersecurity attacks increase in Indian wind sector: NITI Aayog

Cybersecurity threats affecting wind turbines’ ability to exchange information via power plant controllers are emphasised, highlighting the critical need to develop Power Plant Controller (PPC) software. Read more

Toshiba to invest JPY 10 bn in growing Indian manufacturing unit by 1.5 for T&D equipment

With this investment, TTDI will increase its assembly and test line capacity for distribution transformers and power transformers for the transmission grids and distribution networks. Read more

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