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SAEL raises $1 billion to advance its renewable energy portfolio
In addition to the $1 billion partnership announcement, SAEL has plans to complete capital expenditure of Rs 15,000 crore in FY 25 and execute 2-2.5 GW renewable capacity every year to reach its target of 10 GW in the next 4 years.Read more
IESA proposes key reforms for India's Energy Storage Sector ahead of budget session
This initiative aims to extend electricity access across the country. In the previous year's Union Budget, Viability Gap Funding for 4GWh of projects was announced as part of a $4 billion 'Green Growth' package.Read more
MIT unveils organic battery for EV, reducing reliance on costly cobalt
Cobalt, a crucial element in most lithium-ion batteries, poses considerable financial, environmental, and social challenges. Its extraction often involves hazardous conditions and environmental contamination.Read more
Delta Electronics, Ceres Power join forces to advance hydrogen energy solutions
As part of the agreement, Delta will gain access to Ceres' Hydrogen energy stack technology portfolio through technology transfer and licensing, involving an investment of approximately GBP43 million.Read more
Grew Energy explores sideways integration amid aggressive expansion plans
Grew Energy secured a Rs 567 crore incentive from the central government for a solar equipment manufacturing facility under the Production Linked Incentive (PLI) scheme.Read more
Manufacturing sector is experiencing a significant paradigm shift
In this interview with Rakesh Rao, Ravichandran Purushothaman, President, Danfoss India, highlights on various initiatives taken by Danfoss to promote sustainability and to help its customers achieve their Net Zero emission goals.Read more
Schneider Electric showcases innovative Electricity 4.0 solutions at DistribuElec 2024
Schneider Electric urges energy leaders to prioritise the development and deployment of smart electricity grids. The company advocates fostering sustainability in the power systems value chain.Read more
Delta Electronics launches "Innovation on Wheels" initiative in India
Over two decades, the company has been deploying smart energy-saving solutions to support the rapid transformation of India’s information technology, e-mobility, renewable energy, and manufacturing sectors.Read more
Tiger logistics secures BHEL contracts for comprehensive logistics services
The company will now be responsible for managing import and export operations by sea, offering services such as custom clearance, forwarding, handling, transportation, and warehousing services to BHEL.Read more
Honeywell CEO unveils growth plan focused on aviation, automation, energy transition
In a noteworthy announcement, Honeywell's Global CEO, Vimal Kapur expressed confidence in the growth potential of Honeywell's business in India, foreseeing a doubling of its size over the next five years.Read more