Polish grid operator switches off gigawatts of PV
Polish grid operator Polskie Sieci Elektroenergetyczne (PSE) has announced its third disconnection of renewable energy capacity this year. This time it has initiated the reduction of 1,201 MW to 1,877 MW of PV in response to oversupply.
Mahindra Group and Johnson Controls launch net zero buildings initiative in India
Under the Net Zero Buildings Initiative, Mahindra Group and Johnson Controls have launched a cost-free toolkit that will help building and facility owners to learn about the best practices of sustainable buildings, implement tools to assess building parameters, identify and implement conservation measures, and understand building regulations in India, available incentives, technology, financing models, and more.
Siemens revenue up 22% in Q1 FY 2024
Siemens Ltd has reported strong double-digit profitable revenue growth across businesses for the first quarter of financial year 2024 ended Dec. 31, 2023.
Siemens profit 36% up YoY in July-Aug-Sept quarter
Siemens Ltd has announced a revenue of INR 5,297 crore and net profit (profit after tax) of INR 534 crore in the fourth quarter of financial year 2023 ended September 30, 2023.
Genus Power’s order book exceeds INR 19,000 crore
The company expects a steady and significant increase in order volumes in the upcoming months of the fiscal year 2024 as numerous state electricity boards have commenced the bidding process to procure smart meters.
Servotech Power Systems files patents for energy management technologies
Servotech Power Systems has filed a patent for its technology that enables third-party entities to control load shifting in a battery energy storage system. It has also applied for a patent for its technology to channel renewable energy into BESS effectively.
Genus Power wins smart metering order worth INR 3,121.42 crore
Genus Power Infrastructures’ total order book now exceeds INR 17,000 crore (over $2 billion).
GMR Group secures $298 million smart metering project from UP discom
GMR Smart Electricity Distribution Private Ltd has secured a contract to install, integrate, and maintain smart meters in the Agra and Aligarh zone of Dakshinanchal Vidyut Vitran Nigam Ltd.
Apraava Energy signs MoUs worth $1.1 billion with REC and PFC
Apraava Energy will use the funds to develop its wind, transmission, and advanced metering projects.
Mango Power introduces 12 kW / 15 kWh whole home battery
The Mango Power M includes a hybrid inverter with 18 kW solar input and can be paired with an electric vehicle charger.
