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Saatvik announces Accura Resources as its distributor for solar PV modules in Gujarat
Saatvik manufactures solar PV modules using M10 and G12 technology.
RWE and ArcelorMittal intend to jointly build and operate offshore wind farms and hydrogen facilities, for low-emissions steelmaking
The partnership centres on driving forward the production of carbon-neutral steel, with a plan to replace coal with wind power and green hydrogen as the main source of energy in steel production at ArcelorMittal’s steelmaking sites in Germany.
Preeti Bajaj appointed as the new MD and CEO of Luminous Power Technologies
In her last stint, Preeti worked with Adecco Group as the Australia and New Zealand CEO and MD of Modis Australia. Prior to that, she was with Schneider Electric Pacific and was the startup CEO of Clipsal Solar (a venture of Schneider Electric).
With new warehouse, Gautam Solar makes solar modules easily available
The solar panels to be stocked at Gautam Solar’s latest warehouse in Greater Noida include bifacial solar panels, poly 335 Wp DCR and non–DCR panels, mono 440 Wp bifacial and mono half-cut 540 Wp solar panels.
SUN Mobility expands its battery swapping operations to Maharashtra in collaboration with Amazon India
Starting with Amazon sites in Mumbai, SUN Mobility plans to deploy over 2000 stations in Maharashtra by 2025.
Valeo, Atul and Honda join hands to accelerate three wheelers electrification in India
Valeo, Atul Greentech Private Limited, the electric three-wheeler manufacturer, and Honda Powerpack Energy Private Limited, the swappable battery service provider, have signed a Memorandum of Understanding (MoU), through which Valeo will provide the electric powertrains and powertrain control unit for Atul’s electric three-wheelers to work with Honda’s swappable battery solution.
Green hydrogen industry to hit $10.22 billion, at a CAGR of 57.41% by 2030
The rise in environmental concerns that emphasize the requirement for the generation of clean energy to reduce emissions will boost green hydrogen market growth over the forecast period.
ReNew announces results for Q4 FY22 and FY 2022, both ended March 31, 2022
The company’s total Income (or total revenue) for FY22, ended March 31, 2022, was INR 69,195 million (US$ 912 million), an increase of 27.0% from FY21.
Power discoms facing headwinds owing to modest tariff hikes amidst rising costs and adoption of additional prudential norms by lenders: ICRA
Payables to power generators remain high at INR 1.3 trillion as of May 2022; discoms are allowed to clear the dues to power generators through 12-48 month installments.
Olympus to use 100% renewable electricity at R&D and manufacturing sites in Japan
Leads to 70% renewable energy use on a global level and marks significant progress towards achieving net zero carbon emissions by 2030.
