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Smarten invests 3X in R&D, set to launch a disruptive range of solar power back-ups by end of the 2nd quarter of FY 2022
In the first phase of investment, Smarten has planned to produce MPPT technology to bring advanced products at an affordable price and will also focus on developing electronic hardware, remote monitoring software, and lithium-ion fabrication.
Amara Raja Group Co-founder and Chairman Jayadev Galla attends Davos WEF summit
Amara Raja has plans to invest $1 billion in building up its capabilities to manufacture lithium-ion batteries over the next 5-10 years.
Lord’s Mark Industries enters into one of the world’s mega solar lighting in Bihar
Bihar is one of the first states to implement the world’s largest solar-based lighting project. The project will be implemented through BREDA. Philips is channel partner to the project with Lords.
Servotech Power Systems announces results for FY2022, revenue up 64% y-o-y
Servotech Power Systems Ltd. releases FY21-22 financial results, sees a 64% increase in revenue, 386% increase in profits, 41% growth in EBITDA, and an improved EPS of INR 2.15/share.
Natural Battery Technologies announces automotive safe batteries
Natural Battery Technologies have developed specialized LFP Batteries that can replace lead acid batteries, that are being currently used to start engines in scooter and motorcycles. The current lead batteries usually lasts 2-5 years when used as a starter battery. Lead acid batteries have 300-400 cycles while LFP batteries have 1800-2000 cycles.
India Energy Storage Alliance (IESA) supports United Nations Industrial Development Organization’s (UNIDO) FLCTD Innovation Challenge 2022
The project provides financial assistance of up to US$50,000 to the winners to validate their innovation and demonstrate its efficacy (performance) in actual field conditions.
Ather partners with Magenta ChargeGrid to set up EV Charging Grids across the country
The partnership enables Ather to access Magenta ChargeGrid’s multiple locations across India to set up Ather Grids.
Jakson CMD Sameer Gupta elected as Chairman CII National Committee of Aatmanirbhar Bharat for RE Manufacturing – 2022-23.
Sameer Gupta led Jakson’s transformation from a genset manufacturing company to India’s prominent energy & infrastructure company.
U.S.-India Hydrogen Task Force hosts industry roundtable on the role of hydrogen in energy transition
The roundtable outlined high-level priorities for the U.S. – India Hydrogen Task Force, which saw participation from both U.S. and Indian companies seeking to promote the deployment of hydrogen technologies.
WAAREE emerges as the best exporter of the year
WAAREE exports solar modules to more than 19 countries. With numerous tests performed at various stages of manufacturing, it maintains quality at par with global standards.
