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All-India energy demand to continue to recover in 2HFY21
Electricity generation from renewable sources in October 2020 increased yoy by 36.6% to 10 billion units with a 27% yoy increase in solar and wind capacity.
Hitachi ABB Power Grids teams up with Ashok Leyland in e-bus pilot at IIT Madras campus
The tripartite MoU is for an e-mobility social innovation pilot and acclerates India’s journey toward a carbon-neutral energy future and sustainable society.
UNDP and Invest India launch the SDG Investor Map for India
18 Investment Opportunities Areas identified across 6 critical SDG-enabling sectors that can balance commercial returns with catalytic development impact.
BSE’s India INX, Luxembourg Stock Exchange partner to develop green finance
The pact with Luxembourg Stock Exchange, one of the largest and most popular destinations for listing of Green and sustainable bonds by issuers across the world, will provide opportunities for dual listing and also increase secondary market trading in green.
Distribution Utility Meet (DUM 2020): 4th annual conference of power distribution utilities for collaborative growth
The meet will be held this year on digital platform from 27 – 28 Nov 2020 with host utilities including BSES Yamuna, BSES Rajdhani, Tata Power Delhi Distribution Limited and Tata Power Company Limited, Mumbai.
Valeo launches fully integrated compact electric powertrain system in India
This advanced powertrain technology from Valeo will aid electrification at an affordable cost for small mobility vehicles like two-and three-wheelers that are extensively used for first and last mile connectivity in the country.
Idemitsu invests in European Open Innovation Venture Capital Fund from Emerald
Idemitsu Kosan (Headquarters: Tokyo, Japan), has decided to invest in an open innovation evergreen fund, managed by Emerald Technology Ventures, a Swiss clean technology-focused venture capital organization (Headquarters: Zurich, Switzerland). In addition, Idemitsu has decided to establish a new open innovation promotion base in Switzerland. For new business creation, Idemitsu strengthens its efforts to accelerate innovations with start-up companies, not only in Japan, but around the world.
IREDA’s gross Income jumps 17% to INR 2372 crore in FY 2019-20
The state-controlled renewable energy and energy efficiency lender sanctioned loans of INR 12,696 crore and disbursed INR 8,785 crore supporting capacity addition of 5673 MW during the year.
Littelfuse launches DC disconnect switch product line
Offered in both 250 and 400 amperage ratings, these switches prevent shock hazards when isolating circuits or repairing systems.
Hitachi ABB Power Grids in India: Q3 shows recovery, revenue nears pre-pandemic levels
Orders were up 56.9% quarter-on-quarter (QoQ) despite restricted business activity, and revenue up 46.9% at INR 932 crore.
