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Husk Power Systems and Smart Power India launch the “Pragati ki Aur” campaign to boost income of solar-powered, women-led MSMEs in rural India
In the campaign’s initial phase, about 500 women business owners were recruited in the communities served by Husk’s solar microgrids. After recruitment, coupons valued at up to 1 million INR (USD 12,500) were distributed to drive more business to these MSMEs.
Inox GFL Group raises INR 1,500 crore, takes a significant step towards achieving zero net debt
Promoters raise INR 720 crore through the sale of shares of Gujarat Fluorochemicals Ltd (GFL) and infuse the proceeds of INR 623 crore (net of taxes and expenses) in Inox Wind Ltd. Inox Wind repays INR 623 crore to GFL. The Group recently raised INR 740 crore through IPO of Inox Green Energy Services Ltd.
Eaton celebrates the success of its flagship event – EnnovATiON 3.0
Under the ‘college connect’ competition, students from various colleges, namely VIT, VIIT, MIT, and COEP, were invited to solve the problem statements using Data Science.
Ministry of Power institutes number of measures to improve the performance of utilities
Preliminary analysis of data for FY2022 of 56 DISCOMs contributing to more than 96% of input energy, indicates that the AT&C losses of DISCOMs have declined significantly to ~17% in FY2022 from ~22% in FY2021.
Grassroots Energy, Sheru, and Simulanis Solutions announced as winners of KPMG in India’s ENRich 2022 startup search awards
The top three startups will receive a platform for showcase and collaboration opportunities.
Significant Improvement in payment of GENCO dues with the implementation of Electricity (LPS and Related Matters) Rules, 2022
The total outstanding dues of States, which were at Rs 1,37,949 cr as on 03.06.2022, have been reduced by Rs. 24,680 Cr. to Rs. 1,13,269 Cr. with timely payment of just four (4) EMIs.
Power ministry launches scheme for procurement of 4.5 GW of power for five years under SHAKTI Policy
Scheme to help states that are facing power shortage and help generation plants to increase their capacities
10-point action plan to help industries adapt and enhance energy efficiency
Independent report highlights 10 actions to help industrial users improve their energy efficiency, and reduce emissions right now.
Solar inverter market to hit $18.97 billion at a CAGR of 5.78% by 2030
APAC accounts for the leading Solar Inverter Market due to increasing implementations of solar panels across the region. China, India, and Japan are emerging markets for solar inverters in the region and are projected to grow at a healthy CAGR throughout the assessment period.
Policy implementation took center stage at Mint EnergyScape powered by Amplus Solar
Besides a specific push for the use of electric vehicles, significant climate investments and green hydrogen production, the seamless ground-level implementation of the existing policy structure took center stage at the conclave.
