NTPC starts trial run of hydrogen bus in Leh
The first-of-its-kind green hydrogen mobility project at 11,562 feet will harness green hydrogen using renewable power from a co-located, dedicated solar plant of 1.7 MW.
Growth and challenges in EV infrastructure:
The lack of standardized charging systems can create complications for EV owners. Different EV models may require specific charging systems, and a universal standard is crucial to ensure compatibility and ease of use.
Top 5 solar inverter suppliers accounted for 71% of global shipments in 2022
Huawei, Sungrow, Ginlong, Solis, Growatt, and GoodWe emerged as the top solar inverter vendors in 2022, driving a significant portion of the year’s 330 GW (AC) of global inverter shipments.
Solar sovereignty: India’s path to sustainable independence and green revolution
The Indian government is actively steering the nation towards a sustainable and environmentally-conscious energy future. However, this juncture calls for a strategic alignment of protective measures to ensure their intended outcomes, notably reducing India’s reliance on energy imports and positioning the nation as a global hub for solar manufacturing.
Gensol Engineering’s Q1 FY 2024 revenue surges 47% YoY
Gensol Engineering has posted a 47% year-on-year increase in its revenue to INR 1,517 million ($18.27 million) for the first quarter of fiscal 2023-24.
Biwatt unveils new residential sodium-ion batteries
Biwatt Power, a Chinese manufacturer, has developed new residential sodium-ion batteries with an efficiency rate of 97% and a projected lifespan of more than 3,000 cycles.
Servotech to set up EV charger manufacturing plant in Uttar Pradesh
Servotech Power Systems will invest around INR 300 crore ($36.2 million) to set up an electric vehicle (EV) charger manufacturing facility with backward integration in the state.
Fourth Partner Energy raises additional $42.3 million in equity funding from Norfund
The corporate solar solutions provider has raised an additional equity investment of INR 350 crore ($42.3 million) from Norfund after receiving $100 million in 2021. It is also tying up with IFC for INR 560 crore fund to execute projects in India.
L&T selects Sungrow inverter solution for 2.2 GW AC solar plant in Saudi Arabia
Sungrow will supply its 1+X modular inverter solution to the 2.2 GW AC solar plant of the NEOM green hydrogen project. The PV plant is being executed by Larsen & Toubro on an EPC basis.
ONGC to spend $12 billion on green initiatives by 2030
The state-run explorer Oil and Natural Gas Corp. Ltd (ONGC) aims to achieve an installed renewable energy (RE) capacity of 10 GW by 2030 and 1 million tonnes per annum capacity of green ammonia production as part of its efforts to reduce its carbon footprint.
