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Servotech Power Systems announces Q4 results for FY22-23, PAT increases 3 folds
Servotech Power Systems Ltd. releases Q4 FY23 financial results, witnessing 134.8% increase in revenue from operations, 216.0% YoY growth in EBITDA, and an 363.4% increase in profits.
Smart Battery Swapping Startup Esmito partners with ElectricFuel to offer Energy as a Service
As part of the partnership, ElectricFuel will serve as an EaaS operator enabled by Esmito’s technology comprising of Battery Swap Stations backed by its smart management platform and Mobile App.
IEX power market update for April 2023
IEX Green Market, comprising the Green Day-Ahead and Green Term-Ahead Market segments, achieved 280 MU volume during April ‘23, lower 16% on YoY basis. Through this Market, IEX is facilitating renewables’ integration to achieve India’s sustainability targets.
Renewable Energy accounts for 22-23% of installed capacity and India can easily take it to 50%: Tarun Kapoor, advisor to Prime Minister of India, at IESW 2023
Tarun Kapoor, Advisor to Prime Minister of India, inaugurates IESW 2023, underscores the significance of energy storage and green energy technologies.
Battery storage inverter market projected to reach USD 56,230 million, with a CAGR of 11.5% by 2030
Asia-Pacific region is anticipated to hold the top position across the global battery storage inverter market over the review era.
Jakson Group continues to be the preferred EPC partner for leading Metro Rail projects in India
The company has recently completed projects for Bangaluru Metro Rail Corporation, Delhi Metro Rail Corporation Ltd and Rail Vikas Nigam Ltd.
Suzlon secures second order for their 3 MW series turbines from Juniper Green Energy of 69.3 MW
Suzlon will install 22 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower of their new product with a rated capacity of 3.15 MW each.
India’s Prestigious Net Zero Goal Takes Centre Stage at IESW 2023 with participation from over 25 countries
One of Asia’s largest green energy gathering to make India a global hub for R&D, manufacturing, and adoption of advanced energy storage, EVs and green hydrogen technologies.
Amplus is a #SafePlaceToWork- Clocks 15 million safe manhours to date
Amplus, India’s leading clean energy solutions provider announced that it has already clocked 1 million safe manhours this year, taking the company to 15 million safe manhours to date. The achievement stands tall in the face of risks attached to solar structure installations- working at heights, uneven surfaces, electrical hazards, using power tools and groundwork equipment etc., thus underlining the choice of Amplus as a great place to work because it is a safe place to work.
IIT Kanpur to convert Army stations into carbon-neutral campuses; signs MoU with Military Engineer Services (MES) Jhansi
Five Army campuses under MES Jhansi, have been selected for the first phase. IIT Kanpur will do yearly audit on carbon neutrality parameters for the cantonment.
