Press Releases

GreenFi, an AI-enabled risk management platform for ESG compliance, has raised $2 million in a seed funding round led by Transition VC, with participation from senior banking executives from Singapore and the Middle East. The company will deploy the funding to scale its global distribution network, strengthen its AI product innovations, and expand its presence across key markets including California, Europe, Southeast Asia, and the Middle East.

The newly launched Polycab Solar Kits offer a one-stop solar power solution tailored for residential, commercial, and rural applications. Each kit integrates high-efficiency Grid-tie Inverters, Solar Cables, AC/DC distribution boxes and accessories like earthing kits, connectors and lugs delivering a reliable and easy-to-install solution designed to make solar energy more accessible. This launch builds upon Polycab’s existing solar portfolio, which includes string inverters, solar cables, and other energy-efficient components.

Evolve Energy Group, India’s true one-call solar solution, has announced the appointment of former Indian cricketer and Tamil Nadu head coach Hemang Badani as its brand ambassador. The partnership underscores Evolve’s commitment to building trust, reliability, and leadership in the country’s fast-growing solar sector.

NTPC Ltd, India’s largest integrated power utility, celebrated its 51st Raising Day, marking over five decades of energizing India’s growth and leading the nation’s journey towards cleaner and sustainable energy.

Having already supported the teams for the past year, the Foundation will now bear all expenses, including nutrition, transport, sports equipment, and other necessities. This initiative aims to allow the talented players to focus completely on their game without worrying about finances.

SanchiConnect, in collaboration with Renewable Energy India (REI) Expo- an initiative of Informa Markets, successfully launched the first-ever Startup Pavilion and Investor Lounge at Asia’s 2nd largest clean energy summit.

ABB India announces Cloudworx as the winner of the ABB Startup Challenge India 2025, selected from over 100 visionary startups. Seven finalists pitched their innovative AI-powered solutions that can help simplify drive and motor selection, commissioning, and troubleshooting

At the official unveiling of its engineered-in-India 4.2M160 wind turbine prototype at Windergy India 2025, Senvion India announced the signing of a Memorandum of Understanding with Integrum Energy to supply and commission up to 50 units of the 4.2M160 model. This collaboration represents a potential capacity addition of 210 MW across Tamil Nadu, Madhya Pradesh, Maharashtra, Gujarat, and Karnataka.

Waaree Transpower, an arm of Waaree Energies Ltd, has unveiled Inverter Duty Transformers (IDTs) for a broad spectrum of users from utility-scale solar plants to industrial captive units and smart grid operators. The company said these IDTs are engineered to ensure seamless, efficient power transmission across India’s fast-evolving energy landscape.

Luminous Power Technologies is showcasing its latest portfolio of smart, clean, and connected energy solutions at the Renewable Energy India (REI) Expo 2025, being held from October 30 to November 1, 2025, at India Expo Mart, Greater Noida.