Press Releases

The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India with a focus on business loans and for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly benefit women-owned MSMEs and those in lagging states.

Exicom, one of India’s leading EV charging and critical power solutions manufacturer, has announced a strategic partnership with IONAGE, a leading EV charging software platform provider. This collaboration aims to build a neutral, unified and accessible EV charging ecosystem, while simplifying charger discoverability, accessibility, and management across the country.

TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, today announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka.

Servotech Renewable Power System Ltd. (NSE: SERVOTECH) (formerly known as Servotech Power Systems Ltd.), a leading provider of EV chargers and solar solutions, has announced its successful acquisition of its first solar rooftop order of around 2 MW from North Eastern Railway (NER), Lucknow Division.

The recently released report charts the rise of women in India’s tech workforce, highlighting gains in pay equity while addressing ongoing challenges in leadership and career growth

The Centre for Energy Regulation (CER), IIT Kanpur, organised the Dissemination Symposium on “Shaping the Next Era of Power Sector Reforms in India” under the Power Sector Reforms (PSR) Phase II programme supported by the UK Government’s Foreign, Commonwealth & Development Office (FCDO).

Company launches PuREPower products across Home, Commercial, and Grid—to transform energy storage across residential, business, and grid applications

Coinciding with the 1 GW installed WTG milestone, Senvion India has also completed the manufacturing of 500 nacelles from the Baramati (Maharashtra) plant and 500 sets of blades from blade factories in Vadodara (Gujarat) and Tiruchirappalli (Tamil Nadu).

With these new orders, the company’s order intake till date in FY25 has reached INR 24,850 Crores,

Ginlong (Solis) Technologies, one of the most experienced and largest inverter manufacturers in the world, is proud to announce that it has been awarded the prestigious ‘Top PV Inverter Brand’ seal in Belgium, by global market research organization – EUPD Research.