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Incentives for adoption of renewable energy

Power minister RK Singh informed about several steps taken by the government to promote renewable energy in the country.

Aggregate technical and commercial losses reduced from 21.50% to 20.93%

The cost of power to distribution utilities increased from Rs. 4.21/KWh in the year 2017-18 to Rs. 4.73/KWh in the year 2019-20, in which time, the Aggregate Technical and Commercial Losses reduced from 21.50% to 20.93%.

Redington partners Enact Systems for launch of solar software platform in India

Installers partnered with Redington, and new Installers can now design a solar system, develop proposals and contracts to close customers and then procure the necessary hardware solutions from Redington all on a single seamless online experience.

EKI Energy Services launches new arm for sustainability services

The carbon credits company has expanded the leadership team of the new business arm as part of a strategic step to drive increased focus on service delivery and customer satisfaction. It has revamped its comprehensive bouquet of offerings with state-of-the-art climate solutions that can be customized for customer’s unique climate requirements.

EVET by Magenta implements a connected Fleet Management system for its EV logistics services

To provide clients with the most efficient logistics solutions and transportation services, EVET powered by Magenta implements a new connected Fleet Management system to its EV delivery & logistics services.

Kerala government collaborates with Social Alpha on developing clean energy startup ecosystem

The focus will be on clean energy technologies promoting smart grids, transition to renewables, and climate action by setting up of a joint Incubation Centre in Kerala for strengthening the early-stage innovation ecosystem.

IREDA and Goa Shipyard Ltd signs MoU for rooftop solar power projects

Indian Renewable Energy Development Agency Ltd. (IREDA) today signed a Memorandum of Understanding (MoU) with Goa Shipyard Limited (GSL) to provide its techno-financial expertise to set-up a rooftop solar power project. The two companies are PSUs under the Ministry of New & Renewable Energy and the Ministry of Defence, respectively.

Ola to set up advanced engineering and vehicle design in the UK

Ola Electric, India’s leading manufacturer of EVs, today announced Ola Futurefoundry, its global center for advanced engineering and vehicle design.

EKI Energy Services Ltd. bags contract as carbon credit service provider from Indore Smart City Development Ltd.

EKIESL will now assist ISCDL to monetize the carbon credits generated by its numerous green initiatives. This is the second contract that EKIESL has won from ISCDL after the successful generation of additional revenues of approx. Rs. 8.34 crores within FY 21-22 under the existing contract.

Sterlite Technologies wins INR 170-crore unified network management contract for PGCIL

Leveraging its software-defined networking solution, STL will deliver a customised Unified Network Management System (UNMS) offering advanced automation, programmable configuration and actionable insights.

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