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EMO Energy raises $6.2 million in Series A funding
EMO Energy has secured $6.2 million in its Series A funding round, led by Subhkam Ventures with participation from Transition VC. The funds will be used to scale the company’s advanced battery solutions for electric vehicles (EVs) and energy storage systems. The company plans to deploy its services across 100,000 two- and three-wheeler vehicles over…
Oswal Energies receives first electrolyser for green hydrogen project
Oswal Energies Limited has kicked off its Rs 3.2 billion green hydrogen project with the delivery of the first 1 MW electrolyser stack. The equipment, supplied by Greenzo Energy India Limited, marks the start of a 20 MW project being developed under a build-operate-transfer model. The project targets the chemical and fertiliser sectors as end…
India | Leadership | NewsBHEL appoints Aruna Gulati as head of solar business division
Bharat Heavy Electricals Limited (BHEL) has announced the appointment of Ms. Aruna Gulati as the new Head of its Solar Business Division (SBD), based in Bengaluru. The appointment, effective from 25 April 2026, places her in the company’s senior management, where she will report to the Director (Industrial Systems and Products). Ms. Gulati holds a…
MNRE tightens payment rules, revises committee structure under PM-Surya Ghar
The Ministry of New and Renewable Energy (MNRE) has issued two office memoranda dated October 6, 2025, revising procedures under the PM-Surya Ghar: Muft Bijli Yojana. The updates focus on the payment mechanism for the Utility Led Aggregation (ULA) model and the structure of the scheme’s awareness committee. Under the new payment rule, Central Financial…
MNRE updates DCR norms for solar cells
The Ministry of New and Renewable Energy (MNRE) has issued updated domestic content requirement (DCR) norms for solar cells. According to the new guidelines, only solar cells based on crystalline-silicon technology and manufactured in India using undiffused silicon wafers (black wafers) will qualify as domestically produced. These wafers fall under Customs Tariff Head 3818, and…
Lending to renewable energy projects in India rises 63% in 2023
Lending to renewable energy (RE) projects in India surged by 63% in 2023, reaching Rs 302.55 billion, compared to the previous year, according to a report by the Centre for Financial Accountability. Solar energy accounted for 49% of the funding, with Rs 148.14 billion directed toward solar projects. Hybrid projects saw a 31% year-on-year increase,…
