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SWELECT to invest up to US$500,000 in US battery storage venture
Swelect Energy Systems Limited has approved an investment of up to US$500,000 in Class B Preferred Equity of Comstock BESS LLC through its wholly owned Singapore subsidiary, Swelect Energy Systems Pte. Ltd., marking the company’s entry into the United States battery energy storage market. The investment was approved by the company’s Investment Committee at its…
Pace Digitek unit secures Rs 94 crore BSNL battery order
Pace Digitek Limited said its material subsidiary, Lineage Power Private Limited, has received an advance purchase order worth Rs 94.35 crore from Bharat Sanchar Nigam Limited (BSNL) for advanced Li-ion battery solutions. The development was disclosed in a regulatory filing dated 20 January 2026. The order covers the supply, installation, and commissioning of 25,000 smart…
NTPC commissions 6.6 MW wind unit in Bhuj hybrid project
NTPC Green Energy Limited has declared commercial operation for the 6.6 MW wind component of a 100 MW hybrid project in Bhuj, Gujarat. The project is owned by Ayana Renewable Power Four Private Limited, which is part of the NTPC Green Energy Limited group structure. The company issued the update in a regulatory filing dated…
Centre launches ADEETIE scheme to boost MSME energy efficiency
The Ministry of Power has launched the Assistance in Deploying Energy Efficient Technologies in Industries & Establishments (ADEETIE) scheme with a total outlay of Rs 1000 crore. ADEETIE aims to accelerate India’s transition to a low-carbon economy by supporting Micro, Small, and Medium Enterprises (MSMEs) in adopting energy-efficient technologies. The scheme is being implemented by…
IIT Guwahati develops perovskite technology for solar and memory devices
A research team at the Indian Institute of Technology (IIT) Guwahati has developed a hybrid perovskite semiconductor technology for high-efficiency solar cells and resistive-switching memory devices, with potential applications in energy conversion and neuromorphic computing. The research, led by Prof. Parameswar K. Iyer, focuses on improving the performance and stability of perovskite-based semiconductor materials. Perovskites…
India seeks $70 million from CIF to bolster energy storage and grid projects
India has drafted a proposal seeking $70 million in financing from the Climate Investment Funds (CIF) to enhance energy storage systems (ESS) and grid projects under the Renewable Energy Integration Investment Plan (REI IP), a joint effort by the Ministry of Finance and the Ministry of New and Renewable Energy (MNRE). Of the requested amount,…
