Servotech Power Systems has rebranded as Servotech Renewable Power System, signalling its shift to renewable energy.
The new name reflects the company’s focus on solar products, EV chargers, and sustainable energy solutions.
Founder & Managing Director Raman Bhatia highlighted the company’s commitment to clean energy, stating, “Our future is in green energy.”
Invenergy has announced a virtual power purchase agreement (VPPA) with Honda Motor Co Ltd. for the Rusutsu wind project in Japan’s Hokkaido region, providing 63 MW of renewable energy. The wind farm is expected to offset 64,000 tonnes of carbon emissions annually, making it the largest corporate VPPA in the area. This agreement follows Invenergy’s 200 MW power purchase deal with a Honda group company in North America for the Samson Solar Energy Center, which…
The volume of interregional electricity transfer in India increased by 17.7% year-on-year during the first four months of FY25, reaching 95,410 million units (MU), up from 81,088 MU in the same period of FY24, according to data from Grid Controller of India Ltd (GRID-INDIA). The Western Region to Northern Region (WR-NR) transfer was the largest component, accounting for 40% of the total interregional transfer in FY25, up from 31% in FY24. The Western (WR) and…
The US Department of Energy (DOE) has allocated $474 million in grid resilience funding for fiscal year 2024 (FY24) to enhance the power grid’s resilience across 49 states, five territories, 254 tribal nations, and the District of Columbia. Supported by the Bipartisan Infrastructure Law, the funding aims to strengthen power grids against extreme weather events intensified by climate change, as part of the Biden-Harris Administration’s commitment to reliable, clean, and affordable electricity. This funding, administered…
The Indian Council of Medical Research (ICMR) has signed a Memorandum of Understanding (MoU) with NTPC Vidyut Vyapar Nigam (NVVN) to harness solar power for its institutes across India. This initiative aligns with the Prime Minister’s “Atmanirbhar Bharat” vision and supports India’s renewable energy goals. NVVN will install, test, and maintain rooftop solar panels at 15 ICMR institutes, with a total capacity of 4,559 KW. The project includes a 25-year Power Purchase Agreement (PPA) offering…
India’s renewable energy storage capacity is projected to increase to 6 GW by fiscal 2028, up from less than 1 GW operational as of March 2024, according to a statement by Crisil Ratings on August 14. The Indian government is focusing on developing infrastructure through standalone storage systems, such as pumped hydro or battery storage, as well as storage-linked projects that combine renewable energy (RE) generation with storage. In the past two fiscal years, auctions…
Larsen & Toubro’s Digital Energy Solutions (DES) business, part of its Power Transmission & Distribution arm, has received a mandate to implement Energy Management Systems (EMS) in regional and state load dispatch centres across South India. This project will upgrade control rooms for the Southern Regional Load Dispatch Centre (SRLDC) and the State Load Dispatch Centers (SLDC) of Andhra Pradesh, Kerala, Puducherry, Tamil Nadu, and Telangana. L&T DES will ensure the system integration without any…