Author: PPD Team Date: December 20, 2024
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.”
Author: PPD Team Date: January 29, 2026 ACME Group has signed a partnership with the Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) to develop a 200 kilo tonnes per annum green methanol manufacturing facility in Kendrapada district. The project will be implemented through ACME Akshya Energy and is expected to generate more than 1,100 jobs, marking the first large-scale green methanol initiative in the state. The IPICOL will facilitate the project, which forms…
Author: PPD Team Date: January 14, 2025 Solar inverter manufacturer Deye has launched the AE-F(S)2.0-2H2 Micro Hybrid energy storage system (ESS), an all-in-one unit combining an energy storage micro-inverter, battery modules, and a battery management system (BMS). Designed for home and outdoor applications, the system offers 24/7 intelligent monitoring and power management through Lora smart communication and an intuitive app interface. The system includes a 2 kWh lithium iron phosphate (LFP) battery, expandable to 10…
Author: PPD Team Date: December 9, 2024 The European Bank for Reconstruction and Development (EBRD) has signed a memorandum of understanding (MoU) with Romania to support renewable energy development in the country. The MoU, signed by Romania’s Energy Minister Sebastian Burduja and EBRD Romania head Victoria Zinchuk, will assist in the design and implementation of the next round of renewable energy auctions. Romania plans to auction 3,500 MW of renewable energy capacities, with the first…
Author: PPD Team Date: December 11, 2024 The Competition Commission of India (CCI) has recently approved the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (thyssenkrupp India) by Jsquare Electrical Steel Nashik Pvt Ltd (JSquare). JSquare, a newly-incorporated subsidiary of JSW JFE Electrical Steel Pvt Ltd (J2ES), is a 50:50 joint venture between JSW Steel Ltd and Japan’s JFE Steel Corporation. Currently, J2ES has no commercial operations but plans to begin the manufacture and sale…
Author: PPD Team Date: December 24, 2024 Power Grid Corporation of India Limited (PGCIL) and Adani Energy Solutions Ltd have emerged as qualified bidders for the Augmentation of transformation capacity at KPS1 (GIS) and KPS2 (GIS) (Phase-V Part B1 and Part B2 scheme). REC Power Development and Consultancy Limited (REC PDCL) is the bid process coordinator (BPC) for selecting a transmission service provider (TSP) through a tariff-based competitive bidding (TBCB) process. The project’s special purpose…
Author: PPD Team Date: July 4, 2025 On July 1, 2025, the Central Electricity Authority (CEA) and IIT Roorkee signed a Memorandum of Understanding (MoU) to work together on capacity building, research, and data sharing in the power sector. The MoU focuses on key areas: – Training CEA staff through IIT Roorkee’s online courses and short-term projects – Joint studies on decarbonization, energy efficiency, and just transition – Research on emerging technologies like green hydrogen,…