According to a report by CRISIL, India’s renewable energy (RE) capacity, excluding large hydro projects, is expected to grow at a compound annual growth rate (CAGR) of 16.5%-17%, reaching 360-370 GW by fiscal 2030. This growth rate is double that of the country’s overall power capacity, which is projected to grow by 7.5%-8%, increasing from…
Servotech Power Systems has announced a collaboration with UK-based Ensmart Power to expand its electric vehicle (EV) charger business in the UK and North America. The partnership aims to leverage Servotech’s innovative EV charging solutions and Ensmart Power’s expertise in energy storage and distribution to develop a reliable and accessible EV charging infrastructure in these…
Himachal Pradesh is set to fully electrify its public transport system, with Chief Minister Sukhvinder Sukhu announcing a plan to convert the Himachal Road Transport Corporation (HRTC) fleet to 100% electric by March 2025. The transition to electric vehicles aims to reduce the environmental impact and improve HRTC’s financial performance, positioning it as a key…
The Ministry of New and Renewable Energy (MNRE) has introduced Scheme Guidelines for ‘Innovative Projects’ under the PM-Surya Ghar: Muft Bijli Yojana, as notified on October 8, 2024. This initiative aims to foster advancements in rooftop solar technologies, business models, and integration techniques with a budget of Rs 50 billion. The scheme will support startups,…