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News
Building Batam’s High-Efficiency Power Backbone
3+ day, 11+ hour ago (573+ words) Batam is growing fast and Siemens Energy is helping strengthen its power backbone with efficient, reliable generation. From Siemens Energy’s first units on the island in 2004 to new SGT-800 combined-cycle projects booked in 2026, the company is supporting PLN Batam in…...
Govt offers 50% funding capped at Rs 2 crore to replace fossil fuels with solar heat in industry
4+ day, 10+ hour ago (221+ words) The Economic Times New Delhi: The Ministry of New and Renewable Energy has invited proposals to promote concentrating solar thermal technology for industrial process heating, offering financial support to cut fossil fuel use in applications ranging from food processing and…...
China battery storage: China pauses approvals for battery storage manufacturing projects
5+ day, 23+ hour ago (226+ words) China pauses approvals for battery storage manufacturing projects The Economic Times China, the world's largest manufacturer of âbatteries for energy âstorage, has temporarily suspended approvals for ânew factories, Chinese financial news outlet Cailianshe reported on Saturday.The…...
Ola Electric: Ola Electric approves Rs 1,500 crore fundraise; COO Hyun Shik Park quits
1+ week, 13+ hour ago (346+ words) Ola Electric approves Rs 1,500 crore fundraise; COO Hyun Shik Park quits The Economic Times Electric two-wheeler maker Ola Electric has approved a plan to raise up to Rs 1,500 crore by issuing shares and other securities, the company said in an…...
New renewable energy units may need to store 10% power for 2 hours
1+ week, 1+ day ago (272+ words) The Economic Times New Delhi: The Central Electricity Authority (CEA), under the power ministry, has proposed mandatorily storing energy for at least two hours and equivalent to at least 10% of the installed capacity for new solar and wind projects.The…...
Essex petition backs temporary pause on potential AI data centres
1+ week, 3+ day ago (685+ words) There are 194 data centres in Canada with plans for 213 projects, increasing capacity by 14 times. Essex could put the brakes on AI data centres before the town has even received an application for one. An online petition calling for an interim…...
IPO-bound Simple Energy eyes large fundraise to enhance production capacity, supply chain
1+ week, 3+ day ago (496+ words) The Economic Times IPO-bound electric two-wheeler maker Simple Energy is in "works" with a large fundraise to secure funds as it looks more capital for enhancing production capacity and in supply chain, company's Founder and CEO, Suhas Rajkumar has said....
Sanmar Group picks majority stake in Hyderabad-based AltEons Energy
1+ week, 4+ day ago (327+ words) The Economic Times Hyderabad: The Sanmar Group has picked up a majority stake in Hyderabad-based AltEons Energy While the company didn't disclose the quantum of investment, the renewable energy company will become a subsidiary of the Sanmar group as it…...
Odyssey Energy Solutions raises $74 million
1+ week, 4+ day ago (382+ words) The Economic Times Mumbai: Odyssey Energy Solutions, a platform for financing distributed renewable energy projects in emerging markets including India, raised $74 million from a clutch of investors.The funding consists of a $27 million equity round and $47 million debt, the company…...
Adani calls for new credit rating framework for transformational infrastructure
1+ week, 5+ day ago (718+ words) The Economic Times...