A Bajaj Chetak electric scooter caught fire in Ichalkaranji, Kolhapur district, on Monday night. No injuries were reported. Bajaj Auto has initiated an investigation into the incident, emphasizing customer safety as their top priority. A local dealer mentioned that the fire primarily affected the scooter's wiring due to its metal body.
A Bajaj Chetak electric scooter caught fire in Ichalkaranji, Kolhapur district, on Monday night. No injuries were reported. Bajaj Auto has initiated an investigation into the incident, emphasizing customer safety as their top priority. A local dealer mentioned that the fire primarily affected the scooter's wiring due to its metal body.
Vietnamese EV maker VinFast has officially entered the Indian market. The company plans to build a complete ecosystem beyond just selling cars. This includes electric cars, buses, two-wheelers and charging infrastructure. VinFast has launched two models, the VF 6 and VF 7, assembled in Tamil Nadu. The company aims to offer benefits like free charging, maintenance, and a ten-year warranty.
GREW Solar announced on Monday that it has raised Rs 300 crore from investors, including Vijay Kedia and Rohit Kothari of GeeCee Holdings, to fuel its growth initiatives. The company plans to allocate the funds towards product development, technological advancements, and expansion efforts.
India is aggressively expanding its solar manufacturing capabilities to compete with China, driven by government support and growing domestic demand. ReNew's factory in Jaipur exemplifies this push, contributing significantly to India's clean energy transition. Despite challenges like U.S. tariffs and reliance on Chinese materials, India's solar industry is poised for growth, aiming for energy independence and ambitious renewable energy targets.
Adani Power and Druk Green Power Corporation Limited have signed an agreement for a 570 MW hydroelectric project in Bhutan. The Wangchhu project aims to meet Bhutan's winter power demand. It will also export surplus power to India during summer. Construction is expected to start in 2026. The project is targeted for completion within five years.
Adani Green Energy Ltd (AGEL) announced on Monday the operationalization of a 125-megawatt solar power project in Khavda, Gujarat, through its subsidiary, Adani Renewable Energy Fifty Six Limited. This addition elevates AGEL's total operational renewable generation capacity to an impressive 15,990.5 MW, reinforcing the company's commitment to expanding its green energy footprint in India.
Coal India, facing a production dip of 3.5% in the initial five months of this fiscal year, is diversifying its energy portfolio. The state-run mining giant has issued tenders for 3 GW of solar and 2 GW of wind power projects. This move aims to boost revenue sources and expand its renewable energy capacity to 9.5 GW by 2030.
Suzlon has secured a 381 MW wind energy order from Zelestra India for its first Firm and Dispatchable Renewable Energy (FDRE) project. The project, comprising 127 Suzlon turbines, will be spread across Maharashtra, Madhya Pradesh, and Tamil Nadu. This collaboration marks a significant step towards delivering reliable, round-the-clock renewable power and supports Zelestra's ambitious renewable energy goals.
India reduces GST on renewable energy devices. The GST Council approved the rate cut to promote green power adoption. Fuel cell vehicles and solar cookers also see reduced duties. The new rates take effect from September 22. Industry leaders expect lower project costs and increased investment. This move supports India's renewable energy targets and sustainable future.
Power Finance Corporation and Japan Bank for International Cooperation have formalized a loan agreement of 60 billion Japanese Yen to boost clean energy initiatives in India. This collaboration, under JBIC's GREEN initiative, aims to foster sustainable development and strengthen Indo-Japanese economic relations. A portion of the loan will support Assam Bio Ethanol Pvt Ltd's innovative bio-ethanol plant.
India's EV sector is experiencing rapid growth, supported by government incentives and advancements in battery technology. Efforts to expand charging infrastructure and reduce import duties are crucial factors driving the adoption and demand for electric vehicles, setting a promising path towards significant market penetration by 2030.
The future of India's urban growth hinges on sustainable real estate, which drives economic growth, energy efficiency, and enhanced living standards. Falling solar power costs and innovative designs offer profitability and environmental benefits, while both new constructions and smart retrofits provide significant opportunities for developers, investors, and homebuyers alike.
Waaree Energies Limited, India's leading solar module manufacturer, has acquired a 64% stake in Kotsons Private Limited for approximately Rs 192 crores. This strategic move allows Waaree to expand into the transformer business, capitalising on the growing demand driven by renewable energy and infrastructure development. Kotsons' manufacturing capacity will be expanded to meet both domestic and global needs.
