BEE's Solar Inverter Program to Save 21.1 Billion kWh

19 Mar 2024 CW Team

The Bureau of Energy Efficiency (BEE) has launched a new solar inverter program projected to save 21.1 billion kWh of energy and reduce 15.1 million tonnes of CO2 emissions by 2034. This initiative underscores BEE's commitment to promoting energy efficiency and sustainability in India's renewable energy sector. The program aims to incentivize the adoption of advanced solar inverters that meet stringent efficiency standards. By encouraging the use of high-efficiency inverters, BEE anticipates significant reductions in energy consumption and carbon emissions across the country.

The projected savings of 21.1 billion kWh and reduction of 15.1 million tonnes of CO2 emissions by 2034 highlight the program's potential to contribute to India's climate goals and enhance energy security. BEE's solar inverter program is expected to drive innovation and market transformation in the solar energy sector while ensuring optimal utilisation of resources and minimising environmental impact. Through strategic initiatives like this, BEE continues to play a crucial role in promoting sustainable development and fostering a greener, more resilient energy ecosystem in India.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

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Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..