Panasonic partners with SBI to provide financing to its solar customers

06 Aug 2024 CW Team

Toshiba to increase production capacity of transmission and distribution equipment
To address the growing global demand for power transmission and distribution (T&D) equipment amid the global trend of renewable energy expansion, Toshiba Transmission and Distribution Systems (India) (TTDI) said that it will increase its manufacturing capacity of power transformers and distribution transformer by approximately 1.5 times compared to FY2023, over a three-year period from FY2024 to FY2026. Toshiba Group has positioned the power T&D business as a focus business and will invest over `5 billion in TTDI to expand its capacity. With this investment, TTDI will increase its assembly and test line capacity for distribution transformers and power transformers for the transmission grids and distribution networks. Its enhanced testing capacity for power transformers will represent a significant upgrade in its testing capacity.
Contact: Toshiba
Tel: 124-499-6600
Email: contact@toshiba-india.com
Website: www.toshiba-india.com

Freyr Energy is all set to solarise 1,000+ homes by March 2025
Freyr Energy, India’s leading rooftop solar solutions company, is ramping up its initiatives to grow the business in Uttar Pradesh's residential rooftop segment. Building on its commitment to promoting solar energy adoption, Freyr Energy has already solarised 10 villages in the Lakhimpur and Bahraich districts, achieving a total installed capacity of over 300 kW. Additionally, the company has completed significant solar projects in the state, including Subharti (1 MW), Enertia (450 kW), and Brijbasi Art Press (185 kW).
Contact: Freyr Energy
Email: sales@freyrenergy.com
Website: www.freyrenergy.com

BluPine Energy bags financial closure for 120 MW solar project in Gujarat
BluPine Energy announced the financial closure for its 120 MW solar project in Panshina and Radhanpur village of Gujarat under Gujarat Urja Vikas Nigam (GUVNL). This milestone has been achieved through securing debt financing from State Bank of India. The total sanctioned debt for this ambitious project amounts to `4.36 billion. Once operational, the plant is expected to generate approximately 0.298 million MWh of energy annually, offsetting an estimated 0.27 million tonnes of CO2 emissions each year and supplying power to around 0.27 million households.
Contact: BluPine Energy
Tel: 0124-6880400
Email:communications@blupineenergy.com

Servotech leads Green push with solar-powered EV charging carport
Servotech Power Systems in collaboration with India’s apex solar organisation, the National Solar Energy Federation of India (NSEFI), has inaugurated Delhi’s first grid-connected solar-powered EV charging carport. This solar-powered EV charging carport, established as a pilot project at the Hauz Khas Village parking station, marks a significant milestone in sustainable energy and electric vehicle infrastructure. Servotech has manufactured, designed and commissioned the solar panels and EV chargers used to establish the carport.
Contact: Servotech
Email: servotech@servotechindia.com
Website: www.servotech.in

Panasonic Life Solutions India (PLSIND), a leading player in the distributed solar energy sector, announced its new partnership with the State Bank of India (SBI). This strategic alliance aims to support the Indian government's ambitious goal of achieving 500 GW of renewable energy capacity by 2030 by making solar energy solutions more accessible to individuals and businesses. The collaboration between Panasonic and SBI will provide attractive financing options to customers interested in solar energy and help in smoother adoption. This initiative is designed to make the transition to sustainable energy more feasible and appealing. Contact: Panasonic Website: www.panasonic.com Toshiba to increase production capacity of transmission and distribution equipment To address the growing global demand for power transmission and distribution (T&D) equipment amid the global trend of renewable energy expansion, Toshiba Transmission and Distribution Systems (India) (TTDI) said that it will increase its manufacturing capacity of power transformers and distribution transformer by approximately 1.5 times compared to FY2023, over a three-year period from FY2024 to FY2026. Toshiba Group has positioned the power T&D business as a focus business and will invest over `5 billion in TTDI to expand its capacity. With this investment, TTDI will increase its assembly and test line capacity for distribution transformers and power transformers for the transmission grids and distribution networks. Its enhanced testing capacity for power transformers will represent a significant upgrade in its testing capacity. Contact: Toshiba Tel: 124-499-6600 Email: contact@toshiba-india.com Website: www.toshiba-india.com Freyr Energy is all set to solarise 1,000+ homes by March 2025 Freyr Energy, India’s leading rooftop solar solutions company, is ramping up its initiatives to grow the business in Uttar Pradesh's residential rooftop segment. Building on its commitment to promoting solar energy adoption, Freyr Energy has already solarised 10 villages in the Lakhimpur and Bahraich districts, achieving a total installed capacity of over 300 kW. Additionally, the company has completed significant solar projects in the state, including Subharti (1 MW), Enertia (450 kW), and Brijbasi Art Press (185 kW). Contact: Freyr Energy Email: sales@freyrenergy.com Website: www.freyrenergy.comBluPine Energy bags financial closure for 120 MW solar project in Gujarat BluPine Energy announced the financial closure for its 120 MW solar project in Panshina and Radhanpur village of Gujarat under Gujarat Urja Vikas Nigam (GUVNL). This milestone has been achieved through securing debt financing from State Bank of India. The total sanctioned debt for this ambitious project amounts to `4.36 billion. Once operational, the plant is expected to generate approximately 0.298 million MWh of energy annually, offsetting an estimated 0.27 million tonnes of CO2 emissions each year and supplying power to around 0.27 million households. Contact: BluPine Energy Tel: 0124-6880400 Email:communications@blupineenergy.comServotech leads Green push with solar-powered EV charging carport Servotech Power Systems in collaboration with India’s apex solar organisation, the National Solar Energy Federation of India (NSEFI), has inaugurated Delhi’s first grid-connected solar-powered EV charging carport. This solar-powered EV charging carport, established as a pilot project at the Hauz Khas Village parking station, marks a significant milestone in sustainable energy and electric vehicle infrastructure. Servotech has manufactured, designed and commissioned the solar panels and EV chargers used to establish the carport. Contact: Servotech Email: servotech@servotechindia.com Website: www.servotech.in

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Infrastructure Energy

14 Oct 2025

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Infrastructure Energy

14 Oct 2025

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..