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

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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

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..