Category: Uncategorized

BikeWo Green Tech Limited has unveiled its long-term strategy to build a full-stack mobility and logistics platform, with capabilities spanning electric mobility, fleet operations, logistics infrastructure, technology and renewable energy.

The strategic roadmap was presented during the Company’s Extraordinary General Meeting (EGM), where shareholders approved the proposed warrant issue. The Company outlined the rationale behind the strategic initiatives undertaken over the past several months and its plans to build capabilities across multiple layers of India’s rapidly evolving logistics sector.

As India continues to invest in manufacturing, infrastructure and supply chain modernisation, the country’s logistics sector is emerging as one of the key enablers of long-term economic growth. Against this backdrop, BikeWo aims to position itself as an integrated platform serving the broader mobility and logistics ecosystem.

The Company’s long-term strategy focuses on developing capabilities across electric mobility, fleet ownership and management, technology-enabled logistics operations, warehousing, multimodal logistics, renewable energy integration and strategic partnerships. These capabilities are being developed as complementary components of a unified operating platform, enabling greater integration, operational efficiency and long-term scalability.

As part of this strategy, BikeWo has announced multiple strategic collaborations in recent months across electric mobility, solar-assisted transportation, rural mobility and aviation logistics. These initiatives are intended to strengthen the Company’s capabilities across key segments of the logistics value chain and support the execution of its long-term platform strategy.

The proposed capital infusion is expected to provide the Company with enhanced financial flexibility to pursue strategic opportunities, strengthen operational capabilities, invest in technology and infrastructure, support fleet expansion and evaluate value-accretive acquisitions aligned with its long-term vision.

Commenting on the occasion, Mr. Hiten Pal Saklani, Chief Executive Officer, BikeWo Green Tech Limited, said: “India’s logistics sector is emerging as one of the country’s most important economic growth engines. At BikeWo, we are building an integrated mobility and logistics platform designed to participate across the logistics value chain. By bringing together mobility, fleet operations, technology, infrastructure and strategic partnerships, we are creating capabilities that reinforce one another, strengthen our platform and support sustainable long-term value creation for our shareholders.”

The Company reaffirmed that disciplined execution, prudent capital allocation, robust corporate governance and operational excellence will remain central to its growth strategy as it expands its integrated mobility and logistics platform.

WattPower Systems, a leading company in the renewable energy industry, announced the official launch of its CSR arm, WattPower Foundation, marking a new chapter in the company’s commitment to creating a positive impact beyond clean energy. Guided by its Wired for Good philosophy, the Foundation will work towards building stronger communities through initiatives that improve access, create opportunities and bring lasting change.

The Foundation will focus on four key areas that lie at the heart of its vision: women’s empowerment, education, menstrual health and animal welfare. These focus areas reflect the belief that meaningful change begins by standing beside those who need support and creating opportunities that help people lead better lives.

Announcing the launch, Smriti Agrawal, Chairperson, WattPower Foundation, shared her vision by saying, “The WattPower Foundation is deeply personal to me because every cause we support comes from something I have witnessed or experienced. Over the years, I realised that meaningful change often begins with simple acts of care and the willingness to stand beside those who need us the most.

Through this Foundation, we hope to create opportunities that help people move forward with confidence and dignity. If we can make even a small difference in someone’s life, we believe it is a responsibility worth taking.”

The Foundation has already begun supporting initiatives across its four focus areas. In partnership with Round Table India, it has contributed to the construction of classrooms that provide children with a better learning environment. Together with Project Baala and SP Seva Sansthan, it has worked to improve menstrual health awareness and access to reusable sanitary napkins for women and girls. Through its partnership with Friendicoes, the Foundation has also supported the care and feeding of stray animals, reflecting its commitment to compassion in all its forms.

As the Foundation grows, it will continue to work with government bodies, educational institutions, implementation partners and community organisations to expand its reach and create lasting impact across India.

Billion Electric Mobility (BillionE), India’s pioneering E-Mobility-as-a-Service (eMaaS) platform, today announced its partnership with J K Cement Limited, one of India’s leading cement manufacturers, to accelerate the decarbonisation of commercial freight through the deployment of heavy-duty electric trucks. As part of the partnership, Billion Electric will deploy more than 150 heavy-duty electric trucks during the current financial year, enabling J K Cement to progressively transition its cement transportation operations to zero-emission mobility.

The partnership commenced with the flagging off of the first fleet of 20 heavy-duty electric trucks with a Gross Vehicle Weight (GVW) of 55 tonnes from J K Cement’s Muddapur plant in Karnataka. The trucks will transport cement to stockyards across Karnataka, Maharashtra, and Goa, marking one of the largest deployments of electric trucks for cement logistics in the region and demonstrating the commercial viability of long- and mid-haul zero-emission freight operations. Through its integrated eMaaS platform, Billion Electric will provide an end-to-end electric freight ecosystem encompassing heavy-duty electric vehicles, charging infrastructure, fleet operations, and technology-led route management.

 Speaking on the occasion, Mr. Pushparaj Singh, Group President – Marketing, J K Cement Limited, said, “To support the deployment, Billion Electric will leverage ChargeZone’s expanding high-speed charging network across key freight corridors in Karnataka, Maharashtra, and Goa. Charging infrastructure is being strengthened across strategic locations, including Nipani, Satara, Pune, Karad, Ratnagiri, Sindhudurg, Goa, Hubli, and Davanagere, enabling reliable operations for long- and mid-haul electric freight movement and creating the infrastructure backbone required for large-scale commercial EV adoption.

Commenting on the partnership, Mr. Sanjeev Kulkarni, CEO at Billion Electric Mobility, said, “The decarbonisation of India’s freight sector will be driven by enterprises that are willing to lead from the front. J K Cement’s commitment demonstrates that heavy-duty electric mobility is no longer a future aspiration but a commercially viable reality. Through Billion Electric’s integrated eMaaS platform, supported by ChargeZone’s expanding high-speed charging network, we are enabling businesses to transition to electric freight with confidence while building the infrastructure backbone needed to scale zero-emission logistics across the country.”

The partnership represents another significant milestone in India’s transition towards sustainable commercial transportation. By combining J K Cement’s commitment to greener operations with Billion Electric’s integrated electric freight platform and ChargeZone’s nationwide charging ecosystem, the initiative establishes a scalable model for decarbonising industrial logistics while advancing the adoption of zero-emission commercial mobility across key freight corridors.

Mitarsh Energy Private Limited has achieved a major milestone by surpassing a cumulative renewable energy portfolio of 32 GW+ across solar, Wind Balance of Plant (BOP), and Battery Energy Storage Systems (BESS) projects.

The company’s portfolio comprises 28 GWp+ of solar projects, 2 GWp+ of Wind BOP projects, and 2 GWp+ of BESS projects, reflecting its strong capabilities across the renewable energy value chain. Backed by more than 17 years of industry expertise, Mitarsh Energy has successfully served over 41 clients and deployed 2,540+ technical professionals across India, reinforcing its position as a trusted engineering and project execution partner in the country’s clean energy sector.

Over the past 17 years, Mitarsh Energy has established itself as a trusted partner for renewable energy developers, IPPs, and asset owners by delivering world-class Operation & Maintenance (O&M), technical services, performance optimization, and asset management solutions. The company continues to support some of India’s largest renewable energy assets through its highly skilled workforce and strong PAN India presence.

Speaking on this achievement, Mr. Naresh Patel, Director of Mitarsh Energy Private Limited, said, “Crossing the milestone of 32 GW+ renewable energy portfolio is a proud moment for the entire Mitarsh family. This achievement reflects the trust our clients have placed in us, the dedication of our employees, and our unwavering commitment to operational excellence, safety, and quality.

India is witnessing an unprecedented transformation in the renewable energy sector, and we are honoured to contribute to this journey. With a portfolio of 28 GWp+ Solar O&M, 2 GWp+ Wind BOP O&M, and 2 GWp+ BESS O&M, supported by 2540+ technical professionals across the country, we remain committed to delivering reliable and efficient services that maximise asset performance and create long-term value for our clients.

I would like to express my sincere gratitude to our clients, partners, employees, and stakeholders whose continued support has enabled us to achieve this milestone. We look forward to expanding our contribution to India’s clean energy future and strengthening our position as one of the country’s most trusted renewable energy service providers.”

This milestone further reinforces Mitarsh Energy’s vision of becoming India’s preferred renewable energy lifecycle partner while supporting the nation’s ambitious clean energy and sustainability goals.

KP Group, a leading Indian conglomerate with a strong presence in renewable energy, solar power, green hydrogen and sustainable development, has led a high-level Indian industry delegation to Saudi Arabia as part of a strategic initiative to deepen bilateral investment, industrial cooperation and trade ties between the two nations.

The delegation was headed by Dr. Faruk G. Patel, Chairman and Managing Director, KP Group. The visit is aimed at exploring new avenues of collaboration in investment, energy, green technology and other key economic sectors between India and Saudi Arabia.

The delegation was received in Riyadh by Dr. Suhel Khan, Ambassador of India to Saudi Arabia, who welcomed the Indian industrialists and held detailed discussions on the rapidly strengthening economic relationship and emerging trade opportunities between the two countries. According to the Indian Embassy in Riyadh, the meeting placed particular emphasis on business-to-business (B2B) partnerships, investment collaboration and giving fresh momentum to long-term economic ties, with both sides agreeing that growing private-sector cooperation would prove mutually beneficial for both economies in the years ahead.

“This visit reaffirms the depth of trust between India and Saudi Arabia and the immense promise our partnership holds for the future. As Saudi Arabia advances its Vision 2030 agenda and India accelerates its own clean energy transition, there is a natural convergence of priorities around renewable energy, green hydrogen and sustainable investment. At KP Group, we see this as a timely opportunity to build meaningful, long-term collaborations that go beyond trade, partnerships rooted in shared ambition for a greener, more resilient future for both our nations,” said Dr. Faruk G. Patel, Chairman and MD, KP Group.

A key area of focus during the visit was ESG (Environmental, Social and Governance)-based investment models, with Hilal ESG Limited working actively to promote sustainability-driven investment between India and Saudi Arabia. Green energy, clean technology and environment-friendly projects are expected to form a core pillar of India-Saudi collaboration in the coming years.

India-Saudi relations, once centred largely around oil and energy trade, have in recent years expanded into defence, investment, the digital economy, startups, fintech, food security, healthcare, tourism and infrastructure. Regular high-level dialogue and meetings of the India-Saudi Strategic Partnership Council have further accelerated this momentum, with active private-sector participation now reinforcing the partnership.

This visit could pave the way for new joint ventures, investment agreements and technology partnerships between Indian and Saudi companies, generating employment, investment and innovation in both countries. With India among the world’s fastest-growing major economies and Saudi Arabia one of West Asia’s most influential markets, deepening bilateral cooperation is expected to open new avenues for regional economic stability and global investment.

RAYZON Solar Limited (Rayzon Solar), a leading Indian solar manufacturer, and Caelux Corporation (Caelux), a global leader in perovskite solar technology, today announced a monumental five-year, 5 GW partnership to integrate Caelux’s energy-producing solar glass with RAYZON Solar’s advanced TOPCon modules. Supporting the country’s “Make in India” vision through local manufacturing, this partnership will enable next-generation perovskite-plus-silicon modules with record-breaking efficiencies of 28%.

From Technology Integration to Commercial Deployment

Caelux’s energy-producing solar glass replaces the conventional top glass in a module with a second power-generating perovskite layer, also known as a Hybrid Tandem module. This creates modules with significantly greater power density than conventional silicon-only modules, accelerating the deployment of more clean energy.

“We are dedicated to fulfilling India’s vision of establishing world-class, high-quality solar manufacturing at scale,” said Chirag Nakrani, Co-Founder & Managing Director, RAYZON Solar Limited. “By partnering with Caelux, we are furthering our technology leadership and strengthening India’s position at the forefront of next-generation solar manufacturing.”

Leveraging its 11.3 GW large-scale bifacial manufacturing platform, RAYZON Solar will overlay Caelux’s energy-producing glass on its TOPCon technology to produce the highest power density modules available. 

” As India is one of the top solar manufacturing countries in the world, it is a strategic destination for us. This partnership is a critical step in Caelux’s growth trajectory as we look to scale our technology globally,” said Scott Graybeal, CEO, Caelux Corporation. “We are honoured to partner with RAYZON Solar, an award-winning and globally-respected solar module manufacturer.”

The companies are currently collaborating on early deployments, and commercial volumes are expected to be available by 2028 and eligible for India’s government-tendered utility market.

Building India’s Domestic Clean Energy Manufacturing Ecosystem

India is experiencing dramatic growth in both solar deployment and manufacturing due to the Production Linked Incentives Schemes from India’s Ministry of New and Renewable Energy (MNRE) combined with the Approved List of Models and Manufacturers (ALMM) listing requirements.

“This partnership accelerates our capability to domestically manufacture at the efficiency frontier and at the scale India needs to meet its ambitious clean energy goals of 500 GW by 2030,” said Amit Barve, CEO, Rayzon Solar Limited.

With facilities in Kim and Kosamba, Surat, Rayzon Solar’s ALMM-listed manufacturing platform provides the scale needed to commercialize the next-generation modules.  

“Having spent my career supporting both downstream project development and solar manufacturing, I am excited about the massive impact that this partnership will have for the Indian solar market,” said Vish Iyer, Managing Director, India & West Asia, Caelux Corporation.

Gautam Solar Pvt. Ltd. has just been awarded the prestigious EcoVadis Silver Medal in the latest sustainability assessment. This achievement has reaffirmed the position of the company as one of the top solar module producers in India. With a score of 78 out of 100, the recognition places the company among the Top 15% of companies assessed by EcoVadis over the past 12 months, reinforcing its commitment to responsible and sustainable manufacturing.

As the need for renewable energy is on the rise, the company works towards establishing a manufacturing ecosystem which combines operational excellence with environmental and social responsibility. It merges sustainability with its manufacturing operations in alignment with India’s clean energy transition by ethically manufacturing high-quality solar solutions.

EcoVadis is one of the leading sustainability evaluation platforms in the world. It assesses companies based on four pillars, including Environment, Labour & Human Rights, Ethics, and Sustainable Procurement. Its ratings are widely used by global enterprises to assess the sustainability performance of suppliers and business partners. This makes the Silver Medal a significant benchmark of responsible business practices, as it demonstrates a commitment to promoting transparency across the value chain.

The award highlights the effectiveness of the company’s sustainability management systems, commitment to minimising the impact on the environment, ethical governance framework and responsible sourcing practices. By establishing sustainability at the centre of its model, the company is capable of adapting to the changes in the ESG requirements.

As for the gain, Gautam Mohanka, Managing Director, Gautam Solar Pvt. Ltd., emphasised the significance of winning the EcoVadis Silver Medal, stating, “Achieving the EcoVadis Silver Medal is an important step toward our sustainability goal. Being a solar manufacturer, we understand our responsibility above and beyond producing clean energy technologies. It is also our duty to ensure that our manufacturing process is as environmentally friendly, ethically correct, and sustainable as possible.”

Gautam Solar has been regularly making investments in modern manufacturing techniques and quality-assured systems to manufacture the most efficient solar panels. These same panels can be used in various areas like utility-scale, commercial, industrial, or even residential systems. The EcoVadis Silver Medal adds further credibility to the company’s reputation as a manufacturer focused on sustainability and meeting the increasing needs of its future global clients who are searching for reliable partners in the ESG-aligned supply chain.

The company’s focus remains on driving innovation while strengthening sustainable manufacturing practices, aligning with the evolution of the renewable energy sector. It continues to contribute to the development of a low-carbon economy, helping to make it resilient.

Trishakti Industries Ltd. has announced its entry into the wind energy equipment rental segment, marking another step in the company’s strategy to diversify its equipment rental portfolio and strengthen its presence in India’s renewable energy sector. The move comes as demand for specialised equipment continues to grow with the rapid expansion of wind power projects across the country.

The company said it will offer a range of equipment required for the installation, commissioning and maintenance of wind energy projects. By leveraging its existing expertise in heavy equipment rentals, Trishakti aims to cater to engineering, procurement and construction (EPC) contractors, renewable energy developers and infrastructure companies involved in wind power projects.

According to the company, the foray into wind energy equipment rentals aligns with its broader business strategy of expanding into high-growth sectors driven by India’s clean energy transition. The initiative is expected to complement its existing operations, which provide specialised equipment rental solutions for infrastructure, construction, railways and industrial projects.

Trishakti Industries stated that the expansion is intended to capitalise on the increasing investments in renewable energy infrastructure while broadening its customer base. The company believes the growing pipeline of wind power projects will create sustained demand for specialised rental equipment, supporting its long-term growth plans.

Thenhi village in Tamil Nadu has emerged as a model for community-led clean energy adoption under the PM Surya Ghar: Muft Bijli Yojana, with a majority of households installing rooftop solar systems and reducing their dependence on conventional grid power. The initiative has helped residents lower electricity expenses while promoting energy self-reliance.

According to the Ministry of New and Renewable Energy (MNRE), the village has witnessed widespread participation in the rooftop solar programme, with residents availing subsidies under the PM Surya Ghar scheme to install solar panels on their homes. The initiative is enabling households to generate their own electricity while contributing surplus power to the grid through the net-metering mechanism.

The government said the success of Thenhi demonstrates how decentralised renewable energy can improve household energy security, reduce electricity bills and encourage sustainable development in rural areas. The village is being showcased as an example of the impact of the PM Surya Ghar initiative in accelerating rooftop solar adoption across the country.

Launched by the Government of India, the PM Surya Ghar: Muft Bijli Yojana aims to provide rooftop solar systems to one crore households by offering central financial assistance and promoting distributed renewable energy generation. The scheme is a key component of India’s clean energy transition and its efforts to expand rooftop solar capacity nationwide.

RAYZON Solar Limited (Rayzon Solar), a leading Indian solar manufacturer, and Caelux Corporation (Caelux), a global leader in perovskite solar technology, today announced a monumental five-year, 5 GW partnership to integrate Caelux’s energy-producing solar glass with RAYZON Solar’s advanced TOPCon modules. Supporting the country’s “Make in India” vision through local manufacturing, this partnership will enable next-generation perovskite-plus-silicon modules with record-breaking efficiencies of 28%.

From Technology Integration to Commercial Deployment: Caelux’s energy-producing solar glass replaces the conventional top glass in a module with a second power-generating perovskite layer, also known as a Hybrid Tandem module. This creates modules with significantly greater power density than conventional silicon-only modules, accelerating the deployment of more clean energy.

Chirag Nakrani, Co-Founder & Managing Director, RAYZON Solar Limited, said, “We are dedicated to fulfilling India’s vision of establishing world-class, high-quality solar manufacturing at scale. By partnering with Caelux, we are furthering our technology leadership and strengthening India’s position at the forefront of next-generation solar manufacturing. Leveraging its 11.3 GW large-scale bifacial manufacturing platform, RAYZON Solar will overlay Caelux’s energy-producing glass on its TOPCon technology to produce the highest power density modules available.  As India is one of the top solar manufacturing countries in the world, it is a strategic destination for us. This partnership is a critical step in Caelux’s growth trajectory as we look to scale our technology globally,” said Scott Graybeal, CEO, Caelux Corporation. “We are honoured to partner with RAYZON Solar, an award-winning and globally-respected solar module manufacturer.”

The companies are currently collaborating on early deployments, and commercial volumes are expected to be available by 2028 and eligible for India’s government-tendered utility market.

Building India’s Domestic Clean Energy Manufacturing Ecosystem: India is experiencing dramatic growth in both solar deployment and manufacturing due to the Production Linked Incentives Schemes from India’s Ministry of New and Renewable Energy (MNRE) combined with the Approved List of Models and Manufacturers (ALMM) listing requirements.

“This partnership accelerates our capability to domestically manufacture at the efficiency frontier and at the scale India needs to meet its ambitious clean energy goals of 500 GW by 2030,” said Amit Barve, CEO, Rayzon Solar Limited.

With facilities in Kim and Kosamba, Surat, Rayzon Solar’s ALMM-listed manufacturing platform provides the scale needed to commercialize the next-generation modules.  

“Having spent my career supporting both downstream project development and solar manufacturing, I am excited about the massive impact that this partnership will have for the Indian solar market,” said Vish Iyer, Managing Director, India & West Asia, Caelux Corporation.