Promonique
Promonique

The instrument transformer demand to double with modern grid infrastructure

The increasing demand for revamping conventional grid infrastructure and ongoing transmission and distribution grid network expansion is also expected to propel the demand for instrument transformers in India. The Indian…

Duty passthrough to lift tariffs by 50-70p/unit for up to 6 GW of solar…

The Ministry of New and Renewable Energy’s decision to treat the basic customs duty (BCD) on solar cells and modules as a “change in law” and allow for its passthrough…

Emerging energy sources to generate demand for cooling towers 

As nuclear energy is among the most emerging future source of energy, it presents ample opportunities for cooling towers market. Power generation is one of the significant consumers of cooling…

COVID-19 to accelerate investment in industrial autonomy

Yokogawa Electric Corporation revealed the results of a global end-user survey on the outlook for industrial autonomy, which shows that 64 percent of respondents from companies in process industries are…

SenseHawk raises $5.1 Mn for its solar power plant software platform

SenseHawk, a SaaS company that helps customers develop, build and operate solar and other infrastructure sites through superior insights, announced that it has raised $5.1 million in Series A1 funding.…

The background – BASEC’s position on CE/UKCA marking

On 1st September, Ministry of Housing, Communities and Local Government (MHCLG) in the UK communicated the latest position regarding withdrawal from the European Union (EU) and the future position regarding…

Renewable capacity addition likely at 8 GW this fiscal: ICRA

The capacity addition in the renewable energy (RE) sector is expected to remain subdued at about 8.0 GW in FY2021 given the continued execution challenges amid COVID-19, because of disruption…

Discom debt to hit all-time high: CRISIL

Liquidity package offers a breather, but structural reforms have become critical to sustainability The Centre’s recent Rs 90,000 crore liquidity line will help state power distribution companies (discoms) settle a…

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