In Short : The Uttar Pradesh government has signed memoranda of understanding worth over ₹37,000 crore at Davos to strengthen clean energy development and manufacturing capacity in the state. The agreements aim to attract large-scale investments, promote sustainable industrial growth, create employment, and position Uttar Pradesh as a key hub for renewable energy and advanced […]
Neogen and Morita Establish Joint Venture to Accelerate Lithium-Ion Battery Manufacturing Growth – EQ
In Short : Neogen and Morita have formed a joint venture to expand their presence in the lithium-ion battery ecosystem. The partnership aims to combine Neogen’s manufacturing expertise with Morita’s advanced battery technologies to support rising demand for energy storage solutions. The JV will focus on production, innovation, and supply chain strengthening to serve electric […]
ReNew Energy Posts Record Profit Surge on Strong Power Sales and Manufacturing Growth – EQ
In Short : ReNew Energy Global reported a 415% jump in Q4 FY25 net profit to ₹313.7 crore, up from ₹60.9 crore last year, driven by strong power sales and its growing module and cell manufacturing business. Total quarterly income rose 39% to ₹3,439 crore, including ₹991 crore from manufacturing. The company’s annual net profit […]