Torrent Power

India Solar Energy Industry Report 2023-2028 Featuring Adani Power, The Tata Power Cod, ReNew Energy Global, and Torrent Power

Retrieved on: 
Friday, December 1, 2023

DUBLIN, Dec. 1, 2023 /PRNewswire/ -- The "Solar Energy Market in India 2023 - 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 1, 2023 /PRNewswire/ -- The "Solar Energy Market in India 2023 - 2028" report has been added to ResearchAndMarkets.com's offering.
  • One of the most often used renewable energy sources in India is solar energy.
  • Adani Power Limited, The Tata Power Company Limited, ReNew Energy Global Plc, and Torrent Power Limited are a few of the leading producers.
  • The solar energy market can be segmented based on grid connected solar applications and off-grid solar applications.

Arctech Bags 2 New Contracts in Indian Market to Supply Total 662 MW 1P Tracking Solution

Retrieved on: 
Thursday, June 8, 2023

The 242 MW project with Sterling & Wilson is located in Rajasthan, where the company struck a deal and successfully finished the shipment of the 1.7 GW of 1P SkyLine trackers by 2021.

Key Points: 
  • The 242 MW project with Sterling & Wilson is located in Rajasthan, where the company struck a deal and successfully finished the shipment of the 1.7 GW of 1P SkyLine trackers by 2021.
  • By the end of 2022, Rajasthan already has historically over 19GW of renewable energy capacity as India's largest state.
  • This deal marks the third project Arctech and Sterling & Wilson have worked on together after the accumulated capacity of 191 MW historical portfolio in the MENA area.
  • Gail remarked, " Arctech will continue to operate, develop and deeply cultivate local supply chain in the Indian market, optimizing efficiency and reducing the cost of solar projects to proactively respond to the Indian Government's Mission 500GW by 2030."

Arctech Bags 2 New Contracts in Indian Market to Supply Total 662 MW 1P Tracking Solution

Retrieved on: 
Thursday, June 8, 2023

The 242 MW project with Sterling & Wilson is located in Rajasthan, where the company struck a deal and successfully finished the shipment of the 1.7 GW of 1P SkyLine trackers by 2021.

Key Points: 
  • The 242 MW project with Sterling & Wilson is located in Rajasthan, where the company struck a deal and successfully finished the shipment of the 1.7 GW of 1P SkyLine trackers by 2021.
  • By the end of 2022, Rajasthan already has historically over 19GW of renewable energy capacity as India's largest state.
  • This deal marks the third project Arctech and Sterling & Wilson have worked on together after the accumulated capacity of 191 MW historical portfolio in the MENA area.
  • The company's dedication to local content and service is on par with the local market uptake as it is inevitably the next move for the Indian renewable energy supply chain.

Blue Horizon BNE ETF (NYSE: BNE) Celebrates Two-Year Milestone – focused on leaders and innovators within the New Energy Economy

Retrieved on: 
Thursday, January 19, 2023

NEW YORK, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Blue Horizon Capital, an index and research company focused on helping investors capture the unique opportunities in the fast-growing New Energy Economy, celebrates the two-year anniversary of the Blue Horizon BNE ETF (NYSE: BNE). Exchange Traded Concepts is the advisor of this fund, which trades on the New York Stock Exchange tracking an index developed by the Blue Horizon Capital team. (The Blue Horizon New Energy Economy 100 Index).

Key Points: 
  • NEW YORK, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Blue Horizon Capital , an index and research company focused on helping investors capture the unique opportunities in the fast-growing New Energy Economy, celebrates the two-year anniversary of the Blue Horizon BNE ETF (NYSE: BNE) .
  • (The Blue Horizon New Energy Economy 100 Index).
  • “Blue Horizon believes in a diversified and balanced approach to investing while giving investors exposure to growth themes.
  • BNE ETF is a product that can efficiently deliver the New Energy and growth equity portion to an investor’s overall energy allocation,” said Tony Fusco, President of Blue Horizon Capital.

Turtle & Hughes Names Michael Vitiello Vice President and National Sales Manager for Electrical Distribution Division

Retrieved on: 
Wednesday, January 18, 2023

LINDEN, N.J., Jan. 18, 2023 /PRNewswire-PRWeb/ -- Michael Vitiello, a 13-year veteran of Eaton Corp. has joined Turtle & Hughes as Vice President, National Sales Manager of its Electrical Distribution division. In his new role, he is responsible for the entirety of the company's Distribution Sales Leaders across the country. Vitiello will work to advance Turtle's technical solutions with national partners and its commitment to ESG leadership.

Key Points: 
  • LINDEN, N.J., Jan. 18, 2023 /PRNewswire-PRWeb/ -- Michael Vitiello, a 13-year veteran of Eaton Corp. has joined Turtle & Hughes as Vice President, National Sales Manager of its Electrical Distribution division.
  • In his new role, he is responsible for the entirety of the company's Distribution Sales Leaders across the country.
  • Vitiello will work to advance Turtle's technical solutions with national partners and its commitment to ESG leadership.
  • His earlier technical positions at Eaton included Hartford (CT) CMSC Engineering Manager, NYC Construction Lead Sales Engineer, NYC Residential/Light Commercial Sales Engineer, and LDP Technical Sales.

InnerScope Hearing Technologies (OTC: INND) Partners With NUHEARA For Licensing FDA-Cleared Self-Fitting OTC Hearing Aid Technology

Retrieved on: 
Tuesday, December 20, 2022

The partnership gives InnerScope licensing rights, clinical know-how, and support to its patents and NUHEARA's FDA-Cleared OTC Self-Fitting Hearing Aid Technology to be integrated into InnerScope's OTC Hearing Aids.

Key Points: 
  • The partnership gives InnerScope licensing rights, clinical know-how, and support to its patents and NUHEARA's FDA-Cleared OTC Self-Fitting Hearing Aid Technology to be integrated into InnerScope's OTC Hearing Aids.
  • NUHEARA has a license agreement with HP Inc., to manufacture and market OTC hearing aid products under the HP brand, the HP Hearing PRO powered by Nuheara  ( Nuheara Enters Worldwide Trademark License Agreement with HP Inc. ).
  • In addition, the partnership gives InnerScope the ability to integrate NUHEARA's FDA-Cleared OTC Self-Fitting Hearing Aid Patent Technology ("FDA-Cleared Self-Fitting Technology") into InnerScope's HearingAssist , and iHEAR OTC Hearing Aid branded products ("InnerScope's Brands of OTC Hearing Aid Products").
  • Integrating the FDA-Cleared Self-Fitting Technology into InnerScope's Brands of OTC Hearing Aid Products will provide InnerScope the ability to offer and market InnerScope OTC Hearing Aids as FDA-Cleared Self-Fitting Hearing Aids.

AVANGRID Statement on Progress of Clean Energy Investments in Massachusetts

Retrieved on: 
Monday, January 9, 2023

Key Points: 
  • AVANGRID (NYSE: AGR), a leading sustainable energy company and part of the Iberdrola Group, today released the following statement regarding its clean energy investments in Massachusetts and the path forward for the Commonwealth Wind project.
  • “We are proud that our joint venture, the nation-leading Vineyard Wind 1 project, will bring 800 Megawatts (MW) of offshore wind to and create 3,600 jobs for Massachusetts.
  • As building Commonwealth Wind remains our objective, AVANGRID has been disappointed in the Electric Distribution Companies’ refusal to immediately engage on this matter.
  • With this step, a competitive process that accounts for the unprecedented changes will ensure that a clean energy project can be built to serve the Commonwealth’s energy needs.

More Electric Aircraft Global Market Report 2022: Advancement of High-Density Battery Solutions Drives Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 7, 2022

Advancements in high-density battery solutions and the need to optimize aircraft performance are other factors fueling the market's growth.

Key Points: 
  • Advancements in high-density battery solutions and the need to optimize aircraft performance are other factors fueling the market's growth.
  • The growth of the more electric aircraft market globally can be attributed to the increased focus on reducing operational costs, emissions, and aircraft noise.
  • Based on aircraft type, the more electric aircraft market is segmented into fixed-wing and rotary-wing.
  • Growing electric aircraft development programs, airline consolidation, and air traffic growth are expected to drive market growth in this region during the forecast period.

InnerScope Hearing Technologies (OTC: INND) Announces Consecutive Profitable Quarters with Q3 2022 Financial Results

Retrieved on: 
Wednesday, November 16, 2022

ROSEVILLE, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) -- InnerScope Hearing Technologies Inc. (OTC: INND) ("InnerScope"), an emerging and disruptive leader in the Over-the-Counter (OTC) hearing aid space announced today its financial results (unaudited) for third-quarter ended September 30, 2022, ("Q3 2022”). InnerScope recorded its consecutive profitable quarter with consolidated net revenues of $6,564,682, a net profit of $3,664,342, and a positive EBITA (Earning Before Taxes) of 55.8% for Q3 2022 compared to a net profit of $3,881,620, and a positive EBITA of  56%  for second-quarter ended June 30, 2022. Total consolidated net revenues were $13,879,744 for nine months ended September 30, 2022 (“Q2 2022”).

Key Points: 
  • $3,664,342 Net Profit for Three Months Ended September 30, 2022
    ROSEVILLE, Calif., Nov. 16, 2022 (GLOBE NEWSWIRE) -- InnerScope Hearing Technologies Inc. (OTC: INND) ("InnerScope"), an emerging and disruptive leader in the Over-the-Counter (OTC) hearing aid space announced today its financial results (unaudited) for third-quarter ended September 30, 2022, ("Q3 2022).
  • "Recording two consecutive profitable quarters in Q2 2022 and Q3 2022 before the Over-the-Counter Hearing Law was enacted on October 17, 2022, shows we are building a scalable and profitable business," said Matthew Moore, CEO of InnerScope Hearing Technologies.
  • InnerScope Hearing Technologies Inc. is a manufacturer and distributor of OTC Hearing Aids, Hearing Aid Accessories & Hearing Health-Related Products ("Hearing Products") dedicated to addressing the global demand for affordable hearing solutions.
  • For information related to InnerScope Hearing Technologies' latest hearing aids and related hearing products, please visit:

Aircraft Battery Market Worth $723 million by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, November 17, 2022

CHICAGO, Nov. 17, 2022 /PRNewswire/ -- Aircraft Battery Market size is estimated to be USD 381 Million in 2022 and is projected to reach USD 723 Million by 2027, at a CAGR of 13.7%according to a new report by MarketsandMarkets.

Key Points: 
  • CHICAGO, Nov. 17, 2022 /PRNewswire/ -- Aircraft Battery Market size is estimated to be USD 381 Million in 2022 and is projected to reach USD 723 Million by 2027, at a CAGR of 13.7%according to a new report by MarketsandMarkets.
  • The need for advanced battery technologies to meet the demanding requirements of customers and future platforms is driving the demand for the market.
  • Based on aircraft type, the AAM segment of the aircraft battery market is accounted for the highest growth during the forecast period.
  • These platforms require a network of advanced battery solutions as most AAM platforms are predominantly fully electric and require to handle heavy electric loads.