Author: Anirudh Sharma

BMW Brilliance and CATL Signed Strategic Cooperation Agreement

BMW Brilliance claimed to consolidate its new energy ecosystem of ‘In China, For China’ which covers the entire life cycle of new energy vehicles from battery cell production to battery cell recycling. Luxury and sports automaker BMW’s energy efficient arm BMW Brilliance and battery maker Contemporary Amperex Technology (CATL) has signed a strategic cooperation agreement […]

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With High Debts of Rs 370 Cr, Su-Kam to Face Auctions

In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). In November 2017, SBI, owing to the high debts, had referred Su-Kam to the National Company Law Tribunal (NCLT) for bankruptcy proceedings. In April 2018, the tribunal admitted Su-Kam to be a Non-Productive Asset (NPA). Now up for bidding, Su-Kam has a […]

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Energy Storage Market in China to Post CAGR of 40% during 2018-22: Technavio

The growth momentum of the market is expected to decelerate due to a decline in the year-over-year growth. Market research Company, Technavio mentions in a report that energy storage market in China is expected to post Compound Annual Growth Rate (CAGR) of around 40 percent in the period 2018-2022. However, the growth momentum of the […]

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Village of New Maryland Installs Clear Blue Technologies’ Solar Powered Streetlights

The initiative by the village of New Maryland falls under the green energy project ‘A Canada 150 Project’ followed by Clear Blue Technologies. Toronto based off-grid solar company, Clear Blue Technologies has confirmed the installation of its 13 illumient solar-powered street lights in the village of New Maryland of New Brunswick. Clear Blue Technologies lights […]

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Standard Solar Completes Construction of 9.8 MW Solar Project in Gallup

Standard Solar project is expected to save Gallup exchequer around USD 0.7 million in the first 8 years of operation. Rockville based solar energy company, Standard Solar has completed the 9.8 MW solar farm project in Gallup of New Mexico. Significantly, the 31 acres Standard Solar’s project is expected to save Gallup exchequer around USD […]

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Haryana CM Starts off EVs and Exicom Chargers; Assigns them to GMDA

Gurugram Metropolitan Development Authority (GMDA) has been assigned the governance of the launched EV segment and the Exicom chargers hereby. Haryana CM, Manohar Lal Khattar inaugurated the Electric Vehicles (EV) and Exicom Tele-Systems Limited AC and DC Fast Chargers in order to encourage the use of green energy driven vehicles and convenient charging points in […]

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Government Adopts ‘Integrate to Innovate’ Agenda for Energy Startups

The programme will offer energy startups an opportunity to bring their ideas to life with the guidance and support from corporates. As per Ministry of Commerce and Industry, India’s investment promotion agency, Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian energy startups through the Integrate to […]

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EDF Renewables and PGGM Enter Sale and Purchase Agreements

EDF Renewables will remain a 50 percent co-owner and provide management as well as operations and maintenance services. EDF Renewables has signed two sale and purchase agreements which will authorize PGGM Infrastructure Fund to acquire a 50 percent ownership interest in the following projects: Glacier’s Edge Wind and Valentine Solar. The transaction for the acquisition […]

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Utah’s Vivint Solar to Bring Low-Cost Solar Panels to Illinois

Marking the company’s first expansion into the Midwest region, Vivint Solar plans to create over 100 jobs in the state within the year. Utah based residential solar solutions provider, Vivint Solar plans to expand availability of its affordable residential solar energy systems into Illinois, with services beginning in the greater Chicago area. Marking the company’s […]

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