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Ola Electric Mulls Introduction of Service Subscription Plans

Ola Electric has announced that the company may launch service a subscription service in the coming week. Ola Electric Chief Executive Officer, Bhavish Aggarwal, made the announcement about the service subscription plans of the company on Twitter. Without offering much information about the plan, Aggarwal asked on the social media platform what kind of benefits […]

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L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain

The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […]

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NTPC, HPCL Sign Deal To Develop Renewable Energy Together

NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Ltd (HPCL) in New Delhi for development of renewable energy based power projects to tap business opportunities in renewable energy and supply of 400 MW round the clock renewable power for requirements of HPCL. The official statement of the […]

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Delhi Solar Policy 2022- A Model For All MegaCities?

The draft Delhi State Solar Policy is finally out for public comments, with a deadline of February 3 for responses. At the outset, the policy sets some ambitious goals for itself.  A total of 6000 MW of installed solar capacity which shall include 750 MW of rooftop solar within the State and 5250 MW of […]

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IEX December Power Trading Update

India’s premier energy exchange, The Indian Energy Exchange, has achieved 8452 MU total volume in December 2022, including Green Power trade of 377 MU, and 4.87 lac RECs (equivalent to 487 MU). The total electricity volume on the Exchange in December ’22 was 7964 MU, an increase of 8% on MoM and 4% on YoY […]

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H2Carrier, Anori to Develop ‘Wind Energy to Green Ammonia’ Project in Greenland

A letter of Intent has been signed between Norway-based floating energy production and storage maker H2Carrier and Greenland-based Anori for the construction of the first commercial wind farm in Greenland and the use of green energy subsequently for the production of green ammonia. The end product will also be exported to international markets, as per […]

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SECI Issues RFS for Vendors for Off-Grid Solar Pumping Systems with 1-10 HP

Solar Energy Corporation of India (SECI), a Central Public Sector Undertaking dedicated to the solar energy sector, has issued an RFS for selection of vendors under Component-B of PM-KUSUM Scheme of MNRE. This particular component looks at “installation of 20 lakh standalone solar powered agriculture pumps” and “CFA of 30% of the benchmark cost or […]

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Modi Cabinet Approves Rs 19744 cr For Green Hydrogen Initiatives

The government’s Green Hydrogen Mission for India got a shot in the arm with the formal approval of Rs 17,490 crore for the same by the Union cabinet today.  The allocation is expected to be used for a special PLI (Performance Linked Incentive) scheme for manufacturing a base for electrolysers and other related equipment for […]

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Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules

Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […]

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