Joint Venture

India’s Steel Strip Wheels & Israel’s Redler Technologies Launch EV Joint Venture

Chandigarh’s automotive components manufacturer, Steel Strip Wheels Ltd announced a joint venture with Redler Technologies of Israel for the research, production, and Indian market sales of motion controllers for electric vehicles. These two enterprises have collaborated on EV controllers for two-, three-, and four-wheelers and have signed a memorandum of understanding to that effect, according […]

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OYA Renewables, Oil Well Shares Form JV to Develop 3 GW Renewables

North American energy transition solutions platform, OYA Renewables and Appalachian-based energy major Oil Well Shares have announced the formation of Chrysalis Energy, a joint venture by the two for the development and construction of community and utility-scale solar, wind and energy storage infrastructure projects across the PJM region. PJM is part of the Eastern Interconnection […]

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EESL Issues Tender for 24 MW Solar Module for Maharashtra

A Joint Venture of NTPC Limited, Power Finance  Corporation, REC and POWERGRID- Energy Efficiency Services Limited (EESL)- has floated a tender for 24 MW solar modules supply for Maharashtra. According to the tender document, all solar modules should be poly-crystalline & the capacity of all modules should be 330 WP or above. The modules are […]

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Assam To Invest Rs 10,000cr For 2000 MW Solar Power

The Assam government has decided to produce 2,000 MW of solar power with an investment of Rs 10,000 crore. Chief Minister Himanta Biswa Sarma has said that the capacity will be added in the next three years. Assam wants to add 2000MW solar through two projects. The state will form a joint venture with centre-owned NLC India. It […]

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Okinawa Autotech to make JV with Italian e-two wheeler maker Tacita

Okinawa Autotech, a leading Indian electric two-wheeler manufacturing company and Tacita, an Italian manufacturer of electric motorcycles have signed an agreement to form a joint venture for the production of electric two wheelers. The JV will be based in India and will begin production from 2023. The official statement by Okinawa and Tacita says that […]

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Ford and SK Innovation Form JV for EV Batteries in USA

Auto major, Ford Motor Company, and South Korean group SK Group’s SK Innovations have announced signing a memorandum of unity (MoU) to form a joint venture for producing electric vehicle (EV)battery cells and array modules, in the USA.  The EV battery joint venture would be entitled BlueOvalSK (Ford’s Blue Oval emblem and SK in SK Innovation’s name), […]

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Activate Renewables Launches with a $500 Million Capital Commitment to Acquire Renewable Energy Real Estate

Accelerate Real Asset Management announced today it has launched a new joint venture to invest in renewable energy infrastructure. Activate Renewables will acquire real estate and royalty interests associated with utility-scale solar, wind and energy storage facilities located across the United States. Activate will focus on the acquisition of real property interests directly from landowners […]

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The Future In Focus As Trina Solar, Tongwei In JV For Ingots, Wafers, 210 Series

The battle for the next stage of solar growth continues to intensify, with the announcement of a Joint venture between two more Chinese majors, Trina Solar and Tongwei. Both are large, established players, with Tongwei a particularly key supplier of cells to the industry in China. The new JV hopes to fill in to critical […]

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