JV

CleanMax, Apple Partner To Accelerate Renewable Adoption In India

Renewable energy company–CleanMax (Clean Max Enviro Energy Solutions) today announced a joint venture with Apple. As part of the partnership, Clean Max has successfully installed 14.4 MW of rooftop solar installations across six industrial sites in India. These installations are expected to mitigate around 207,000 tons of carbon dioxide (CO2) emissions throughout their operational life. By […]

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Sterlite, GIC Enter JV To Create Power Transmission Platform In India

Sterlite Power and Singapore based GIC announced a joint venture to create a power transmission platform in India. Sterlite Power, a private power transmission developer, and an affiliate of GIC entered into a definitive agreement signing. Their agreement was undertaken to set up a new platform to develop and operate power transmission projects in India. […]

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Hidroelectrica & Masdar Form JV for Green Projects in Romania

Romanian energy firm Hidroelectrica and UAE renewable energy firm Masdar have signed a joint venture agreement to build wind farms offshore and floating solar parks in Romania. Speaking on the occasion, Bogdan Badea, the President of Hidroelectrica, said, “The initialing by Hidroelectrica and Masdar is one of the most important joint venture agreements intended for […]

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Infinity Power Adds 1 GW to Portfolio with Acquisition of African Wind Projects

A joint venture between Egypt’s Infinity and UAE’s Masdar, Infinity Power has shared that it has acquired the complete shareholding of Lekela Power. With this acquisition, the firm has added 1 GW of African wind projects to its portfolio. The acquisition also makes Infinity Power the largest renewable energy firm in Africa. Lekela Power’s assets […]

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SJVN & Indian Oil to Form JV for Renewable Energy Projects

CPSU SJVN and Indian Oil Corporation have inked an agreement to form a joint venture for renewable energy projects. This was revealed by SJVN Chairman & Managing Director Nand Lal Sharma while adding that both SJVN and IOCL will employ their core strength for project development. The new firm will look into the development of […]

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FTC Solar & Taihua New Energy Form JV to Produce Steel Components for Solar Projects

FTC Solar, a US-based solar tracker manufacturer, has formed a domestic joint venture with Thailand-headquartered steel fabricator Taihua New Energy to produce steel components for solar projects. The joint venture named Alpha Steel,  will focus on manufacturing steel components, including torque tubes, for utility-scale solar projects in Sealy, Texas. Alpha Steel is expected to begin […]

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France’s TotalEnergies Partners with Brazil’s Casa dos Ventos

Leading energy firm based in France, TotalEnergies (TTE) has joined hands with Casa dos Ventos (CDV)- Brazil’s renewable energy developer. The two will unite towards the creation of a 34% (TTE), 66% (CDV) JV for the development and operation of the renewable portfolio of Casa Dos Ventos. The renewable energy portfolio entails 700 MW of […]

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NTPC Increases Solar Output, Installs 69.5 GW Capacity

With the commissioning of the 56 MW Kawas Solar PV Project at NTPC Kawas, Gujarat, on August 15, 2022, NTPC Limited reached 69454 MW (69.5 GW Capacity) of group installed and commercial capacity. By installing renewable energy projects in its current stations as well as constructing new green field RE projects, NTPC is constantly reducing […]

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Indian Oil, NTPC Form JV For 650 MW RE

India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […]

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