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Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary

Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […]

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To Meet AgriPV Capacity Of 20 GW In India By 2040, 1.1 Lakh Jobs To Be Created-Report

India’s potential for Agri-Photovoltaic (APV) varies significantly across districts, ranging from 3,156 GW to 13,803 GW for various APV technologies according to recent report. In a report by the Fraunhofer Institute for Solar Energy Systems, EY, and CSTEP they projected APV capacity from 2024 to 2040, to achieve a cumulative addition of 20 GW and […]

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Hyundai-Kia Signs MoU With Exide Energy For India EV Batteries

South Korea-based auto companies Hyundai Motor Company (HMC) and Kia Corporation have announced a partnership with India’s Exide Energy Solutions Ltd to make electric vehicle batteries in the country. The companies have signed a Memorandum of Understanding (MoU) regarding manufacturing the EV batteries in India, reported news agency Reuters. According to the report, the South […]

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NTPC Targets 3 GW Renewable Capacity in Fy25, 2 GW Thermal Capacity

NTPC Ltd. India’s largest integrated power utility, has set a target to add 5GW of installed capacity in Fy25. The move comes even as NTPC has dusted off plans to start adding thermal capacity as well, after declaring it would stop adding the same from 2025, back in 2021. The changes have been driven by […]

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Condor-Like Winglet Increases Wind Turbine Efficiency By 10%, Shows Study

A recent report published in the journal Energy has shown that a novel winglet, inspired by the condor’s wings can boost a turbine’s energy output by an average of 10%. This was done by the University of Alberta. Engineers at the Department of Mechanical Engineering at the University of Alberta looked to the Andean condor […]

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45 Firms Now Manufacture Smart Electricity Meters For India, Reveals CEA

The Central Electricity Authority (CEA) has now issued a list of smart meter and net meter providers in the country. CEA is a constituent body of the Ministry of Power. The CEA list indicated that a total of 45 companies provide smart electricity meters for India. On the other hand a total of 12 companies […]

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Atlas Renewable Energy, Hydro Rein Commissions 438 MW Solar Project In Brazil

Renewable Energy firm, Atlas Renewable Energy and Norwegian-based Hydro Rein have announced the commissioning of a 438 MW solar PV project in Brazil. The project is located in the south-eastern Brazilian state of Minas Gerais, the Boa Sorte PV, and consists of several projects that will provide power to aluminum smelter Albras, a joint venture […]

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Another Strong Day For Green Energy Stocks As Uptrend Continues

April 5, 2024. Even as Waaree Renewable seemed to pause its march to new highs in the morning before resuming in the second half, JSW Energy and SJVN also enjoyed a good day with 2% plus gains. All eyes in the market will now probably shift to the first of the quarterly results expected in […]

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