SUBSCRIBE NEWS LETTER

ET Energy

Magenta’s EVET Finds a Receptive Audience In Food Industry

EVET – the integrated electric mobility, charging and technology vertical of Magenta, has entered into a strategic partnerships with prominent companies in the food industry – Elior India, SPRINK Kinematic FoodTech, Kadambass hospitality, and Foodieverse, to use EVET electric fleet for food delivery. The collaboration also marks EVET’s debut into mid-mile deliveries, furthering the electrification of mobility […]

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Developing Economies Such As India Can Have Climate Resilient Energy Independence

Developing economies such as India have an enormous opportunity to build energy independence and grow in a climate resilient manner, in the process creating a thriving corporate sector that best leverages these increasingly prominent global financial capital market priorities, and funding capacities, a new report released on Tuesday said. As one of the fastest growing […]

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AGEL gets shareholders’ approval for Rs 3,850 cr invt by Abu-Dhabi firm

Adani Green Energy Ltd (AGEL) has received the approval of shareholders for the issuance of over two crore shares worth around Rs 3,850 crore on a preferential basis to Green Energy Investment Holding RSC Ltd. The current principal shareholder of Green Energy Investment Holding RSC Ltd is Abu Dhabi-based IHC Capital Holding LLC. At the […]

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Vedanta Aluminium will source 380 MW green power to achieve Net Zero by 2050

Vedanta Aluminium, one of India’s largest producers of aluminium, has confirmed plans to source 380 MW of green power on a long-term basis for its smelters. Charting its roadmap to Net Zero by 2050, the green power is going to reduce the company’s greenhouse gas emissions by 15,00,000 tonnes CO2 equivalent every year. Released by […]

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NTPC invites proposals to produce torrefied biomass pellets from Startups

NTPC has invited proposals to provide a unique platform for the Indian startups that could help develop a biomass ecosystem in the country. The platform will be put in a shape by NETRA, the R&D wing of NTPC, for production of the torrefied biomass pellets that are well-suited for decentralized small-scale users. The last date […]

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With Energy Supplies On Edge, Delhi’s Poor Solar Record Comes Back To Bite It

Even as an unprecedented heatwave across most of India, especially North India sends temperatures soaring,  Delhi, one of the most polluted cities in the world, has barely achieved its clean energy goals and increased its dependence on non-renewable sources of energy. This, despite some of the most ambitious plans to green up. The capital has […]

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Indonesian Anantara Joins the List of Singapore’s Renewable Energy Suppliers

Indonesia based Anantara Energy Holdings Pte Ltd, a new JV between local solar power producer Quantum Power Asia and German renewable energy firm ib vogt GmbH, plans to export electricity to Singapore. The JV will see an investment to the tune of USD 5 billion (EUR 4.64bn) in the project, building a solar park of […]

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Shell Signs Agreement To Acquire Sprng Energy Group For $1.55 Billion

Shell Overseas Investment B.V., a wholly owned subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion and with it, the Sprng Energy group of companies. Sprng Energy supplies solar and wind power to electricity distribution companies in India. Its […]

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Danish Wind Energy Component Maker Polytech Opens India Manufacturing Facility

Polytech is establishing a facility in Bangalore, India. The facility will open in early Q4 2022. India is the third fastest growing wind market in the world with approximately 60 GW new capacity to be installed by 2030 (projected by Wood Mackenzie, 2021). This projection fits in well with the Indian Government’s recent announcement on […]

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