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Airtel acquires 9% stake in Avaada Clean for Rs 7.8 crore

Bharti Airtel has acquired around a 9 per cent stake in renewable energy firm Avaada Clean TN Project, a special purpose vehicle formed for the purpose of owning and operating captive power plants, for about Rs 7.88 crore in an all-cash deal, according to a regulatory filing. Shares of Bharti Airtel advanced 2 percent in […]

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Risen Energy to supply 650 MW modules to Sinopec’s H2 project in Xinjiang

Chinese solar module manufacturer Risen Energy Co., Ltd. has announced that it has won the bid to supply TITAN 650W PV modules to Sinopec’s green hydrogen demonstration project in Kuqa County, Xinjiang, China. The 361 MW project, once completed, is expected to be the world’s largest PV-based hydrogen production facility and is regarded as a […]

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Electrical Engineer Network India

Responsibilities:- General:- Supervise the scope of work and follow material flow at site. Guide electrical subcontractor(s) at site. Ensure that planned works are executed according to the Last Planner System. Proactively identify constraints for planned electrical works and analyze root causes. Ensure that electrical installation schedule, design and instructions are followed. Maintain good customer relations […]

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Venture capital rolls in for EV battery startups

A key development in the global EV industry’s advancement last year was a striking rise in venture capital for EV battery startups, which indicates an upward graph for the trend in 2022 both within and beyond India. Globally speaking, 2021 saw EV battery startups raising over $3.6 billion through funding rounds led by big names […]

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Chief Project Engineer, Mechanical

Wärtsilä Energy Business is looking for a Chief Project Engineer, Mechanical to manage mechanical discipline in Energy customer delivery projects starting the supporting the sales activities on own area of project until warranty end.  Chief Project Engineer is responsible for the whole mechanical discipline or a defined part of the scope in project execution towards the Project […]

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Resurgent Power Ventures Pte Ltd Gets UP Power firm through IBC process

Tata Power backed Resurgent Power Ventures has been selected for takeover of the South East UP Power Transmission Company Limited (SEUPTCL) by the resolution professional handling the case of the bankrupt transmission firm.  A Letter of Intent (LOI) selecting Resurgent Power Ventures Pte Ltd (Resurgent) has been issued under the  Insolvency and Banking Code (IBC)proceedings, […]

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Macquarie Acquires France based Reden Solar for $2.7 Billion

In a major development in the RE sector, France’s independent power producer (IPP) Reden Solar has been acquired by a consortium led by Macquarie Asset Management for an enterprise value of $2.7 billion. Reden Solar is one of the leading developers, builder and operator of solar photovoltaic (PV) power plants from France. At present the […]

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Vestas Will Discontinue Four Wind Energy Projects in Russia

Danish wind energy major Vestas will reportedly stop four wind farm projects that are being developed currently in Russia. This is an outcome of the Russian invasion of Ukraine, which had drawn sanctions especially from the US and Europe. The development of the four key wind energy projects commenced by Vestas in September, 2021. These […]

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Demystifying the terms and jargon around EV Batteries

The ever-increasing craze of the adoption of electric vehicles (EVs) has led to the growth of the EV battery market as well. While the EV technology provides the latest sustainable mobility solution for customers, unlike conventional fossil fuel-run vehicles, it is unknown to many customers what specifications one needs to look at in an EV, […]

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