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EV ecosystem

KKR buying RE firm ContourGlobal for £1.75 billion

Leading investment firm Kohlberg Kravis Roberts & Co (KKR) has announced that it is buying ContourGlobal, a renewable energy company. The deal is for £1.75 billion. According to KKR, the company is offering shareholders of ContourGlobal 263.6p for every share. This offer price represents a 36 per cent premium to the last closing price of […]

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IREDA Keen To Promote Renewable Energy Projects In Odisha

Pradip Kumar Das, Chairman & Managing Director (CMD), Indian Renewable Energy Development Agency Ltd. (IREDA) met Suresh Chandra Mahapatra, Chief Secretary, Govt of Odisha, in Bhubaneshwar on May 13 over the prospects of Renewable Energy in the state. “IREDA is keen to promote more RE projects in Odisha, realizing the immense green energy potential in […]

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Jakson Group Adds O&M Wins worth 255 MW From NTPC To Kitty

Following on from the award of O&M for NTPC’s 260 MW solar plant at Bhadla in Rajasthan, the Jakson Group has won bids for comprehensive Operation and Maintenance (O&M) for a 250 MWp Solar PV Project in Ananthapuram, Andhra Pradesh and a 5 MWp Solar PV Plant in Andaman & Nicobar Islands. NTPC invited these […]

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Indian Gas Exchange Receives PNGRB Permission To Commence Domestic Gas Trading

The Indian Gas Exchange (IGX), India’s first authorised Gas Exchange, has received approval from Petroleum and Natural Gas Regulatory Board (PNGRB) to trade domestic gas on its platform. IGX will launch the domestic gas trading starting 16th May 2022. This approval is in line with MoPNG’s notification dated 19 August’21 where domestic gas producers were […]

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US University Confers Inaugural Award On ReNew Power CEO

Columbia University’s School of International and Public Affairs (SIPA) conferred  the inaugural “Distinguished Alumni Award” on Sumant Sinha, the founder, chairman and CEO of ReNew Power. A press release issued by SIPA on May 9 reads, “Sinha, the founder, chairman, and CEO of ReNew Power, received the first Distinguished Alumni award. The awards, Alumni Association chair […]

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Huawei Unveils Smart PV And Energy Storage Solutions At Intersolar Europe 2022

Huawei unveiled its all-new smart photovoltaic (PV) and energy storage solutions at Intersolar Europe 2022 on May 11, renewing its commitment to a low-carbon smart society with clean energy. Among the innovative and sustainable solutions showcased were utility-scale PV plants, energy storage systems, commercial and industrial applications, residential uses, and smart micro-grids, according to a […]

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Hero Electric, ReadyAssist to provide service support to B2B customers

Electric two-wheeler maker Hero Electric on Tuesday said it has partnered with roadside assistance firm ReadyAssist to provide service support and annual maintenance to its B2B customers. The initiative will improve business for B2B customers by increasing the uptime of customer e-Bikes and providing quick and efficient service support to fleets deployed in last-mile delivery, […]

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MSEDCL floats 431 MW solar tender in Maharashtra

Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) has invited bids for the procurement of 431 MW solar power from decentralised solar projects of minimum 0.5 MW to maximum 2 MW capacity under component-A of PM Kusum Scheme to be developed in Maharashtra. Key details of the tender released by MSEDCL are as follows: Pre-bid Conference Meeting Date […]

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Harsh Shah To Take Over As CEO At Azure Power From July 1

Azure Power has announced the appointment of Harsh Shah as CEO. He follows in the wake of the exit of Ranjit Gupta last month. Shah was previously the Chief Executive Officer of IndiGrid, India’s first and largest Infrastructure Investment Trust (InvIT) in the Indian energy sector. It owns, operates, and manages power transmission networks and […]

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