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MoU

Avaada Group Signs MoU with Rajasthan Govt for Green Ammonia Plant

Avaada Group, a Noida-based integrated energy enterprise, signed a Memorandum of Understanding with the Department of Industries and Commerce, Government of Rajasthan, on August 24. Through this collaboration, Avaada Group will set up a green ammonia facility and a renewable energy power plant in Kota, Rajasthan. According to the company, the MoU signed as part of […]

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IREDA Inks MoU with Bank of India for Co-Lending for RE Projects

To facilitate co-lending, co-origination, and loan syndication for renewable energy projects, The Bank of India (BoI) and the Indian Renewable Energy Development Agency Limited (IREDA) inks MoU (Memorandum of Understanding). IREDA is one of the earliest and largest renewables-focused financial institutions. The MoU will enable cooperation between IREDA and BoI on renewable energy initiatives including […]

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Coal Mining Company NLCIL Signs MoU For RE Projects With APDCL

A Memorandum of Understanding (MoU) has been signed by coal mining company NLC India Ltd and Assam Power Distribution Company Limited (APDCL). It may be noted that Tamil Nadu based NCL India Ltd and APDCL- fully owned by the Assam Government, are Navratna public sector organisations. According to the agreement, the objective of the MoU […]

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ONGC Signs MoU With Greenko To Make Green Hydrogen And Explore Markets

Oil and Natural Gas Corporation (ONGC) and renewable energy company Greenko ZeroC have signed a Memorandum of Understanding (MoU) to make green hydrogen, green ammonia and jointly explore new market in renewables, and other derivatives of green hydrogen. The two companies will join hands to come up with a 1-MMTPA green ammonia production and storage […]

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Cypress Creek Acquires 400 MW Storage From Black Mountain  

USA-based renewable energy player Cypress Creek Renewables has added 400MW/600MWh to its storage portfolio after acquiring four Texas standalone energy storage projects from Black Mountain Energy Storage (BMES). The projects, each 100MW, are located throughout the Electric Reliability Council of Texas (ERCOT) market and are currently under development. Cypress Creek said that it will continue […]

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NTPC, Morocco Ink MoU For Cooperation In Renewable Energy

India’s largest power producer and state-owned NTPC has signed a Memorandum of Understanding with Moroccan Agency for Sustainable Energy (MASEN) for mutual cooperation in the renewable energy sector. A statement by the Ministry of Power reads that the agreement was signed during the 17th CII EXIM conclave on India-Africa growth partnership in New Delhi from […]

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Statcon Energiaa And Magellan Powertronics, Australia Ink MoU For EV Charging and Renewable Tech

Australia-based DC & AC electric equipment manufacturer, Magellan Powertronics has inked a Memorandum of Understanding with Delhi-based power electronics manufacturer company, Statcon Energiaa. With this MoU, business and technological cooperation in the field of power electronics are to be encouraged. Manufacturing EV Chargers and Power Electronics for Renewable Energy are its main areas of focus. […]

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BP And Thyssenkrupp Steel Sign MoU On Supply Of RE In Steel Production

British Oil major BP and German metal working giant Thyssenkrupp Steel have signed an MoU to ensure long-term supply of low carbon hydrogen and renewable power for steel production. Among the renewable options for both the companies are blue hydrogen, green hydrogen, wind and solar generation through solar purchase agreements. Steel accounts for 8-11% of […]

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Karnataka Signs MoUs With Petronas Hydrogen and Continental Automotive Components For Investment Worth Rs 32,000 Cr

The Karnataka Government has signed two separate Memorandums of Understanding with Malaysia-based Petronas Hydrogen and Continental Automotive Components. This will usher an investment in the state to the tune of Rs 32,000 crore. The MoUs were signed by Dr. EV Ramana Reddy, Additional Chief Secretary in the Department of Industries and Commerce. Chief Minister Basavaraj […]

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