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Adani Firm to Acquire 50% Equity in Rajasthan’s Essel Saurya Urja

Adani Renewable Energy Holding Two Ltd has announced that the company will acquire 50 per cent equity in Rajasthan based renewable energy company Essel Saurya Urja Company of Rajasthan Ltd (ESUCRL). The deal has been announced to be for Rs 15 crore from Essel Infraprojects a firm belonging to the troubles Essel Group whose promoters […]

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NY’s Verizon Communications Crosses 3 GW Projected Renewable Energy Capacity

New York-headquartered Verizon Communications has announced that it has signed four new long-term renewable energy purchase agreements (REPAs) for an aggregate of up to 410 MW of renewable energy capacity. The official statement of Verizon held that with four new agreements, Verizon has surpassed 3 GW of total projected renewable energy capacity, as it continues […]

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Exicom to Supply 5L Battery Management Systems to Hero Electric

An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […]

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Canada’s Boralex Acquires 50% Stake in Five Wind Farms of 894 MW in US

In a major development, EDF Renewables North America has announced that the company has completed the transaction with Boralex Inc. by which Boralex has acquired EDF Renewables’ 50-percent ownership interests in five wind power projects totaling 447 MW in Texas and New Mexico. This has taken the renewable energy portfolio of the purchaser to further […]

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Nepal Invites Tenders for 100 MW Solar Projects

Nepal Electricity Authority (NEA), the state-owned power utility, has invited bids for the selection of independent power producers (IPPs) for the development of 100 MW of grid-connected solar PV capacity. These projects will come up at 16 designated sites in the Himalayan country. According to the notification, the last day for the players to submit […]

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Enefit Green Sets Sights on Building 335 MW Wind Farms in Estonia & Lithuania

Leading renewable energy player in Estonia and the Baltic countries, Enefit Green has said that a final investment decision has been taken by the company on 255 MW Sopi-Tootsi wind farm in Estonia and 80 MW Kelme I wind farm in Lithuania. Enefit Green has decided that in the coming two years, the firm will […]

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Spain’s Soltec Supplies 738 MW Solar Trackers to Brazilian Solar Projects

Spanish multinational solar tracker manufacturer Soltec has announced that it has signed an agreement with solar conglomerates Canadian Solar and SPIC for the supply of SFOne trackers for two Brazilian solar power projects having a cumulative capacity of 738 MW. Work on these two power plants will start in mid-2023. The solar projects will be […]

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Li-ion Battery-Maker NorthVolt Aims to Build World’s Greenest Battery Cell

Northvolt is a Sweden-based startup which develops sustainable lithium-ion batteries in conjunction with R&D, industrialisation, and recycling to support clean energy. The Li-ion battery maker was founded in 2016, with a mission to build the greenest battery in the world. The firm provides electrification and renewable energy storage designed for lithium-ion battery plants to produce […]

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Tata Motors to Run 921 Electric Buses in Bengaluru

India’s leading EV maker Tata Motors has announced that it has signed a definitive agreement with Bengaluru Metropolitan Transport Corporation (BMTC) through its fully owned subsidiary, TML Smart City Mobility Solutions Ltd. under which the company will operate 921 electric buses in Bengaluru, Karnataka. As part of the agreement, TML Smart City Mobility Solutions will […]

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