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Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio

Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […]

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Google Backs Clean Energy Firm To Power AI Data Center Expansion

US-based clean energy company, Intersect Power recently partnered with Google and TPG Rise Climate (TPG) to provide renewable power and storage solutions to new data centers. This partnership is designed to deliver gigawatts of new data center capacity across the US with Intersect Power catalyzing a targeted $20 billion in renewable power infrastructure investment by […]

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Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant

Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […]

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90% Surge In Installations After Green Energy Open Access: IEEFA

A new report claims that regulatory clarity on green energy open access led to an upsurge in annual renewable energy installations. The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics prepared the report. The report said that the Green Energy Open Access Rules (GEOA) 2022 aided in creating new installation […]

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Reliance NU Energies Makes Key Appointments

Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […]

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Green Stocks Dec 10: Waaree Energies Stock Price Soars 5.68%

The renewable energy sector saw mixed action in the stock market today. Waaree Energies led the pack with a 5.68% surge, followed by Borosil Renewables, which climbed 3.61%. Maintaining its positive momentum, NTPC Green’s stock price also rose by 1.29%. Meanwhile, the Madhya Pradesh-based Shakti Pumps posted a modest gain of 0.34%. However, it wasn’t […]

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Juniper Green Inks Landmark 1GW Module Order With First Solar

Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […]

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Continuum Green Energy IPO Bound, To Raise Rs 3650 cr

Mumbai Headquartered Continuum Green Energy Limited has filed its draft red herring prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI), for an initial public offering (IPO). The green energy developer is backed by Just Climate and Morgan Stanley Infrastructure Partners. Continuum Green Energy primarily focuses on supplying green power […]

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Geotab Study On EV batteries Underscores Second Life Potential

Battery degradation is a natural process that reduces the amount of energy a battery can store or the power it can deliver. In electric vehicles (EVs), however, power degradation is rarely noticeable because the battery’s power output often exceeds the vehicle’s requirements, as found in a research paper by Geotab, a global market transportation solutions […]

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