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Magenta and BSES Sign MoU to Deploy EV Charging Solutions in Delhi

Magenta, an Indian charge point operator (CPO) company, will be deploying innovative EV charging solutions in collaboration with BSES Rajdhani Power Limited and BSES Yamuna Power Limited, prominent power distribution companies in Delhi. BSES has been forging partnerships to promote e-mobility in the national capital in line with the state and central government objectives to []

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Fortescue Metals Acquires 60% Stake in RE Firm HyET

Fortescue Metalss green energy unit has bought a 60% stake in Dutch-based renewable firm High yield Energy Technologies (HyET) Group in a bid to cut costs and boost green energy production. HyET Hydrogens technology will support FFI in reducing costs in other areas of the green hydrogen supply chain, said Julie Shuttleworth, chief executive officer []

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Transmission System for Rajasthan Solar Energy zone commissioned

POWERGRID Khetri Transmission System Ltd. (PKTSL), a fully owned subsidiary of Power Grid Corporation of India Limited (POWERGRID) has commissioned the Transmission System associated with Rajasthan Solar Energy Zone (SEZ) Part-C on 4th October 2021. This is one of the largest Inter State Tariff Based Competitive Bidding (TBCB) projects established in the state of Rajasthan. The []

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Rooftop Solar to Supply 25-49% of Global Electricity Needs by 2050: Study

Owing to improved deployment capability and reduced costs, rooftop solar photovoltaics (PV) technology, such as roof mounted solar panels used in home, commercial and industrial buildings, is currently the fastest deployable electricity generation technology. According to a new report, it is projected to supply 2549% of global electricity needs by 2050. Despite these predictions, a []

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6 Myths Blown Away By Indias Power Crisis

The power crisis in India has received enough coverage in the media, with focus now on the barely 3 days coal supplies with a significant segment (Over 40%) of the countrys thermal fleet of power stations. While the use of the word energy transition is designed to soothe nerves and allow the huge changes underway []

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Indias iCreate, Israels Start-Up Nation Central Partner for Green Tech

iCreate (International Centre for Entrepreneurship and Technology), an Indian startup incubator and Start-Up Nation Central, a not-for-profit organisation that connects multinational corporations, governments, investors, and NGOs to the Israeli innovation ecosystem, are collaborating to promote the adoption of green technologies. This partnership will also set the stage for the 2nd cohort of the India-Israel Innovation []

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Tyre Maker CEAT Buys 26% Stake in Cleanwin Energy

Tyre maker CEAT Ltd on Monday announced it has completed the acquisition of 26 per cent stake in Cleanwin Energy, for which it had signed a pact with Yellowstone Clean Energy LLP last month. Cleanwin Energy owns, operates and maintains a captive wind power generating plant in Maharashtra. The RPG Group company plans to move []

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Shell Inks Two Partnerships for 800 MW UK Solar Projects

Anglo-Dutch oil and gas giant Shell has inked two deals with London-based companies for the development of utility-scale solar PV projects, totalling over 800 MW capacity, in the UK. Shell has signed a framework agreement with the renewable energy developer Island Green Power to develop solar PV projects with co-located battery storage potential, with an []

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SUSI Partners to Fund Canopy Powers Renewable Microgrids

Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has joined forces with Singapore-based microgrid technology provider Canopy Power to bring clean power solutions to off-grid locations across Southeast Asia. It is SUSIs second investment in Southeast Asia following the creation of a joint venture with Malaysian company InvestEnergy which is dedicated []

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