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IKEA Owner- Ingka Group Buys 49% Stake in Swedish Wind Power Projects

Ingka Investments, the investment arm of Ingka Group that owns IKEA stores worldwide, has announced that it has acquired a 49 per cent share in three offshore wind development projects from OX2 in Sweden for a price of 58 million. The official statement of Ingka held that the power generating potential of the three offshore []

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Indian Oil Releases Tender to Buy Land in Odisha for 10MW Solar Project

To build a 10 MW solar project in Odisha, Indian Oil Corporation (IOCL) has released a tender for the sale of 50 acres of land. The last date for submitting the online bid is September 26, 2022, and the bids will be opened on September 27, 2022. Each interested bidder will have to pay Rs. []

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Konkan Railway Corporation Floats Bid For 5 MW Solar Project

Konkan Railway Corporation has issued a tender for inviting bids to set up a 5 MW grid-connected ground-mounted solar project. This solar project would provide solar energy for the 25 kV, single-phase, 50 Hz transmission system at Murdeshwar of the Konkan Railway in Karnataka for 25 years, as well as the necessary protection system. The []

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The Top 5: Mistakes To Avoid With Rooftop Solar Installation

Going solar is a great decision not only from an environmental point of view but also from an economic perspective. On average, a solar panel gives service for about 25 years. Thus, it is very important one must consider all the points affecting the installation, and the service for years to come at the time []

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Mercedes To Drive Indias Luxury EV Market, Poised To Overtake Tesla

According to its country head, Martin Schwenk, Mercedes-Benz wants to dominate the market for premium electric vehicles in India. This will help it maintain its lead over rival Tesla and solidify its position as the most popular luxury automobile brand. According to Martin Schwenk, Mercedes-Benz will introduce three new electric vehicles in India this year, []

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System Tendering CRP & SAS

Responsibilities:- Analyze customer needs and prepare bill of materials, deviation list and detailed product configurations. Deliver accurate cost estimations as per tender scope of work. In coordination with the team manager, elaborate bid prices and offering strategy. Participate in the risk review process as needed in accordance with company policy. Verify the commercial and legal []

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EV Manufacturer Odysse Adopts Advanced IoT Technology in EVs, Adds Dealerships

Maharasthra-based EV manufacturer, Odysse Electric Vehicles has announced an upgraded version of its IoT-enabled vehicles (Advanced IoT Technology), which provide real-time information and play an indispensable role in offering vehicle data. According to the company, the advancement also measures absolute and relative parameters such as speed, acceleration, and braking pattern to provide recommendations for improved []

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Koreas Largest Hydrogen Production Complex Ready in Gyeonggi Province

Gyeonggi Provincial Government of South Korea has announced that a hydrogen production complex capable of supplying fuel for 410,000 hydrogen vehicles per year is opened in Pyeongtaek City in the Province. As per the official statement by the government, it is the first of its kind in the Korean capital region. Gyeonggi Province expects that []

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The Top 5: Reasons Oil Firms Are Choosing Offshore Wind

The wind of change from non-renewable to renewable energy sources is driving businesses investments toward green energy across the globe. Oil firms are not an exception either. Many of the major oil firms worldwide are choosing to invest in offshore wind as a preferred renewable energy source. While some industrial leaders like ConocoPhillips, Shell, []

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