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energy resources

Biocon, Hindalco Declare Investments In Renewable Energy

The investments in the renewable energy sector by the corporate sector continue to pick up pace on the back of lower energy costs from renewables and ESG led actions. Biocon – a biotechnology major – has announced that it has acquired 26 per cent stake in AMPYR Renewable Energy Resources Eleven Private Ltd for Rs […]

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Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business

Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […]

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VPPAs Could Help Meet A Quarter Of India’s 2030 Target of Renewable Energy

The recently released WWF-India’s report “Virtual Power Purchase Agreement (VPPA) for C&I consumers in India” highlights that the total estimated demand for VPPAs in India by 2030 could be as high as 104 GW, which could help to meet 27% of the remaining target of India’s 500 GW target by 2030.  The VPPAs offer many strategic […]

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SJVN to collaborate with Assam Govt for renewable energy projects

The Assamese government looks bullish on renewable energy as the state and the entire North East region, always blessed with high potential, finally act on it. In the latest development, Director Finance of Shimla based state owned Satluj Jal Vidyut Nigam (SJVN), Akhileshwar Singh met with the Assam Chief Minister Himanta Biswa Sarma in Guwahati […]

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Service Sales Executive- Energy & Mechanical Services

Every Customer segment is focused on Energy Sustainability and Carbon footprint reduction. In this role you are expected to position Siemens EPS & Smart Mechanical Service Portfolio Execute the business’ go-to-market strategy of expanding business while driving growth initiative with existing customer and open market space. Work closely with the customer and support team members […]

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Savannah Energy sings pact with Chad to develop 500 MW renewable projects

British energy company Savannah Energy has announced the signing of an agreement with the Ministry of Petroleum and Energy of Chad for the development of up to 500 MW of renewable energy projects. The projects will supply electricity to the Doba Oil Project and the towns of Moundou and Doba in Southern Chad, and the […]

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‘Renewable energy generation plan’ to be implemented in Sri Lanka from June 1

A ‘Renewable Energy Generation Plan’ will be implemented in Sri Lanka from June 1, 2022 to enhance the renewable energy generation and its share in the energy mix of the country. The information has been shared by the Minister of Power and Energy, Kanchana Wijesekera. Sri Lanka is undergoing an economic crisis brought by huge […]

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Statkraft May Supply Renewable Energy to Plants of FREYR Battery in Norway

Europe’s largest renewable energy player – Statkraft – has signed a binding ‘Heads of Terms’ with FREYR Battery with an aim of converting it into a long-term physical supply agreement, with the ambition to secure a long-term supply of renewable power for FREYR’s planned battery cell production project in Mo i Rana city of Norway. […]

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India says BRICS countries should explore cooperation in solar energy, climate resilience

Union Minister of Environment, Forest and Climate Change, Bhupender Yadav has suggested to the BRICS countries to explore cooperation in areas of solar energy, infrastructure, industry transition and climate resilience. Interestingly, the BRICS grouping, besides having the world’s no. 2 and no. 2 emitter in the form of China and India, is also notable for […]

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