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energy storage

ACEN Completes World’s First ETM Transaction, Retiring Out Coal Plant

ACEN, the energy platform of the Ayala Group, has disclosed the full divestment of the South Luzon Thermal Energy Corporation (SLTEC) coal plant using the energy transition mechanism (ETM), the first ETM deal in the world. The official statement by ACEN informs that the landmark transaction will enable the early retirement of the 246-MW coal […]

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The Top 5: Largest EV Charging Station Companies In India

The Indian EV charging station market is highly fragmented as several private and public entities are setting up charging infrastructure in various locations across India. Different types of EV chargers are available in the Indian market comprising Type 1, Type 2, AC and DC, unidirectional and bidirectional charging catering to e4W (electric 4-wheeler), e3W (electric […]

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SECI Invites Bids for 10 MW Solar Plant O&M Work

Solar Energy Corporation of India Limited (SECI) has floated a tender for an operations & maintenance contract including insurance for 05 (Five) Years of a 10 MW ground-mounted solar power project at Badi Sid, Rajasthan. (Bids for 10 MW) The last date for submitting the online bid is December 05, 2022, till 02:00 pm & […]

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Norwegian Firm Equinor Set Acquire BeGreen And 6 GW Solar Portfolio In Europe

Norwegian energy firm Equinor has entered into an agreement with Denmark based solar project developer, BeGreen, that boasts of a pipeline of projects worth 6 GW in Denmark, Poland and Sweden- with an average project size of 300 MW. BeGreen also has a strong presence in Europe, where it has developed and sold more than […]

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The Top 5: Largest EV Charging Station Companies In The World

Fossil-fuels-based cars are getting replaced by fast-emerging electric vehicles (EVs) with sales of the latter increasing tremendously over the past decade, especially the last two years. As per the latest data, 2021 was a record-setting year as EV sales doubled to around 6.9 million EVs worldwide. The rise of EVs also saw the emergence of […]

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Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness

India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […]

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Wärtsilä’s Gas Engines Reflect India’s Shift Towards Cleaner Power Generation

A 15.5 MW gas-fueled captive power plant will be provided by the technology company Wärtsilä gas under an idea, procurement, and construction (EPC) contract and a five-year operation and maintenance (O&M) agreement for Chennai. Tamilnadu Petroproducts Limited (TPL), a renowned producer of heavy chemicals and linear alkyl benzene (LAB), and a subsidiary of AM International, […]

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