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Statkraft and Solaria Sign 10-Year 252 MW Solar PPA

Statkraft and Solaria have signed a long-term physical power purchase agreement (PPA) for five solar parks. Statkraft, one of Europe’s leading provider of market access services and Solaria, leading solar power generator in Spain, have signed a long-term physical power purchase agreement (PPA) for five solar parks. The initial duration of the agreement is ten […]

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EIB and Hydrogen Council Sign Agreement to Finance Hydrogen Projects

EIB and Hydrogen Council to collaborate on the development of innovative schemes to finance hydrogen projects to address climate change. The Hydrogen Council, a global initiative of CEOs representing energy, transport, and industry organisations advocating for the accelerated deployment of hydrogen solutions, and the European Investment Bank (EIB), one of the world’s largest providers of […]

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GM and LG Chem to Mass Produce Battery Cells for Future EVs

GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […]

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Is Corporate India Ready for Renewable Power Consumption?

A new report by WWF India reviews the progress made by Corporate & Industrial consumers globally and in India for renewable power procurement In India, commercial and industrial (C&I) consumers utilise 51 percent of the total generated power. Of this, a mere 3 percent is from renewable energy. A new WWF-India report, ‘Global Corporate Renewable […]

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Power, Solar Sector, Discoms in Focus in Parliament. Here Is What Was Said.

The answers by Power Minister R.K. Singh in parliament yesterday, while placing on record the hard figures when it comes to the power sector and renewables, particularly solar power, also underscored the minister’s continued confidence in India meeting its renewable energy goals. We take a look at the key takeaways. The Saubhagya scheme, or the […]

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IFC Eclipses $10 bn in Climate Finance Investments Since 2006

IFC has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006. IFC, a member of the World Bank Group, has announced that it has surpassed USD 10 billion in climate finance investments in financial institutions in emerging markets since 2006, a milestone that reflects the Corporation’s commitment to […]

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Tamil Nadu Tenders for Servers & Hardware for RE Generators

Tamil Nadu Transmission Corporation has issued a tender, for the commissioning of servers, hardware and AMR network accessories for RE generators. The Tamil Nadu Transmission Corporation has issued a tender, for the commissioning of servers, hardware and AMR network accessories for wind farms, co-gen, solar and other renewable energy (RE) generators. The Scope of the […]

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Petronas On-Track to Build Effective Biz Ecosystem in India: Rizan Ismail

With an aim to tap the demand for energy, power and consumer goods in India, Malaysia-based Petroliam NasionalBerhad (Petronas) is ramping up efforts to strengthen footprints in the country. With more than 20 years of strategic partnerships covering 6 business segments in India, Rizan Ismail, Chairman of Petronas Energy (India) Pvt Ltd, said “Petronas is […]

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Magenta Power Ties up With Lodha Group for EV Charging Solutions

Magenta Power has tied up with Lodha Group to provide complete end to end EV charging solutions in their upcoming projects at Dombivli and Thane, Mumbai. Magenta Power, a leading electric vehicle (EV) charging solutions provider in India has announced that it has tied up with Lodha Group, listed amongst the coveted real estate developer, […]

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