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Toyota – Panasonic JV To Manufacture Electric Vehicle Batteries in 2020

Toyota is to hold a 51 percent majority stake with Panasonic owning the rest. Japanese firms, Toyota Motor and Panasonic plan to set up a joint venture in 2020 to manufacture batteries for electric vehicles, joining forces to compete more effectively on cost and scale with rising Chinese players in a key area for the future of […]

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Wood Mackenzie Lists 10 Trends that Will Shape the Global Solar Market this Year

There is over 63 GW of single-developer mega project capacity (500 MW+) in the global pipeline, 84% of which is comprised of projects in pre-construction phases. In a new report, authored by its analysts Tom Heggarty and Benjamin Attia, consultancy firm Wood Mackenzie has charted the top ten trends that will shape the global solar market […]

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Adani Issues RfS for Purchase of 700 MW of Solar Power

The last date of bid-submission is February 12, 2019, and the technical bids will open on the same day. Adani Electricity Mumbai Limited, in order to fulfill its Renewable Purchase Obligation (RPO), has issued a Request for Selection (RfS) for the procurement of power through competitive bidding from 350 MW grid-connected solar photovoltaic projects with […]

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Govt Looking to Float 5 GW Manufacturing-Linked Solar Tender Again

Most of the large industry players stayed away from the tender. And now, the government plans to cancel the previous bids and start fresh bidding on the project. The Government is planning to float the infamous 5 GW manufacturing-linked solar tender for a second time, after scrapping the results from the first issue. Solar Energy […]

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Vibrant Gujarat: MoUs worth over Rs 1 Lakh Cr Inked in Renewables

Post completion, this is expected to create over 10,000 jobs by 2020 and 2021, said officials. In an effort to provide further boost to the renewable space, the Memorandum of Understanding (MoUs) proposing investment of more than Rs 1 lakh crore were inked on the final day of the Vibrant Gujarat Summit (VGS). Post completion, […]

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Abu Dhabi’s Masdar Eyes Minority Stake in Hero Future Energies

Asian energy producers including Petronas of Malaysia, Masdar and Singapore’s Sembcorp are in separate discussions to acquire a minority stake in Hero Future Energies Abu Dhabi’s Masdar Clean Energy has thrown its hat into the ring  for a minority stake in Hero Future Energies. It has entered into exclusive talks to acquire a 30-35% stake […]

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Vikram Solar Wins CII Award for Customer Obsession

This is the second time Vikram Solar has won this award, confirming the company’s consistency in upholding customer centric values in its business model. One of the leading solar module makers in India, Kolkata-based Vikram Solar has received the “CII Award for Customer Obsession-2018’ for active customer engagement in manufacturing sector among large business organizations. […]

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Tata Power Solar takes its Residential Rooftop offer to Gandhinagar

The solution is expected to save upto Rs 50,000 annually for 25 years. Boosting the solar portfolio, Tata Power’s solar arm has recently launched its complete residential rooftop solution in Gandhinagar, Gujarat. The solution is expected to save up to Rs 50,000 annually for 25 years. The company had launched its rooftop solar services back […]

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POWERED Accelerator’s Second Cohort Shortlists 9 Women-Led Startups

Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October. POWERED Accelerator, a first-of-its-kind global entrepreneurship programme, focusing on women-led businesses in the energy value chain, has shortlisted 9 women-led startups for its 2nd cohort. The 9 women-led startups shortlisted […]

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