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QCells Signs 12-GW Solar Power Deal With Tech-Giant Microsoft

Global renewable energy player Qcells will supply tech giant Microsoft with 12 – G.W. of solar modules and EPC services over an 8-year period. This is Qcells’ largest module and engineering, procurement and construction (EPC) services agreement to date. The order is equivalent to powering more than 1.8 million homes annually. The eight-year strategic alliance […]

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ReNew Signs Contract To Sell 300 MW Solar Project With $199mn Valuation

Indian renewable energy company ReNew today announced that it has signed a Share Purchase Agreement with India Grid Trust to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited – for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately […]

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CIP Commences Construction Of 300 MW Wind Project With Envision 

Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) have taken final investment decision (FID) on a 300 MW onshore wind project in India together with Viviid Renewables (Viviid), an Indian developer and balance-of-plant service provider. The project is located at Karnataka with favorable wind conditions, good site accessibility, and an […]

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VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant

VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […]

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UltraTech Introduces Five Electric Trucks For Clinker Transportation

For enabling ‘green mobility’, UltraTech Cement Limited, India’s cement and ready-mix concrete (RMC) company, has introduced five electric trucks. This would enable transportation of clinker from its integrated cement manufacturing unit in Dhar cement works, located in Madhya Pradesh, to its grinding unit Dhule cement works, located in Maharashtra. To ensure reliable transportation, UltraTech has […]

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Varanasi Set To Embrace 25,000 Solar Rooftops In Two Months

The Uttar Pradesh government is set to launch an ambitious campaign to install solar rooftops on 25,000 households in Varanasi city. This gigantic initiative for the holy and world’s most ancient city, scheduled to be completed within two months, seeks to promote green and sustainable energy practices in Varanasi, the Lok Sabha constituency of Prime […]

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Serentica Renewables In INR 3500 Cr Debt Deal For Its 530 MW RTC Project

Serentica Renewables, which has quickly emerged as a leading C&I focused renewable energy developer in India within 2 years, announced the signing of its first international and commercial bank foreign currency loan worth INR 3500 crores (US$425 million) for its Round-The-Clock renewable energy project in India. The transaction brings together a consortium of three international […]

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Snap-E-Cabs Plans To Train, Engage 100 Women Drivers In West Bengal

Snap-E Cabs, an on-demand, app-based fleet of 100% Electric Vehicles (EV), has planned to increase the number of female cab drivers in its fleet. The company is set to train and engage the first batch with 30 female drivers and 50-60 in the subsequent two batches and take the overall count to about 100 in the next […]

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