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Vibrant Energy Signs PPA with UltraTech Cement for 21.60 MW Wind Energy

Vibrant Energy (Vibrant), a corporate renewable energy solutions provider, has concluded agreements for providing 21.60 MW of wind project in Maharashtra. The project will deliver green power to Ultratech Cement’s multiple facilities in Maharashtra. Srinivasan Viswanathan, CEO, Vibrant Energy, said, “We are excited to partner with Ultratech and accelerate their green energy transition. This partnership […]

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Australia’s Sunrise CSP & Engineers India Ltd Join Hands for Solar Thermal Projects

Australia-based Sunrise CSP (Concentrated Solar Power), a firm that designs, builds and operates industrial process heat and electricity generation plants that use concentrated solar thermal energy and India’s Engineers India Ltd (EIL) have entered into an MoU for Concentrated Solar Thermal (CST) projects in the oil and gas sector in India. This will also encompass […]

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NLC India Moving Towards Hybrid RE Projects: Prasanna Kumar, CMD

Saur: What are the significant works NLCIL undertook in the past few years to boost its renewable portfolio? CMD: NLC India Limited (NLCIL) was an early bird central PSU to venture into the renewable sector. Our first renewable energy project was awarded in 2013 with a 51 MW wind power project. Later, we shifted towards […]

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Borosil Renewables Assessing Solar Module Recycling Potential

Borosil Renewables Ltd., the multinational solar glass manufacturing firm, is exploring a possible entry into the recycling of solar PV modules. This initiative aims to establish industry best practices in the extraction and utilization of the materials being recovered from the recycling process. Having one of the lowest carbon footprints in solar glass manufacturing globally, […]

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ADB & Fourth Partner Energy Join Hands for 25 MW Solar Power Plant in Tamil Nadu

The Asian Development Bank (ADB) and Independent Power Producer Fourth Partner Energy Private Limited (Fourth Partner) have joined hands for a long-term loan of up to Rs 1.2 billion Indian rupees towards the construction and operation of a 25 MW solar power plant. This will help augment clean and low-cost energy supply to commercial and […]

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RecycleKaro Invests Rs 100 Cr to Set Up Nickel Facility in Maharashtra

RecycleKaro, a player in sustainable, lithium-ion battery recycling, has announced its plans to establish Nickel metal plant with a substantial investment of Rs 100 crores in Maharashtra. RecycleKaro maintains that it is committed to completing the value chain of a circular economy and meeting the surging demand for lithium-ion batteries in India’s electric vehicle market. […]

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Electric Supply Chain Firm ZEVO Secures Funding from Agility Ventures

ZEVO, a completely integrated electric supply chain and warehousing platform, announced today that it has successfully raised funding from Angel Fund Agility Ventures. The funding will be utilized to further expand ZEVO’s fleet of electric vehicles and micro storages, focusing on last-mile delivery and integrated logistics solutions along with electric refrigerated deliveries. “As investors, we […]

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Morgan Stanley Forms JV With Crowley For US Offshore Wind Development

Morgan Stanley Investment Management (“MSIM”), through Morgan Stanley Infrastructure Partners (“MSIP”), and U.S. maritime, energy and logistics solutions leader Crowley announced today the creation of a new joint venture to advance offshore wind energy solutions for the United States. Crowley rendering of Salem Offshore Wind Terminal The joint venture will strategically combine Crowley’s end-to-end maritime and logistics capabilities through the […]

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Solar Startup Zunroof Struggles To Deliver On Promise

There were plenty of rooftop solar companies raising capital during the 2016-19 period. However, the fund inflow in such startups slowed down gradually and only a handful of them are in serious business. In fact, recent funding rounds for firms like Solar Square have been built around funding their customers.  One early pre-2020 startup is […]

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