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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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After Promising Start, Karnataka Increases GIM Investment Plans

After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […]

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Tdafoq Energy, Delectrik Systems Partner for Battery Project in Saudi Arabia

Tdafoq Energy of Riyadh, Saudi Arabia has entered into a distribution and manufacturing license with India-based Delectrik Systems. Tdafoq Energy will exclusively sell Delectrik’s Vanadium Redox Flow battery products manufactured in India in the Gulf countries. According to the official statement of the companies, the sales will take place in Bahrain, Kuwait, Oman, Qatar, Saudi […]

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Jaguar Land Rover, Wolfspeed Partner for SiC Semiconductor Tech Supply

Jaguar Land Rover and Wolfspeed have announced a strategic partnership to supply Silicon Carbide semiconductors for next generation electric vehicles, delivering increased powertrain efficiency and extended driving range. Under its Reimagine strategy, Jaguar Land Rover is transforming to an electric-first business, to become carbon net zero across its supply chain, products, services, and operations by 2039. […]

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rPlus Energies Begins Construction of 200 MW Appaloosa Solar 1 Project in Utah

Salt Lake City based renewable energy developer rPlus Energies has said that it has commenced construction of the 200 MWac/240 MWdc Appaloosa Solar 1 project which is located in Iron County, Utah. To celebrate the commencement of Appaloosa Solar 1, rPlus Energies, Sundt Construction and Greenbacker hosted a groundbreaking ceremony on the project site. The […]

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Panache Digilife To Manufacture Revamp Moto’s EVs Under Contract

Revamp Moto, a producer of modular electric vehicles (EVs), has gone with  Panache Digilife Ltd, a company that specialises in the design, production, distribution, and services of ICT & IoT products, to build EVs for it at the site in Bhiwandi, Mumbai. “Panache will bring with them 20 years of contract manufacturing expertise. This will […]

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ACWA Power, EBRD sign pact for Renewable Energy Infra Projects

Key Saudi Arabian power generator and RE player ACWA Power Company has announced that it has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development (EBRD). The pact was announced on the side lines of the Future Investment Initiative Forum, which took place in Riyadh. The […]

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Island Village In Bangladesh To Be Solarised Courtesy Corporate Sponsorship

Bangladesh is now solarising its villages that fall in the middle in the islands of Brahmaputra river called ‘char.’ These are islands formed by the river using silt deposits. As such, providing grid connected access is a massive challenge to these islands. In a key development, Standard Chartered Bank, in partnership with international social organisation, […]

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Asian Development Bank to Fund Bhutan’s First Utility-Scale Solar Project

Bhutan may well be moving beyond hydropower as far as renewable energy development in the Himalayan country is concerned. In a key development, the Asian Development Bank (ADB) has approved a $18.26 million financing for the construction of the first utility-scale solar photovoltaic power plant in Bhutan. The official statement by ADB held that the […]

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