SUBSCRIBE NEWS LETTER

ppa

SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh

State-run SJVN Ltd announced that it has been awarded a contract worth Rs 585 crore to construct, own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a […]

Read more

Auto Component Giant MT Autocraft Announces 100 Cr Investment in E-Mobility

Electric vehicle (EV) startup MTA E-Mobility Pvt Ltd was established by MT Autocraft, a provider of machined components and assemblies, with an investment of Rs 100 crore to develop EVs and essential electrical systems. The business constructed a facility of three acres in Palwal, in the national capital area, and will exhibit its goods and […]

Read more

OYA Renewables, Oil Well Shares Form JV to Develop 3 GW Renewables

North American energy transition solutions platform, OYA Renewables and Appalachian-based energy major Oil Well Shares have announced the formation of Chrysalis Energy, a joint venture by the two for the development and construction of community and utility-scale solar, wind and energy storage infrastructure projects across the PJM region. PJM is part of the Eastern Interconnection […]

Read more

Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

Read more

KKR to Invest $400 Million in Sterlite Backed Serentica Renewables

Kohlberg Kravis Roberts (KKR), a leading global investment firm, and Gurugram-based Serentica Renewables, a decarbonization platform that seeks to enable the energy transition by providing complex clean energy solutions for energy-intensive, hard-to-abate industries, have announced the signing of definitive agreements. Under the agreements, KKR will invest $400 million in the company. Standard Chartered Bank acted […]

Read more

Gujarat’s Renon Launches India’s First Dedicated 2W-EV Platform ‘ALPHA’

Gujarat-based firm Renon India, an energy storage provider company, has announced the release of its intelligent Alpha swappable battery architecture for high-performance E-two-wheelers. This Li-ion battery pack uses NMC chemistry, has a nominal voltage of 50.4 V, and a rated energy of 2.01 kWh. It can also be converted to use LFP chemistry with the […]

Read more

Battery Swapping Giant Gogoro Enters India, Partners with Zypp Electric

Taiwan based global battery swapping ecosystems developer Gogoro Inc has announced its entry in India with a pilot project that will begin in December 2022, by forging a strategic initiative and partnership with India’s Zypp Electric, an EV-as-a-Service platform. The official statement held that together, the companies are focused on accelerating the urban shift of […]

Read more

Westbridge Announces 300 MWp Solar plus 200MW/400 MWh BESS in Alberta

Westbridge Renewable Energy Corporation, Canada based developer of utility-scale solar PV projects, has announced the addition of the Eastervale Project located in the Municipality of Provost, in east-central Alberta, Canada to the Company’s rapidly growing portfolio. The official statement released by Westbridge said that the Eastervale Project target capacity is 300 MWp solar photovoltaic and 200MW/400MWh of Battery […]

Read more

European Energy’s Arm EE North America to Build 2 GW Solar Project in Arizona

EE North America, renewable energy developer and arm of global energy player European Energy, has said that it has partnered with Elio Energy to develop a pipeline of 2 GW of solar power generation and energy storage in Arizona and surrounding states. The official statement of EE North America held that the solar and storage […]

Read more
      SUBSCRIBE NEWS LETTER
Scroll