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Offers For 3500 MW Pour In For PTC India Call For 1000 MW RE From Developers

PTC India, the listed power trading firm, has announced that it has received a strong response to its call for expressions of interest from relevant players to supply 1000 MW of renewable energy for onward sales through market linked products. The 500 MW plus 500 MW greenshoe option was part pf Phase 1 of PTC […]

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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 […]

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The Top 5: Largest EV Charging Station Companies In India

The Indian EV charging station market is highly fragmented as several private and public entities are setting up charging infrastructure in various locations across India. Different types of EV chargers are available in the Indian market comprising Type 1, Type 2, AC and DC, unidirectional and bidirectional charging catering to e4W (electric 4-wheeler), e3W (electric […]

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Sterlite Power Mulls Over Investment of Rs 50,000 Crore in RE in Karnataka

Pratik Agarwal, Managing Director, Sterlite Power, has revealed that his company will invest Rs 50,000 crore in renewable energy in the state of Karnataka. Speaking at the Global Investors’ Meet, Pratik Agarwal held, “Over the next five years, we plan to increase the renewable capacity by 10-fold and invest close to Rs 50,000 crore into […]

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SECI Invites Bids for 10 MW Solar Plant O&M Work

Solar Energy Corporation of India Limited (SECI) has floated a tender for an operations & maintenance contract including insurance for 05 (Five) Years of a 10 MW ground-mounted solar power project at Badi Sid, Rajasthan. (Bids for 10 MW) The last date for submitting the online bid is December 05, 2022, till 02:00 pm & […]

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Norwegian Firm Equinor Set Acquire BeGreen And 6 GW Solar Portfolio In Europe

Norwegian energy firm Equinor has entered into an agreement with Denmark based solar project developer, BeGreen, that boasts of a pipeline of projects worth 6 GW in Denmark, Poland and Sweden- with an average project size of 300 MW. BeGreen also has a strong presence in Europe, where it has developed and sold more than […]

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China is Home to World’s First Offshore Floating Wind-Solar Pilot

The world’s first commercial offshore floating solar that has been combined with an offshore wind turbine is now online in China. The project has been initiated by State Power Investment Corporation (SPIC), a utility that is owned by the Government of China. SPIC is among the five major utility firms in China and it is […]

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ABC Cleantech Signs Rs 50,000 Cr MoU to Set Up Green Hydrogen Plant in Karnataka

ABC Cleantech recently announced that it had signed a Memorandum of Understanding (MoU) with the Government of Karnataka as part of “INVEST Karnataka 2022” for setting up a green hydrogen production unit. According to the company, this unit will produce 0.2 million tonnes of green hydrogen annually and 1 million tonnes of green ammonia annually, […]

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Okinawa Autotech Registers Retail Sales of 17,531 Units in Oct 2022

Okinawa Autotech, an Indian manufacturer of electric two-wheelers, sold a record 17531 units in retail sales in October 2022 as a consequence of the robust demand from customers for its wide range of EV scooters. The sum of sales includes both high-speed and low-speed electric scooters from Okinawa Autotech. The increased demand for electric scooters […]

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