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KYB and REE Partner to Develop Next-Gen Modular EV Platforms

KYB and REE Automotive have announced a strategic partnership to develop suspension capabilities for future EV platforms. KYB Corporation (KYB) and REE Automotive (REE) have announced a strategic partnership to develop suspension capabilities for future electric vehicle (EV) platforms. According to the joint statement issued by the firms, automotive Tier 1 supplier KYB’s unparalleled semi-active […]

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ONGC and NTPC to Form JV for Renewable Energy Business

ONGC and NTPC ltd are planning to set up a JV company to explore offshore wind projects amongst other renewable projects in India and abroad. #ONGC and @NTPClimited signed an MoU today to set up a Renewable Energy JV. It was signed by ONGC Director (Fin) In-charge Business Development & Joint Ventures Subhash Kumar and […]

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Railway Ministry Tenders for Supply of AURA Energy Solar Lights for Guwahati

The Ministry of Railways, under the Government of India (GoI), has floated tender inviting bids from eligible bidders for the supply and commissioning of AURA Energy Solar light with battery backup and solar photovoltaic (SPV) panels for Guwahati location. As per the tender details, the scope of work includes “supply and commissioning of AURA Energy […]

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GE Renewable Energy Wins Gujarat’s 102.6 MW Wind Project from Powerica

USD 15 billion wind energy giant GE Renewable Energy on Thursday said that it has won the 102.6 MW of wind turbine project in Gujarat from Naresh Oberoi-led Powerica Ltd. As per the deal, GE will supply 38 of its 2.7-132 onshore wind turbines, designed for low wind speed conditions, to be installed at the […]

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Indian Oil Tenders for Modification of Inverter Telemetry for Rooftop Solar Plants

State-owned energy major Indian Oil Corporation Ltd has floated tender inviting electronic bids from eligible bidders for the modification of inverter telemetry for hosting of a real-time generation of rooftop solar plants of Western Region Pipelines (WRPL) on the common digital platform. The work location under the tender will be Indian Oil’s all locations of […]

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Energy Storage Market to Rebound Strongly in 2021: Frost & Sullivan

Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. Despite the current COVID-19 pandemic, the medium-term future for energy storage remains bright according to a new analysis by Frost & Sullivan. The “Outlook for the Global Energy Storage Industry, 2020,” predicts the market to decline, […]

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Tender Issued for Rooftop Solar Systems at Hubballi Dharwad Smart City

Hubballi Dharwad Smart City Limited has issued a tender for rooftop solar PV systems worth approximately 340 kWp at government buildings under HDMC area The Hubballi Dharwad Smart City Limited (HDSCL), Karnataka has issued a tender for the commissioning of rooftop solar PV systems worth approximately 340 kWP on discount over retail tariff basis on […]

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Tata Power Posts Financial Results; Boosted by Renewable Business

Tata Power has announced its FY2019-20 financial results, reporting a strong end to the year in the Q4 and strong performance in the renewable business. Tata Power, India’s largest integrated power company, has announced its FY2019-20 financial results. The firm reported a strong end to the year in the fourth quarter with consolidated Profit After […]

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Shocker! ACME Bows Out From Rajasthan Project With Record Low Tariffs

After surprising the world, and setting the stage for a period of record low tariffs in India with its bid at Rs 2.44 kWh for a SECI project in Rajasthan, the winner, ACME Solar, has opted to cancel the project.  It had won the 600-Mw project in Rajasthan at a historic low rate of Rs […]

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