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At Tata Power AGM, 30 GW Capacity Target For 2027 Firmly in Sight

On the back of a strong set of results in FY 22, Tata Power Chairman Natarajan Chandrasekaran, iterated the firm’s focus on renewables at the Annual general Meeting of shareholders. Capex of Rs 75,000 crores over the next 5 years in renewables is expected the take the share of renewables to over 60% during the […]

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IIT Kharagpur Scientists Develop Fast Charging E-Cycle Powered By Na-Ion batteries

Scientists at the IIT Kharagpur have developed sodium-ion batteries and supercapacitors using nanomaterials. The battery can be used in an electric bicycle (E-cycle) and is capable of quick charging. The price of e-cycle will drop dramatically since sodium(Na)-ion batteries are less expensive than lithium-ion batteries. Dr. Amreesh Chandra, a professor in the Department of Physics […]

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Enercon To Receive €500 Million Worth Aid From German Govt

In a major announcement, Enercon has informed that the German wind turbine maker will receive € 500 million as financial aid from the German Government from the WSF Economic Stabilisation Fund. The state fund is meant to help the renewable energy player to deal with the impact of the COVID-19 led pandemic. The turbine manufacturer […]

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Fugro Lends Support To Denmark’s Largest Offshore Wind Farm

Netherland-based geo-data specialist, Fugro, has set in motion geotechnical site surveys at RWE’s Thor offshore wind farm project. The acquired geo-data will be used to design, produce, and install the major parts of the wind farm, such as the foundations for the turbines and the inter-array and export cables. According to RAW, Thor is set […]

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Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe

Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the  increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […]

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Fluence Energy Announces Technology Center in Bangalore for Global Support

Energy storage technology and services provider, Fluence Energy has announced its new global technology center in Bangalore, India. Fluence India Technology Centre will mark local presence in India. Along with this initiative, the company is also looking to enhance its technical capabilities and expand global talent to support product strategy execution. As per the company, […]

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ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A

A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […]

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NTPC, GACL will collaborate for renewable energy, green chemicals

NTPC Renewable Energy Limited (NTPC REL) has announced signing of a Memorandum of Understanding (MoU) with Gujarat Alkalies and Chemicals Limited (GACL) to realize green energy and green hydrogen objectives and the Government of India meant to make the economy carbon-neutral. The official statement of the central PSU held that the pact was signed by […]

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Jakson Group Launches Jakson Green, Signaling New Green Reality

Jakson Group, one of India’s leading energy and infrastructure company, has today announced its new venture Jakson Green Pvt Limited (JGPL).  Jakson Green Pvt Limited will focus on Green Hydrogen & Ammonia, Waste to Energy, Electrolysers and Fuel cells, Utility-scale Battery Energy Storage Systems(BESS), Solar and related Operation & Maintenance services across all these lines […]

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