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Azelio Signs MoU With Atria Power for 65 MW Storage in India

Swedish energy storage firm Azelio has signed an MoU with Atria Power to collaborate on installing 65 MW capacity of energy storage capacity in India by 2025 Swedish energy storage company Azelio and India’s Atria Power have signed a Memorandum of Understanding (MoU) to collaborate on installing over 65 MW capacity of Azelio’s energy storage […]

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Siemens Gamesa Wins 325 MW Onshore Wind Projects in Texas

Siemens Gamesa has been awarded two new onshore wind project sites in the state of Texas with a total installed capacity of 325 MW. Siemens Gamesa Renewable Energy (SGRE) has been awarded two new onshore wind project sites in the state of Texas with a total installed capacity of 325 MW. The projects include the […]

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Andhra Pradesh to Introduce Agriculture Electricity Cash Transfer Scheme

Andhra Pradesh has introduced the Agriculture Electricity Cash Transfer Scheme that will virtually do away with the free power supply to the farming sector. The state government of Andhra Pradesh is all set to introduce the Agriculture Electricity Cash Transfer Scheme from the 2021-22 financial year that will virtually do away with the free power supply to […]

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Amp Energy India Appoints Surendra Gupta as Director and CFO

Amp Energy India has appointed industry veteran Surendra Gupta as Director and CFO to lead the finance function amid its India expansion plans. Amp Energy India, a leading renewable energy company has announced that it has appointed industry veteran Surendra Gupta as Director and Chief Financial Officer (CFO) to lead the finance function amid its […]

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Captive Cogeneration Plants To Meet RPO Obligations Out Now, Says MERC

In a ruling that will await final judgement on a challenge in the Mumbai High Court, the Maharashtra Electricity Regulatory Commission (MERC) has ruled to  eject a petition from JSW Steel to consider power produced from its fossil fuel based co-generation plant as a set off for its Renewable Purchase Obligations (RPO) in the state. […]

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Amazon Adds 1800 EVs From Mercedes-Benz to its Delivery Fleet in Europe

Amazon has announced that it is adding more than 1800 electric vehicles (EVs) from Mercedes-Benz Vans to its delivery fleet in Europe this year. Global e-commerce major Amazon has announced that it is adding more than 1800 electric vehicles (EVs) from Mercedes-Benz Vans to its delivery fleet in Europe this year. Both the firms have […]

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NTPC Planning to Raise up to Rs 15,000 Crore Via Bonds

NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. NTPC will seek shareholders’ nod to raise up to Rs 15,000 crore through issuance of bonds in the annual general meeting scheduled for next month. The funds are proposed to […]

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After Gurugram, E-bike Startup Yulu Starts Operations in Mumbai

Yulu as part of its MoU with MMRDA on January 31, 2020, is providing a total of 500 e-bikes at 25 different locations across Mumbai. Bengaluru-based electric bike-sharing platform Yulu has started its services in and around BKC, and Bandra East and Kurla stations in Mumbai. Backed by Bajaj Auto, the two-year-old startup had entered […]

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Schneider Electric Acquires Electrical & Automation Business of L&T

Larsen & Toubro (L&T) has successfully completed the strategic divestment of its Electrical & Automation business to Schneider Electric One of India’s leading engineering, technology, construction and financial services conglomerates – Larsen & Toubro (L&T) has announced that it has successfully completed the strategic divestment of its Electrical & Automation (L&T E&A) business to Schneider […]

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