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Suzlon Energy Rs 1200 Crores Rights Issue Oversubscribed 1.8x Times

Suzlon Energy Limited, one of India’s top producers of wind components based on capacity, and one of the top renewable energy O&M service providers based on capacity served, recently announced the successful completion of the Rs. 240 crores partially paid-up equity share rights issue (the “Rights Issue”) that was first announced on October 11, 2022. […]

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Tata Motors to deliver 2000 XPRES T EVs to E-Cab Firm Evera

India’s auto major Tata Motors has signed an agreement with Evera, one of the earliest EV only – ride-hailing platform in Delhi NCR region, for delivering 2,000 XPRES T electric vehicles. These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator. Tata Motor held that the decision […]

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DOE Awards $100 Million to Group14 Technologies for Battery Production

Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […]

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Insurer Claims US Renewables Suffered Worst Summer of Losses

GCube insurance, a leading underwriter for renewable energy projects has highlighted the financial impacts of Extreme Weather and Natural Catastrophe events that are outpacing the development of mitigation strategies in the North American renewables market. That might mean that insurance premiums will also keep pace with the overall rise in costs the industry, particularly solar […]

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Ascend Elements, EcoPro Group Collaborate for Supply of Recycled Battery Materials

Massachusetts-based battery recycling company, Ascend Elements and South Korea-based battery materials company EcoPro Group, have signed a memorandum of understanding (MOU) to cooperate in the development, qualification, and integration of recycled battery materials into cathode products of EcoPro. The official statement mentioned that EcoPro is a cathode active material (CAM) supplier to some of the […]

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Offshore Wind Energy: Top 5 Five Things You Didn’t Know

India is blessed with a coastline of about 7600 km surrounded by water on three sides and has good prospects of harnessing offshore wind energy. There is a lot of research, innovations, and investment going on in the field of renewable. From government measures to private efforts down to regular citizens, all are contributing towards […]

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Hydrogen Firm Symbio to Invest EUR 1 Bn in Fuel Cell Production in France

Faurecia and Michelin joint venture, Symbio, has announced the global scale of its HyMotive project that is to entail a total investment of EUR 1 billion in fuel cell production across France through 2028. The official statement of Symbio held that HyMotive will multiply Symbio’s capabilities in two phases. Symbio is a global hydrogen fuel […]

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Over 3K E-Buses Will Operate In India In Next 2 Years Under Fame-ll

Over the next two years, more than 3,000 additional electric buses will operate throughout the cities of India as part of the FAME-II program. Heavy Industries Minister Mahendra Nath Pandey claims that there are currently 3.049 electric buses operating on Indian roadways. Recently, the minister announced the program’s planned departure of 175 e-buses for Gujarat […]

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Technical Paper on Hot-Dipped Galvanization vs Pre Galvanized – Developers’ Perspective

1.Preface Steel is the most common material used in almost all products i.e., from households to industrial application. Significant part of the economy is steel sector based; however, steel has one large disadvantage – its high corrosion rate. Hence protection of steel structures and components assumes great economic importance. In tropical climes like the Indian […]

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