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Tata Group to Build Rs 13,000 Crore EV Battery Plant in Gujarat

India’s industrial conglomerate Tata Group has signed an MoU with the state government of Gujarat to build a lithium-ion cell factory in the state. As per the terms of the agreement, the lithium-ion cell factory will come up with an investment of about Rs 13,000 crore ($1.6 billion) in Sanand. The deal was signed by […]

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Indian Military Installs Its First Solar Plant At Narengi Station-Assam

With an objective of providing green and reliable power to its troops, the Indian Army is transforming the Narengi Military Station into a completely renewable-based military facility. The Narengi Military Station is situated near Guwahati, Assam and the army has installed a solar power plant at the military station which has a capacity of 1-MW. […]

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Westbridge Inks Pact With MYTILINEOS to Monetize 1.4 GW Solar Portfolio

Vancouver-headquartered Westbridge Renewable Energy Corporation has signed a definitive agreement in connection with the purchase by Metka-EGN, which is a subsidiary of MYTILINEOS Energy & Metals, of a portfolio of five solar projects located in Alberta, Canada from Westbridge. The solar power projects have anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation. […]

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NTPC Green, UPRVUNL Sign Pact To Develop Floating Solar, RE Parks 

NTPC Green Energy Limited recently signed a pact with the Uttar Pradesh Rajya Vidyut Utpadan Nigam Limited (UPRVUNL) to develop renewable energy parks, floating solar, and other solar projects in Uttar Pradesh through a collaborative approach.  The green arm of the NTPC said that the move would likely boost the company to facilitate the Indian […]

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Head SCM-Solar

To manage supply chain in line with business requirement by bringing standardisation in purchase processes, developing flexible planning & control procedures and maintaining TAT of all processes. Responsibilities:- To go through and evaluate the Technical specification after handed over of documents by concerned stakeholders. Should be capable of arriving at tentative cost of commodity by […]

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Hyundai Mobis Constructs New Battery Plant in Indonesia

South Korean automotive supplier Hyundai Mobis has started the construction of a new EV dedicated battery system plant in Indonesia that will be completed by the first half of 2024. It said that it intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult […]

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Capgemini Offices in India Reach 100% Renewable Energy

Multinational information technology services and consulting firm Capgemini has announced that its facilities in India are operating on 100 percent renewable energy (RE). This allows the firm to avoid over 70,000 tonnes of carbon emissions per annum. The firm transitioned to 100 percent renewable energy through onsite renewable energy generation, offsite renewable energy purchase through […]

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Trina Solar Joins Chinese Peers With Major Expansion Plans

Trina Solar joins fellow Chinese solar giants Longi and Jinko Solar to announce major new expansion plans. In a recent announcement, Trina Solar said it will invest around CNY8.7 billion (USD1.2 billion) in a new plant and related facilities in China’s Sichuan province. The Changzhou headquartered firm has been a major player in the solar […]

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Natixis CIB Closes $364m Financing For Chilean Solar Projects

Natixis Corporate & Investment Banking (Natixis CIB) has closed a $364 million financing for a portfolio of a solar PV utility-scale and PMGD plants in Chile. These solar projects are owned and operated by Solek Holding and the portfolio has a combined capacity of about 284-MWdc. Natixis CIB acted as sole debt structuring advisor for […]

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