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LGES, Hyundai Motor Form JV for $4.3 Bn Battery Manufacturing

Global EV conglomerates LG Energy Solution (LGES) and Hyundai Motor Group have announced an EV battery cell manufacturing joint venture in the USA by signing an MoU. Under the agreement, LGES and Hyundai Motor will produce EV batteries in the USA and further accelerate the electrification efforts of Hyundai Motor in North America. The signing […]

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Trials Show No Negative Impact of Agrivoltaics on Crop Yield: Report

A latest report from think-tanks working in the renewable energy sector claimed that better-designed pilot projects had shown that there was no negative impact on the growth of crops grown under agrivoltaics. The new paper was jointly produced by Canada-based International Institute for Sustainable Development (IISD), Consumer Unity and Trust Society International (CUTS) and the Deutsche […]

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World’s First Megawatt-Class AEM Electrolyser Unveiled by Enapter AG

German electrolyser manufacturer Enapter AG has unveiled ‘AEM Multicore’ – the world’s first megawatt-class AEM electrolyser for the production of green hydrogen. The megawatt electrolyser was unveiled in the presence of Mona Neubaur, German Minister for Climate Action and Energy. With the AEM Multicore, Enapter AG says it ushers in a new era in environmentally […]

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UKA To Build 120 MW Wind Farm For Mercedes-Benz

Global automaker Mercedes-Benz has announced plans for installing a wind energy farm of over 120 MW at its test track in Papenburg, Northern Germany. It has also awarded a long-term contract worth hundreds of millions to German energy park developer UKA (Umweltgerechte Kraftanlagen GmbH & Co. KG) under which UKA will erect about 20 wind […]

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MNRE, States Discuss Ways To Achieve 500 GW Renewable Target  

The Ministry of New and Renewable Energy (MNRE) discussed with different states in the national capital to review the progress of various renewable energy programmes in the country. In its brainstorming session, the ministry told the states that India had already achieved 172 Gigawatt (GW) of renewable energy while works are in different stages to […]

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Lead- New Product Introduction

Leads NPI programs or a portfolio of NPI programs consisting of technology, process, and equipment improvements. Responsible to lead coordination of Manufacturing Operation resources & Manufacturing Shop Floor execution to support New Process change Programs. Responsible to coordinate Manufacturing Operation resources to achieve and complete New Process change Training & Certification. Responsible to coordinate Manufacturing […]

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Waaree Renewables Doubles Q4 Net Profit; FY23 Net Profit Fivefold

Waaree Renewables Technology Ltd (WRTL) has announced its financial results for the last quarter and full year FY-2023. The company declared a consolidated net profit of Rs 12.3 crore in the March 2023 quarter marking an 81% increase year-on-year. Waaree also reported a revenue of Rs 351 crore in the full financial year 2023, which […]

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ACWA to Invest $120 Million in Uzbekistan Renewables Afresh

Saudi Arabia’s ace renewable energy developer ACWA Power has inked two key agreements at the EBRD 2023 Annual Meeting and Business Forum in Samarkand to advance Uzbekistan’s target to decarbonise 35% of its energy sector by 2030. In the first set of agreements with the chemicals company, Uzkimyosanoat of Uzbekistan, ACWA Power will decarbonise the […]

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NTPC Reports Highest Ever Annual Generation, 32% Surge In Income In FY23

The National Thermal Power Corporation of India (NTPC) today announced its Q4 and FY23 Financial Results. The leading power generator of the country claimed that during FY23, it reported the highest-ever annual generation of 399 Billion Units (BU) compared to 361 BU in FY22, registering a growth of around 11 percent.  The audited results of […]

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