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Nordex Group Bags 106 MW Lithuanian Wind Turbine Order

German wind turbine maker and seller, Nordex Group has announced that it has signed a contract with renewable energy developer E energija group for the supply and installation of wind turbines for a 106 MW wind project in Lithuania. Nordex Group said that the contract was signed March end. The order includes supply, delivery, and […]

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Jakson Group Poised for Manufacturing Expansion Through Agreement with Jinchen Corp

Indian energy group Jakson Group, has signed an agreement with Jinchen Corp, a turnkey supplier of advanced solar module manufacturing equipment and technology in China. The association is a step forward in Jakson Group’s targets to expand its solar PV manufacturing capacities further in India upto 3 GW annually. It will also strengthen its plans […]

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Crash in Lithium Prices: A Boon for EV Buyers or Unsustainable Trend?

Prices of the so-called ‘White Gold’ has been declining for the past few months. Lithium is a common ingredient in almost all electric-car batteries we use today. The drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. For instance, last month, Tesla lowered the prices of its two […]

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Statiq to Build 500 EV Chargers for HPCL Across 12 States

Electric vehicle charging network startup Statiq has announced that the company has received a contract to develop more than 500 electric vehicle charging stations for state owned oil marketing company HPCL. As per Statiq, these EV chargers will come across 12 states of India: Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Himachal Pradesh, Kerala, Madhya Pradesh, Maharashtra, […]

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South Pole And Oorja To Use New D-RECs For India’s Diesel Problem

The D-REC Initiative, a new not-for-profit platform to deliver internationally recognised guarantees of origin from distributed renewable energy, has announced that its new market mechanism and technology has been adopted by farming-as-a-service company, Oorja Development Solutions, and climate advisory and finance business, South Pole, to support last-mile communities in India transition to renewable energy. Approximately […]

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Sushil Virmani is New Managing Director of Best Power Equipments (BPE)

End-to-end strategic power solutions manufacturer Best Power Equipments Pvt Ltd (BPE) has appointed Sushil Virmani as the Managing Director of the company. The company said that Sushil Virmani, a veteran of the power industry, will be instrumental in fueling the growth of BPE as a global player. Before this, Virmani was the MD of Socomec […]

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CERC Cuts Ceiling Price For Power Trading, HP-DAM Peak Cut From Rs 50 To Rs 20/unit

The Central Electricity Regulatory Commission (CERC), in its latest suo-moto order has approved a reduction of the ceiling prices for different existing Day-Ahead Markets (DAM). It comes days ahead of the summer season when the peak demands are anticipated to escalate sharply, with the government making strenuous efforts to keep the lights on with a […]

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Chinese Equipment Maker Mingyang Wins First Japanese Offshore Wind Deal

In what is likely to be seen as a key milestone for Chinese Wind Energy manufacturing, Ming Yang Smart Energy Group, a Chinese maker of wind power equipment, said it has shipped its turbine generator system to Nyuzen-machi Offshore Wind Farm, the first Japanese offshore wind power project to use turbines made in China. Mingyang […]

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Ascend Elements Opens Largest EV Battery Recycling Facility of North America

As recycling continues to emerge as a key pillar of the Lithium battery question, Ascend Elements has opened its first commercial-scale lithium-ion battery recycling facility this week. The facility is claimed to be the largest in the US, the world’s largest auto market. Ascend Elements said that located in Covington, Georgia, the $50 million Base […]

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