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JSW Steel Pledges Rs 10,000 cr For Renewable Energy Investments

JSW Group Chairman Sajjan Jindal has made a strong pitch for going green in it’s 2021-22 annual report. With an aim to reduce the carbon footprint of its operations and reduce dependence on coal based power, Jindal said that the company will be investing Rs 10,000 crore to increase it’s use of renewable energy. The […]

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New Hydrogen Powered Bus By Oil India Limited

State owned energy player, Oil India Limited (OIL) has announced that it has completed beta demonstration of its hydrogen powered bus developed by Ohm Cleantech. The innovation took place under ‘Startup Nurturing, Enabling and Handholding (SNEH)’ programme of OIL in Pune. It’s a 9-meter bus empowered by a 60kW PEM Fuel Cell engine for electric […]

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“Corporates Will Be key To Meeting India’s 450 GW Renewables Aspiration”

Srinivasan Viswanathan, CEO of Vibrant Energy is looking ahead to a great run for the firm, as the market continues to open up and throw up new opportunities. Backed by Macquarie capital’s Blueleaf Energy which owns a majority stake in the firm, Vibrant is focused on the corporate market for renewables, with a stress on […]

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ABB & Microsoft Tech. Are Coming Together for Making Society Energy Efficient

Switzerland-based, Asea Brown Boveri (ABB) has announced its collaboration with Microsoft Techto work on ‘Energy Efficiency Movement’.  ABB launched this movement in March 2021, by which ABB raised awareness and spur action to reduce energy consumption and carbon emissions to combat climate change. This is a multi-stakeholder initiative. Till now many small firms and companies […]

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Statkraft Increases Renewable Energy Targets, Chases Faster Growth

Norway’s state owned renewable energy player Statkraft has updated its growth strategy for renewable energy with a new, more ambitious targets towards 2030. The official statement of Statkraft reveals that the strategy increases the annual growth rate for onshore wind, solar and battery storage from 2.5-3 GW in 2025 to 4 GW in 2030. Statkraft […]

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Intersect Power Raises $750 Million Growth Equity Investment from TPG Rise & Others

US-based clean energy company, Intersect Power announced a $750 million growth equity investment for its renewable energy portfolio yesterday (28th June 2022). TPG Rise Climate is the dedicated investor while Climate Adaptive Infrastructure and Trilantic Energy are the additional participants in this investment.  With the help of this growth equity investment from TPG Rise & Others, Intersect […]

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Petrofac and Hitachi Energy Join Up To Tap Growing Offshore Wind Market

To provide grid integration and related infrastructure to serve the quickly expanding offshore wind business, grid automation solutions company Hitachi Energy has partnered with Jersey-based international service Petrofac. To enable the decarbonization of power networks and produce sustainable energy, the collaboration leverages the complementary core technologies and offshore wind industry knowledge of both firms. Both […]

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Haryana Approves New EV Policy, Commits To 100% e-Mobility

Haryana Chief Minister Manohar Lal Khattar and his cabinet met on June 27 and approved the State Electric Vehicle (EV) Policy 2022 inviting several EV manufacturers to avail themselves of the the financial incentives offered. Haryana will observe 2022 as year of Electric Vehicles. The EV Policy aims to protect the environment, reduce carbon footprint, […]

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