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CI NMF Commits $100 M to RE Investments with Amp Energy India

RE-focussed fund management company Copenhagen Infrastructure Partners (CIP) has signed an investment agreement through its Copenhagen Infrastructure New Markets Fund I (CI NMF) with Amp Energy India Private Limited. The agreement enables joint equity investments in excess of USD 200 million in renewable energy projects in India, with the potential for future expansion. Amp India […]

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OMERS Infrastructure to Pay $219 M for 19.4% Stake in Azure Power

Canada-based OMERS Infrastructure recently announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited, for a total consideration of approximately US$219 million. Founded in 2008, Azure Power is a leading independent renewable power producer located […]

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Hindustan Zinc To Use BEVs in Underground Mining, Partners with Normet Group

Indian mining major, Hindustan Zinc Ltd. (HZL), today announced its big plan for decarbonization of its mines. HZL has partnered with Normet Group that works for making underground mining and tunnelings digitalized and sustainable, to introduce India’s first battery electric vehicles (BEVs) in underground (UG) mines.  HZL’s CEO MR, Arun Misra has announced an investment […]

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Assistant Manager – Mechanical Maintenance

This position is responsible to ensure improvement projects and effective up keep and maintenance of Tooling (Carcass drum, shaper drum, B&T Drum) and Material handling equipment (Manual and Power) at Halol plant to ensure maximum machine availability and minimum downtime on account of breakdown. The incumbent shall also lead the improvement projects at the plant […]

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Sr. Manager Technical- Heat Engineering

Process  & Product:- Lead activities that involve issuing reports, conducting product quality audits, issuing and dispositioning held up product, process and material specifications related to maintaining and improving the product quality within the manufacturing process. Validate and release new curing press with in project timeline. Lead and execute Thermocouple study and validation processes as per […]

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CESL Signs Agreement with HPCL to Set up EV Charging Infra

Convergence Energy Services limited (CESL), a wholly owned subsidiary of Energy Efficiency Services Limited (EESL), has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) for setting up of charging infrastructure in select retail outlets in several cities across the country. Spanning 10 years, the agreement entails CESL and HPCL to jointly undertake setting up […]

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AEMO Plans 5 Energy Scenarios for Net Zero Latest by 2050

The Australian Energy Market Operator (AEMO) has published its “2021 Inputs, Assumptions and Scenarios Report” (IASR) incorporating five future energy scenarios which will inform AEMO’s 2022 Integrated System Plan (ISP). One of these scenarios, Hydrogen Superpower, comprises a zero emissions grid by 2035. The five scenarios are Slow Change, Steady Progress, Net Zero 2050, Step Change, […]

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BTM Storage is Closer Than You Think In India, Says Report

Integrating large amounts of behind-the-meter (BtM) battery storage and consuming their own energy will be possible for non-residential consumers by 2025, enabling a distributed energy future, says a new report Auroville Consulting. The report findings are based on the levelized cost analysis of solar-plus-energy storage systems for consumers in Tamil Nadu. The status report titled […]

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Cell Propulsion Launches Li-ion Battery Facility in Bengaluru

Bengaluru-based mobility and EV technology startup Cell Propulsion has launched its pilot production line for Li-ion batteries at a facility which has a maximum output of 500kWh/month. The cells will be used in the company’s in-house light commercial electric vehicles. Founded by Nakul Kumar (CEO & Co-founder), Paras Kaushal (COO & Co-founder), and Supratim Nuskar (CTO), who […]

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