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Annual Global Investment in Energy Transition Tech Touched Record Level of US$ 1.1 Trillion in 2022

Deloitte’s recent report on India’s energy transition pathway, highlights three pillars of the energy transition pathway. The report mentions three important components in energy transition: grid decarbonisation, industrial decarbonisation, and transport transition. Investments in Energy Transition In 2022, annual global investment in energy transition technologies touched a record level of US$ 1.1 trillion, witnessing a 31 […]

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German 400 MW Solar Plus Storage Tender Sees Oversubscription

Germany has concluded its latest round of the 400 MW solar tender that comes with storage. The Federal Network Agency shortlisted 408 MW worth of projects. Interestingly, this round of the innovation tender attracted unprecedented interest from the bidders. The round saw a total of 53 bids with a cumulative capacity of 779 MW. Of […]

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Vestas Bags 1,220 MW Capacity Orders for Wind Turbines from Europe & US

Vestas, a Denmark-based wind turbine manufacturing firm, has entered into a series of new contracts to supply 1,220 MW of onshore and offshore wind turbines cumulatively to projects located in Europe and the United States. Eyeing the European Market Vestas is set to take over the European market, where it has bagged the majority of […]

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Solar Trailblazers: Surat Hosts Mega Solar Industry Event 

The textile city of Surat in Gujarat recently hosted one of the biggest industry conglomeration events in the city–Solar Trailblazers. The event recognized several ‘Make-In-Gujarat’ solar industry players who have thrived and expanded across the country with their cleantech products, ranging from solar modules and energy storage devices to installations of renewable energy systems. The […]

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ONGC Signs MoU With NTPC Owned NGEL For Renewable Push

NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […]

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Shuzlan Energy, Transvolt Mobility in Deal For 350 Bus Charging Points

Shuzlan Energy Private Limited, a trailblazing name in the EV charging infrastructure sector, has announced a significant partnership with Transvolt Mobility. This strategic collaboration marked a key milestone in the journey towards electrifying public transportation with the signing of an agreement to provide India’s largest EV Charging Point Operator (CPO) infrastructure for 1,000 buses. These […]

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Musashi, Delta and Toyota in JV For EV Drives

Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has entered into a joint venture with Delta Electronics, Inc. (Delta) and Toyota Tsusho Corporation (Toyota Tsusho) to sell EV drive units for two-wheeled vehicles in India. […]

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