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News In Brief Dec 11: CATL in Spain, Husk Power, EVLO’s First BESS

Stellantis And CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain Stellantis, the maker of the iconic JEEP,  and CATL recently reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant […]

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States Open Up With More Land Bank Policies For RE Projects

Marred by hurdles in land acquisition for new renewable energy projects, several Indian states are now coming up with innovative solutions like land banks to tackle the issue of land for green projects. Over the past few months, various states have announced or initiated plans to allocate dedicated land for green projects. Uttar Pradesh Earlier […]

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INOXGFL Group Forays Into Solar Modules, Cell Manufacturing

Noida-based wind energy company INOXGFL group has announced a foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. The move ostensibly completes the group’s interests across the entire renewable energy ecosystem. to make it what it hopes will be the one of the deepest integrated groups in India in the […]

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Mahindra Adds New Subsidiary Velos Hybren To Expand RE Portfolio

Mahindra Susten (MSPL) recently incorporated Velos Hybren Private Limited (Velos Hybren) as its step-down subsidiary to spur renewable energy growth. Velos Hybren has been established to produce and sell power, generate electricity, act as an Independent Power Producer (IPP), and facilitate distributed energy solutions, including rooftop solar installations for commercial, industrial, institutional, and residential segments. […]

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Gentari, AM Green In 650 MW RTC Deal For Green Ammonia Plant

Clean energy solutions provider Gentari, through its subsidiary Gentari Renewables India Castor One Private Limited and AM Green Ammonia India have executed a firm and binding Power Purchase Agreement. Under the agreement, Gentari will be supplying 650 MW round-the-clock, carbon-free energy to power AMG Ammonia’s upcoming green ammonia facilities in Telangana, under a long-term Power Purchase […]

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Reliance NU Energies Makes Key Appointments

Reliance NU Energies Private Limited, a subsidiary of Reliance Power, has inducted two key people in its leadership: Mayank Bansal as Chief Executive Officer (CEO) and Rakesh Swaroop as Chief Operating Officer (COO), who have a combined experience of over 40 years in the energy sector. The two energy sector veterans will helm Reliance Power’s […]

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Green Stocks Dec 10: Waaree Energies Stock Price Soars 5.68%

The renewable energy sector saw mixed action in the stock market today. Waaree Energies led the pack with a 5.68% surge, followed by Borosil Renewables, which climbed 3.61%. Maintaining its positive momentum, NTPC Green’s stock price also rose by 1.29%. Meanwhile, the Madhya Pradesh-based Shakti Pumps posted a modest gain of 0.34%. However, it wasn’t […]

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Juniper Green Inks Landmark 1GW Module Order With First Solar

Juniper Green Energy has inked a landmark agreement with First Solar, Inc. for the procurement and supply of 1 gigawatts (GW) of its advanced Series 7 FT1 cadmium telluride (CdTe) thin film photovoltaic (PV) modules. The Gurgaon -based renewable energy company plans to deploy these modules in the coming financial year for its projects across […]

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Geotab Study On EV batteries Underscores Second Life Potential

Battery degradation is a natural process that reduces the amount of energy a battery can store or the power it can deliver. In electric vehicles (EVs), however, power degradation is rarely noticeable because the battery’s power output often exceeds the vehicle’s requirements, as found in a research paper by Geotab, a global market transportation solutions […]

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