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World’s Largest Clean H2 Infra Fund Worth €1.5 B Established

Air Liquide, TotalEnergies and VINCI, are teaming up with other large international companies to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to reach 1.5 billion euros and has already secured initial commitments of 800 million euros. Its objective is to accelerate the growth of […]

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An Electric Drive On Leh-Manali Route Possible, as 18 EV Stations Come Up On Route

Shuchi Anant Virya, the joint venture company between India’s largest EV based mobility solutions provider, Lithium Urban Technologies and Fourth Partner Energy, the solar enterprise focused on commercial and industrial businesses, today announced the setting up of a network of electric vehicle charging points along the Manali-Leh route in the Ladakh region, thereby enabling EV […]

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I Squared Capital Sets Up New Renewable Energy Platform

Global infrastructure fund manager I Squared Capital has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy in Continental Europe. The platform will develop, re-power, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery […]

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New Electricity Rules Make Transmission Access Simpler

The Ministry of Power (MoP) has released the Electricity (Transmission System Planning, Development and Recovery of Inter-State Transmission Charges) Rules 2021, which are aimed at allowing power sector utilities easier access to the electricity transmission network across the country. Transmission system is the vital linkage in the power sector value chain connecting generation and demand. […]

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BASF Turns on 5.8MWh NAS Battery System in Belgium

German chemicals company BASF’s subsidiary BNB has installed and switched on an energy storage system comprising four NAS battery containers, which have been integrated into the electricity grid at BASF’s Verbund site in Antwerp, Belgium. NAS batteries are sodium-sulfur batteries with high energy content that are designed for stationary electricity storage. With this long-term project, […]

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Vestas & Casa dos Ventos to Build 189 MW Wind Project in Brazil

Danish wind turbine manufacturer Vestas has signed a new agreement with Casa dos Ventos for a 189 MW wind project in Rio Grande do Norte, Brazil. As the fifth contract between the companies, the order takes the cooperation to surpass the 1.7 GW mark and highlights Casa dos Ventos’ position as Vestas’ largest customer in […]

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Fimer To Launch Residential Inverter and Storage Platform

Global Inverter major FIMER plans to unveil its innovative, high-power inverter and high-capacity storage platforms for the residential market, offering a future-proof and scalable solution for all global installations. The attention to the residential category follows a quickening of solar adoption in India in the category too, after a high growth in the C&I segment. […]

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Turbine Maker Senvion Bags 591 MW Order from JSW Energy

Wind turbine maker Senvion has been awarded a 591 MW project by JSW Energy. Senvion turbines will be deployed in JSW Energy’s ongoing pipeline of ~ 2.5 GW of renewable projects which are under construction. Senvion India, owned by Saudi Infrastructure major Alfanar group, has been a key player in India’s wind equipment market. The […]

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IEX Clocks 59% YoY Trade Volume Growth during September

The Indian Energy Exchange (IEX) traded 8,997 MU electricity volume and achieved 59% YoY growth in September’21, according to the power demand data published by the National Load Dispatch Centre. The data also showed that the national peak demand in September’21 saw a 2% YoY increase, with the highest ever peak demand at 180.7 GW, […]

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