Author: Chitrika Grover

L&T Construction Wins 75MW Order For Floating PV In Jharkhand

Larssen & Toubro (L&T), an Indian multinational company engaged in EPC Projects, Hi-Tech Manufacturing and Services recently bagged an order to establish a 75MW Floating Solar Photovoltaic (PV) plant on the Panchet Dam in Jharkhand. This plant forms part of the Ultra Mega Renewable Energy Power Park being developed on Damodar Valley corporation reservoirs in […]

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SJVN Receives LoI For 200 MW Solar Power Project From GUVNL

Satluj Jal Vidut Nigam (SJVN) Limited recently received a Letter of Intent from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 200 MW Solar Power Project in GUVNL Phase XXII.  SJVN Chief Managing Director (CMD) Geeta Kapur, informed on the social media platform X, “SJVN has received a Letter of Intent from Gujarat Urja Vikas […]

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ONGC, NTPC Green Energy In Tie-Up For Offshore Wind

Oil and Natural Gas Corporation (ONGC) and National Thermal Power Corporation Green Energy Limited (NGEL) have signed a Joint Venture Agreement (JVA) to focus on offshore wind energy projects. The development was widely expected considering the push into offshore wind, and ONGC’s own experience with the domain relatively among energy majors. The agreement was signed […]

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Toyota Brings Battery Electric Vehicle Production To Kentucky

Toyota announced a $1.3 billion investment at its Kentucky facility for future electrification efforts including assembly of an all-new, three row battery electric Sport Utility Vehicle (SUV) for the United States (US) market. The project brought the plant’s total investment to nearly $10 billion and reinforced Toyota’s commitment to high-quality vehicles and long-term job stability. […]

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IFC, SIMA Invest $150 mn In Green Bonds For Solar Projects In Africa

International Financial Corporation (IFC), a member of the World Bank Group (WBG), in partnership with Social Investment Managers and Advisors LLC (SIMA Funds or SIMA) and other financiers, has reached the first close of a $150 million solar green bond, which expected to finance productive-use solar projects throughout Africa. The bond is expected to finance […]

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Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects

Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […]

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Yuma Energy Completes 10 Million Battery Swaps Within A Year

Bengaluru-based Yuma Energy has developed over 125 battery swapping stations across 5 major metros and averaged 800,000 swaps every month. Battery-as-a-service (BaaS) company, Yuma Energy, a joint venture between Magna and Yulu, has announced, the completion of 10 million lifetime battery swaps in its first year of operations. The company began operations in February 2023 […]

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GFCL EV Plans To Invest Rs 6000cr In Next Years In EV, Energy Storage

Gujarat Fluorochemicals (GFCL) EV Products Ltd, a subsidiary of Gujarat Fluorochemicals Ltd. (GFL), recently announced an investment of INR 6000 Crores (out of which approx. Rs 650 Cr is already invested till 31.12.2023) over the next 4- 5 years. This investment is to enable a supply of approx. 200 GWh/annually of electric vehicle (EV) and […]

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Servotech, Adani TotalEnergies Sign Contract To Setup EV Chargers

Servotech, a tech enabled EV Charging solutions provider, has recently signed a contract with Adani TotalEnergies E-Mobility Ltd. (ATEL) a subsidiary of Adani Total Gas Limited for setting up Alternating Current (AC) EV chargers. Servotech Power Systems will be responsible for manufacturing, supplying and Installing AC EV Chargers at different Airports and other said locations, […]

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