Author: Chitrika Grover

MRF Set To Make Rs. 7.26 Crore Investment In Clean Max Omni

Chennai-based Tyre manufacturer MRF Limited recently announced its plans to acquire a 26 per cent stake in Clean Max Omni Private Limited for Rs. 7.26 crores, pivoting into renewable energy space. The tyre manufacturers entered into a captive power purchase agreement with Clean Max Omni for a hybrid power supply under the government’s captive power policy. In […]

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Himachal Pradesh Invites Private Players To Expand EV Charging Network

The Himachal Pradesh Cabinet, in a recent meeting, approved involving private players to expand the EV charging station network along the state’s six green corridors. It was highlighted that 77 EV charging stations are already operational on these corridors. The Cabinet also approved the establishment of automated testing stations for vehicle fitness assessments, utilizing advanced […]

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Govt Calls For Proposal To Develop EV Charging Sub-systems

The government recently announced a Joint Call for Proposals to develop Electric Vehicle (EV) Sub-systems. At a ceremony held at Electronics Niketan, the Ministry of Electronics and Information Technology (MeitY), in collaboration with the Ministry of Heavy Industries (MHI), launched the initiative. At the event, while announcing the Joint Call for Proposals, S. Krishnan, Secretary, […]

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Green Stocks Oct 22: It’s All Red For Green Stocks As Correction Continues

On a day when the broader market witnessed weakness right from the opening bell, our green pack did no better, failing to overcome the weakness in demand from investors. EPC players were the worst hit, with both Waaree RTL and SWREL logging approximately a 5% loss, even as Shakti Pumps and KPI Green struggled equally […]

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Clean Energy Projects Dominate In Nine BRICS Countries: Report

BRICS is set to hold its latest summit in Russia, marking the 16th annual summit for the association. The summit will take place from the 22nd to the 24th of October this year to discuss the burgeoning economic and global challenges faced by the countries. The summit also sets the stage to evaluate the changes […]

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Mercedes-Benz Opens Its Recycling Factory In Germany

German carmaker Mercedes-Benz recently opened its first battery recycling plant in Europe with an integrated mechanical-hydrometallurgical process making it one of the first car manufacturer worldwide to close the battery recycling loop with its own in-house facility. The recycling plant in Kuppenheim in southern Germany is set to boost the circular economy of automobile batteries. […]

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Global Solar Energy Costs Drop, Offshore Wind Prices Stay High: Wood Mackenzie

Globally, the Levelised Cost of Electricity (LCOE) landscape made significant advances in renewable energy technologies, with wind and solar power leading the way. The levelized cost of electricity (LCOE) is used to evaluate the net present value of the cost of electricity over generated during the lifetime of the generating system from the energy technology. […]

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Green Stocks Oct 21 – Stocks Endure Another Day With Losses

Hopes must be really high for JSW Energy’s results, for coming out as the sole stock to stay up without suffering losses today. In line with the broader market, especially the small cap and mid-cap indices, green energy stocks uniformly were down today. Losses were higher for a few like Premier Energies, but no one […]

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Maharashtra: NTPC Looks For Land To Build 600 MW Solar Project

NTPC Limited has now issued a tender seeking land to develop 600 MW of solar projects in the Dhule region of Maharashtra and the successful evacuation of the clean power from the region. The power behemoth has invited the bids from bidder with prior experience in execution for grid connected Solar PV Projects/Solar Parks or […]

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