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Hyundai Mobis Constructs New Battery Plant in Indonesia

South Korean automotive supplier Hyundai Mobis has started the construction of a new EV dedicated battery system plant in Indonesia that will be completed by the first half of 2024. It said that it intends to set Indonesia as a beachhead as the country is emerging as the heart of the ASEAN market, and catapult […]

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Ajay Yadav Assumes Charge as Managing Director of SECI

Miniratna Category-I Central Public Sector Enterprise (CPSE) Solar Energy Corporation of India (SECI) has appointed Ajay Yadav as its Managing Director. The newly appointed Managing Director served as an IAS officer from the 2005 batch of the Bihar cadre. SECI is the primary implementing agency of the Ministry of New and Renewable Energy, Government of […]

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Capgemini Offices in India Reach 100% Renewable Energy

Multinational information technology services and consulting firm Capgemini has announced that its facilities in India are operating on 100 percent renewable energy (RE). This allows the firm to avoid over 70,000 tonnes of carbon emissions per annum. The firm transitioned to 100 percent renewable energy through onsite renewable energy generation, offsite renewable energy purchase through […]

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Vestas Secures Twin Orders Of 109 MW Turbine Supply

Danish turbine manufacturer Vestas has announced that it has received two separate orders for the supply of its turbines for a combined capacity of 109 MW to Argentina and Turkey. With regards to a wind energy project in Argentina, Vestas held that it has received an order that includes supply of 16 units of V150-4.5 […]

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FORVIA Signs PPA With RPC For 417 GWh Wind Power In Europe

French automotive supplier Faurecia, owned by FORVIA, has announced that it has signed a ten-year Power Purchase Agreement (PPA) with clean energy major Renewable Power Capital in a bid to further its efforts for decarbonisation. This deal is securing almost all the output from the 417 GWh, 24 wind turbine, Klevberget onshore farm in Sweden. […]

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BESCOM To Deploy Charging Stations On Toll Plazas Of Bengaluru-Pune Highway

A move that is expected to raise electric vehicle adoption in the state of Karnataka, Bangalore Electricity Supply Company Limited (BESCOM) has planned to set up fast electric vehicle (EV) charging stations at toll plazas on the national highway that connects Bengaluru and Pune – the big metros of the region. BESCOM will deploy these […]

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Ørsted To Acquire US Offshore Wind Seabed For $625 Million

Danish RE major Ørsted has agreed to acquire 50% interest from Eversource Energy in the uncontracted federal offshore wind lease area currently owned jointly by the two companies against a consideration price of $625 million. In addition to the seabed, which is in early-stage development, the agreement also includes contracts and partnerships for key operational […]

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Kerala to Welcome Special Zone for Electric Vehicle Industry

Kerala will soon welcome a special zone for the electric vehicle (EV) industry. The announcement was made by Industries Minister for the state, P Rajeeve. It is being held that the special zone will host battery production, technology development and other areas that delve into the EV sector. The minister further stated that the government […]

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IEA Report: Expect $1.7 Trillion Investments In Clean Energy In 2023

The International Energy Agency has said that the global investment in clean energy is on course to rise to $1.7 trillion in 2023. In this journey, solar energy is set to eclipse oil production for the first time. According to the new report by IEA, about $2.8 trillion is set to be invested globally in […]

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