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First Solar

Taiwan’s Gogoro Inc Partners with Hero MotoCorp to Enter EV Market

Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in India’s rapidly developing EV market. According to the company’s chairman and CEO, Horace Luke “The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from […]

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ACWA to Develop Wind Projects of 1.1 GW in Egypt

ACWA Power has said that it has signed an agreement to develop a 1.1GW wind project in Egypt. The official statement mentions that the wind project will come up with an investment value of $1.5 billion. The signing ceremony of the agreement took place at the headquarters of the Egyptian General Authority for Investment and […]

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Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs

The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […]

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Attero Picks Telangana For Its Advanced Li-ion Battery Recycling Plant

Attero Recycling, India’s largest electronic waste recycling and the world’s largest Li-ion battery recycling company, today announced that it will invest ₹600 crores to set up a state-of-the-art integrated Lithium-ion battery recycling factory in Telangana. The facility will be spread over 50 acres and will increase Attero’s Li-Ion battery recycling capacity to 19,500 MT by […]

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Shapoorji Pallonji’s FPSO Armada Sterling-V Achieves Sail-Away Readiness

India’s sole specialist in Floating Production Storage and Offloading Units (FPSOs), Shapoorji Pallonji Oil & Gas Pvt Ltd (SP O&G) has achieved a significant milestone of sail-away readiness for its FPSO Armada Sterling V at Sembcorp Shipyard in Singapore. The FPSO is owned by a 70:30 joint partnership between SP O&G and the Malaysian Bumi […]

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After Promising Start, Karnataka Increases GIM Investment Plans

After the Global Investors’ Summit got off to a strong start, Karnataka increased its fundraising target by Rs 2.5 lakh crore to Rs 7.5 lakh crore, according to Union Finance Minister Nirmala Sitharaman. “When this global meeting was first being arranged, their initial expectations and goals were in the neighborhood of 5 lakh crore. Now […]

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Wind Energy And Battery Storage To Combine For Baseload Supply To BHP In Australia

Baseload power, the final hurdle for renewable energy, especially wind and solar, looks set to face its first assault from renewables. French renewable energy developer Neoen, which has been involved with multiple big battery and renewable projects in Australia, has signed a first of its kind “baseload” contract with mining first BHP to supply power […]

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Longi Introduces Hi-MO 6 Modules for Global DG Market

Leading solar technology manufacturer LONGi has announced the introduction of the Hi-MO 6 which is its first module designed exclusively for the global distributed consumer market. LONGi claims that based on its high efficiency HPBC cell technology, Hi-MO 6 achieves a maximum efficiency of 22.8% in mass production. Designed to meet the needs of diverse […]

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Tata Power Signals Strong EPC Recovery In Renewables At Q2 Analyst Meet

For Tata Power Limited, the FY 23 Q2 results have been a time to cheer, with record revenues and profits for the quarter.  Total revenues at Rs 14, 163 crores were  almost 50% higher than revenues in the corresponding quarter last year. Net profits came in even higher, up 85% at Rs 884 crores, versus […]

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