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Indian Oil, NTPC Form JV For 650 MW RE

India’s largest power producer state owned NTPC and Indian Oil Corporation Limited have formally inked a joint venture company recently, mandating the former to produce round-the-clock 650 MW renewable energy required by the upcoming projects of the refineries in Indian Oil. Released by the companies, a statement reads that the JV was necessitated by a […]

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Greenko’s Cloud Platform To Offer Discoms Energy Storage Solutions

Hyderabad-based Greenko Group has hit launched a cloud storage platform to offer discoms and industries energy storage solutions on demand. Mahesh Kolli, founder, president, and joint managing director of Greenko Group has been quoted as saying, “While the users can own the green energy project, storage would be offered as a service contract. The company […]

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Hindalco, Phinergy And IOP Forge Partnership For Development Of Aluminium-air Batteries

Metal major Hindalco Industries Ltd has signed an MoU with Israel based battery maker Phinergy and IOC Phinergy Private Ltd (IOP). This collaboration will pave the way for Phinergy and IOP to work with Hindalco in India for R&D and pilot production of aluminium plates for Aluminium-Air batteries. It will facilitate recycling of aluminium, following […]

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GM, Pilot Company To Establish Coast-to-Coast EV Fast Charging Network in USA

GM and Pilot Company (Pilot and Flying J) have announced partnership for DC fast charging network that will be installed, operated and maintained by EVgo through its eXtend offering in the United States of America. The key objective behind this is to advance adoption of EVs, while also accelerating access to charging and making possible […]

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Torrent Power Eyes Expansion Through New Acquisitions & Bids

The annual report of Torrent Power reveals that the company is looking to expand its renewable energy portfolio by the way of fresh acquisitions of existing projects. Torrent is also keen to enter the sectors of transmission and distribution through privatization and franchising. The total power producing portfolio of Torrent currently stands at 4,975 MW […]

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India’s RE May Fall Short Of 2030 Target By 104 GW: GlobalData

A new report has predicted that current growth trend of renewable energy production may pull India 104 GW short of the 2030 renewables target. 2030 RE target requires India, according to GlobalData, to add more than 38 GW of renewable capacity every year from 2022 to 2030. Ironically, Central Electricity Authority has predicted that India […]

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Lowest Tariff Of Rs. 2.84/kWh Discovered In GUVNL 500 MW Wind Auction

In Gujarat Urja Vikas Nigam’s (GUVNL) auction to buy power from 500 MW of grid-connected wind power projects, Rajpur Renewables, Juniper Green Energy, Solarcraft Power India 3, O2 POwer, TEQ Green Power XII, ACME Pokhran Solar, and Project Twelve Renewable Power were proclaimed winners (Phase-III). The greenshoe option for the tender had an additional capacity […]

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Gujarat Allots 6000 Ha Land For Renewable Energy Park In Banaskantha

In a key decision, the state government of Gujarat has decided to make an allotment of more than 6,000 hectares of land for the development of a mega size renewable energy park. The large RE facility will come up in Banaskantha district that lies in the Rann of Kutch. This is one of the largest […]

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NHPC To Catalyze Green Hydrogen Technologies In Leh, Kargil

State-owned National Hydroelectric Power Corporation (NHPC) has announced the signing of two Memorandum of Understandings (MoUs) for the establishment of ‘Pilot Green Hydrogen Technologies’ in Leh and Kargil districts of Ladakh. The official statement says that the projects are in keeping with the country’s ambition to mitigate the carbon footprint in the power sector.   […]

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