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Sterlite Power Acquires Beawar Transmission Limited Project from REC

Sterlite Power, a power transmission developer and solutions provider in India and Brazil, has announced the acquisition of Beawar Transmission Limited, a Special Purpose Vehicle (SPV) from REC Power Development and Consultancy Limited- a wholly owned subsidiary of Rural Electricity Corporation. The project was awarded to Sterlite Power through the Tariff Based Competitive Bidding (TBCB) […]

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Suzlon Bags 29.4 MW Wind Power Order from BrightNight

Suzlon Group, a renewable energy solutions provider, has announced a new order win for the development of a 29.4 MW of wind installed capacity for 100 MW co‐located wind‐solar hybrid project of BrightNight, a global renewable power producer. Suzlon will install 14 units of their S120-140m wind turbine generators (WTGs) with a Hybrid Lattice Tubular […]

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RWE Decides To Build 35-MW Battery Storage For Biomass Plant

RWE has announced its final investment decision to build a Dutch battery storage project with an installed power capacity of 35 MW and a storage capacity of 41 MWh. A total of 110 lithium-ion battery racks will be installed at RWE’s biomass plant in Eemshaven on an area of around 3,000 square metres. RWE plans […]

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LOHUM Provides Nepal Indian Alternative to China by Supplying 25,000 MT EV Battery Materials

LOHUM, a producer of sustainable energy transition and battery materials through integrated recycling, repurposing, and refining, is partnering with Nepal’s EV ecosystem partners that are selling MG, Stellantis, and Tata EVs. The diverse pool of EV sector partners will also eventually include Volkswagen, Suzuki, Renault, and Mahindra EVs enter recycling, among others. The partnership will […]

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Tata Power Renewable Energy Ltd & Dugar Power Partner for Nepal’s Renewable Energy

Tata Power Renewable Energy Limited (TPREL), a subsidiary of the Tata Power Company Limited and a leading renewable energy player in India, has signed an agreement with Dugar Power Private Limited (Dugar Power), a subsidiary of Dugar Group- a prominent business house in Nepal. The agreement is designed to cater to Nepal’s diverse energy requirements, […]

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Shanghai Electric Firm Secures RMB400 Million Towards Energy Storage Business

Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric has announced that it has received RMB400 million in Series A financing that will be used to inject added vitality into the development of its energy storage business. Shanghai Electric will focus on promoting the research and development of new systems, promoting its […]

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2023 To See China, India EV Sales Go Beyond 10 Million For First Time

Even as industry celebrated crossing the 1 million EV sales mark in India by September, the global leader, China is expected to surpass 10 million new energy vehicle sales this year, according to a recent report. EVs accounted for 6.4 per cent of the total automobile sales in the country this year, with two wheelers […]

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TotalEnergies to Invest $300 Mn in JV with Adani Group for Green Energy

French multi-energy firm, TotalEnergies, will make an investment to the tune of $300 million in a 50-50 joint venture with Adani Green Energy. This initiative is towards the generation of solar and wind energy in India.  The joint venture between the two firms sets sights on 1,050 MW of power. The investment by TotalEnergies will […]

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