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AMPIN, Danish investor CIP expand partnership for renewable energy projects in India

AMPIN Energy Transition and Copenhagen Infrastructure Partners have expanded their existing collaboration with $300 million joint equity investments to enable the addition of 2 GWp of renewable energy projects across India. This new partnership along with the existing one will create a $2.7-3 billion renewable energy asset base in India.

Waaree Energies Q2 profit grows 17% YoY

Waaree Energies has reported a total income of INR 3,663.46 crore and net profit (profit after tax) of INR 375.66 crore for the second quarter of FY 2024-25.

The Hydrogen Stream: NTPC setting up sea water to green hydrogen plant at Simhadri

NETRA, the R&D centre of NTPC, is setting up a 1 tpd seawater to green hydrogen plant at NTPC Simhadri coal-fired power plant near Visakhapatnam in Andhra Pradesh.

NTPC, ONGC form joint venture company for renewable energy, storage projects

ONGC NTPC Green Pvt Ltd will explore and set up renewable energy (RE) projects in India and overseas through greenfield development and acquisitions. It will also explore and harness opportunities in the fields of energy storage, e-mobility and ESG (Environmental, Social and Governance) compliant projects.

UltraTech to deploy 100 more EV trucks in its logistics operations

The scale-up follows successful pilot commenced in January 2024 with five electric vehicle (EV) trucks.

ACME Sun Power secures INR 3,753 crore loan from REC

ACME Solar’s arm ACME Sun Power has secured INR 3,753 crore loan for the development and construction of firm and dispatchable renewable energy (FDRE) projects totaling 320 MW in Rajasthan and Gujarat.

Rishabh’s string inverter business records 300% YoY growth in H1 revenue

Indian manufacturer Rishabh Instruments designs, develops and manufactures solar string inverters with technology acquired from GEFRAN S.pA., Italy.

Premier Energies to enter aluminium frame manufacturing

Premier Energies, a solar cell and module manufacturer in India, will set up an aluminium frame manufacturing facility with a capacity of 36,000 metric ton per annum for captive consumption.

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Oriana Power H1 revenue up 461%, PAT up 748%

Oriana Power has reported revenues of INR 359.54 crore and net profit of INR 48.57 crore during the half-year ended September 30, 2024.

Lithium battery recycler Attero achieves ISO 14064 certification for GHG emissions verification

Attero is the first Indian company in the e-waste recycling industry to secure the ISO 14064 Certification for GHG Emissions Verification.

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