Torrent Power raises INR 3,500 crore through QIP
Top investors include SBI Mutual Fund, Kotak MF, NPS Trust, New World Fund, American Funds Insurance Series Global Growthfund, and Nippon Life.
THDC empanels consultant for pumped storage projects across India
The empanelled company will prepare detailed projects reports for THDC’s upcoming pumped storage projects across India.
TKIL Industries enters green hydrogen in alliance with Switzerland’s SoHHytec
TKIL Industries will be SoHHytec’s exclusive partner in India to manufacture and supply specific equipment as well as implement and install direct solar-to-green hydrogen projects.
The Hydrogen Stream: Greenzo Energy, EODev partner to launch Toyota hydrogen fuel cell-powered generators in India
Greenzo Energy will introduce EODev’s emission-free generators powered by Toyota hydrogen fuel cell technology in India and Nepal. This long-term partnership also includes provisions for local assembly of EODev products by Greenzo Energy.
New sodium-ion developments from CATL, BYD, Huawei
Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.
SECI withdraws debarment notice issued to Reliance Power
Solar Energy Corp. of India Ltd (SECI) has withdrawn the debarment notice issued to Reliance Power with immediate effect. Accordingly, the Company and its subsidiaries, except Reliance NU BESS Ltd (formerly known as Maharashtra Energy Generation Limited), are eligible to participate in all tenders issued by SECI.
How developing economies are leading the surge in solar power
Favorable government policies have played a crucial role in driving the adoption of solar energy in emerging economies. However, investment in grid modernisation and energy storage solutions is crucial to unlock the next level of sustainable solar integration in these economies.
GUVNL allocates 500 MW/1,000 MWh battery storage with VGF at INR 2.26 lakh/MW/month
HG Infra Engineering (250 MW), Bhilwara Energy (100 MW), Kintech Synergy (100 MW), and Advait Infratech (50 MW) have emerged winners in Gujarat Urja Vikas Nigam Ltd’s Phase-IV standalone battery energy storage (BESS) tender for 500 MW/1,000 MWh capacity.
The Hydrogen Stream: IIT Bombay, HSBC green hydrogen programme selects six innovative projects for incubation
The shortlisted technologies and solutions include energy-efficient green hydrogen generators, indigenous hydrogen storage systems for commercial vehicles, and alternative combustion burners to improve air quality.
Germany commits €24 billion to build national hydrogen network
KfW Development Bank has offered €24 billion ($25.2 billion) grant to bridge the gap between network operators’ high investment costs and the initially low revenues from network charges.
