Technip Energies, IIT Madras collaborate on energy research
Technip Energies has joined hands with The Energy Consortium at the IIT Madras to develop new technologies in the energy segment.
Acme signs land agreement for green hydrogen, ammonia project in Odisha
Acme Group will set up a green hydrogen and ammonia project at Tata Steel Special Economic Zone Ltd’s Gopalpur Industrial Park in the Ganjam district. The land agreement sets aside 343 acres of land for the project.
NHPC, APGENCO partner on pumped storage and renewable energy projects in Andhra Pradesh
NHPC and APGENCO will initially develop 1,950 MW of pumped hydro storage projects (950 MW in Kamlapadu and 1,000 MW in Yaganti) through a joint venture.
Engineers India Ltd appointed as independent engineer for battery capacity under PLI scheme
The Ministry of Heavy Industries has appointed Engineers India Ltd (EIL) as independent engineers to monitor the progress of the advanced-chemistry battery cell projects awarded under the production-linked incentives (PLI) Scheme.
Shell Energy commits over $363 million for renewable energy plant, EV charging stations in Gujarat
Shell Energy India has signed a memorandum of understanding (MoU) with the Gujarat government to invest INR 3,000 crore ($363.24 million) in building a renewable energy generation plant and EV recharge stations in the state.
TotalEnergies acquires full stake in Total Eren
TotalEnergies has increased its stake in Total Eren from 30% to 100%, a transaction that values the independent power producer at €3.5 billion ($3.8 billion).
HSBC announces $2 million funding to IIT Bombay, Shakti Sustainable Energy for green hydrogen innovation
HSBC India has partnered with the Indian Institute of Technology (IIT) Bombay to support innovation-led green hydrogen initiatives. It has also partnered with Shakti Sustainable Energy Foundation (SSEF) to support policy research, and technological and financial solutions for real-world application of green hydrogen in industrial clusters across four states of India.
Global sales of off-grid solar energy kits hit 9.5 million units in 2022
In 2022, off-grid solar energy kit sales reached a record-breaking 9.5 million units. This is almost one million more than 8.5 million units sold in 2019. Of the 9.5 million annual sales, 5.2 million were recorded in the second half of 2022.
Navitas Solar introduces module manufacturing unit in USA
Indian manufacturer Navitas Solar has collaborated with US-based Sustainable Equity and Colby Solar to set up a module factory named Navitas Solar USA by Colby with a manufacturing capacity of 1.2 GW per annum.
New research shows renewables are more profitable than nuclear power
In a recent study, researchers from the European Environmental Bureau (EEB), the Stockholm School of Economics (SSE), and the Potsdam Institute for Climate Impact Research (PIK) questioned the planned development of new nuclear capacities in the energy strategies of the United States and certain European countries.
