CEF Group to establish waste-to-biofuel plants in Uttar Pradesh
CEF Group has signed a memorandum of understanding (MoU) with the government of Uttar Pradesh to invest INR 650 crore in setting up waste processing plants in the state. The plants will scientifically process the waste to produce bio-CNG and organic manure from it.
Ola Electric to set up lithium battery gigafab in Tamil Nadu
The winner of the 20 GWh battery cell capacity under the government’s production-linked incentive (PLI) scheme is going to set up its lithium battery factory in Tamil Nadu.
Guidelines for pumped storage projects in India
The draft guidelines released by the power ministry include concessional climate finance and utilization of exhausted coal mines as sites for pumped storage projects.
State EV policies need better implementation mechanisms
A study reveals that none of the eight states where EV policies have been active for two years or more is on track to meet its targets of EV penetration, charging infrastructure, or investments.
Waaree Renewable Q3 profit soars 11,250% year-on-year
Waaree Renewable Technologies has posted a profit after tax (net profit) of INR 24.97 crore (around $3 million) for the quarter ended December 31, 2022, 11,250% up year-on-year.
Ensuring a just energy transition
The renewable energy sector must lead responsibly by addressing land use, circularity and financing.
Wafer, cell prices continue to rise
Wafer prices rose by between 24% and 36% this week, according to new data from the China Nonferrous Metals Industry Association (CNMIA).
Hitachi Energy opens advanced power system factory in Chennai
The HVDC and power quality product factory will cater to the rising number of high-voltage transmission projects in India and export to support global HVDC installations.
Pausing ALMM will hit solar manufacturing investments, say industry bodies
The implementation of the ALMM (The Approved List of Models and Manufacturers) mandate is crucial to protect INR 53,773 crore of investments that India would require over the next 3-4 years to indigenize the domestic solar manufacturing value chain, say manufacturers.
ABB India achieves 82% reduction in own GHG emissions across all manufacturing locations
Five ABB locations across India (Nelamangala, Peenya, Maneja, Nashik, and Faridabad) are certified as ‘Green Factory Buildings’ by the Indian Green Building Council (IGBC).
