Strategic Alliances

Over 26,000 register for World Solar Technology Summit tomorrow

The Summit will see the signing of four partnership agreements, including one between India’s Ministry of New and Renewable Energy, World Bank, and International Solar Alliance.

Macquarie selects Prescinto’s IIOT platform to oversee Indian solar assets

The Australia-based global investor—which has over 408 MW of operational solar fleet in India—will use the cloud-based, hardware-agnostic platform to gain insights in real time and improve its 21 solar projects’ performance.

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UK’s WiseEnergy bags deal to manage 550MWp Indian solar assets 

WiseEnergy will provide asset management services for the four solar plants in Madhya Pradesh and Andhra Pradesh that UK-based equity investor Actis acquired from Indian developer Acme Solar recently.

Greenko, NTPC sign MoU for round-the-clock power supply

Hyderabad-based RE developer Greenko Energies, which is developing over 40 GWh of pumped hydro storage projects in India, has partnered with NTPC to develop round-the-clock power supply solutions by integrating renewable energy sources and pumped storage.

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Manikaran Power, south Korea’s KEPCO join hands to acquire stressed power plants in India

The New Delhi-headquartered power trading company has signed a Memorandum of Understanding with the South Korean power plant maintenance specialist to acquire and revive stressed assets in the power sector.

BHEL wins TERI order for battery energy storage systems

The state-owned engineering firm will supply and set up a cumulative 410 kWh of battery energy storage systems in Delhi under UI-ASSIST (US-India Collaborative for Smart Distribution System with Storage) initiative of TERI.

Keltron to set up a supercapacitor manufacturing unit in Kannur

The state-owned electronics manufacturer has signed a memorandum of understanding for technology transfer with Vikram Sarabhai Space Centre of Indian Space Research Organisation.

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Sona Comstar, IIT Delhi launch incubation program for EV startups

The program aims at supporting the development of innovative electric vehicle (EV) solutions like extending range through battery capacity improvements, and battery management, fast charging infrastructure, and mobile charging solutions for emergencies. Two startups shall be supported each year with up to INR 80 lakh each to complete proof of concept and develop prototypes. 

TERI, FTI Consulting partner on hydrogen roadmap research

The Indian energy thinktank and the US-based consulting firm will research to demonstrate the viability of hydrogen as a sustainable solution for India’s energy needs. 

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PFC to fund IIT- Kanpur R&D in smart grid technology

State-owned Power Finance Corporation will provide Rs 2.38-crore financial assistance to the Indian Institute of Technology-Kanpur to develop infrastructure for R & D in smart grid technology.

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