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Strategic Alliances

PowerGrid to develop Africa’s first ‘PPP mode’ transmission project in Kenya

The Indian state-owned electric transmission utility company has signed an agreement with infrastructure investor
Africa50 to develop 400kV and 220kV transmission lines in east African country Kenya under a public-private partnership framework.

Hero Future Energies, Ohmium to install 1 GW of green hydrogen capacity

Indian renewable energy developer Hero Future Energies has partnered with US-based Ohmium International on the development of green hydrogen plants in India, the UK, and Europe with a cumulative electrolyzer capacity of 1 GW.

REC signs US$ 169.5 million loan agreement with KfW for innovative solar projects

This is the fifth credit line signed between REC Limited and KfW for the financing of power sector projects and the third credit line for the financing of renewable energy projects.

Shirdi Sai Electricals signs MoU with German firm to build 4 GW solar fab

German engineering and consulting firm Viridis.iQ GmbH will assist in conceptual design to construction and commissioning of the 4 GW vertically integrated poly-to-modules solar factory.

L&T, ReNew Power partner on green hydrogen business

EPC contractor Larsen & Toubro has partnered with renewable energy developer ReNew Power to develop end-to-end competitive solutions in green hydrogen.

NTPC, Indian Oil to collaborate on renewable energy

The two energy majors have come together for the generation and storage of renewable energy or other forms of energy, including gas-based power, primarily to power Indian Oil refineries or other installations.

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TATA Projects lands 120km power transmission line project in Bangladesh

The 400 kV double-circuit transmission line will run from Barapukuria to Bogura, expanding high-voltage transmission infrastructure in Northern Bangladesh. It will also facilitate 1,600 MW power transmission from a power plant based in Jharkhand to Bangladesh.

Modison Metals to expand into battery storage, EV charging in partnership with Russian firms 

The electrical contacts manufacturer will join hands with battery storage firm RENERA and EV charger manufacturer L-Charge for its business expansion into these segments.

USA becomes 101st member of the International Solar Alliance

The International Solar Alliance is an international intergovernmental treaty-based organization headquartered in India that aims to reduce the cost of solar technology and mobilize finance to accelerate solar adoption in its member countries. 

International Solar Alliance forms advisory committee to mobilize US$1 trillion solar investment

The advisory committee will guide the International Solar Alliance on meeting its objective of mobilizing US$ 1 trillion investment in solar energy by 2030. Committee members include representatives from leading institutional investor like Africa50, CDPQ Global, IFC, the Development Bank of Southern Africa, Capricorn Investment Group, and Temasek.

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