Strategic Alliances

Europe’s Wamtechnik, ION Energy partner to enable electric excavator

The European Li-ion battery manufacturer has partnered with the Mumbai based battery management system provider on the design and deployment of an electric excavator that would operate in subzero temperatures (below -20°C).

Sungrow signs 650 MW PV inverter supply deal with Avaada Energy

The Chinese inverter manufacturer will supply its 1500V 3.125 MW central inverter solution for Indian developer Avaada Energy’s upcoming PV projects in India.

Prospects of India-UK partnerships in creating digitalized energy systems

India’s energy system immediately needs a shift from centralized commands to dynamic interactive structures. While the UK is already spearheading digitalization of its energy systems, India has ample areas demanding interventions, such as integration of decentralized energy systems using digital innovation and analytical tools.

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India is third largest producer of electricity in the world: Power minister

The government has signed Memorandum of Understanding with Bhutan, Bangladesh, Nepal, and Myanmar to inter-alia improve power connectivity and enhance energy trading in the region.

Fourth Partner Energy, Lithium Urban form JV to set up solar-powered EV charging infrastructure

Under joint venture ‘Shuchi Anant Virya,’ Fourth Partner Energy has commissioned solar powered charging facilities in Gurugram and Pune which will enable commercial electric vehicle (EV) fleet operator Lithium Urban Technologies to charge around 30 and 40 EVs, respectively, at the same time.

Magenta Power to roll out street lamp integrated EV charger

The ChargeGrid Flare, costing around Rs 95,000, shall enable faster deployment of curbside vehicle charging with less street clutter than other approaches.

Proposals invited for joint India-South Korea research in renewable energy and green mobility

Proposals must reach the Department of Science & Technology (DST), Government of India, and Ministry of Science and ICT (MSIT) of the Republic of Korea by May 8. Each selected project will be funded for a period of three years.

Tata Power to set up EV infrastructure for Jaguar Land Rover

Tata Power will install a range of AC and DC chargers, starting from 7 kW to 50 kW capacity, for Jaguar Land Rover’s electric vehicles to be launched in India.

US based Triton Solar buys stake in startup Ushva Clean, JV to launch electric car

Leveraging Triton Solar’s battery technology and Ushva’s experienced team from IIT Bombay, the strategic alliance aims to develop one-of-a-kind car with the longest travel range on a single charge and unique user experience.

Qatar Investment Authority buys 25.1% stake in Adani Electricity Mumbai

The total QIA investment in AEML is Rs 3220 crore (US$ 452 million), which includes equity consideration of Rs 1210 crore (US$ 170 million) and shareholder subordinated debt of Rs 2010 crore (US$ 282 million).

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