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Strategic Alliances

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.

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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.

MNRE puts call for ‘global supergrid’ proposals on hold

India’s Ministry of New and Renewable Energy had invited consulting proposals for its ambitious globally interconnected power grid plan called ‘one sun, one world, one grid’ (OSOWOG). The program—taken up with assistance from the World Bank— aims at seamless sharing of renewable energy resources among countries for mutual benefits and global sustainability.

India, Russia to fund joint R&D in renewable energy

The programme aims to create market-ready technology-based solutions, products, and services with the potential to scale in India, Russia, and other countries.

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Azure Power secures Letter of Award for 2 GW Greenshoe option

With this, the NYSE-listed developer has been awarded 4 GW in total as part of an auction won in December, which is one of the largest solar projects ever awarded globally.

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