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Strategic Alliances

NTPC, ONGC sign MoU to set up renewable energy JV

As per the MoU, the state-owned power producer along with the oil and gas producer shall explore setting up of renewable energy projects in India and overseas, and sustainability, storage, e-mobility and ESG (Environmental, Social and Governance) compliant projects.

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EU, India invite joint research proposals on integrated local energy systems

The projects shall be co-funded by India’s Department of Science & Technology and the European Commission’s Innovation and Networks Executive Agency. The aim is to make energy supply cleaner, more efficient and affordable by smartly integrating large amounts of renewable energy in local energy systems. Proposals can be submitted till September 1.

Australian miner launches feasibility study on India’s first lithium refinery

Australia based Neometals and India’s Manikaran Power—which announced their collaboration on India’s first lithium refinery last year—have also doubled the proposed refinery capacity to 20,000 tonnes per annum of lithium hydroxide.

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CEL extends EOI submission deadline for solar EPC empanelment

Interested solar EPC contractors can now submit expressions of interest till April 30 to get empaneled with the state-owned Central Electronics Limited.

Malaysian firm acquires 37.5% stake in Rising Sun Energy

Yinson will pay Rs 554 million (RM32 million) for the stake, and additional funding of Rs 600 million (RM35 million) to repay certain outstanding liabilities of the Indian independent power producer which has two plants in the massive Bhadla Solar Park.

Covid-19 and dependence on China’s PV supply chain

The Asian Development Bank says developing countries in Asia and the Pacific should consider developing their own solar industry supply chains as the Covid-19 pandemic has exposed their over-reliance on China to carry through the energy transition.

Sterlite Power gets GE, Tata onboard Green Energy Corridor project in Gujarat

The project involves laying over 300 km of 765 kV double-circuit transmission lines connecting 765/400 kV Lakadia substation to Vadodara substation in Gujarat.

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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