Rays Power Infra has been awarded India’s largest Vanadium Redox Flow Battery (VRFB) tender by NTPC’s R&D division, NTPC Energy Technology Research Alliance (NETRA). The project involves a 600KW/3000KWh VRFB system, marking a significant milestone in India’s renewable energy storage sector. VRFB technology is known for its long-duration energy storage, which is crucial for grid stability and the integration of renewable energy.
Senvion India has announced that it has secured an order to supply 50 wind turbine generators (WTGs) totalling 210 MW from Continuum Green Energy. The project is slated for deployment in Gujarat or Karnataka, with deliveries beginning in April 2026. The agreement also includes the potential for an additional 50 WTGs. Senvion will supply its advanced 4.2M160 turbines, known for integrating cutting-edge technologies that enhance control, and optimization, and extend turbine life, ultimately reducing operational…
The Bihar government has reaffirmed that it will not provide free electricity to consumers, despite opposition demands. Energy Minister Bijendra Prasad Yadav emphasized that electricity is already provided at heavily subsidised rates, with the government allocating Rs 15.34 billion in subsidies for the current fiscal year, up from Rs 13.11 billion in 2023-24. In response to the opposition RJD’s promise of 200 units of free electricity if elected, Yadav reiterated the government’s long-standing stance against…
Solar module maker Saatvik Solar has announced plans to raise funds from private equity investors and launch an initial public offering (IPO) to support its expansion efforts. At a press conference, Group Chief Financial Officer Abani Kant Jha stated that the company is targeting a 100% revenue growth in the current fiscal year, aiming to reach Rs 20 billion. Saatvik Solar, with a current solar module manufacturing capacity of 3.8 GW and an additional 2…
The Maharashtra government has signed MoUs with four companies worth Rs 475 billion to develop renewable energy projects, in line with the state’s goal to achieve 50% renewable energy by 2030. These projects are expected to create 18,828 jobs, as announced by Deputy Chief Minister Devendra Fadnavis. The companies involved include SJVN, MahaGenco Renewable Energy Ltd, RECPDCL, THDC, and HPRGE-HPCL. Key projects under these agreements include: RECPDCL: A 500 MW hybrid project with an investment…
LOHUM Cleantech Ltd, ReElement Technologies Corporation, and American Metals have formalised a partnership through a Memorandum of Understanding (MoU) to develop a fully integrated lithium-ion battery recycling and materials processing facility in the United States. With an initial investment of $30 million, the facility will have a capacity of 15.5 GWh and is expected to create 250 jobs focused on environmentally sustainable operations. Located at the Marion Advanced Technology Centre in Indiana, the facility will…
Ambuja Cements Limited, a key player in the Adani Group portfolio, has joined the Alliance for Industry Decarbonization (AFID), becoming the first cement manufacturer globally to participate in this initiative. AFID is a global platform that fosters collaboration among industries to accelerate the transition to Net Zero, in alignment with the Paris Agreement. Ambuja’s inclusion in this alliance enables the company to exchange insights and experiences with other energy-intensive sectors. Ambuja Cements, which aims to…
NTPC Limited has issued a tender for the preparation of a detailed project report (DPR) for an 800 MW pumped storage project (PSP) in Amba, Maharashtra. The last date for bid submission is November 16, 2024. Bidders are required to provide an earnest money deposit of Rs 5 million and meet financial criteria, including a minimum average annual turnover of Rs 189.7 million over the last three years and net worth at least equal to…
Zetwerk Manufacturing has won an order from NTPC to manufacture and supply 1,515 MWp of solar photovoltaic (PV) modules, including spares, for the 1,200 MW Khavda solar project. The contract, valued at Rs 25 billion, is Zetwerk’s second major order from NTPC. This deal highlights Zetwerk’s reputation for delivering innovative, sustainable, and high-quality solar solutions. The company has previously worked with JSW Energy, Teesta Solar, Continuum Energy, and more. In addition to domestic projects, Zetwerk…
NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, has signed a joint venture agreement (JVA) with Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) to develop 10 GW of renewable energy (RE) projects in Maharashtra and other states. The joint venture aims to establish renewable energy parks and projects, aligning with NTPC’s goal of achieving 60 GW of RE capacity by FY32.
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