FICCI and MAHAPREIT collaborate for renewable energy in Maharashtra
Author: PPD Team Date: 06/12/2024
Author: PPD Team Date: 06/12/2024
The Federation of Indian Chambers of Commerce and Industry (FICCI) has signed a memorandum of understanding with Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) to promote renewable energy, decarbonisation, energy efficiency, and environmental compliance in Maharashtra.
The partnership focuses on facilitating renewable energy projects, aiding industries in adopting decarbonisation practices, and implementing energy efficiency measures across large-scale industries and MSMEs.
Additionally, it aims to aggregate demand across sectors to make sustainability solutions more accessible and affordable for micro, small, and medium enterprises.
This agreement complements MAHAPREIT’s May 2024 MoU with NTPC Green Energy Limited to develop grid-connected renewable energy projects in Maharashtra, targeting a combined capacity of up to 10 GW, including wind, solar, and hybrid systems.
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Author: PPD Team Date: 31/01/2025 Enfinity Global Inc. has announced the expansion of its battery energy storage systems (BESS) portfolio with two new projects in Texas, totalling 425 MW of power capacity and 850 MWh of storage. Construction is set to begin in the second and fourth quarters of 2025. These projects increase Enfinity’s U.S. BESS pipeline to 6.6 GW and align with its investment of over $7 billion, expected to create more than…
Author: PPD Team Date: 28/05/2025 The Government of Maharashtra has released the Maharashtra Electric Vehicle Policy 2025. The policy takes effect from April 1, 2025, and will be implemented till March 31, 2030. It replaces the earlier 2021 policy, which expired in March 2025. The state has set a target to achieve 30% electric vehicle (EV) penetration across all new vehicle registrations by 2030. More aggressive targets have been set for specific segments—40% for two-wheelers…