Exicom and EONEX Energy sign MoU to deploy BESS projects
Author: PPD Team Date: December 10, 2025
Author: PPD Team Date: December 10, 2025
Exicom has signed a memorandum of understanding with EONEX Energy, a DVN Energy Group-backed company, to deploy megawatt-hour-scale lithium-ion battery energy storage systems across Southern India. The partnership focuses on commercial, industrial and renewable integrated applications.
The two companies plan to jointly develop and install systems intended to support peak load management. The systems will be designed to improve the use of solar power through advanced storage integration and to provide a reliable supply for commercial and industrial consumers.
Exicom is based in Gurugram and works on electric vehicle charging infrastructure. It also supplies energy storage systems for critical telecom and data centre uses. Exicom stated that the collaboration advances its aim to expand the use of clean and reliable energy technologies.
The companies expect the joint work to support wider adoption of high-performance storage solutions. They plan to strengthen their presence in the green energy segment and contribute to India’s transition to a more resilient power system.
The featured photograph is for representation only.
Author: PPD Team Date: March 18, 2025 India’s renewable energy sector continues to expand with new agreements in wind and solar power. Datta Power Infra, Solarium Green Energy Limited, and Jubilant Infrastructure Limited have each secured deals to support clean energy deployment across the country. Datta Power Infra has signed a power purchase agreement (PPA) with state-owned SJVN to develop a 70 MW wind energy project. This initiative is part of SJVN’s WIND-1 program, which…
Author: PPD Team Date: January 23, 2026 SAEL Industries Ltd has commissioned a 1 GWp solar power project with 800 MW alternating current capacity at the Khavda Renewable Energy Park in Gujarat. The project was developed through its subsidiaries, SAEL Solar P4 Private Limited and SAEL Solar P5 Private Limited. The project will supply electricity under 25 year power purchase agreements (PPAs) with Gujarat Urja Vikas Nigam Limited (GUVNL), providing long term revenue visibility. The…
Author: PPD Team Date: December 13, 2024 Rays Green Energy Manufacturing, a subsidiary of Rays Power Infra, will establish a solar module and cell facility in Madhya Pradesh with a total investment of Rs 14 billion. The plant will include a 1.5 GW solar cell unit and a 3 GW solar module assembly line, utilizing advanced TOPCon technology to boost domestic renewable energy manufacturing. The Madhya Pradesh government has allocated 38 acres in the Mohasa…
Author: PPD Team Date: January 28, 2025 Indian Oil Corporation (IOCL) plans to acquire five to six GW of solar and wind power projects to expand its renewable energy portfolio. The company targets 31 GW of renewable energy capacity by 2031 through organic growth, joint ventures, and mergers and acquisitions. IOCL currently has a renewable energy capacity of 246.94 MW and established Terra Clean, a wholly owned subsidiary, in 2024 to drive clean energy operations….
Author: PPD Team Date: February 12, 2025 Bharat Heavy Electricals Ltd (BHEL) has received a letter of intent (LoI) from Damodar Valley Corporation (DVC) for a Rs 62 billion contract related to the steam generator island package for DVC’s 2×660-MW Raghunathpur thermal power station (Phase-II) in Purulia district, West Bengal. The contract was awarded through an international competitive bidding process and includes the supply, erection, testing, and commissioning of steam generators, auxiliaries, electrostatic precipitators (ESP),…
Author: PPD Team Date: January 17, 2025 Refex Green Mobility Limited has acquired 2,997 electric four-wheelers (e4Ws) from Gensol Engineering Limited for Rs 3.15 billion. The acquisition includes the transfer of Gensol’s existing loan facility. The e4Ws will be deployed in key markets such as Chennai, Bengaluru, Hyderabad, Mumbai, and Pune, where Refex Green Mobility operates. The company also plans to lease the vehicles to Blu-Smart Mobility Limited to support operations in Delhi NCR and…