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Japan eyes manufacturing and solar energy partnerships in Rajasthan
Japan has identified manufacturing and renewable energy, particularly solar energy, as key sectors for collaboration with Rajasthan. This focus was highlighted during the Japan Country Session titled “Versatility of Industries: Manufacturing and Beyond” at the Rising Rajasthan Global Investors Summit in Jaipur on December 9, 2024. The session emphasized leveraging Japan’s advanced technologies, sustainability initiatives,…
Adani Group to invest USD 35 billion in renewable energy over five years
The Adani Group has announced plans to invest USD 35 billion over the next five years to establish large-scale renewable energy plants across India. The focus will be on solar, wind, and hybrid energy systems, aiming to play a significant role in the global energy transition. Sagar Adani, Executive Director of Adani Green Energy, revealed…
Greece becomes net exporter of electricity
Greece has shifted from being a net importer to a net exporter of electricity, now regularly supplying up to a third of its daily production to neighbouring countries. Greek electricity exports reached 2 GW out of a total production of 6 GW, with countries such as Albania, North Macedonia, Bulgaria, Turkey, and Italy receiving significant…
JSW JFE acquires thyssenkrupp Electrical Steel India
JSW JFE Electrical Steel Pvt Ltd has finalized the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (tkES India) for Rs 40.51 billion. This move enables JSW-JFE to enter the grain-oriented electrical steel (GOES) business, aligning with their plans to expand into this crucial sector. tkES India, based in Nashik, Maharashtra, is one of India’s…
Koraam New Energie bags Rs1.86bn order for 5,500 solar pumps
Koraam New Energie, a subsidiary of Kosol Energie, has secured an order worth Rs 1.86 billion for the supply of 5,500 solar pumps under Component B of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM) scheme. The order was placed by various nodal agencies. Of the total, 3,000 pumps have been allocated under…
NTPC and RRVUNL form JV for 25,000 MW renewable energy projects in Rajasthan
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) have established a joint venture (JV) named “NTPC Rajasthan Green Energy Limited” to develop 25,000 MW renewable energy projects in Rajasthan. NGEL holds a 74% equity stake in the JV, while RRVUNL holds 26%. The company will…
