Similar Posts
Exicom acquires Tritium for USD 37 million
Exicom, an EV charging solutions provider, has acquired Tritium, a global leader in direct current (DC) fast charging technology, for USD 37 million. As part of the acquisition, Exicom will establish a manufacturing facility in Hyderabad by the end of 2025 to produce advanced EV charging solutions using Tritium’s technology. The acquisition includes absorbing Tritium’s entire workforce of 300 employees, allowing Exicom to enhance its operational capabilities across multiple geographies. Tritium’s expertise in designing and…
Latvia’s TSO signs contracts to connect over 1,100 MW RES
Latvia’s transmission system operator, Augstsprieguma Tīkls (AST), has signed contracts with 12 developers to connect more than 1,100 MW of renewable energy projects, including solar and wind power plants, to the transmission network. This represents a capacity increase of more than 150% compared to the current total of 690 MW of solar and wind power plants connected to Latvia’s grid as of September 2024. By the end of 2024, AST plans to finalize connection agreements…
World leaders gather in Baku for pre-COP29 meeting
Ahead of the 29th Conference of the Parties (COP29) to the UN Framework Convention on Climate Change, global leaders gathered in Baku, Azerbaijan, for the pre-COP meeting from 10–11 October. The session, titled Enhance Ambition and Enable Action, aimed to progress key negotiations before the main summit in November. The event is focused on limiting global warming to 1.5°C, as per the 2015 Paris Agreement. A key priority at the pre-COP meeting was setting a…
Amazon India partners with Gentari to deploy 10,000 EVs for delivery operations by 2025
Amazon India has announced a partnership with electric mobility company Gentari to expand its use of electric vehicles (EVs) for last-mile deliveries. The collaboration aims to deploy 10,000 EVs by 2025, furthering Amazon’s commitment to sustainable logistics. Under this partnership, Gentari Green Mobility will supply and manage the EVs over the next three years. They will also provide fleet management services to Amazon’s Delivery Service Partners (DSPs), ensuring efficient operation and maintenance of the electric…
Avaada Group to invest Rs 50 billion in Madhya Pradesh’s renewable energy
Avaada Group has proposed an investment of Rs 50 billion in Madhya Pradesh during a meeting with Chief Minister Mohan Yadav on September 16, 2024. This announcement was made during the Renewable Energy Investors Meet in Gandhinagar. Sembcorp Group expressed interest in the Morena and Neemuch solar projects, while Borosil Group plans to set up a solar panel glass production unit. The Wind Power Association requested the development of wind parks, and Torrent Power called…
Avaada Group invests Rs 1 trillion in green energy projects in Rajasthan
Avaada Group has announced a Rs 1 trillion investment in Rajasthan to develop large-scale solar, wind, and green ammonia projects. This move follows the signing of a Memorandum of Understanding (MoU) with the state government, a joint commitment to boosting Rajasthan’s renewable energy infrastructure. The investment will fund major projects, including a 1.2 GW pumped hydro storage project, a 1 million tonne per annum (MTPA) green ammonia facility, a 1 GW wind power project, and…