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Kalpataru wins Rs 6.55 billion transmission project in West Bengal
Kalpataru Projects International Limited has received a Letter of Award (LoA) worth Rs 6.55 billion for composite Package-C7 in West Bengal. The contract covers the design, engineering, construction, supply, erection, stringing, testing, and commissioning of three power infrastructure projects. West Bengal State Electricity Transmission Company Limited (WBSETCL) invited bids in March 2024. The scope includes:…
GAIL increases startup fund to Rs 5 billion for clean energy innovation
GAIL India Limited has raised its startup investment fund from Rs 1 billion to Rs 5 billion to support emerging enterprises in clean energy, renewables, energy storage, electric mobility, and digital transformation. This initiative aims to provide enhanced financial and strategic support to entrepreneurs, fostering innovation and sustainability in India’s energy and technology sectors. Currently,…
Iberdrola invests in RTS for insulation innovation, advances UK subsea cable project
Iberdrola, through its Perseo start-up programme, has invested in Revestimientos Técnicos Sostenibles (RTS), an Andalusian company specializing in thermal insulation and anti-corrosion coatings. The collaboration focuses on advanced materials such as cork, hollow ceramic microspheres, and aerogel for use in offshore wind structures and building renovations. Iberdrola aims to incorporate these materials into the construction…
AES Andes submits EIA for industrial-scale green hydrogen project in Chile
AES Andes has submitted an Environmental Impact Assessment (EIA) to Chilean authorities for its proposed Inna green hydrogen project, which is aligned with Chile’s National Green Hydrogen Strategy. The project is in its early stages of development and focuses on producing green hydrogen for both export and domestic use. In addition, AES Andes has signed…
Dalmia Bharat subsidiary acquires 34.52% stake in solar power firm
Dalmia Cement (Bharat) Limited (DCBL), a wholly owned subsidiary of Dalmia Bharat Limited, has signed an agreement to acquire a 34.52% equity stake in Kilavikulam Rajalakshmi Solar Power Developer Private Limited. The acquisition, valued at Rs 30 million, will help DCBL source up to 10 MW of solar power as a captive consumer in Tamil…
On.Energy secures funding for 160 MWh battery storage in Texas
 On.Energy has closed construction credit facilities with Pathward and BridgePeak Energy Capital to develop its 160 MWh Palo de Agua battery storage portfolio in Texas. The financing supports On.Energy’s expansion in the United States, adding to its 80 MWh of operational assets in Houston and a pipeline of over 2 GWh of battery storage…
