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Lohum signs $30 million JV with US firm for battery recycling facility

India, News

LOHUM Cleantech Ltd, ReElement Technologies Corporation, and American Metals have formalised a partnership through a Memorandum of Understanding (MoU) to develop a fully integrated lithium-ion battery recycling and materials processing facility in the United States. With an initial investment of $30 million, the facility will have a capacity of 15.5 GWh and is expected to create 250 jobs focused on environmentally sustainable operations. Located at the Marion Advanced Technology Centre in Indiana, the facility will…

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Tata Power-DDL receives 20-year patent for self-regenerating transformer breather

India, News

Tata Power Delhi Distribution Ltd (Tata Power-DDL) has been granted a 20-year patent for its innovative self-regenerating transformer breather, designed to protect transformers from moisture ingress and extend their operational lifespan. The patented technology reduces the need for frequent replacement of Silica gel in transformer breathers, a component crucial for preventing moisture damage. Traditionally, Silica gel in breathers must be replaced 4-6 times before the two-year maintenance schedule of a transformer, but with the new…

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Datta Power subsidiary signs Rs 15 billion MoU with REC for 500 MW renewable projects

India, News

Adyant Enersol Pvt Ltd, a subsidiary of Datta Power Infra, has signed a strategic memorandum of understanding (MoU) with REC Ltd for financing Rs 15 billion to develop 500 MW of renewable energy projects. The MoU was formalized at the 4th Global RE-INVEST Summit in Gujarat. This partnership sets the stage for Datta Infra’s larger vision of developing 2 GW of wind, solar, and wind-solar hybrid projects across Rajasthan, Madhya Pradesh, Andhra Pradesh, and other…

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Vena Energy and Shell receive approval to export 400 MW of solar power from Indonesia to Singapore

Global, News

Vena Energy and Shell Eastern Trading have received conditional approval from Singapore’s Energy Market Authority to export 400 MW of solar power from the Riau Islands, Indonesia, to Singapore.  The project will generate over 2.6 TWh of renewable energy annually, supported by more than 2 GW of solar photovoltaic plants and 8 GWh of battery storage systems.

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Hygenco and REC sign $280 million MoU for green ammonia project in Odisha

India, News

Hygenco Green Energies and REC Limited have signed a Memorandum of Understanding (MoU) at the 4th Global Renewable Energy Investors Meet in Gandhinagar, Gujarat, to finance Hygenco’s green ammonia project in Gopalpur, Odisha. Under the agreement, REC will invest $280 million in the project. Hygenco plans to expand its investments in India, with $2.5 billion earmarked for green hydrogen and green ammonia projects in the coming years. In recent developments, Hygenco has signed MoUs with…

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Jakson Green signs Rs 14.2 billion MoU with REC for solar IPP projects

India, News

Jakson Green has signed a memorandum of understanding (MoU) worth Rs 14.2 billion with REC Limited to develop solar independent power producer (IPP) projects. This investment aims to boost renewable energy capacity, reduce fossil fuel reliance, and lower carbon emissions, supporting India’s net zero goals and promoting a sustainable economy.

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Sunsure Energy secures Rs 100 billion debt financing from REC

India, News

Sunsure Energy has signed an agreement with REC for debt financing worth Rs 100 billion to support the development of 3 GW of solar, wind, hybrid, and battery energy storage system (BESS) projects. The deal was inked during the fourth Global RE-Invest Meet and Expo organized by the Ministry of New and Renewable Energy (MNRE) in Gujarat. This financing will enable Sunsure Energy to expand its portfolio of open-access hybrid projects across India, helping the…

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Transformers and Rectifiers secures Rs 1.14 billion order from RRVPNL

India, News

Transformers and Rectifiers (India) Ltd (TRIL) has secured an order worth Rs 1.14 billion from Rajasthan Rajya Vidyut Prasaran Nigam (RRVPNL) to supply 50 MVA, 132/33 kV power transformers. The delivery is expected by the next financial year. This follows a Rs 910 million order from SPIL last month. TRIL, known for high-voltage transformers, has achieved significant milestones, including the world’s first 420 kV ester fluid-filled shunt reactor. With three manufacturing units in Gujarat and…

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REC signs MoUs worth Rs 1.12 trillion at RE-Invest

India, News

REC participated in the Global Renewable Energy Investors Meet & Expo (RE-INVEST 2024) in Gandhinagar, Gujarat, from September 16-18, 2024. The company signed non-binding memorandums of understanding (MoUs) with renewable energy developers, totalling approximately Rs 1,120 billion, to be implemented over the next five years. These MoUs encompass a wide range of projects, including solar and wind hybrid projects, round-the-clock (RTC) renewable power, firm and dispatchable renewable energy (FDRE), floating solar plants, hydroelectric power projects,…

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Gujarat hydropower plants made a record in electricity generation in August’24

India, News

In August 2024, Gujarat’s hydropower plants generated 1,067.3 million units (MU) of electricity, a rise from 308.7 MU in July, due to monsoon-driven water inflows filling the state’s dams, according to ANI. The Sardar Sarovar Dam was the largest contributor, generating over 800 MU, with its River Bed Power House (RBPH) and Canal Head Power House (CHPH) stations producing a combined total of 891 MU. Additional contributions came from the Ukai Dam, which generated 143.1…