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Saboo Sodium Chloro expands captive solar plant at Nawa refinery
Saboo Sodium Chloro (SSCL) has announced the expansion of its captive solar power plant at the Nawa refinery in Sambhar Lake, Rajasthan. With an additional 150 kW, the facility’s total solar capacity now reaches 650 kW. EKAM Green Ventures has been appointed as the EPC contractor, with the project expected to be operational within ten days. This expansion is anticipated to generate annual energy cost savings of approximately Rs 4 million, enabling the refinery to…
Oriana Power to build gigawatt-scale electrolyser factory in India
Oriana Power, a commercial and industrial solar manufacturer, plans to establish a gigawatt-scale factory in India to produce alkaline electrolysers and balance of plant (BOP) modules. The initiative aims to boost local manufacturing of critical renewable energy technology, support the transition to clean energy, and reduce dependency on imports. The company plans to invest between USD 25-35 million in the factory, which will be commissioned in two phases. The first phase, with an annual capacity…
Hyundai unveils Initium hydrogen SUV concept
Marking nearly 30 years of fuel-cell electric vehicle (FCEV) innovation, Hyundai has introduced the Initium concept, an SUV embodying its “Art of Steel” design language. With a targeted range of 400 miles (644 km) and a 201 hp electric motor, the Initium represents Hyundai’s continued commitment to hydrogen as a clean energy source. The Initium will debut at Auto Guangzhou in China and the Los Angeles auto show, featuring a large-capacity hydrogen tank and aerodynamic…
Borosil Renewables acquires 49 per cent stake in Clean Max
Borosil Renewables Limited has signed a share purchase agreement with Clean Max Prithvi Private Limited (CMPPL) and Clean Max Enviro Energy Solutions Private Limited (CMEESPL) to acquire a 49% stake in CMPPL. The acquisition involves purchasing 4,900 equity shares of Rs 10 each, representing 49% of CMPPL’s paid-up share capital, for Rs 49,000. Under the agreement, CMPPL plans to develop and operate a 16.50 MW hybrid solar-wind power plant in Gujarat. The power generated from…
NTPC Green signs MoU with Rajasthan for 25 GW RE project
NTPC Green Energy (NGEL), a subsidiary of NTPC Ltd, has signed a memorandum of understanding (MoU) with the Rajasthan government for a 25 GW renewable energy project. The MoU was signed on 30 September 2024 during the Rising Rajasthan Investor Meet in Delhi, in the presence of Rajasthan Chief Minister Bhajanlal Sharma. Senior officials from both the Government of Rajasthan and NGEL also attended the event.
Mahanagar Gas to invest Rs 2.3 billion in battery gigafactory with IBC India
Mahanagar Gas Limited (MGL) has announced an investment of Rs 2.3 billion in International Battery Company (IBC) India to develop a gigafactory in Bengaluru, focused on producing prismatic NMC Li-ion cells for mobility and battery storage applications. This partnership aims to meet India’s demand for locally manufactured battery cells, which are currently imported. MGL has entered a share subscription and shareholding agreement with IBC US, forming a joint venture through IBC India with a 44:56…