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Eversource Capital, JSW Neo shortlisted for buyout of Continuum Green Energy – EQ Mag

Eversource Capital and JSW Neo Energy are the two bidders shortlisted to acquire a controlling stake in Morgan Stanley-backed Continuum Green Energy, the enterprise value of which is pegged at $1.5 billion, according to people in the know. The two bidders were among five that submitted non-binding indicative offers in early April. They will now […]

TCL Zhonghuan Signed A Contract on 25GW N-Type TOPCon Cell Project

Recently, TCL Zhonghuan and Guangzhou Government reached an agreement on the industrial 4.0 smart factory project of the 25GW N-type TOPCon high-efficiency solar cell , which will give full play to TCL Zhonghuan’s advantages of large-size wafer and shingled technology. The project will adopt Zhonghuan‘s N-type G12 TOPCon cell technology, combining large-size and thin-film technology […]

Su-Kam Power Systems inks MoU with HP Government to establish a Sustainable Energy Storage Park – EQ Mag

New Delhi : Su-Kam Power Systems Limited, one of India’s leading power solutions providers, has signed a memorandum of understanding (MoU) with the Himachal Pradesh Government to set up a Sustainable Energy Storage Park in the state. The project aligns with the government’s vision of zero carbon emissions and promoting green and renewable energy. Su-Kam […]

India, Spain look forward to progress in India-EU FTA talks – EQ Mag

New Delhi : India and Spain are looking forward to considerable progress in the ongoing India-European Union (EU) free trade agreement (FTA) negotiations during the upcoming Spanish presidency of the EU from July to December this year. Both nations have also agreed to further extend cooperation in sectors like civil aviation, automation, surveillance, high-speed railways […]

ADB, GEAPP Announce $35 Million for Energy Access and Transition for South and Southeast Asia – EQ Mag

WASHINGTON, DC : The Asian Development Bank (ADB) today joined the Global Energy Alliance for People and Planet (GEAPP) to announce $35 million to help boost energy access and the energy transition in South and Southeast Asia. The contribution from GEAPP was formalized at a signing ceremony in Washington, DC, by ADB Managing Director General […]

Only Rs 180 crore earmarked for electric vehicles’ chargers under FAME-II scheme – EQ Mag

Even as the government is keen to increase the footprint of electric vehicles across the country, out of `5,171.97 crore allocation made for the Centre’s pet Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme for its second phase, only `180 crore has been earmarked for chargers in the Union budget for 2023-24. Around `3,000 […]

ArcelorMittal to buy Siemens Gamesas’s wind turbines for its Andhra project – EQ Mag

A unit of the international steel giant ArcelorMittal in India signed a contract to purchase wind turbines from Siemens Gamesa for a 166 MW project in Andhra Pradesh. A crucial boost to the nation’s steel industry’s decarbonization efforts will be given by the clean electricity generated, which will be used by one of ArcelorMittal’s steel […]