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Mr. Rajesh Shah, President, Sterling and Wilson Co-gen Solutions Pvt. Ltd.
Business & Finance

Sterling and Wilson Cogen Solutions enters into JV with Professional Power Products in North America

Business & Finance

ADB, TATA Power Sign Deal to Enhance Delhi’s Power Distribution Through Grid Enhancements and Battery Energy Storage System – EQ Mag

Anand Gupta
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DELHI, INDIA : The Asian Development Bank (ADB) and Tata Power Delhi Distribution Limited (TPDDL), the distribution arm of Tata Power Co Ltd (Tata Power), entered into an agreement to subscribe to non-convertible debentures for 1.5 billion Indian Rupees (equivalent to $18.2 million) to enhance Delhi’s power distribution through grid enhancements, and a $2 million […]
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Iberdrola signs Mexican renewables MoU
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Iberdrola signs Mexican renewables MoU – EQ Mag

Anand Gupta
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Deal with Mexico Infrastructure Partners to advance development in the country Iberdrola Mexico and Mexico Infrastructure Partners (MIP) have signed an memorandum of understanding to advance the development of renewable energy in the country. Executive chairman of Iberdrola, Ignacio Galán (pictured: right) and the President of the Government of Mexico, Andrés Manuel López Obrador (pictured: […]
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EIB approves loan of $83.6 million for Uzbekistan’s solar programme to develop photovoltaic plants with the region’s largest total output – EQ Mag

Anand Gupta
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Together with the Asian Development Bank, the Asian Infrastructure Investment Bank and the European Bank for Reconstruction and Development, the EIB will provide a collective $396.4 million to finance the construction and operation of three solar photovoltaic plants with a total output of 897 MWac. This will increase the electricity supply and reduce the need […]
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India needs Rs 33,750 cr to achieve PLI target of setting up 50 GWh of lithium-ion cell, battery mfg plants Study
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Senior Material Starts Construction on Its RMB 10 Billion South China Base Located in Foshan – EQ Mag

Anand Gupta
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Suppliers for separators used in Li-ion batteries have kept expanding production capacity as the market for Li-ion batteries is enjoying a boom. One such leading supplier in China is Senior Material. The company has recently made a significant stride with respect to the development of its manufacturing projects. As reported by the Yangcheng Evening News, […]
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CALB Nearly Quadrupled Its Profit in 2022 and Now Aims to Put Its European Plant into Operation in Accordance with Its Schedule – EQ Mag

Anand Gupta
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CALB, China’s third-largest domestic supplier for EV power batteries, released its first annual report since its listing on the Hong Kong Stock Exchange. According to the report, CALB’s realized revenue for 2022 came to around RMB 20.375 billion, showing a YoY increase of 198.9%. Its net profit for 2022 came to around RMB 694 million, […]
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ADB, MASDAR to Unlock Uzbekistan’s Renewable Power Potential With 3 New Solar Power Plants
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ADB, MASDAR to Unlock Uzbekistan’s Renewable Power Potential With 3 New Solar Power Plants – EQ Mag

Anand Gupta
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TASHKENT, UZBEKISTAN : The Asian Development Bank (ADB) and Abu Dhabi Future Energy Company PJSC (Masdar) have signed three loans to build three solar power plants in Uzbekistan’s Surkhandarya (Sherabad), Samarkand, and Jizzakh regions. Together these power plants will be able to generate 897 MW, making them the region’s largest solar power development. The financing […]
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