A source said Avendus Capital has the sale mandate for the proposed transaction. CLP India, a big investor in the country’s power sector, has emerged as the frontrunner to buy a part of Mahindra Susten’s solar power portfolio, sources with knowledge of the matter told Moneycontrol. Mahindra Susten is the renewable energy arm of the […]
Sterlite Power bags two transmission projects worth Rs 3000 crore
The company has already completed a wind energy evacuation project in Brazil earlier this year. Power transmission player Sterlite Power on August 9 said it has bagged two contracts worth Rs 3,000 crore for setting up inter-state projects for Udupi- Kasargode and WRSS 21 (part B) involving lines and GIS substations. With these two projects […]
Adani Green Energy arm bags 130-MW wind power project from SECI
“Adani Renewable Energy Park (Gujarat) Ltd, a wholly-owned subsidiary of Adani Green Energy Ltd (AGEL) had won a bid for setting up a 130 MW ISTS (inter-state transmission system)-connected wind power project in a tender issued by SECI,” a BSE filing said. Adani Green Energy said on Thursday that its arm Adani Renewable Energy Park […]
Will manufacture cost competitive electric vehicles in India: Renault Global CEO
Thierry Bollore, CEO Groupe Renault, said the company wants to now double sales with a string of new model launches including hybrids and electric vehicles French carmaker Renault is starting afresh in India with the unveiling of the Triber, a multi-seater passenger carrier. Thierry Bollore, CEO Groupe Renault, said the company wants to now double […]
Adani Green Energy arm bags 600 MW solar wind hybrid projects
The company has received Letters of Award (LOAs) from SECI for the 600 MW projects. The fixed power purchase agreement (PPA) tariff is Rs 2.69/kWh for a period of 25 years, it added. Adani Green Energy June 19 said its arm Adani Renewable Energy Park (Gujarat) has bagged 600 MW wind-solar hybrid projects in an […]
First pilot floating solar plant to be completed in next 2-3 months: Vedanta
In an investor brief, the company said it is focussing on renewable energy and its group firm Hindustan Zinc plans its “first pilot floating solar to be completed in next 2-3 months”. Vedanta on June 17 said its first pilot floating solar plant will be completed in the next two to three months. In an […]
This startup’s solar power solutions is making Indian homes green and future-ready
Zunroof is a home-technology company that specialises in setting up rooftop solar electricity systems. There are only a handful of engineering aspirants who manage to fulfill their parents dreams of graduating from an Indian Institute of Technology, and possibly complete a masters degree to land a cushy job in the West. But for some, an […]
Ultra-fast electric vehicle charging now available in Asheville, expanding in NC
Electrify America is expanding its nationwide network of ultra-fast electric vehicle charging with its fifth charging station installation in North Carolina on April 3. The company is expected to have 11 charging stations featuring more than 56 chargers in the state by summer. Electrify America is providing electric vehicle drivers in North Carolina more public […]
Business, Civic Leaders Urge LADWP to Step up Local Solar Goals to Fill Gap from Phased out Power Plants
Clean Energy Champions Call for Immediate, Permanent Expansion of Nation’s Largest Urban Rooftop Solar Project LOS ANGELES: A broad coalition of business, environmental and civic leaders today called on the Los Angeles Department of Water and Power to increase and accelerate its goals for generating local renewable energy, urging the utility to immediately expand a […]
Fleets are the way towards popularisation of electric vehicles: Anand Mahindra
When fleets start using EVs, economies of scale is created in the industry as the cost of these vehicles come down when more people buy them, Mahindra said. For Mahindra group, from whose stable electric luxury supercar Battista is being rolled out, the path to mass adoption of electric vehicles will be through fleet such […]