Mumbai (Maharashtra) [India] : Maharashtra government on Thursday approved a joint venture between state-run MahaGenco and India’s largest power generator NTPC which will set up an ultra-mega solar power park with a total generation capacity of 2,500 MW. “National Thermal Power Corporation Limited (or its subsidiary) and Maharashtra State Power Generation Company (Mahagenco) will have […]
AQUILA CAPITAL AND TOPINFRA ANNOUNCE JOINT VENTURE IN SOUTH KOREA – EQ Mag Pro
• The joint venture, Aquila Development Partners, will develop solar photovoltaic (PV), wind power and Battery Energy Storage Systems (BESS) projects • The current pipeline includes 430MW of solar PV and 1,000MW of wind power • The partnership brings together complementary local and international expertise in renewable energy to meet the growing capacity demands in […]
IndianOil, L&T and ReNew to form JV for development of Green Hydrogen Business – EQ Mag Pro
IndianOil & L&T to also form JV to manufacture Electrolyzers. GURUGRAM, India : In a bid to enable India’s decarbonization push, Indian Oil Corporation Ltd., (IndianOil), the country’s top refiner and fuel retailer, Larsen & Toubro (L&T), India’s premier engineering & construction conglomerate, and ReNew Power (“ReNew”) (NASDAQ: RNW) (NASDAQ: RNWWW), India’s leading renewable energy […]
DVC, NTPC form JV for renewable power projects – EQ Mag Pro
DVC will hold 49 per cent and NTPC Renewable will hold 51 per cent in the JV company to implement renewable energy parks and projects including those approved under Ultra Mega Renewable Energy Power Parks Scheme and CPSU scheme. DVC did not provide any further details. Sources said this JV will execute GW size projects. […]
India-Norway JV to develop green hydrogen megaproject in Oman – EQ Mag Pro
Two renewable energy companies have joined forces to build a $2.5bn green hydrogen and ammonia project in Oman. The 50:50 joint venture between Norway’s Scatec and India’s Acme Group will design and build the plant in the Duqm Special Economic Zone, about 400km south of Muscat. The first phase is expected to produce 100,000 tonnes […]
Shell joint venture Atlantic Shores wins acreage in New York Bight, expanding offshore wind market share – EQ Mag Pro
Atlantic Shores Offshore Wind Bight, LLC, the bidding entity representing Atlantic Shores Offshore Wind (Atlantic Shores), a 50-50 joint venture between Shell New Energies US LLC (Shell) and EDF-RE Offshore Development, LLC (EDF), is the provisional winner of block OCS-0541 in the New York Bight offshore wind auction. This area, subject to a future investment […]
SJVN – Creduce (JV) in 1500 MW, Largest Indian Hydro Power Based Carbon Credit Deal – EQ Mag Pro
Ahmedabad: Creduce Technologies Private Limited – HCPL JV announces winning the bid for India’s single largest Hydro Power Carbon Credits project with Satluj Jal Vidyut Nigam Ltd. This project under joint venture could result in creation of more than 80 million carbon credits from Satluj Jal Vidyut Nigam’s vintage project making it the biggest public-private […]
Pinnacle-VDL JV to invest Rs 2000 crore to enter bus and last-mile EV market – EQ Mag Pro
Pinnacle Mobility Solutions, a unit of Pune-based Pinnacle Industries, would invest Rs 2,000 crore to make electrical buses and e-mini vans to cater to the booming last-mile mobility area. Pinnacle Mobility has entered right into a 74:26 partnership with certainly one of Europe’ s largest family-owned enterprises – VDL Groep – to cater to this […]
ASM Technologies and Hind High Vacuum form a joint venture for semiconductor and solar industries – EQ Mag Pro
ASM Technologies and Hind High Vacuum (HHV) have formed a 50:50 Joint Venture (JV). The new entity will undertake design led engineering and manufacturing of tools, sub-systems, sub-system components and components for the semiconductor and solar industries. Speaking on the new development, Mr. Rabindra Srikantan, Managing Director, ASM Technologies Ltd. said, “ASM and HHV have […]
ADVIK Hi-Tech forms JV with Australia’s H2X Global to develop components for Hydrogen Vehicles – EQ Mag Pro
Pune-based tier 1 supplier Advik Hi-Tech and Australia’s H2X Global have announced a joint venture to manufacture products and components for hydrogen vehicles and powered products for the Indian and global market. The vehicles and components have been designed and developed by the H2X Global design team and production is scheduled to start immediately to […]