GE and Continuum Green Energy (India) Pvt Ltd or “Continuum”, a company majority-owned by Morgan Stanley Infrastructure Inc, announced financial close of GE Energy Financial Services’ (GE EFS) acquisition of 49 per cent stake in Continuum’s 148.5-mw Morjar Read more
Chhatrapati Shivaji Maharaj International Airport (CSMIA) has become India’s first airport to launch a one-of-its-kind vertical axis wind turbine (VAWT) and solar PV hybrid to explore the possibility of utilization of wind energy at the airport, a release Read more
Magenta ChargeGrid recently inaugurated its first EV charger in Kerala through its partnership with Crescendo, a premium store for lifestyle solutions for homes in Malabar Region of the southern state. Crescendo which houses authorized brand store for BOSCH Home Read more
Renewable power producer Azure Power Global Ltd announced that it has executed a Module Supply Agreement with Premier Energies Group, a domestic manufacturer of solar PV cells and modules, for supply of modules up to 600 MW per Read more
The National Committee on Transmission (NCT) in its latest meeting has approved the implementation of the “Western Region Expansion Scheme – XXV” under the regulated tariff mechanism (RTM) route. The scheme, costing about Rs.210 crore, needs to be completed Read more
Transformers & Rectifiers (India) Ltd has received an order for transformers from a state utility. In a stock exchange filing, TRIL said that it has been awarded orders for transformers for total contract value of Rs.186 crore from Read more
Central Electricity Regulatory Commission (CERC), in a recent order, has permitted Indian Energy Exchange (IEX) to offer a wide range of long-duration contracts, ranging from over 11 days to up to 90 days. Currently, long-duration contracts are bound by Read more
Transformers & Rectifiers (India) Ltd has achieved its highest-ever transformer production of nearly 26,000 MVA in FY22. In an investor presentation filed with stock exchanges, TRIL said that transformer production in FY22 was 25,936 MVA, Read more
In a recently-released report, WWF India has highlighted that virtual power purchase agreements (VPPA) for commercial & industrial (C&I) consumers could contribute towards meeting India’s renewable energy targets. The report, “Virtual Power Purchase Agreement (VPPA) for C&I consumers in Read more
Siemens has invested $25 million to acquire minority stake in US-based WiTricity, a wireless charging technology company. Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging. The wireless EV charging market is Read more