KPIT has signed the technology transfer agreement with Trentar Energy Solutions for commercialization of its sodium-ion battery technology. Under the agreement, Trentar will build a 3 GWh sodium-ion manufacturing facility with KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.
SGEL Assam Renewable Energy Ltd, a joint venture between SJVN Green Energy Ltd and Assam Power Distribution Co. Ltd, intends to develop a 25 MW green hydrogen plant within the state of Assam.
Juniper Green Energy has secured $1 billion in phased debt financing to support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects.
H.G. Infra Engineering has incorporated a wholly owned subsidiary company, H.G. Gujarat Bess, to carry our business in the field of battery energy storage systems.
South Korean scientists have developed a breakthrough lithium-ion battery technology by modifying the LNMO cathodes that enhances stability and efficiency, boosts battery lifespan, and energy density of Li-ion batteries.
Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.
NTPC has secured a power purchase agreement (PPA) with Indian Army for sale of power from its solar-hydrogen based microgrid project at Chushul (Ladakh).
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
A new Australian National University study says long-duration pumped hydro on non-river sites, combined with batteries, can meet global energy storage needs.
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
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