Havells invests INR 600 crore in Goldi Solar
Havells India Ltd has signed binding term sheet to invest INR 600 crore in Surat-based PV module manufacturer Goldi Solar (Goldi). As part of conditions precedent to the transaction, Havells will enter into a master supply and service agreement with Goldi for consistent supply of solar modules and cells.
NTPC Green Energy, MAHAPREIT to jointly develop solar and hybrid power projects
NTPC Green Energy Ltd (NGEL) and Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) have formed a 74:26 joint venture to develop solar, wind, and hybrid power projects with or without storage in India.
BPCL, Sembcorp form renewable energy, green hydrogen joint venture
Bharat Petroleum Corp. Ltd (BPCL) and Sembcorp will jointly explore renewable energy and green hydrogen production projects to help decarbonise hard-to-abate sectors in India.
L&T, John Cockerill collaborate on concentrated solar power and thermal energy storage
The partnership combines Larsen & Toubro’s end-to-end expertise in manufacturing, EPC and services with John Cockerill’s expertise in concentrated solar power and thermal energy storage technologies to deliver round-the-clock green power solutions to Indian businesses.
Coal miner SCCL signs 1.5 GW solar MoU with RVUNL
State-owned coal miner Singareni Collieries Co. Ltd (SCCL) will develop a 1.5 GW solar park in Rajasthan through a joint venture with state power utility Rajya Vidyut Utpadan Nigam Ltd (RVUNL).
Tata Power Renewable Energy, ONGC collaborate on battery energy storage systems
Tata Power Renewable Energy Ltd and Oil and Natural Gas Corp have signed an agreement to jointly explore and identify commercial opportunities across various segments of the battery energy storage system (BESS) value chain.
Blueleaf, Jakson partner for 1 GW of solar projects in Rajasthan
Blueleaf Energy and Jakson target to jointly develop over 5 GW of renewable energy projects in India. The first project under the partnership is a 1 GW solar portfolio in Rajasthan, which benefits from 25-year power purchase agreements secured with the Solar Energy Corp. of India, NHPC, and Rajasthan Urja Vikas Nigam Ltd.
GEAPP joins ISA’s multi-donor trust fund initiative to mobilize $100 million solar finance
The Global Energy Alliance for People and Planet (GEAPP) has strengthened its partnership with International Solar Alliance (ISA) by signing ISA’s Multi-Donor Trust Fund, which aims to mobilize $100 million to fund high-impact solar energy projects.
Pennar, Zetwerk form solar module joint venture
Pennar Industries and Zetwerk Manufacturing have agreed to form a joint venture company for manufacturing and sale of solar modules.
Waaree Energies, IIT Bombay collaborate to drive perovskite solar R&D
Waaree Energies will support creation of an advanced fabrication and characterization setup for high-efficiency perovskite solar cells at IIT Bombay.
