Strategic Alliances

Siemens will provide smart charging infrastructure solutions for Switch Mobility’s commercial electric vehicle customers in India. It will also collaborate on implementing innovative business models such as eMobility-as-a-Service, Vehicle-to-Grid, and on-site/off-site renewable energy sources by leveraging batteries from commercial vehicles. 

Global and Indian industry players have created an India hydrogen alliance committed to building a hydrogen economy and supply chain in India. NYSE-listed hydrogen solutions provider Chart Industries and India’s Reliance Industries will act as co-leads of the coalition that aims to help develop hydrogen production and storage, industrial and transport use-cases.

The Department of Science & Technology, Government of India, and the Swedish Agency for Innovation Systems (Vinnova) have issued a call for joint R&D proposals in renewable energy, electric vehicles and energy storage. The deadline for the submission of proposals is May 6.

Ireland’s Fusion Fuel Green would first set up a demonstrator plant for BGR Energy to generate cost-competitive green hydrogen. The plant would come up in Tamil Nadu’s Cuddalore district in the second half of 2021. It would then co-develop projects with BGR throughout India.

The joint venture company, Empat Mitra Indika Tenaga Surya (EMITS), will provide onsite and offsite solar, battery storage and EV charging infrastructure solutions to Indonesia’s commercial and industrial sector. It expands Fourth Partner Energy’s footprint in South-east Asia while taking Indika Energy a step closer towards meeting its commitment to increase revenues from the non-coal segment by 50% by 2025.  

The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.

Under the joint venture, Sterling and Wilson will provide end-to-end services for electric vehicle charging stations across India. 

Proceeds from the transaction with RMG Acquisition will be used to support ReNew’s growth strategy, including the buildout of its contracted, utility-scale renewable power generation capacity and to reduce debt.

The partnership will lead to enhanced power system modeling backed with rich data-sets to identify interventions for addressing power sector problems like grid instability.

A new report says the United States and India have an opportunity to partner to catalyze foreign institutional investment in India’s green transition. It lays out what such a partnership should look like and how it would benefit both countries and the world.