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Strategic Alliances

Magenta Power to roll out street lamp integrated EV charger

The ChargeGrid Flare, costing around Rs 95,000, shall enable faster deployment of curbside vehicle charging with less street clutter than other approaches.

Proposals invited for joint India-South Korea research in renewable energy and green mobility

Proposals must reach the Department of Science & Technology (DST), Government of India, and Ministry of Science and ICT (MSIT) of the Republic of Korea by May 8. Each selected project will be funded for a period of three years.

Tata Power to set up EV infrastructure for Jaguar Land Rover

Tata Power will install a range of AC and DC chargers, starting from 7 kW to 50 kW capacity, for Jaguar Land Rover’s electric vehicles to be launched in India.

US based Triton Solar buys stake in startup Ushva Clean, JV to launch electric car

Leveraging Triton Solar’s battery technology and Ushva’s experienced team from IIT Bombay, the strategic alliance aims to develop one-of-a-kind car with the longest travel range on a single charge and unique user experience.

Qatar Investment Authority buys 25.1% stake in Adani Electricity Mumbai

The total QIA investment in AEML is Rs 3220 crore (US$ 452 million), which includes equity consideration of Rs 1210 crore (US$ 170 million) and shareholder subordinated debt of Rs 2010 crore (US$ 282 million).

Decoding the Adani-Total solar deal

While the stake sale in solar portfolio will allow Adani to carry out its contracted pipeline efficiently, it could also mean commercial & industrial (C&I) rooftop as a growth opportunity for both the companies—according to Wood Mackenzie analysts.

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Total to buy 50% stake in Adani Group’s 2.1 GW solar portfolio

The French oil and gas giant—which is already a partner in Adani’s natural gas business—will now invest US$ 510 million to buy 50% stake in 2,148 MWac operating solar power projects owned by Adani Green Energy Limited.

IndianOil buys stake in Israel’s Phinergy for manufacturing of aluminium-air batteries

The joint venture will set up a factory in India to manufacture Al-Air batteries for electric vehicles and stationary applications and facilitate development of eco-system for Al-Air technology.

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EESL, BHEL partner on EV charging infrastructure for highways

BHEL’s scope of work includes complete engineering, procurement and construction (EPC) solutions from concept to commissioning of EV charging stations. EESL, on the other hand, will make the entire upfront investment on services, along with the operation and maintenance of the infrastructure.

Togo selects NTPC as PMC for 300 MW solar project

With this, the West African nation becomes the first International Solar Alliance (ISA) member to avail services of NTPC. Presently, there are six programmes of the ISA to develop solar capacities in member countries, which include agricultural pumps, mini grids, rooftop solar, large-scale grid connected projects, etc.

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