IndiGrid partners BII, Norfund, and Techno Electric to develop transmission projects in India
British International Investment and Norfund will invest in IndiGrid’s three inter-state transmission system projects currently under-construction. These projects are expected to support evacuation of 6 GW of renewable energy in the states of Madhya Pradesh and Maharashtra. Techno will co-develop two of these projects.
Amara Raja secures lithium battery, EV charger deal with Piaggio India
Amara Raja has signed the agreement to develop and supply lithium-ion cells, battery packs, and chargers for Piaggio electric vehicles in India.
Advait Energy invests in Norway’s TECO 2030
Advait Energy Holdings has invested in the Norwegian company TECO 2030 that develops PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules. Post this initial tranche of investment, it holds 2.63% shares of TECO 2030.
Mobile floating PV plant powers Paris’ Olympic village
Transported 900 metres along the Seine, a 78 kW temporary photovoltaic power plant has docked at the Athletes’ Village to meet the needs of the Olympic and Paralympic Place for renewable electricity consumption.
Jakson Green secures $35.38 million credit facility from First Abu Dhabi Bank
Jakson Green has secured a credit facility of INR 2.96 billion ($35.38 million) from First Abu Dhabi Bank (Mumbai) to fuel its international expansion. The first beneficiary of this funding will be Jakson Green’s upcoming solar and battery storage project in Uzbekistan.
Essar Energy Transition launches EET Hydrogen Power
Essar Energy Transition (EET) has launched EET Hydrogen Power, Europe’s first hydrogen-ready combined heat and power plant (CHP) to be built at its Stanlow refinery
REC secures JPY 31.96 billion green loan from Deutsche Bank AG
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
Advait Infratech sets up green hydrogen subsidiary in Norway
Advait Infratech’s wholly owned subsidiary, Advait Energy Holding AS, will engage in strategic collaboration and investments, services, marketing, manufacturing and exchanging technical know-how in the space of the green hydrogen ecosystem.
Amara Raja signs LFP battery technology deal with China’s Gotion
Amara Raja Energy & Mobility Ltd has secured the technology license from China’s Gotion High-Tech to manufacture lithium ferro phosphate (LFP) battery cells in both cylindrical and prismatic form factors.
Amara Raja increases stake in InoBat to 9.32%
Amara Raja Energy & Mobility has increased its stake in EV battery specialist InoBat to 9.32% with a further investment of EUR 20 million into the company.
