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Mahindra, Ford sign MoU to co-develop electric vehicle model

Mahindra & Mahindra Ltd and Ford has signed a memorandum of understanding (MoU) to co-develop electric vehicles for India and emerging markets. To support Mahindra’s EV roadmap, the company had signed an agreement with LG Chem for its lithium-ion batteries.

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BHEL wins 75 MW solar project in Gujarat

Bharat Heavy Electricals Ltd has won an EPC order for a 75 MW solar PV plant to be installed at solar park in Charanka, Gujarat. The company also has manufacturing capacity of solar cells to 105 MW and solar modules to 226 MW annually.

Delhi 2018-19 budget goes green

The Delhi government run by the Aam Aadmi Party has completed three years in the governance, and yesterday announced its budget for the financial year 2018-19. The government has announced India’s first ‘Green Budget’ – it has a 26 point program. With the green budget it is estimated that around 2.1 million tons of CO2 emissions will be reduced.

Indian government to incentivize battery manufacturing industry

RK Singh chairs meeting with battery manufacturers, urges them to set up battery manufacturing units in India. He assures that all possible efforts from the government for setting up the facilities will be made.

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BHEL to manufacture Lithium-ion cells

Bharat Heavy Electricals Ltd has signed a technology transfer with ISRO for the manufacturing of Space Grade Lithium-ion cells. Once established, the company will further extend it to storage and e-mobility market.

Sterling and Wilson opens US office, launches 50 MW solar project

World’s second-largest EPC, a Mumbai-headquartered company will base their U.S. operations in Arizona. It launches with a 50 MW portfolio as EPC and/or co-development service provider.

Bloomberg New Energy Finance ranks Adani Solar as Tier-1 PV module manufacturer

Adani Solar is the fourth Indian solar PV panel manufacturing company to bagged the renowned tier-1 rating from BNEF. It gives a fresh impetus to India’s solar energy sector. Currently, the company has 1.5 GW solar module and cell manufacturing capacity.

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Azure Power wins 130 MW worth solar projects

The New Delhi-based solar energy firm has won 100 MW at Pavagada solar park in Karnataka and 30 MW solar rooftop projects with Indian railways across 12 states in India.

World Bank doing feasibility study of CRMM will take 2 years, Upendra Tripathy informs

At the tenth International Solar Alliance (ISA) monthly get-together and stakeholders meeting, held today in Noida, India, Interim Director-General of ISA announced that the World Bank is handling the common risk mitigation mechanism, and they need two years to complete the feasibility study. ISA believes that CRMM will help to get access to finance at lower cost and in larger volumes for solar-related projects in ISA member countries. European Investment Bank is developing a financial facility for off-grid projects in ISA member countries, combining the grant and debt finance.

Adani to expand its module and cell manufacturing facility to 2 GW

In an exclusive interview, Adani Green Energy Ltd (AGEL) CEO, Jayant Parimal, tells pv magazine the renewable energy company is looking to to expand both its module and cell manufacturing facility to 2 GW capacity. Moreover, it is also looking to develop floating solar PV projects in its home market, India, in addition to continuing its focus on the utility-scale solar and wind sectors.

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