Transformers & Rectifiers (India) Ltd has received an order for transformers from a state utility. In a stock exchange filing, TRIL said that it has been awarded orders for transformers for total contract value of Rs.186 crore from Read more
Central Electricity Regulatory Commission (CERC), in a recent order, has permitted Indian Energy Exchange (IEX) to offer a wide range of long-duration contracts, ranging from over 11 days to up to 90 days. Currently, long-duration contracts are bound by Read more
Transformers & Rectifiers (India) Ltd has achieved its highest-ever transformer production of nearly 26,000 MVA in FY22. In an investor presentation filed with stock exchanges, TRIL said that transformer production in FY22 was 25,936 MVA, Read more
In a recently-released report, WWF India has highlighted that virtual power purchase agreements (VPPA) for commercial & industrial (C&I) consumers could contribute towards meeting India’s renewable energy targets. The report, “Virtual Power Purchase Agreement (VPPA) for C&I consumers in Read more
Siemens has invested $25 million to acquire minority stake in US-based WiTricity, a wireless charging technology company. Siemens and WiTricity will work together to drive innovation in the emerging market for wireless EV charging. The wireless EV charging market is Read more
Hitachi Energy and Schneider Electric have entered into a collaboration to provide greater customer value and accelerate the energy transition. The non-exclusive collaboration will support customers' sustainability efforts, including the decarbonization of the energy and industrial sectors. Hitachi Energy Read more
Coal India Ltd (CIL), on June 8, 2022, floated its first-ever international competitive bidding e-tender seeking bids for coal imports. According to a CIL statement, the Central PSU is seeking 2.416 million tonnes of coal, on behalf of state Read more
Tata Power Solar has commissioned a 450-mw solar power plant for Brookfield Renewables India. In a release, Tata Power Solar, a wholly-owned subsidiary of Tata Power, said that it has commissioned a 450-mw (DC) capacity solar plant for Brookfield Read more
Ayana Renewable Power Pvt Ltd has signed an expression of interest (EoI) with the Karnataka government to develop 2 GW of renewable energy capacity in the southern state. The EoI envisages developing wind and solar power projects totaling 2 Read more
GE is trebling its solar and battery energy storage Power Electronics Systems manufacturing capacity by the end of 2022 to 9 GW per year, the company said in a release. Vallam factory The systems are manufactured at GE’s Read more