UltraTech Cement has announced the signing of a non-binding memorandum of understanding with Punjab Renewable Energy Systems Pvt Ltd (PRESPL) with a view to stepping up the use of biomass in place of fossil fuels like coal, in the cement manufacturing process.
UL, the global testing, inspection and certification providers for renewable energy projects, has been awarded certification contracts by Siemens Gamesa Renewable Energy (SGRE) for the company’s most advanced turbine designs.
Reliance Industries has announced strategic acquisitions in two companies in the solar power space. These acquisitions are in line with Reliance Industries’ vision of becoming a global player in the renewable energy industry.
Vikram Solar has commissioned a 1-mw solar plant for Kolkata Port Trust (KoPT), now known as The Syama Prasad Mookerjee Port Trust, a release from Vikram Solar said.
Adani Green Energy Ltd has completed the acquisition of SB Energy Holdings Ltd (SB Energy India) in an all-cash deal for which definitive agreements were signed on 18 May 2021.
Virescent Infrastructure, an Indian renewable energy platform sponsored by global investment firm KKR, has setup India’s first renewable energy infrastructure investment trust (RE-InvIT), Virescent Renewable Energy Trust (“VRET”).
Uttar Pradesh has seen the highest number of solar open access installations in the fisrt half (January to June) of 2021, according to a recent report by Mercom.
NTPC has sharpened its focus on renewable energy and this sector is going to be the company’s next pillar of growth, according to NTPC CMD, Gurdeep Singh.
The board of Central PSU hydropower company NHPC has approved the formation of two subsidiaries, dedicated for special purposes.
Central PSUs NTPC and SJVN have recorded big project wins in the recently concluded CPSU Scheme II (Tranche III) auction conducted by nodal agency IREDA.