Torrent Power Limited, a leading private power utility in India, has announced that it has received a Letter of Award from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for supplying 2,000 megawatts (MW) of energy storage capacity from its upcoming InSTS Connected Pumped Hydro Storage plant. This development represents a critical advancement in addressing the […]
BHP Group Ltd. is advancing a major expansion of its copper smelter and refinery at Olympic Dam in South Australia, aiming to meet the surging global demand for copper, crucial for the green energy transition. The South Australian Government has initiated an application and assessment process for this expansion, signaling a vital development in the […]
Equinor and Polenergia are on the brink of commencing the construction of two major offshore wind farms in the Baltic Sea, following the recent issuance of a comprehensive set of construction permits by the Pomeranian governor. The Bałtyk 2 and Bałtyk 3 projects, jointly developed by the Norwegian energy giant Equinor and Polish energy firm […]
Shyam Metalics and Energy Limited, a prominent player in the Indian metal manufacturing sector, has made a significant commitment to renewable energy by finalizing the first phase of its ambitious 100 MW solar power project. This initiative highlights the company’s dedication to sustainability, aiming to integrate rooftop and floating solar technologies across its facilities in […]
Gensol Engineering Limited has been awarded a significant contract to execute a 16 MWp turnkey EPC rooftop solar project, valued at Rs. 40 Crore, for a leading textile company. This major order, which marks a repeat collaboration, will be installed in Madhya Pradesh and is set to be completed within six months. The project will […]
In a landmark agreement, the Queensland Government and global mining giant Rio Tinto have forged a strategic partnership to ensure the long-term viability of Boyne Smelters Limited (BSL), Australia’s second-largest aluminium smelter. This move highlights a significant step in advancing Queensland’s ambitions to become a leading hub for renewable energy, while safeguarding thousands of jobs […]
Contemporary Amperex Technology Co., Limited (CATL) has launched NING Space, the world’s pioneering new energy experience centre, in Chengdu, Sichuan Province. This cutting-edge facility, the result of a collaboration between various car manufacturers and local authorities, aims to transform consumer interactions with electric vehicles (EVs) through a comprehensive “view, select, use, and learn” experience. The […]
Muthoot Capital Services Limited (MCSL), a leading non-banking financial company (NBFC) under the prestigious Muthoot Pappachan Group, has recently unveiled a partnership with a distinguished UK-based development financial institution. This collaboration secures a significant ₹100 crore in long-term debt funding, facilitated by Axis Bank, to enhance its electric vehicle (EV) portfolio. This initiative is not […]
Hindustan Zinc, a global frontrunner in integrated zinc-lead-silver production, has made significant strides in environmental sustainability, achieving a 14% reduction in greenhouse gas (GHG) emission intensity from the base year 2020. This progress is part of the company’s broader commitment to decarbonization and its target to reach Net Zero emissions by 2050, as outlined in […]
Shyam Metalics, a leading and rapidly expanding integrated metal-producing group, announced its ambitious entry into the aluminium sector with a significant greenfield expansion project. The group plans to invest INR 450 crores to enhance its manufacturing capabilities, focusing on aluminium flat-rolled products. This strategic move is not just about capacity expansion; it’s aimed at generating […]