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Eversource buys ex investment banker's biz, enters solar rooftop space

By : Sustainability ..., Feb 11, 2020

EverSource Capital, a JV between PE firm Everstone Capital and Lightsource BP, has acquired Origin Renewables - a company which is into solar rooftop space, as part of entering the rooftop focused commercial and industrial (C&I) business. Origin, which develops and...

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Mitsui & Co. to make electric vehicle motors in India

By : Sustainability ..., Jan 21, 2020

Japanese trading house Mitsui & Co. will produce electric vehicle motors in India in partnership with Taiwanese motor manufacturer Teco Electric and Machinery, likely becoming the first Japanese company to make EV motors in the country. Teco is the world's fourth-largest...

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Hero Cycles targets 5% of global e-bike market

By : Sustainability ..., Jan 20, 2020

Bicycle major Hero Cycles is riding on its overseas acquisitions to plan carve out a 5% share of the global electric bikes market. The company which has recently acquired a strategic stake in German premium e-bike manufacturer HNF Group — together with German investment trust...

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SoftBank in talks to sell stake in India's renewable energy venture: Report

By : Sustainability ..., Jan 9, 2020

SoftBank Group Corp is in talks to sell a majority stake in its renewable energy joint venture in India as it looks to raise cash after facing setbacks to its global investments, India's Economic Times daily reported on Thursday. As part of the move, the Japanese technology...

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Thermax wins Rs 431 crore order for two FGD systems in Jharkhand

By : Sustainability ..., Jan 2, 2020

Energy and environment solutions provider Thermax Ltd said on Tuesday it has concluded an order of Rs 431 crore from a public-private joint venture power company to set up two flue gas desulphurisation (FGD) systems at its thermal power plant in Jharkhand. The customer will...

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Tata Motors in alliance talks with Chinese firms

By : Sustainability ..., Dec 17, 2019

Tata Motors Ltd, India’s largest vehicle maker, is in initial talks with a couple of Chinese automobile companies for a tie-up for its passenger vehicles business, three people aware of the development said. These companies may either invest directly in Tata Motors or form a...

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ReNew, Korean firm in JV for Rajasthan project

By : Sustainability ..., Dec 12, 2019

ReNew Power Ventures Pvt. Ltd has formed a joint venture with South Korea-based engineering, procurement, and construction (EPC) firm GS E&C to build a 300 megawatt solar power plant in Rajasthan, according to a joint statement released by the companies on Wednesday. The...

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Taiwanese EV firm forms JV with Renon India to produce battery packs

By : Sustainability ..., Dec 4, 2019

Taiwanese electric vehicle (EV) maker Ahamani EV Tech has formed a joint venture with Gujarat based battery maker Renon India on Tuesday to produce battery packs for Indian Automobile market. The new joint venture aims to provide reliable & cutting-edge technology battery...

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NMC plans 4 projects for reuse of entire city waste on daily basis

By : Sustainability ..., Nov 28, 2019

After roping in two new operators for efficient garbage collection from households, streets and to transport the same to Bhandewadi dumping yard, the Nagpur Municipal Corporation (NMC) has planned four new projects for treatment and reuse of entire solid waste generated in...

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EESL to Host Inspire 2019, With Focus on Energy Security and Sustainability

By : Sustainability ..., Nov 8, 2019

In a bid to foster a conducive ecosystem for sustainable energy through innovation, Energy Efficiency Services Limited (EESL) a joint-venture of PSUs under the Ministry of Power, Government of India will host its flagship international event, ‘International Symposium to...

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