TAG: "joint venture"

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Anant Badjatya Appointed as CEO of Indofast Swap Energy

SUN Mobility-IOCL have appointed Anant Badjatya as CEO of their joint venture, Indofast Swap Energy Pvt. Ltd. The venture aims to establish over 10,000 battery-swapping stations across 40 cities in three years, leveraging IOCL's 37,000 fuel stations.

Joint Venture | October 11, 2024 | By EI News Network | 547

AGEL Forms USD 444 Mn JV with TotalEnergies

Adani Green Energy Ltd. (AGEL) has completed a 1,150 MWac joint venture with TotalEnergies, involving a USD 444 million investment. TotalEnergies acquired a 50 percent stake in AGEL's solar projects at the Khavda renewable energy plant in Gujarat.

Joint Venture | October 01, 2024 | By EI News Network | 527

TotalEnergies and Adani Green Energy Form JV for 1,575 MWp Solar Project in Khavda, Gujarat

AGEL will contribute to the joint venture with assets and TotalEnergies will provide an equity investment of USD 444m to support their development.

Joint Venture | September 03, 2024 | By Abha Rustagi | 798

Samsung SDI Signs Deal with GM to Establish Battery Joint Venture in US

Through the partnership, the two companies will invest approximately USD 3.5 billion to build a new battery cell manufacturing plant with an annual production capacity of 27 GWh initially, targeting mass production in 2027.

Joint Venture | August 29, 2024 | By Aishwarya | 651

Cabinet Approves INR 4,136 Crore For Hydropower Projects in Northeast

The Cabinet’s approval for a CFA scheme aims to develop 15,000 MW of hydropower in North Eastern Region (NER), enhancing grid integration, flexibility, security, and reliability, while boosting local investment and employment.

Joint Venture | August 29, 2024 | By EI News Network | 696

Tokyo Gas Buys Stake in Portugal's WindFloat Atlantic

Tokyo Gas acquires a 21.2 percent stake in WindFloat Atlantic, aiming to leverage this experience to advance Japan’s offshore wind sector amid ambitious 2030 and 2040 targets.

Joint Venture | August 07, 2024 | By EI News Network | 572

Q-SUN Solar Signs JV with Bakarat Investment for 10 GW Solar PV Project in Sohar Freezone

The output from the new project will be targeted to meet Oman’s significant requirement of PV cells and modules as the Sultanate accelerates its energy transition in line with Net Zero goals.

Joint Venture | August 02, 2024 | By News Bureau | 609

Government of Mizoram Allocates 2400 MW Darzo Lui PSP to SJVN

In a significant development, the Government of Mizoram has allocated the 2400 MW Darzo Lui Pumped Storage Project (PSP) to SJVN Limited. SJVN Limited, a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP), is a Mini Ratna and Schedule 'A' Company.

Joint Venture | July 26, 2024 | By News Bureau | 1038

Avaada and Viraj Profiles Commissions JV for 130 MW Solar Power Plant in Maharashtra

The solar power project, spread over approximately 350 acres, is designed with 130 MW DC capacity to generate 200 million units of green energy annually.

Joint Venture | July 11, 2024 | By News Bureau | 785

Masdar and EDF Forge Ahead with Largest Solar Plant

The project is located at SNOC's Sajaa Gas Complex, the 60 MW solar installation marks a significant milestone in the emirate's renewable energy landscape.

Joint Venture | July 10, 2024 | By News Bureau | 852