In Short : Vedanta Group has made a significant diversification move into the cement business with its ₹17,000 crore proposal to buy Jaiprakash Associates Ltd (JAL). Vedanta will become a major role in India’s quickly expanding infrastructure and construction environment if this deal is successful.
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In Short : A green hydrogen pilot project was launched at V.O. Chidambaranar (VOC) Port in Tuticorin by Union Minister Sarbananda Sonowal. As part of a renewable energy transition, this is India’s first port-based hydrogen project, intended to power EV charging stations and streetlights in the port colony.
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In Short : By acquiring electrolysers for future pilot projects, NLC India Limited has reached a significant turning point in its green hydrogen journey. In keeping with India’s national objective on green hydrogen, this step represents the company’s foray into large-scale hydrogen generation.
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In Short : Gautam Adani’s Adani Group and Mukesh Ambani’s Reliance Industries are engaged in a multibillion-dollar sustainable energy competition in India’s enormous Kutch Desert. In order to establish the area as a center for India’s renewable energy production, both businesses are constructing enormous solar and wind energy projects.
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In Short : Numerous investors have shown interest in the auction of Jaiprakash Associates’ power division, JP Power, highlighting the increased emphasis on clean energy transitions and the growing need for renewable resources like solar energy.
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In Short : The U.S.-based Flatiron Energy and South Korea’s SK On have partnered to provide cutting-edge battery technologies for massive energy storage projects. Strengthening America’s clean energy infrastructure and guaranteeing dependable grid support are the goals of the partnership.
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IN Short : With an emphasis on affordable solar panel installations for residential customers, QuantE Energy has raised $500K in seed funding to increase household access to solar energy.
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In Short : In order to strengthen India’s clean energy supply chain and encourage the use of solar energy and other renewable resources, Hitachi Energy announced an investment of ₹300 crore to expand its facility in Mysuru.
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In Short : For 192 crore, Waaree Energies, one of the top producers of solar modules in India, purchased a 64 percent share in Kotsons Private Ltd. With this calculated move, Waaree enters the transformer market, extending its reach throughout the value chain for renewable energy.
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In Short : An industry leader in renewable energy has signed contracts for 189.1 MWp of solar projects, adding to its operations and maintenance (O&M) portfolio. The company’s 3,100 MW order book is strengthened by this acquisition, which reflects strong demand and enduring client confidence.
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