The Einfews Top News Updates: Tata Power and ADB Sign MoU $4.25B for 966MW Solar-Wind Projects & PHS in India
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Tata Power and ADB Sign MoU $4.25B for 966MW Solar-Wind Projects & PHS in India
Tata Power has signed a USD 4.25 billion MoU with ADB to finance key projects, including a 966 MW Solar-Wind Hybrid and Pumped Hydro Storage (PHS). The partnership aims to enhance India’s Renewable energy capacity, energy security, and infrastructure... read more
TPG Inc. in Talks to Acquire Wind Energy Assets
TPG Inc. is in advanced talks to acquire Siemens Energy’s Indian Wind Energy assets, valued at over $300 million. TPG has outbid rivals, including private equity firms and industry players, emerging as the likely buyer. Siemens Gamesa is exploring the sale of its assets... read more
BW ESS and ACL Energy Partnership for 2.5 GW Energy Storage in Italy
BW ESS & ACL Energy have expanded their partnership to co-develop 11 new Battery Energy Storage Projects in Italy, adding 2.5 GW capacity. This increases their joint pipeline to 14 projects, totaling 2.9 GW. Seven projects are under review by Italy’s Environmental Ministry... read more
USD 1.3 Billion loan to ENTEK for EV battery separator plant
A loan of USD 1.3 Billion finalized by US Department of Energy’s loan to ENTEK Lithium separators to finance a plant in Indiana. Loan was offered in July, through the LPO’s Advanced Technology Vehicles Manufacturing Loan Program... read more
Malaysia to produce 2 million ton Hydrogen annually by 2030
Ministry of Science, Technology and innovation (MOSTI) aims to produce 2 million tons of Hydrogen annually and targets to scale it up to 16 million per annum by 2050 under Economy and Technology Roadmap (HETR) This move will support decarbonization of key sectors of economy which heavily... read more
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