TAG: "joint venture"

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IREDA Forms JV with SJVN, GMR Energy and NEA to Develop 900 MW Hydropower Project in Nepal

IREDA has finalized a Joint Venture Agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) for the development of the 900 MW Upper Karnali Hydro-electric Project in Nepal. This strategic initiative aims to strengthen regional energy security and accelerate renewable energy growth.

Joint Venture | January 17, 2025 | By News Bureau | 342

Pennar Industries and Zetwerk Manufacturing Form Joint Venture for Solar Module Production

Hyderabad-based Pennar Industries Ltd. has partnered with Bengaluru's Zetwerk Manufacturing Businesses Pvt. Ltd. and other stakeholders to form a joint venture focused on manufacturing and selling solar modules for domestic and international markets.

Joint Venture | January 03, 2025 | By EI News Network | 656

Stellantis and CATL Form JV to Invest Up to €4.1 Billion for LFP Battery Plant in Spain

Stellantis and CATL announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain.

Joint Venture | December 12, 2024 | By News Bureau | 550

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 | 866

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 | 823

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 | 1124

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 | 882

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 | 963

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 | 799

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 | 844