A MoU Signed between India and Portugal

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On Monday, the Centre gave a post facto approval to MoU (Memorandum of Understanding) on renewable energy between India and Portugal. An official statement was released on the matter citing, “The Union Cabinet chaired by Prime Minister Narendra Modi has given its ex-post facto approval for signing of a MoU on Renewable Energy between India …

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NEC Energy Solution Will Build and Operate 50MW Grid Energy Storage Facilities for VLC Energy

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NEC Energy Solutions, Inc, which is a subsidiary of NEC Corporation, recently announced that it has now contracted around 50MW of energy storage projects with the firm VLC Energy, which is a joint venture company that is created by Low Carbon, another renewable energy investment company, and VPI Immingham, which is the owner of one …

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Bharat Light and Power and Europe’s Statkraft Enter a Joint Venture

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Bharat Light and Power (BLP), India’s leading renewable energy corporation is joining hands with Europe’s largest producer of Renewable Energy- Statkraft, to formulate a 50-50 joint venture project called the ‘Statkraft BLP Solar Solutions.’ This project would solve the solar energy crises of India. On Thursday, an official statement was released from the company that …

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