GUJARAT: ENGIE, a global leader in low-carbon energy and services, today announced a major milestone in its India journey with the successful award of 280 MW / 2 hrs of battery storage capacity in the Gujarat Urja Vikas Nigam Limited (GUVNL) auction. Part of the 2 GW / 4 GWh national tender, this represents one of the largest Battery Energy Storage System (BESS) allocations in the country to date and marks ENGIE’s formal entry into utility-scale storage in India. With this award, ENGIE’s India portfolio now reaches approximately 2.75 GW, strengthening its role as a long-term partner in enabling India’s 500 GW clean energy ambition and accelerating the shift toward firm, future-ready renewable power.

This project comes at a pivotal moment for India’s renewable and storage sector. As solar and wind capacity scale rapidly, the country needs large-format storage systems that can deliver clean power on demand, reduce curtailment, and enhance grid stability. ENGIE’s GUVNL BESS project will help address peak loads, enable smoother 24/7 renewable integration, and support the next phase of India’s grid modernisation.

Globally, ENGIE has set an ambition of deploying 95 GW of renewable and storage installed capacity by 2030. The Group already operates  55 GW and has 6 GW under construction, bringing deep technological expertise and operational maturity to India’s evolving storage market. The GUVNL award builds on this global foundation and positions ENGIE to deliver a new class of reliable, flexible energy solutions to India.

Amit Jain, CEO and Country Manager ENGIE India, Managing Director Renewables & Batteries India & South-East Asia, expressed, “India’s renewable story is entering a decisive phase, where scale must be matched with firmness, flexibility, and digital intelligence. Storage is the bridge that will take us there. This award strengthens ENGIE’s mission to build the next generation of hybrid and storage-backed infrastructure that can support peak demand, integrate more renewables, and deliver dependable clean power to millions. Backed by ENGIE’s global storage expertise, we are committed to shaping an energy system that is resilient, efficient, and ready for the future India is building.”

The win reinforces ENGIE’s long-term commitment to India’s clean energy future. With scalable, technology-led renewable and storage solutions, ENGIE continues to advance a resilient, low-carbon energy ecosystem that is essential to meeting India’s 2030 and 2047 climate goals.

The post ENGIE Enhances Renewable Capacity in India with 280 MW Battery Storage in Gujarat appeared first on NRI News.

The MoU was signed by Mr Srivatsan Iyer, Global CEO, Hero Future Energies, in the presence of Sri N. Chandrababu Naidu, Hon’ble Chief Minister of Andhra Pradesh, Sri K. Vijayanand, IAS, Chief Secretary, Govt of AP, Dr M. Kamalakar Babu, Vice Chairman & MD, NREDCAP, Govt of AP and Sri C.M. Saikanth Varma, IAS, CEO, AP Economic Development Board and Mr Rahul Munjal, Founder & CMD, Hero Future Energies and senior officials from both sides at Visakhapatnam, on the sidelines of the AP Govt – CII Partnership Summit. Under the agreement, HFE will establish the renewable energy generation projects in two phases, creating over 15,000 direct and indirect jobs in total.

As part of the MoU, HFE will leverage its expertise in renewable energy technology, design, and implementation to set up the projects in a time-bound manner. Hon’ble CM of Andhra Pradesh assured HFE Chairman that NREDCAP and APEDB will facilitate necessary assistance to enable project development, including coordination with relevant departments of the Government of Andhra Pradesh and the Union Government of India for required approvals and support. In response, HFE Chairman and Managing Director, Mr. Rahul Munjal, informed the Hon’ble Chief Minister that HFE will invest an additional INR 15000 crore in renewable energy projects in the state, taking the total value of the current proposed investments to INR 30,000 crores.

Speaking on the occasion, Rahul Munjal, Founder and CMD, Hero Future Energies, said, “This partnership marks more than an investment—it’s a step towards redefining how States and private enterprise can jointly drive India’s clean energy transition. Andhra Pradesh’s proactive policy environment and strong infrastructure make it a top priority investment destination.”

Srivatsan Iyer, Global CEO, Hero Future Energies, said, “The proposed projects are proving ground for complex renewable ecosystems that combine scale, innovation, and impact. Through this MoU, we are adding 4 GW of green capacity and also setting in motion a model of sustainable industrial growth that generates long-term employment, attracts ancillary industries, and strengthens the AP’s role in India’s decarbonisation journey.”

The MoU will remain valid for a period of 12 months from the date of signing and aims to enable swift project commencement and investment facilitation in the renewable energy sector of Andhra Pradesh.

Hero Future Energies (HFE) is rapidly positioning itself as a powerhouse in India’s clean energy ecosystem, scaling an integrated portfolio that spans solar, wind, hybrid systems, and green hydrogen. Building on its proven track record in hybrid and advanced renewable solutions, the company has recently secured major MoUs — including one with the Government of Karnataka for a ₹11,000 crore investment in renewables and green hydrogen, and financing support of ₹1,024 crore from the State Bank of India for a 60 MW hybrid solar-wind-storage project in Andhra Pradesh. These commitments reflect HFE’s strategic shift beyond conventional generation into firm, dispatchable renewable energy and decarbonisation of hard-to-abate sectors, with a growing international footprint across Europe and Southeast Asia. Backed by marquee investors like KKR and the International Finance Corporation (IFC), HFE is driving expansion through technology integration, geographic diversification, and complex project structuring—cementing its role as a front-runner in India’s energy transition.

The post Hero Future Energies Partners with Andhra Pradesh Government in ₹30,000 Crore MoU for Renewable Energy Development appeared first on NRI News.

The proposed facility will utilize high ash Indian coal from NTPC’s captive mines, converting it into SNG – a cleaner fuel alternative for NTPC’s gas-based power stations as well as in-situ power generation. This initiative aligns with the national vision for cleaner coal technologies and energy diversification.

Coal gasification is emerging as a key enabler for the sustainable utilization of domestic coal reserves, reducing dependency on imported fuels and lowering emissions.

Further, NETRA – which is the R&D wing of NTPC – is actively leading the initiative under its broader vision of “Greening the Coal” and advancing carbon capture and utilization technologies. The collaboration with EIL thus marks a significant milestone in developing integrated, indigenous solutions for clean energy and reinforces NTPC’s commitment to innovation-driven sustainability.

NTPC Ltd. is contributing one-fourth of India’s power requirements and has an installed capacity of 84 GW, with an additional capacity of 30.90 GW under construction, including 13.3 GW of renewable energy capacity. The company is committed to achieving 60 GW of renewable energy capacity by 2032, strengthening India’s Net Zero goals.

With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation. The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.

Along with power generation, NTPC has ventured into various new business areas, including e-mobility, battery storage, pumped hydro storage, waste-to-energy, nuclear power, and green hydrogen solutions. It has also participated in the bidding for the power distribution of Union Territories.

The post NTPC and EIL Collaborate on Coal-to-SNG Facility to Enhance Grid Stability and Support Clean Energy Transition appeared first on NRI News.

Dr. Bhagawan Pawar, Deputy Director of Health Services, Pune Circle, inaugurated the event as the Chief Guest. Delivering his keynote on “Air Quality Challenges, Health Impacts, Actions & Future of Pune,” Dr. Pawar outlined his department’s ongoing efforts to address air quality challenges across the region.

“Recognising the seriousness of the problem, we have strengthened air quality monitoring and data integration in partnership with the Maharashtra Pollution Control Board (MPCB) and SAFAR (IITM Pune) to ensure real-time data is available for both citizens and decision-makers,” he said.

He highlighted initiatives such as public awareness campaigns in schools and communities to educate people about precautions during high-pollution days, discouraging open burning, and promoting behavioural change. The department, he noted, has enhanced healthcare preparedness through special respiratory clinics, wider availability of nebulisers and inhalers, and training for doctors to identify pollution-related health issues early. Coordination with PMC, PCMC, and the Zilla Parishad continues to focus on dust control at construction sites and strengthening waste-segregation systems.

“Looking ahead, our vision is clear – to make Pune a model city for clean air and healthy living,” Dr. Pawar added. “Our success will depend on collective participation. Government, industry, academia, and citizens must work together, combining technology, research, and awareness to build a cleaner and healthier future. Clean air is not a luxury; it is a fundamental right essential for the future of our children.”

The conference underscores that indoor air quality is no longer a niche concern –  it directly impacts public health, workplace productivity, and community well-being. With India’s rapid urbanisation and rising pollution levels, IAQ India 2025 has emerged as a national platform connecting science, policy, and design to drive collective action.

Delegates are engaging in sessions that address the urgent need for cleaner indoor environments through knowledge exchange, technology showcases, and collaborative frameworks aligned with India’s health and sustainability goals. Alongside the conference, visitors can explore innovations in air purification, ventilation systems, sensors, and smart building management solutions showcased by leading companies and research institutions.

Delivering the Conference Keynote, Mr. Vikram Murthy, Conference Chair, AHRI India Representative & Director, Univac Environment Systems, spoke on “Air Quality at Crossroads: Bridging Public Health, Policy, and Urban Development.” He emphasised the growing air quality challenges in Indian cities and their direct impact on productivity and well-being.

“Air quality must be treated as a cornerstone of sustainable urban growth,” Mr. Murthy noted, calling for integrated policies that connect healthcare, building standards, and urban development.

Co-Conference Chair, Mr. Ashish Rakheja, Fellow ASHRAE, ISHRAE, and Sr. Fellow IGBC; Managing Partner, AEON Consultant, highlighted the deep interlinkage between ambient and indoor air quality. “Most Indian cities experience hazardous levels of PM2.5, NOx, and other pollutants that infiltrate indoor spaces. The lack of enforceable IAQ standards and public awareness leads to unhealthy buildings that fail to protect occupants,” he said.

Mr. Rakheja stressed the need for a multi-pronged approach integrating design, technology, and policy – including filtered mechanical ventilation, low-emission materials, and real-time IAQ monitoring. Post-COVID learnings, he added, have further reinforced the value of ventilation and purification in shared spaces.

Mr. Vanshaj Kaul, Director, Eurovent India, remarked, “IAQ India 2025 is dedicated to promoting healthier, smarter, and more sustainable indoor environments. Clean indoor air is vital to our comfort, productivity, and long-term health. I applaud the organisers for bringing together experts and innovators to drive collective action for cleaner air and a better future.”

Day One of IAQ India 2025 focused on Air Quality, Public Health, and Policy Frameworks, while Day Two will explore Design, Technology, and Operational Excellence.

Organised by Thermal Control Magazine, the event represents a landmark effort to mainstream IAQ as a national agenda, aligning with India’s broader sustainability and public-health missions.

IAQ India 2025 reaffirms that clean indoor air is not merely a comfort parameter — it is a cornerstone of human well-being and sustainable urban living.

The post IAQ India 2025 Kicks Off in Pune appeared first on NRI News.

Through this initiative, FFPL has positively transformed the lives of around 60,000 people across Pune (Maharashtra), Hosur (Tamil Nadu), Sitarganj (Uttarakhand), and Jamshedpur (Jharkhand), by enabling clean drinking water access and sanitation infrastructure, where previously these communities faced a lot of challenges. In two years, FFPL has built multiple R.O. plants, hand-wash stations, and toilets in specific schools and villages. Initially, it was very difficult for students to have access to even such basic facilities; with this initiative, FFPL has addressed and supported the cause.

The award was presented by the Chief Guest, Mr. Siddhartha Daga, Chief Impact Officer, Neomotion,  to the Fleetguard team, represented by Mr. Avinash Mane, Deputy General Manager – HR & IR, and Ms. Priyanka Chavan, Assistant Manager – CSR.

Fleetguard Filters has had a long history of undertaking impactful CSR projects across India, focusing on areas like promotion of art & culture, education, health & safety, rural development, and environment. This award reiterates the company’s position as a responsible corporate entity dedicated to holistic societal development.

The post Fleetguard Filters Private Limited Wins “Best CSR Project of the Year 2025” for Clean Water Initiatives appeared first on NRI News.

PUNE: Cooper Corporation, a globally renowned manufacturer of engines, engine components, and generators, proudly announced the dispatch of its first bulk shipment of gas-powered gensets to the United States. This milestone marks the beginning of Cooper’s full-scale export, the first of many to the USA, with the company set to export gensets ranging from 5 kVA to 500 kVA, each approved by the US Environmental Protection Agency (EPA).

The flagship 10 kVA and 25 kVA gas genset from Cooper Corporation are the only EPA-compliant engine of its kind in India, showcasing the company’s engineering excellence and commitment to environmental compliance. The gensets, particularly the 25 kVA variant, have received encouraging responses from the American market.

Alongside the US, Cooper is also exporting its V-Twin LPG 10 kVA gensets to Japan, in collaboration with its Japanese partner, Sinfonia. This international expansion signifies Cooper’s growing footprint in the global power solutions industry.

Sharing his thoughts on this proud occasion, Farrokh N. Cooper, Chairman and Managing Director of Cooper Corporation Pvt. Ltd., said, “Today marks a historic and proud milestone for Cooper Corporation as we commence large-scale exports of EPA-certified gensets to the United States, a testament to our unwavering commitment to innovation, quality, and compliance with global environmental standards. As pioneers in the industry and the only Indian manufacturer of EPA-compliant 25 kVA gas gensets, we are proud to dispatch our first of many bulk shipments of 22 kW gensets to the U.S., while also expanding our global footprint with exports of V-Twin LPG 10 kVA gensets to Japan in partnership with Sinfonia.

On the domestic front, our engines have reliably served the Indian Defence Forces for over a decade, including during Operation Sindoor, and our recent launch of a 50 HP tractor in February 2025 has been met with an encouraging response. These achievements are driven by the dedication of our team, the trust of our customers and suppliers, and our deep roots in Satara, where our legacy spans over a century. Guided by the vision of our founder, Sir Dhanjishah B. Cooper, we remain committed to delivering world-class, India-made solutions to markets around the globe”.

In recent months, the company has also achieved success in the agricultural segment with the launch of its 50 HP tractor in February 2025, receiving strong interest from domestic markets.

Notably, Cooper engines have been used by the Indian Defence Forces for over a decade. They were instrumental in Operation Sindoor, where the structural rigidity of the engine and their reliable performance under challenging conditions earned praise from the Armed Forces.

Rooted in a century of engineering excellence and dedication to national development, Cooper Corporation proudly honors its heritage. Headquartered in Satara, the company traces its origins to its founder, Sir Dhanjishah B. Cooper, who was the first Chief Minister from Satara, a region that has since produced five Chief Ministers of Maharashtra. This rich legacy continues to inspire Cooper’s mission to drive innovation and contribute meaningfully to India’s progress.

For over three decades, Cooper’s products have made a significant impact in the American market, particularly in the Genset segment. Upholding a legacy of consistent success, Cooper has maintained a tradition of excellence driven by innovation, reliability, and performance.

This extraordinary journey has been steered by the visionary leadership of Farrokh N. Cooper. Under his guidance, the steadfast commitment of Genset material suppliers, officers, workers, and employees has been instrumental in driving sustained growth and earning global recognition.

The post Cooper Corporation Expands Global Reach with First Clean Energy Engine Exports to the USA and Japan appeared first on NRI News.

JHARKHAND: ACC, the cement and building material company of the diversified Adani Portfolio, along with the Adani Foundation, is enhancing rural health and well-being by easing clean drinking water accessibility. Through solar-powered drinking water systems across four villages under Chhatatand Gram Panchayat in Dhanbad, the Company and Adani Foundation have enabled consistent access to safe drinking water for over 100 families. The initiative addresses water scarcity, promotes renewable energy use, and improves the quality of life, especially for women and children, through low-cost, sustainable infrastructure.

Each village now has a 2 HP solar pump system with water storage tanks, ensuring uninterrupted access to safe drinking water. This initiative drastically reduces waterborne illnesses and the burden of water collection, especially on women and children, while also lowering operational costs due to solar power.

This initiative reflects ACC’s deep commitment to strengthening rural infrastructure through innovative and sustainable solutions. Beyond just providing clean water, it has restored dignity and ease to daily life, especially for women, who no longer need to walk long distances to fetch water. By integrating solar power into essential public utilities, ACC is helping build healthier, more resilient communities, one village at a time.

The post Adani Foundation’s Solar-Powered Clean Drinking Water Project in Dhanbad appeared first on NRI News.

INDIA: In a landmark move to strengthen Regional energy security and support the clean energy transition, Tata Power Company Ltd (Tata Power), one of India’s largest integrated power companies, has entered into a strategic partnership with Druk Green Power Corporation Ltd (DGPC), a subsidiary of Druk Holding and Investments Limited, sole generation utility of Bhutan, to collaborate and develop at least 5,000 MW of clean energy generation capacity in Bhutan.

This is in keeping with Bhutan’s vision for its energy sector which is to take its overall generation capacity to 25,000 MW by 2040 for its energy security and regional energy integration. Bhutan plans to achieve this target through diversification in its energy portfolio beyond traditional hydropower, which would include solar and geothermal energy. This will extend to diversifying project structuring and financing through such strategic partnerships.

With the support of the Royal Government of Bhutan and the Government of India, this marks the largest partnership between two of the leading power companies of the two nations in Asia’s clean energy sector. Both companies have a stellar track record in the energy sector and a long-standing relationship having worked together for over 15 years.

This strategic partnership signifies Tata Power’s pre-eminence as the most preferred clean energy partner not only in India but also as a regional leader. This partnership will help unleash Bhutan’s great potential for hydropower and its important role in ensuring energy security in the region.

The Memorandum of Understanding (MoU) was signed today at Thimphu in Bhutan between Dasho Chhewang Rinzin, MD – DGPC and Dr Praveer Sinha, CEO & MD – Tata Power, in the esteemed presence of the Hon’ble Prime Minister of Bhutan, Dasho Tshering Tobgay; Minister for Energy & Natural Resources, Lyonpo Gem Tshering; Chairman – Tata Sons, Mr

N. Chandrasekaran; Ambassador of India to Bhutan, Mr Sudhakar Dalela; and other senior officials from the Royal Government of Bhutan, Embassy of India, DGPC and Tata Power.

Through the collaboration, at least 5,000 MW of renewable energy projects; including 4,500 MW of hydropower comprising the 1,125 MW Dorjilung HEP; 740 MW Gongri Reservoir; 1,800 MW Jeri Pumped Storage; and 364 MW Chamkharchhu IV will be developed in phases together. Another 500 MW of Solar projects will be developed by Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power.

As a precursor to this collaboration, Tata Power recently acquired a 40% stake for Nu/INR

8.30 billion in the 600 MW Khorlochhu Hydroelectric Project where an investment of over Nu/INR 69 billion will be made to develop the project.

Tata Power has had a long-standing relationship with DGPC since 2008 when the two companies joined forces to successfully develop the 126 MW Dagachhu Hydropower Plant as the first Public Private Partnership in Bhutan’s hydropower sector.

Tata Power also has a transmission project of a 1,200 km long Tala transmission line that evacuates clean power from Bhutan to India.

Dr. Praveer Sinha, CEO & MD, of Tata Power, said, “Tata Power’s partnership with Druk Green Power Corporation reinforces our credentials as the most preferred clean energy partner in the region. Together, we are building 5000 MW of clean energy capacity that will help harness Bhutan’s hydropower potential and support both countries’ growing energy demands with reliable and round-the-clock clean energy supply. Together we are shaping a new energy era.”

Tata Power has emerged as a leader in the renewable energy space, with a robust clean and green portfolio crossing 12.9 GW (6.4 GW operational, 6.5 GW under construction) which constitutes 42% of its total capacity, and is well-positioned to expand this to 70% by 2030. Tata Power has over 100 years of experience in hydropower generation and is emerging as a key player in pumped hydro storage projects. The Company is committed to supporting India’s successful energy transition.

Dasho Chhewang Rinzin, MD, DGPC said, “This strategic partnership with Tata Power is in keeping with Bhutan’s aspirations to maximize benefits to the people of Bhutan through fast-tracking the harnessing of its huge renewable energy resources for its economic development and long-term energy security. Bhutan places a lot of confidence in Tata Power and the partnership to deliver on these expectations.”

With Bhutan’s economy projected to grow by 7.2% in FY25, the country’s energy requirements are bound to increase. Largely driven by hydropower—a vital part of Bhutan’s economy, capitalizing on this national asset will ensure that its growing power demands are met while also ensuring economic benefits including green job creation and infrastructure development.

Bhutan’s hydropower generation which peaks during the monsoon months complements India’s demand patterns that also peak in the summer months. More importantly, Bhutan sees its hydropower as critical in ensuring round-the-clock availability of power with India’s

huge investments in renewables such as solar and wind and the plans to further accelerate investments in these renewables over the next two decades. With the recent agreement reached for Bangladesh to import power from Nepal through India, there are also growing opportunities for regional energy integration that would boost investments in Bhutan’s hydropower.

The post Tata Power and Bhutan’s Druk Green Power Corporation Collaborate on 5,000 MW Clean Energy Initiative appeared first on NRI News.

At the heart of this collaboration, lies noco-noco’s X-SEPA separator technology capable of extending the battery life of conventional lithium-ion batteries fivefold, when used with a proprietary electrolyte. Greenfuel is India’s leading provider of clean mobility and energy storage solutions with a 17-year legacy of trust and reliability in the Indian market. As one of the leading suppliers of electric vehicle (EV) components to major automotive manufacturers in India, the company has sold over a hundred thousand batteries powering EVs covering more than 80 million kilometers on grueling Indian roads.

The collaboration avails noco-noco’s groundbreaking separator technology to be embedded into Greenfuel’s EV batteries, enhancing performance and unlocking further use-case opportunities within the battery-related services sector.

Under the terms of the MOU, noco-noco will supply Greenfuel with cells built with the X-SEPA technology and Greenfuel will manufacture battery packs with these cells. Greenfuel will also spearhead marketing and sales activities in India and Africa, catering to a diverse range of applications including Drone as a Service (DaaS) and Battery as a Service (BaaS) for solutions such as battery swapping.

The collaboration will unfold in multiple phases, with the final manufacturing capacity determined by noco-noco (or its designated third party) supplying 3MWh of the cells every quarter. This figure would account for a third of noco-noco’s planned in-house 35MWh production capacity expected to launch in 2024 with the acquisition of noco-tech, the R&D company at the forefront of developing the X-SEPA.

Speaking on the collaboration, Masataka Matsumura, CEO of noco-noco said, “By aligning with Greenfuel, noco-noco is strategically positioned to capitalize on the nascent but growing battery solutions space in India. This collaboration, which combines our ‘all weather’ battery technology with Greenfuel’s leadership in the EV clean energy and transport space, presents a lucrative avenue for revenue growth in India’s surging e-mobility sector. It evidences our business strategy to bring clean electrification solutions to the Indian market. At the same time, it supports our corporate mission to strengthen ground-up decarbonization goals and value chains.”

Akshay Kashyap, MD & Founder, Greenfuel Energy Solutions said, “We are thrilled to announce our strategic partnership with noco-noco, a collaboration that marks a significant leap forward in our commitment to deliver cutting-edge solutions for the electric mobility sector. Our joint efforts are poised to extend the battery life of our two and three-wheeler lithium-ion batteries by more than three times.”

“This revolutionary technology along with meticulously designed battery packs that are proudly made in India can now lower the total cost of ownership of EVs, making them much cheaper than their ICE counterparts. For the first time in India, such value is being offered to customers, aligning seamlessly with our brand’s commitment to a ‘Customer First’ approach to driving technological innovation,” said Kashyap.

The Indian lithium-ion battery market is rapidly growing and, according to analysts, is expected to reach a value of US$ 25,309.59 million by 2031 with a CAGR of 22.1% within the forecast period.

With India aiming to achieve its 500 GW renewable energy capacity target by 2030, the government has projected the energy storage capacity requirement by the same year to be 41.65 GW from Battery Energy Storage Systems (BESS) with storage of 208.25 GWh to address the intermittency of renewable energy and balance the grid.

In addition, the Indian government’s initiatives to electrify its domestic transport are fueling the growing popularity of EVs, and today, 90% of India’s 2.3 million EVs fall under the two- or three-wheeler categories.

In India, electric tricycle rickshaws, a common and affordable mode of public transport, need batteries with 3000 cycle capacities at 45°C. However, the current capacity averages around 1000 cycles. noco-noco’s X-SEPA technology allows for 3000 cycles at 60°C while maintaining performance at 0°C. Importantly, it has demonstrated no abnormalities, such as short-circuits or fire-causing swelling, even when cells embedded with the technology were exposed to 150°C conditions for an hour. These technological advancements could provide game-changing EV batteries and energy storage solutions for a country with diverse temperature ranges.

Ashok Choudhary, President of the Gas Fuel and Battery Division at Greenfuel, said “We are thrilled to embark on a groundbreaking partnership with noco-noco, poised to redefine the landscape of two and three-wheeler battery packs in India. Together, we envision a future where e-mobility vehicles set new standards of quality, reliability, and scalability. The integration of noco-noco’s cutting-edge X-SEPA separator technology is a testament to our commitment to sustainable transportation. This collaboration not only strengthens our resolve to provide eco-friendly solutions but also paves the way for a greener, more efficient era in the Indian EV market. We believe this synergy will drive a revolution in the way we power our two and three-wheelers, shaping a cleaner and more sustainable tomorrow.“

Mari Matsushita, Chief Product Officer of noco-noco, said “India’s transportation sector is witnessing a radical shift with the widespread adoption of EVs emerging as a key strategy to curb carbon emissions and minimize tailpipe pollution.  Extending the lifespan of EV batteries not only encourages adoption but also reduces overall ownership costs for two and three-wheeler operators. Given these dynamics, noco-noco’s expertise is exceptionally well-suited for the unique demands of one of the world’s fastest-growing clean energy and mobility markets.”

The post NOCO-NOCO AND GREENFUEL FORGE STRATEGIC ALLIANCE TO DRIVE INDIA’S CLEAN MOBILITY AGENDA appeared first on NRI News.

Mission Innovation, a coalition of 23 governments and the European Commission, has committed to pioneering clean energy solutions through domestic action and international cooperation. The partnership with the EIB Group will help innovative companies develop and grow, strengthening Mission Innovation’s significant contribution towards the Paris Agreement goals and climate neutrality.

The EIB Group has extensive experience in building public-private partnerships and works closely with the European Commission and the private sector to share risks that private investors alone are not willing to take. The partnership with Mission Innovation builds on the fruitful cooperation with the European Commission’s Directorate-General for Research and Innovation over the years.

The EIB Group’s Vice-President, Ambroise Fayolle, said that financing the technologies of tomorrow is key to reaching global climate goals, supporting economies’ competitiveness, and creating new jobs. The involvement of public multilateral development banks at the earliest stage is crucial, and the EIB Group is proud to join Mission Innovation to accelerate clean energy solutions for all.

The partnership between Mission Innovation and the EIB Group aligns perfectly with their shared commitment to driving clean energy innovation and achieving the objectives set out in the Paris Agreement. By combining their expertise and resources, they can increase their impact and accelerate the development and demonstration of innovative solutions.

In 2019, the EIB’s energy lending policy was adopted to end financing to any unabated fossil fuel energy projects, including natural gas, making it the first multilateral development bank to do so. In 2021, the EIB became the first multilateral development bank to align its financial activities with the Paris Agreement.

Through its Climate Bank Roadmap, the EIB Group aims to support EUR1 trillion of investment in climate action and environmental sustainability through the critical decade, 2021-2030. The EIB committed to increasing investment in climate action and environmental sustainability to more than 50% of the EIB’s annual lending by 2025, which was exceeded last year by 58%.

The partnership between the EIB Group and Mission Innovation is a critical part of the pathway for high-ambition missions to achieve their goals. The alliance between the two organizations is a testament to the importance of early-stage investment in clean energy technologies.

The post European Investment Bank Group and Mission Innovation Partner to Accelerate Clean Energy Innovation appeared first on NRI News.