Daily News Wrap-Up: NTPC Commissions 56 MW Kawas Solar Project in Gujarat

Volkswagen to supply MEB electric components to Mahindra & Mahindra


Here are some noteworthy cleantech announcements of the day from around the world:

NTPC announced the commissioning of the third part capacity of 21 MW out of the 56 MW Kawas Solar PV Project at Kawas, Gujarat. The total capacity of 56 MW is now commissioned. With this, the standalone installed and commercial capacity of NTPC has become 55.09 GW, while the group installed and commercial capacity of NTPC stands at 69.45 GW.

Mahindra & Mahindra and the Volkswagen Group have signed a term sheet on supplying modular electric drive matrix (MEB) electric components for Mahindra’s new, purpose-built electric platform INGLO. The cooperation intends to have more than one million units over a lifetime and includes the equipment of five all-electric SUVs with MEB components. The two companies will explore further opportunities for collaboration, opening the perspective toward a broader strategic alliance to accelerate the electrification of the Indian automotive market. The term sheet covers all significant commercial and technical terms along with a path to the potential localization of the battery system. The final supply agreement will be negotiated in a continued constructive and legally compliant way by the end of 2022.

Mahindra Susten, the cleantech arm of the Mahindra group, announced the appointment of Deepak Thakur as the new Managing Director & CEO. Thakur will oversee the renewables businesses, comprising Mahindra Solarize & Mahindra TEQO, apart from Mahindra Susten. Before Mahindra, Thakur was the Renewables & Energy Storage – Executive Vice President at the Reliance Group. Earlier, he was CEO – Hybrid and Energy Storage Business for Sterling and Wilson, a Shapoorji Pallonji Group company.

Porsche Cars North America (PCNA) announced a contract with Cherry Street Energy, the largest non-utility provider of solar energy in Georgia, to build and operate a solar power microgrid at One Porsche Drive. The site combines PCNA corporate headquarters with the Porsche Experience Center Atlanta. At One Porsche Drive, energy from solar panels will provide a significant portion of annual electricity needs. It will also mean the all-electric Taycan sports cars that are part of the visitor fleet can be charged from purely renewable power. Cherry Street Energy estimates the array of solar panels on the headquarters campus will generate 2,050 MWh of electricity annually – enough to power 191 average homes for a year. Installation of the solar microgrid will start in September and is expected to be completed in 2023, kicking off a 25-year operating agreement between PCNA and Cherry Street Energy.