A Memorandum of Understanding (MoU) for the development of a battery energy storage system (BESS) project with a capacity of up to 250 MW/500 MWh in Assam has been signed by ONGC Tripura Power Company Limited (OTPC) and Assam Power Distribution Company Limited (APDCL).
The Carbon Markets Association of India (CMAI) and the Association of Renewable Energy Agencies of States (AREAS) have inked an agreement to enhance information sharing about carbon trading and encourage the expansion of the Indian carbon market.
Toyota Tsusho Corporation will purchase an 85% stake in SB Energy from SoftBank Group Corporation. With 85% of the stock, Toyota Tsusho will become the parent company of SB Energy, and SBG will become an affiliate with 15% of the stock.