Here are some noteworthy cleantech announcements of the day from around the world:
Flipkart announced that it has partnered with Mahindra Logistics Limited, one of its key logistics partners, to help fast-track the deployment of electric vehicles across its logistics fleet in the country. Flipkart has committed to 100% electric mobility in its logistics fleet and will deploy more than 25,000 EVs by 2030. Mahindra Logistics will play a significant role in working with various original equipment manufacturers and help Flipkart’s sustainable transition to EVs.
Alfa Laval has become a partner in the Swedish company Liquid Wind, which develops electro-fuel facilities to produce renewable clean fuels. Alfa Laval will be part of the Liquid Wind board and contribute with its heat transfer expertise to improve the process efficiency and the overall heat and energy integration. Liquid Wind is a Power-to-Fuel company that develops and finances commercial-scale eMethanol facilities.
The London-listed investment company Aquila European Renewables Income Fund PLC, which is advised by Aquila Capital Investmentgesellschaft mbh, announced that it has entered into a sale and purchase agreement to acquire 50% of the equity in an unlevered Portuguese solar operating asset (Ourique). The closing of the transaction is expected to occur in April 2021. Ourique is located in Alentejo, Portugal, and has an installed capacity of c.60 MWp.
Global energy and industrial majors have come together to form a new energy transition coalition, the India H2 Alliance (IH2A), focusing on commercializing hydrogen technologies and systems to build net-zero carbon pathways in India. The India H2 Alliance will work together to build the hydrogen economy and supply chain in India and help develop blue and green hydrogen production and storage and build hydrogen-use industrial clusters and transport use-cases with hydrogen-powered fuel cells.
Rahul is a staff reporter at Mercom India. Before entering the world of renewables, Rahul was head of the Gujarat bureau for The Quint. He has also worked for DNA Ahmedabad and Ahmedabad Mirror. Hailing from a banking and finance background, Rahul has also worked for JP Morgan Chase and State Bank of India. More articles from Rahul Nair.