Articles for tag: Battery, Benchmarks, Clinches, Competitive, Contract, Energy, Groundbreaking, Indias, Landscape, Power, Reliance, Renewable, Revolutionizing, Setting, Storage, Tariff

Market News

Reliance Power clinches a groundbreaking 500 MW battery storage contract, revolutionizing India’s renewable energy landscape and setting competitive tariff benchmarks.

Reliance Power clinches a groundbreaking 500 MW battery storage contract, revolutionizing India’s renewable energy landscape and setting competitive tariff benchmarks.

Reliance Power has made a significant move into the renewable energy and storage sector by securing a 500 MW battery storage contract through an auction organized by the Solar Energy Corporation of India. The e-reverse auction, held on September 11, 2024, aims to boost the country’s energy storage capabilities. Reliance Power’s bid features one of ...

Market News

Boeing’s shares surged after a tentative deal with its union, but a potential strike looms as workers vote on the contract.

Boeing’s shares surged after a tentative deal with its union, but a potential strike looms as workers vote on the contract.

Boeing’s stock rose 3.7% after the company reached a tentative agreement with its largest union, representing over 32,000 workers, avoiding a potential strike. This deal is the first major negotiation led by new CEO Kelly Ortberg, who took charge just a month ago amid challenges. The proposed four-year contract includes a 25% wage increase, which ...

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