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Here's why KPI Green share price is buzzing in trade on June 6; details
Here's why KPI Green share price is buzzing in trade on June 6; details

Business Standard

time06-06-2025

  • Business
  • Business Standard

Here's why KPI Green share price is buzzing in trade on June 6; details

KPI Green share price: KPI Green shares were in demand on Friday, June 6, 2025, with the stock climbing up to 5.08 per cent to hit an intraday high of ₹528.85 per share. However, by 1:55 PM, KPI Green shares were off day's high, and were trading 1.96 per cent higher at ₹513.10 per share. In comparison, BSE Sensex was up 0.84 per cent at 82,122.89 levels. Catch Stock Market Latest Updates Today LIVE What led to the rally in KPI Green share price? KPI Green Energy shares surged after its parent, KP Group, announced the signing of three strategic Memoranda of Understanding (MoUs) with Delta Electronics India, aimed at accelerating clean energy and technology deployment. The agreements focus on three high-impact areas including battery energy storage systems (BESS), green hydrogen and electric vehicle (EV) charging infrastructure, and next-generation solar inverters. The development has deepened the existing relationship between KP Group and Delta Electronics, providing a comprehensive framework to fast-track the rollout of renewable energy solutions in India and potentially abroad, the company said. 'This collaboration is a strong testament to the trust and shared values between Delta Electronics and KP Group. This enhanced collaboration is built on shared values of sustainability, innovation, and reliability. With this 1 GW inverter partnership and extended collaboration on BESS and green hydrogen, we are committed to delivering best-in-class technology and lifecycle support. We recognise that India's decarbonization journey depends on the convergence of technologies. Our collaboration with KP Group is a bold step to create a cleaner, smarter mobility ecosystem,' said Niranjan Nayak, MD of Delta Electronics India. Under the BESS MoU, KP Group will spearhead the development and integration of large-scale battery storage projects, leveraging its engineering and execution capabilities, while Delta Electronics will supply advanced power electronics, energy management systems, and post-installation services such as monitoring and long-term maintenance support. ALSO READ | In the clean mobility space, the green hydrogen and EV infrastructure MoU outlines the creation of integrated hydrogen refueling stations and EV charging hubs powered by renewable energy. Under this MoU, KP Group will take charge of infrastructure development, while Delta Electronics will provide the core technologies, including EV chargers, hydrogen compression systems, and real-time energy management software. The collaboration will also involve training personnel for the safe and efficient operation of these stations. The third MoU pertains to Delta Electronics supplying approximately 1 GW of advanced solar inverters to KP Group over the next year. These inverters will be integrated into KP's upcoming solar projects and are designed for high efficiency, grid stability, and compatibility with hybrid energy systems that combine solar and battery storage. Delta Electronics will also provide ongoing technical support and collaborate on technology workshops to keep the systems aligned with emerging innovations. Faruk Patel, CMD of KP Group, said, 'Our partnership is not just about products—it's about co-creating solutions that empower India's energy independence. Whether it is solar, storage, or hydrogen, we believe our combined strengths can build a cleaner, more sustainable tomorrow.' About KP Group KP Group, headquartered in Surat, Gujarat, is among India's leading renewable energy conglomerates. Founded in 1994 by Faruk G Patel, the Group operates through its three listed entities—KPI Green Energy, KP Energy, and KP Green Engineering Ltd. (KPGEL). With fully integrated capabilities in engineering, procurement, and construction (EPC), renewable-focused manufacturing, project development, and asset management, KP Group offers end-to-end solutions across the clean energy value chain. The Group is also at the forefront of emerging green technologies, actively investing in battery energy storage systems (BESS), developing green hydrogen production facilities, and preparing for offshore wind projects. While it maintains a strong base in Gujarat, KP Group is rapidly expanding into both domestic and international markets.

Delta Collaborates with the Jane Goodall Institute and NMMST to Expand Coral Restoration Education
Delta Collaborates with the Jane Goodall Institute and NMMST to Expand Coral Restoration Education

Yahoo

time06-06-2025

  • Science
  • Yahoo

Delta Collaborates with the Jane Goodall Institute and NMMST to Expand Coral Restoration Education

TAIPEI, June 6, 2025 /PRNewswire/ -- The Delta Electronics Foundation announced a new collaboration with the Jane Goodall Institute and the National Museum of Marine Science and Technology (NMMST) to promote coral restoration education. Using the science picture book 'Saving Our Coral Reefs', published by the Delta Electronics Foundation, as the core teaching material, the program will be introduced into elementary schools across Taiwan as part of their lesson plan structure. Dr. Jane Goodall, the world-renowned ecologist and conservationist, visited Chaojing Coral Conservation Center in Keelung — a joint effort between the Delta Foundation and NMMST. Together with Delta's founder, Mr. Bruce Cheng, she planted her first batch of corals in Taiwan at the facility, showcasing their commitment to marine conservation. Dr. Jane Goodall remarked, ''All ecosystems are intricately connected, from land to sea, from corals to humanity. I'm pleased to see the enterprise in Taiwan actively promoting ocean conservation. Visiting the Chaojing Coral Conservation Center today gave me a fuller understanding of Delta's transnational coral restoration efforts. I hope this collaboration, through the coral picture book and our Roots & Shoots program, will help more people learn about corals and marine conservation." Mr. Bruce Cheng, Delta's founder and Chairman of the Delta Electronics Foundation, said, "Delta has long been committed to energy conservation, decarbonization, and environmental sustainability. In recent years, we have also focused on biodiversity conservation, using Delta's technological strengths to support researchers in coral restoration efforts. Our project has successfully preserved over 40 species of Taiwanese corals and aims to restore 10,000 coral fragments by this summer. We are honored to work with the Jane Goodall Institute and NMMST to use the 'Saving Our Coral Reefs' picture book as a platform to promote awareness and inspire children and the public to care more about Taiwan's oceans—from the perspective of the science behind coral restoration." At the end of 2024, Dr. Jane Goodall was invited to attend the launch event of a coral culture facility as the base for coral restoration at the St. John's Island National Marine Laboratory (SJINML), jointly established by Singapore's National Parks Board (NParks) and the Delta Foundation. This year, the partnership between the Jane Goodall Institute and Delta has further deepened, with the goal of promoting coral and marine ecological awareness through the picture book and Jane Goodall's Roots & Shoots Program. 'Saving Our Coral Reefs' blends real-life photos with illustrations and scientific commentary from experts involved in Delta's coral restoration project. The book provides an approachable and comprehensive way to build readers' knowledge on coral reefs, their ecological roles, and the existential threats they face due to global warming. Through this collaboration, the book will be integrated into NMMST's coral conservation curriculum and the Jane Goodall Institute's school outreach programs, raising public awareness and encouraging broader participation in marine conservation. Looking forward to the future, the three parties plan to continue exploring new models that integrate technology, education, and nature conservation to advance the sustainable development of marine ecosystems. About Delta Delta, founded in 1971, and listed on the Taiwan Stock Exchange (code:2308), is a global leader in switching power supplies and thermal management products with a thriving portfolio of IoT-based smart energy-saving systems and solutions in the fields of industrial automation, building automation, telecom power, data center infrastructure, EV charging, renewable energy, energy storage and display, to nurture the development of smart manufacturing and sustainable cities. As a world-class corporate citizen guided by its mission statement, "To provide innovative, clean and energy-efficient solutions for a better tomorrow," Delta leverages its core competence in high-efficiency power electronics and its ESG-embedded business model to address key environmental issues, such as climate change. Delta serves customers through its sales offices, R&D centers and manufacturing facilities spread over close to 200 locations across 5 continents. Throughout its history, Delta has received various global awards and recognition for its business achievements, innovative technologies and dedication to ESG. Since 2011, Delta has been listed on the Dow Jones Best-in-Class World Index (formerly the DJSI World Index of Dow Jones Sustainability™ Indices) for 14 consecutive years. Delta has also won CDP with double A List for 4 times for its substantial contribution to climate change and water security issues and has been named Supplier Engagement Leader for its continuous development of a sustainable value chain for 7 consecutive years. For detailed information about Delta, please visit: View original content: SOURCE Delta Electronics Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Delta Electronics signs deal with Ventus Energy to reduce carbon footprint
Delta Electronics signs deal with Ventus Energy to reduce carbon footprint

Business Standard

time02-06-2025

  • Business
  • Business Standard

Delta Electronics signs deal with Ventus Energy to reduce carbon footprint

Energy and power management solutions provider Delta Electronics India announced on Monday that it has signed a power purchase agreement with Ventus Energy Consultancy to reduce its carbon footprint in the country. A power purchase agreement is a long-term deal between a power supplier and a power consumer. It outlines the terms of electricity sale, including the price, volume, and duration of the agreement. Delta Electronics would source a combined 9.6 million units of wind power annually to power its manufacturing facilities in Tamil Nadu, stated the agreement. This move is expected to reduce the company's dependence on fossil fuel-based electricity and cut approximately 6,979 metric tonnes of carbon emissions annually. The electricity would be sourced from wind farms located in Tirunelveli, Tuticorin and Tiruppur districts through a 12-year agreement signed with the state electricity board — Tamil Nadu Generation and Distribution Corporation (Tangedco). "These PPAs are more than transactions — they are part of a long-term strategy to decarbonise our operations and contribute meaningfully to India's green transition. They also reaffirm our commitments under global frameworks like RE100 and the Science Based Targets initiative (SBTi)," the company's Managing Director Niranjan Nayak said. Delta Electronics has built 35 certified green buildings and operates two data centres globally. By collaborating with Ventus Energy Consultancy, Delta Electronics is promoting a cross-industry model for renewable energy partnerships. Ventus Energy Consultancy Director P Vijayabaskaran, on the association with Delta Electronics, said: "With over 15 years of experience in renewable energy and a portfolio managing 750+ MW of wind and solar assets across Tamil Nadu, Ventus Energy Consultancy is proud to support Delta Electronics in its journey toward industrial decarbonisation." "As Delta's renewable energy demand grows, we are committed to enabling this scale-up through strategic power procurement and regulatory alignment," he added.

Delta Electronics signs PPA with Ventus Energy to reduce carbon footprint
Delta Electronics signs PPA with Ventus Energy to reduce carbon footprint

News18

time02-06-2025

  • Business
  • News18

Delta Electronics signs PPA with Ventus Energy to reduce carbon footprint

Chennai, June 2 (PTI) Delta Electronics India, a prominent player in energy and power management solutions, has signed a Power Purchase Agreement with Ventus Energy Consultancy under its vision to reduce carbon footprint in the country. As per the agreement, Delta Electronics would source a combined 9.6 million units of wind power annually to power its manufacturing facilities in Tamil Nadu. This move is expected to reduce the company's dependence on fossil fuel-based electricity and cut approximately 6,979 metric tonne of carbon emissions annually. Delta Electronics has planned to expand its renewable sourcing across its facilities in the country by exploring smart grid innovations and implementing real-time monitoring powered by its own Automation and Internet of Things (IoT) technologies. In a press release on Monday, the company's President Benjamin Lin said, 'Integrating renewable energy into our operations aligns our growth with India's climate goals and accelerates our global net-zero vision. Collaborations like these are key to building a resilient and responsible energy ecosystem." The electricity would be sourced from wind farms located in Tirunelveli, Tuticorin and Tiruppur districts through a 12-year agreement signed with state electricity board — Tamil Nadu Generation and Distribution Corporation (TANGEDCO). 'These PPAs are more than transactions — they are part of a long-term strategy to decarbonise our operations and contribute meaningfully to India's green transition. They also reaffirm our commitments under global frameworks like RE100 and the Science Based Targets initiative (SBTi)" the company's Managing Director Niranjan Nayak said. Ventus Energy Consultancy Director P Vijayabaskaran on the association with Delta Electronics said, 'With over 15 years of experience in renewable energy and a portfolio managing 750+ MW of wind and solar assets across Tamil Nadu, Ventus Energy Consultancy is proud to support Delta Electronics in its journey toward industrial decarbonisation." 'As Delta's renewable energy demand grows, we are committed to enabling this scale-up through strategic power procurement and regulatory alignment," he added. PTI VIJ VIJ ROH First Published: June 02, 2025, 19:00 IST

Musashi of Japan bets big on India's electric two-wheeler story
Musashi of Japan bets big on India's electric two-wheeler story

Time of India

time23-05-2025

  • Automotive
  • Time of India

Musashi of Japan bets big on India's electric two-wheeler story

HighlightsMusashi Auto Parts is betting big on India's electric two-wheeler market, driven by local demand and cost advantages. The company is expanding its EV portfolio through partnerships and investments, including e-axle manufacturing with Delta Electronics and Toyota Tsusho. India is emerging as a strategic global hub for Musashi, with plans for increased capacity, possible greenfield expansion, and broader EV component exports. Mumbai: It is just a little over a year since Naoya Nishimura took over as CEO of Musashi Auto Parts (India) but he is already convinced that there are tremendous opportunities ahead in the country's electric two-wheeler segment. A wholly-owned arm of Japan's Musashi Seimitsu Industry Co, the company has its operations in Bengaluru and Bawal, Haryana. Honda Motor has a stake of over 20per cent in the parent company which by itself translates into a deep bonding between the two entities. Domestic demand is high in India and we will look at targeting supplies here first. My personal view is that the future can see India take a bigger role for MusashiNaoya Nishimura Quite naturally, HMSI ( Honda Motorcycle & Scooter India ) is a major customer for Musashi while Royal Enfield, Suzuki and Yamaha also feature in its list for supply of ICE (internal combustion engine) parts like transmission gears, shafts and camshafts. 'Our headquarters is aggressively focusing on India for its expansion plans. New product development is currently not happening so much in the world while India is growing rapidly in both ICE and electric vehicles,' Nishimura, who is also CEO of Musashi Africa, told ET Auto in a recent interview. Bullish on startups The company recently made an investment in the Coimbatore-based startup, BNC Motors , for electric scooters. Emobi, another startup based in Bengaluru, has a partnership with Musashi Seimitsu, the Japanese parent, and Honda Power Pack Energy India for electric scooters. Going forward, Musashi Auto Parts will explore more opportunities in the electric space with companies such as Ather, TVS Motor etc. New product development is currently not happening so much in the world while India is growing rapidly in both ICE and EVsNaoya Nishimura Musashi Seimitsu, Delta Electronics and Toyota Tsusho have also invested in Musashi Delta e-Axle India, a separate entity, which will cater to supplies of e-axles for two-wheelers. The e-axle consists of a gearbox and motor and the company (to quote its press release at the time of entering the market) will strive to provide high added value by way of compact, light and quiet characteristics required for EVs. 'Going forward, we will aim to supply e-axles to a wide range of customers, with the main target being the 125cc class, which is the volume zone for motorcycles in the Indian market,' added the press statement. Musashi Seimistu holds 51per cent in this entity with Delta and Toyota Tsusho taking up 34per cent and 15per cent each. 'While Delta is considering how to reduce costs, Toyota Tsushosa has a great network in the supply chain and we are developing the entire e-axle. So combined, these three companies are developing the next generation e-axle with more competitiveness,' said Nishimura. Also Read: Musashi appoints Naoya Nishimura as CEO for India, Africa region India vs China Musashi also has operations in China where it largely meets the needs of BYD and other local automakers. Japanese brands like Honda, Nissan and Toyota are not doing as well in this market where electric has made deep inroads and local Chinese car brands are literally firing on all cylinders. Despite this, Musashi is more upbeat about India where the two-wheeler transition to electric is growing by leaps and bunds. 'I hear that the economic environment in China is not so good right now while India is seeing greater expansion,' said Nishimura. According to him, electric two-wheeler growth in this part of the world is 'quite fast' with additional support coming in from the Government by way of fiscal sops. Three-wheelers are also catching up quickly and Musashi Auto Parts has decided to keep its eyes open on the pace of growth in electric four-wheelers too. The company, incidentally, supplies bevel gears, transmission gears and shafts to ICE-powered four-wheelers as well as EV parts. When demand for four-wheeler EVs increase, we will look at further expansionNaoya Nishimura Nishimura said India has an edge over other countries in cost-competitiveness which will come in handy from the viewpoint of global sourcing. 'Of course, domestic demand is high in India and we will look at targeting supplies here first. My personal view is that the future can see India take a bigger role for Musashi when it comes to global supplies of auto parts,' he said. Advantage India Whether this means taking over more responsibilities from some existing operations in the ASEAN region remains to be seen but the company realises that there are inherent advantages to be availed of in India's cost and quality paradigm. Going forward, free trade agreements may also help the cause especially when it comes to despatching shipments across ASEAN, encompassing countries like Thailand, Malaysia, the Philippines etc. Nishimura said plant capacity in India would be increased keeping in mind the growing demand for electric as well as the ICE business where its 'No 1 customer is making a lot of products', the reference being to HMSI in all likelihood. The company may even look at a greenfield facility as the automotive market grows in the coming years. 'When demand for four-wheeler EVs increase, we will look at further expansion,' he said. It is also too early to say if another separate entity, similar to the e-axle business, will be set up unless there is a need for a specific partnership in the EV arena like batteries for instance. Also Read: Musashi commences production of e2w e-axles in India According to Nishimura, the company is flexible enough to adapt to fuel changes in the future. Electric is still making the news but automakers are also looking at hybrid and flex fuel options as interim solutions. More recently, Honda announced that it was now going to focus on hybrids instead of electric keeping in line with global trends. For Musashi, the key lies in 'utilising current assets' optimally by way of catering to different markets with their own specific fuel requirements be it ICE, electric or hybrid. 'We are very flexible and this is one of the strong points in our group with its varied competencies,' said Nishimura.

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