L&T Energy GreenTech Limited (LTEGL) and John Cockerill have signed a Memorandum of Understanding (MoU) to explore and develop technologies in Concentrated Solar Power (CSP) and Thermal Energy Storage (TES). This partnership aims to drive innovation in sustainable energy solutions, with a focus on enhancing energy transition efforts.
LTEGL, a fully owned subsidiary of L&T, is committed to advancing green energy solutions, including Green Hydrogen and Electrolyser Manufacturing. It focuses on three core areas: Development, Manufacturing, and EPC. LTEGL delivers comprehensive solutions across the Green Energy value chain, combining cutting-edge technology with strategic partnerships and focused research and development.
With over 200 years of expertise in energy and industry, John Cockerill is at the forefront of developing technological solutions that aid the energy transition. The company’s innovations include systems for renewable electricity production, energy storage, and optimization of power plant efficiency. John Cockerill’s portfolio includes heat recovery steam generators, CSP plant receivers, integrated units for green electricity production, and industrial boilers.
The MoU between LTEGL and John Cockerill seeks to explore collaboration opportunities in the manufacturing, supply, and engineering of components critical for deploying CSP and TES technologies. This partnership will work towards advancing the green energy sector by enabling the production and storage of renewable power.
Subramanian Sarma, Whole-time Director & President (Energy) at L&T, stated, “L&T is dedicated to driving the adoption of next-gen green energy technologies. Ensuring reliable renewable power availability is key to the global energy transition. Our collaboration with John Cockerill combines our manufacturing, EPC, and service capabilities with their global leadership in energy, marking a significant step towards this goal.”
Thomas Bohner, CEO of John Cockerill Energy, added, “We are excited to partner with LTEGL in exploring opportunities that will drive sustainable energy practices in India’s manufacturing sector. Our CSP and TES technologies are paving the way for reliable renewable energy and heat projects globally. We believe that this collaboration will enable us to offer advanced solutions to Indian companies focused on low-carbon energy.”
Derek Shah, Senior Vice President & Head of L&T Energy – Green Manufacturing & Development, highlighted, “By partnering with John Cockerill, we are integrating cutting-edge energy storage solutions with our robust engineering and manufacturing expertise. This synergy will accelerate the rollout of green, round-the-clock power generation, moving us closer to a sustainable energy future.”
Vivek Bhide, Regional President and Group Transformation Officer at John Cockerill, concluded, “Indian businesses are playing an integral role in the country’s transition towards sustainable energy and net-zero goals. Our CSP and TES technologies will support this transition and provide reliable, green energy solutions to Indian businesses. We look forward to working with LTEGL to bring these advanced technologies to India.”
Larsen & Toubro (L&T) is a $27 billion multinational enterprise specializing in EPC projects, high-tech manufacturing, and services across various industries. L&T’s customer-centric approach and commitment to quality have solidified its leadership in multiple business sectors for over 80 years.
John Cockerill, with over 6,000 employees, including 600 in India, generated a turnover of EUR 1.201 billion in 2023. The company develops large-scale technological solutions for energy, defense, industry, environmental sustainability, and infrastructure. With a global presence spanning 29 countries, John Cockerill is committed to providing low-carbon energy solutions and supporting the transition to greener industrial production.
