Reportedly, ReNew has announced a proposal for a significant investment of Rs 264 billion in a green hydrogen project situated in Kerala. The project aims to achieve an annual green hydrogen production capacity of 220 kilo-tonnes, subsequently used for generating 1,100 kilo-tonnes of green ammonia. Fueled by a 2 GW...
CapitaLand India Trust (CLINT) has set up its first captive solar power plant in Tamil Nadu. The 21 MW solar plant will generate over 30 million kilowatt-hour of electricity annually and meet the power supply needs of 2 million square feett equivalent of office space. The power generated from the...
Sustainable and Affordable Energy for Life (SAEL) Industries Limited, a prominent biomass and solar power producer has recently declared the successful establishment of partnerships and acquisition of funding amounting to $1 billion. Besides various other financial institutions, Norfund, DFC, ADB, and Tata Cleantech are the key contributors to the...
Gaw Capital Partners and BW ESS have launched Valent Energy, an investment platform in Australia with over 1.6 GW of utility-scale battery projects, including three in Victoria and New South Wales that are fully approved and ready-to-build. Furthermore, Gaw Capital and BW ESS will bring together their resources in Valent...
Grenergy has inked a new hybrid PPA to supply green energy for 15 years to an international utility with an investment-grade credit rating. With this agreement, Grenergy has accumulated contracts worth €2.7 billion. Under this agreement, the company will supply about 8 TWh over 15 years. Furthermore, the plant is anticipated...
The India Hydrogen Alliance (IH2A) has presented a request to the Ministry of Finance, Government of India, seeking an augmentation in budgetary assistance for the National Green Hydrogen Mission (NGHM) and the establishment of a National Hydrogen Transition and Development Fund with a budget of $5 billion. The National...
SJVN, a government-owned hydroelectric and renewable power generation and transmission company, has won a 100 MW solar power project in the Indian state of Gujarat through a reverse auction conducted by Gujarat Urja Vikas Nigam Ltd (GUVNL). The company secured the project by quoting a winning tariff of INR...
Solar cell FOB China prices have stayed consistent this week since there hasn’t been much of a shift in supply and demand fundamentals. Mono PERC M10 and G12 cell prices trended flat at $0.0482/W and $0.0473/W, respectively while the TOPCon M10 cell price remained flat at $0.0584/W week on...
INDIA – Honeywell announced that Acelen Renewables has selected its Ecofining™ technology to help support the efficient production of a targeted 20,000 barrels per day of sustainable aviation fuel (SAF) and renewable diesel. The fuels will be processed at Acelen’s facility in Bahia, Brazil, from a blend of inedible...
The Indian prime minister has recently unveiled a new initiative under the Pradhan Mantri Suryodaya Yojana, aiming to deploy rooftop solar systems for 10 million households throughout India. The initiative seeks to diminish the power costs for low and middle-income households while fostering India’s self-sufficiency in the energy sector. Earlier...