Uma Gupta
Zelestra closes €132 million financing for its 435 MW solar plant in Rajasthan
Spanish developer Zelestra has raised €132 million financing for its 435 MW solar plant in Gorbea, Rajasthan. The financing has been signed with HSBC, Credit Agricole, MUFG and Bank of America.
AM Green acquires Finnish biorefining company, to invest $1 billion for sustainable aviation fuel production
AM Green has acquired Finland based biorefining technology company Chempolis. It will establish large-scale biorefineries to produce bioethanol and other green products from biomass feedstocks utilizing Chempolis technology.
Datta Infra secures INR 1,500 crore REC loan to develop 500 MW of renewable energy projects
Adyant Enersol, a wholly-owned subsidiary of Datta Infra, has signed an agreement with REC for financing of 500 MW of renewable energy projects.
Renewables share in India’s power generation mix to reach 35% by 2030: ICRA
Ratings agency ICRA projects the share of renewables (including hydro) in India’s power generation mix to rise to 35% by FY 2029-30, from 21% in FY 2024.
Godrej & Boyce commissions 25 MW ground-mounted solar project in Maharashtra
The project located in Dhule is spread over 52 hectares and will generate 45 million units annually
How innovations in electrolyzer technology are making green hydrogen more affordable
The cost-effectiveness of green hydrogen hinges on the efficiency and scalability of electrolysers. Historically, the high cost of electrolysers and the electricity required for water electrolysis have been significant barriers. However, recent technological innovations are addressing these challenges.
Yashika Energy Systems partners Germany’s Next2Sun on vertical bifacial agri-PV systems
Yashika Energy Systems has partnered Germany’s Next2Sun and Wattkraft India to launch pilot projects, ranging from 100 kWp to 500 kWp, integrating vertical bifacial solar technology with agriculture.
RWE, AM Green Ammonia sign MoU on RFNBO-compliant ammonia supply from India
AM Green Ammonia will supply up to 250,000 tonnes of green ammonia per year from its production sites in Kakinada and Tuticorin.
NTPC Green Energy files draft papers for $1.19 billion IPO
The initial public offer (IPO) will comprise only a fresh issue of equity shares, with no offer-for-sale component included.
Torrent Power secures LoI for 1.5 GW pumped hydro storage capacity
Torrent Power will provide 1.5 GW of energy storage capacity to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for a period of 40 years. The capacity will be made available from Torrent’s upcoming pumped hydro storage plant being set up in Raigad District, Maharashtra.
