Freyr Energy, a residential solar rooftop solutions company in India, aims to install rooftop solar on more than 1,000 homes in Uttar Pradesh by March 2025.
Tata Power Renewable Energy and NHPC have signed a memorandum of understanding for implementation of rooftop solar projects across government buildings under the PM Surya Ghar Yojana.
Tata Power chairman N Chandrasekaran announced that a large part of the investment will go in accelerating the company’s renewable energy portfolio. The balance will be used towards transmission and distribution businesses.
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
Continued government support, coupled with strategic investments in technology and infrastructure, will be crucial in realizing India’s renewable energy goals and cementing its position as a global leader in solar module manufacturing.
Also, Mangalore Refinery and Petrochemicals Ltd has invited bids to set up a green hydrogen production plant on build-own-operate basis and supply 10 ktpa of green hydrogen (GH2) to its refinery on a continuous basis.
The ratings upgrade takes into account Tata Power’s healthy operating and financial performance driven by the diversified business profile, superior operating efficiencies, and long-term offtake agreements for the generating portfolio.
The Chinese manufacturer said its new Hi-MO X6 Artist series has an efficiency of up to 22.3% and a power output ranging from 420 W to 430 W. The smaller version is currently priced at CNY 298 ($41.7)/m2 and the largest model is sold at CNY 268/m2.
FutureVoltaics says it has developed pre-assembled, reflector-based vertical rooftop PV systems. The systems feature 175 W heterojunction bifacial solar modules and special reflectors on both sides.
The Ministry of Energy and Mineral Resources in Indonesia has set a quota of 5,746 MW of rooftop solar to be deployed between 2024 and 2028. The Jakarta-based Institute for Essential Services Reform anticipates rooftop solar to be more commonly adopted by commercial and industrial consumers than residential users, following the abolishment of net-metering earlier this year.
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