Utility Scale PV

Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.

India Ratings and Research expects India to maintain pace of renewables capacity addition owing to a significant drop in equipment prices, continued policy support, availability of liquidity, and investment plans of some of the large corporate players.

Coal’s share (including lignite) in India’s total installed power capacity dropped below 50% in the first quarter of 2024. This is well ahead of the Government’s target to establish 50% cumulative power generation capacity from non-fossil fuel-based sources by 2030.

Hydrogen, often lauded as a beacon of hope in the quest for a low-carbon future, stands at a pivotal crossroads. As the world grapples with the dual challenges of escalating energy demands and climate change, hydrogen presents a unique opportunity to harmonize industrial development with environmental stewardship. However, its path is fraught with complexities and obstacles that require careful navigation.

Solar Energy Corp. of India (SECI) has extended bidding for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh by three weeks.

Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.

Researchers in Japan have analyzed the warming effect of photovoltaic system on land surface temperature around the Kushida River Basin for ten years and have found this value increased by an average of 2.85 C.

Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 876.44 crore and profit after tax (net profit) of INR 148.04 crore in FY 2024.

INOX Air Products will build and operate a green hydrogen plant with a capacity of 190 tonnes per annum (TPA). The plant will supply 95 TPA of green hydrogen to Asahi India’s float glass manufacturing facility in Rajasthan in the first phase.

Swiss impact investor responsAbility’s $35 million investment will enable AMPIN Energy Transition to grow its renewable energy portfolio, primarily in commercial and industrial (C&I) solar across a wide spectrum of sectors in India.