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Markets & Policy

U.S. solar industry standards for solar supply chain transparency

The Solar Energy Industries Association (SEIA) submitted a draft industry standard to help companies comply with Customs and Border Patrol (CBP) traceability requirements for solar component imports.

The Hydrogen Stream: Advait Infratech arm increases investment in Norway’s fuel cell company TECO 2030  

Advait Energy Holdings has made a further investment in the Norwegian company TECO 2030 that develops PEM hydrogen fuel cell stacks and PEM hydrogen fuel cell modules. 

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.

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.

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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.

Sunsure Energy, REC sign MoU for INR 10,000 crore to develop green energy projects

REC has agreed to provide INR 10,000 crore in debt funding to support Sunsure Energy in the development of 3 GW of solar, wind, hybrid, and battery energy storage projects.

The Hydrogen Stream: Gensol, Matrix to set up India’s first green hydrogen valley in Pune

Gensol Engineering and Matrix Gas & Renewables will set up a green hydrogen production plant on a build-own-operate basis, for offtake by the specialty chemical sector.

With energy transition we see strong growth in power and transmission sector: Vedanta Aluminium CEO

John Slaven, chief executive officer, Vedanta Aluminium, sees strong growth in demand from power & transmission and automotive sector with India’s focus on energy transition.

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