Adani Green, TotalEnergies partner for over 1 GW of solar projects in Khavda
Adani Green Energy Ltd (AGEL) and TotalEnergies have agreed to create a new joint venture to accelerate the development of 1,150 MWac (1,575 MWp) of solar projects in Khavda, Gujarat. AGEL will contribute its current assets to the joint venture, while TotalEnergies will inject $444 million.
Gensol, Matrix consortium wins EPC of India’s first biomass to green hydrogen project
Gensol Engineering, in collaboration with Matrix Gas & Renewables Ltd, will establish the project to convert 25 tons of bio-waste into one ton of hydrogen per day. The project is scheduled for completion within 18 months.
ACWA Power secures $2.6 billion for 5.5 GW of solar in Saudi Arabia
ACWA Power has obtained $2.6 billion through a consortium of banks for three solar plants in Saudi Arabia, with a combined capacity of 5.5 GW.
The Hydrogen Stream: Adani, Advait, Waaree secure capacity in SECI’s second electrolyzer tender
Solar Energy Corp. of India (SECI) has allocated 1.5 GW of capacity to eleven companies in its second electrolyzer manufacturing tender.
Solar industry faces collapse amid surplus and plunging prices
The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.
AM Green brings million-ton green ammonia project to FID
AM Green Ammonia has reached final investment decision (FID) on its first million-ton green ammonia project in Andhra Pradesh. Majority of production from the plant will be exported to Europe.
Tata Power Solar partners ICICI Bank for easy financing to residential and corporate customers
ICICI Bank will provide low-cost loans to residential and corporate customers for purchase of Tata Power solar panels.
India installed 15 GW of solar in first half of 2024
India added 14.9 GW of new solar capacity in the six months ending June, breaking all previous half-yearly and annual PV installation records.
BC Jindal Group enters renewable power generation, solar manufacturing
BC Jindal Group, a flexible packaging film and downstream steel product manufacturer, has formed a dedicated entity, Jindal India Renewable Energy (JIRE), with an aim to generate 5 GW of power from solar, wind, hybrid and FDRE modes. JIRE will also manufacture solar PV cells and modules.
Sembcorp lays foundation stone for green ammonia plant in Tamil Nadu
Singapore-headquartered Sembcorp has started construction work for its green ammonia plant that will initially produce 200,000 metric tonnes per annum of green ammonia for export to Japan.
