Radiance Renewables and UK-based investor Private Infrastructure Development Group (PIDG) have announced a joint venture to develop greenfield solar and hybrid wind-solar energy projects for commercial and industrial (C&I) clients in India.
Through the agreement, Reliance gets access to Nel’s technology platform for manufacturing alkaline electrolyzers.
Reliance Industries Ltd (RIL) has completed sale of REC Solar Holdings’ kerf-based polysilicon manufacturing arm, REC Solar Norway, to Elkem ASA. It continues to retain the technology and intellectual property rights of kerf-based polysilicon post sale of REC Solar Norway.
With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.
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.
Greenko ZeroC will supply up to 50% of renewable ammonia from Phase 1 of its ammonia production facility in Kakinada.
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.
The influx of affordable Chinese green products is pressuring local industries in major economies, particularly the U.S. and Europe, driving down prices and potentially stifling domestic innovation due to competitive disadvantages.
Fortum has signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Gentari Renewables India. Post divestment, the company still has EV charging services and a renewables development portfolio with projects at different stages in India.
REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.