Singapore on track to hit 2030 solar targets
Research from the National University of Singapore indicates that Singapore could reach its 2 GW solar installation target by 2028, ahead of its 2030 deadline. The study suggests that the government could increase its long-term solar goals by adopting policies that promote better area utilization, subsidies, and advancements in panel efficiency.
Tata Power, Keppel join hands to launch Cooling-as-a-Service solutions in India
Cooling-as-a-Service solutions enable businesses and building owners to subscribe to long-term, energy-efficient space cooling solutions without having to invest heavily in infrastructure.
IndianOil, Sun Mobility sign battery swapping JV agreement
Indian Oil Corp. and Sun Mobility will form a 50:50 joint venture to undertake and operate battery-as-a-service solution for small-format electric vehicles in India.
Gentari, Greenko founders partner on green ammonia production and export from India
Gentari and Greenko founders-owned AM Green will jointly invest in the green ammonia platform, AMG Ammonia, to produce and export green ammonia from India. Both partners bring complementary capabilities across the green hydrogen value chain, including renewable energy, electrolyzers, and ammonia production and marketing capabilities. GIC will also invest in AMG Ammonia.
OGO Energy partners Singapore’s noco-noco on battery separator technology
OGO Energy will manufacture battery packs incorporating its battery management system and battery cells with improved longevity and heat-resistance made possible by noco-noco’s X-SEPA separators.
Sembcorp acquires Vector Green
Sembcorp Green Infra has signed the agreement to acquire Mumbai-based renewable power producer Vector Green, which has a cumulative 583 MW of solar and wind portfolio in India.
Sembcorp to sell Indian unit
Singapore-headquartered Sembcorp Industries (Sembcorp) has signed an agreement to sell Sembcorp Energy India to Tanweer Infrastructure for $2.1 billion. It said the proposed sale will accelerate the transformation of its portfolio from brown to green.
JLNPhenix Energy expands lithium battery capacity to 550 MWh/year
Noida-based manufacturer JLNPhenix Energy has expanded its lithium battery manufacturing capacity in India to 550 MWh/annum, with the addition of a 150 MWh/year plant in Maharashtra.
Keppel Corporation-led consortium to acquire majority stake in Cleantech Solar
Cleantech Solar has over 600 MWp of solar portfolio across India and Southeast Asia and aims to achieve a cumulative generation capacity of 3 GW over the next five years.
Reliance Industries acquires 100% stake in REC Group, plans new manufacturing bases
India headquartered multinational Reliance Industries, through its subsidiary Reliance New Energy Solar Limited, yesterday announced the acquisition of Norway headquartered module manufacturer REC Group. The move comes as Reliance pushes forward with its US$10 billion plan to move in on the renewable energy industry, having also this week announced acquisition of a 40% share in EPC provider Sterling & Wilson.
