Solar power prices rising with demand
Recent BloombergNEF research shows that corporations procured a record 31GW of renewable energy in 2021, and LevelTen Energy says that growth occurred despite more than a year of price increases.
Solar-powered camper from Airstream is a two-wheeled electric car
The camper can be driven and parked without the use of a car, is integrated with solar, and optimized for the electric vehicle revolution.
US government extends Section 201 tariffs on imported PV panels, cells
The Biden administration has upheld an exclusion for bifacial panels in its new extension of Section 201 tariffs, while ramping up the annual tariff rate quota for cells to 5GW.
Virescent Renewable Energy Trust raises INR 650 crore via domestic bonds
The investors included domestic financial institutions India Infrastructure Finance Company Limited and Aseem Infrastructure Finance Limited. Virescent shall use the proceeds primarily to fund solar asset acquisitions related debt requirements.
Fluence, ReNew to set up energy storage joint venture
The Fluence and ReNew Power joint venture will serve a diversified customer base in India by localizing and integrating Fluence’s energy storage products and packages for the local market. ReNew will become its first customer by procuring a 150 MWh battery-based energy storage system for its 300 MW peak power project in Karnataka.
Ohmium partners IIT Madras on PEM electrolyzer R&D
The USA-headquartered green hydrogen generator developer has entered into an R&D partnership with IIT Madras Research Park (IITMRP) to improve the performance and lower the cost of its polymer electrolyte membrane (PEM) electrolyzers.
Hero Future Energies, Ohmium to install 1 GW of green hydrogen capacity
Indian renewable energy developer Hero Future Energies has partnered with US-based Ohmium International on the development of green hydrogen plants in India, the UK, and Europe with a cumulative electrolyzer capacity of 1 GW.
Bloom Energy to power India’s first green hydrogen microgrid
State-owned NTPC Limited has selected California-headquartered Bloom Energy’s electrolyzer and hydrogen-powered fuel cell technologies for the nation’s first green hydrogen-based energy storage deployment.
US-based DroneBase acquires solar analytics firm AirProbe
With the acquisition, DroneBase adds AirProbe’s market-leading artificial intelligence solution for aerial solar inspections and proprietary data analytics and expands its reach to India, Asia, and Europe markets.
American bank to lend $500 million for First Solar’s 3 GW fab in India
The debt finance from U.S. International Development Finance Corporation will support the thin-film solar manufacturer’s 3 GW/ annum module manufacturing facility coming up in Tamil Nadu.
