British International Investment commits US$89 million to scale renewable energy generation in India
The UK investor (formerly known as CDC Group) has committed a $47 million follow-on investment in Fourth Partner Energy to build 294MW of greenfield renewable power capacity. Another $42 million will go to Italian power utility Enel’s India arm Thar Surya 1, to support the development of a 300MW greenfield solar project in India.
Tesla opens gigafactory in Germany
The first Model Y electric cars have rolled off the assembly line at the US electric car manufacturer’s first European factory.
European investor ThomasLloyd gets government approval for SolarArise acquisition
Delhi-based SolarArise India Projects, an investee company of ThomasLloyd, owns seven solar power projects with a cumulative capacity of 434MW in India.
Reliance to acquire cobalt-free battery specialist Lithium Werks
The Indian multinational business conglomerate has signed the agreement to buy Netherlands-headquartered lithium iron phosphate (LFP) battery specialist Lithium Werks for US$ 61 million, including funding for future growth.
Scatec joins scaled up Omani green ammonia project
A previous announcement by Acme indicated the port site would be able to produce around 876,000 tons of the green fuel per year but the Indian developer today said that figure would be 1.2 million tons. The 100,000-ton-per-year first phase of the facility may be operational this year.
Plug & play electrolyzer for green hydrogen production from Germany
Developed by Germany-based hydrogen specialist Enapter, the EL 4.0 electrolyzer is based on a patented anion exchange membrane (AEM) technology. Commercial production is currently being prepared at the company’s Italian plant and the first shipments should be made in the summer.
Work begins on world’s largest PV system on a stadium roof
The stadium of German football club SC Freiburg will host a 2.4MW rooftop solar array that will be built with heterojunction modules provided by Swiss manufacturer Meyer Burger.
India, Denmark to fund joint R&D projects on green hydrogen fuels
The Department of Science & Technology, Government of India, and the Innovation Fund Denmark (IFD) have collaborated to fund Indian and Danish researchers on the joint development of green fuels including green hydrogen.
Scatec and Acme put their 900 MW Rajasthan solar project on hold
Norway’s Scatec, which has a 50% stake in Acme’s 900 MW solar project in Rajasthan, cited a lack of domestic solar panel supply and the 40% import duty on solar panels effective from April as the reasons for putting the PV project on hold.
L&T and Norway’s HydrogenPro to set up electrolyzer gigafab in India
Larsen & Toubro (L&T), an Indian multinational EPC contractor, has partnered with Norway’s HydrogenPro to set up a joint venture in India for gigawatt-scale manufacturing of alkaline water electrolyzers.
