REC secures JPY 31.96 billion green loan from Deutsche Bank AG
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
Advait Infratech sets up green hydrogen subsidiary in Norway
Advait Infratech’s wholly owned subsidiary, Advait Energy Holding AS, will engage in strategic collaboration and investments, services, marketing, manufacturing and exchanging technical know-how in the space of the green hydrogen ecosystem.
Radiance, PIDG form JV for C&I solar, hybrid projects in India
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.
Reliance signs alkaline electrolyzer deal with Norway’s Nel
Through the agreement, Reliance gets access to Nel’s technology platform for manufacturing alkaline electrolyzers.
Reliance completes sale of REC’s polysilicon manufacturing unit
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.
Greenko ZeroC to supply renewable ammonia to Norway’s Yara
Greenko ZeroC will supply up to 50% of renewable ammonia from Phase 1 of its ammonia production facility in Kakinada.
AMPIN Energy secures $35 million from responsAbility
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.
Fortum sells stake in 185 MW Indian solar portfolio
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 secures JPY 60.5 billion green loan backed by Italian export credit agency SACE
REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.
Renuka Sharma promoted to APAC director at BayWa r.e.
Renuka Sharma, who previously served as the managing director of BayWa r.e. Thailand, is now BayWa r.e.’s energy solutions business director for the Asia-Pacific (APAC) region.
