L&T selects PVH solar trackers for 2.97 GWp PV plant in Saudi Arabia
PVH’s manufacturing facility in Jeddah will supply solar trackers to Larsen & Toubro for the 2.97 GWp PV project in the NEOM region of Saudi Arabia.
India, France discuss ISA priorities for accelerating global energy transition
In a meeting with the French delegation, India’s power minister emphasized the role of insurance for renewable energy projects, payment security mechanism, and debt financing in attracting investment into renewable energy.
India remains world’s most attractive solar market
India has retained its crown as the most attractive market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index.
Amp Energy India receives $250 million from SMBC, ICG, and AIIB
Indian developer Amp Energy has secured up to $250 million in growth capital from Japan’s Sumitomo Mitsui Banking Corp. (SMBC), UK’s Intermediate Capital Group (ICG), and China’s Asian Infrastructure Investment Bank (AIIB).
German PV equipment securing orders from US, European markets
German engineering federation VDMA has published a new report outlining strong demand for solar production equipment from non-Asian markets, indicating a shift in the global solar industry landscape.
Three million photovoltaic systems in Germany
The German Solar Industry Association sees uninterrupted demand for private photovoltaic roof systems in particular. The mark of four million photovoltaic systems could be reached as early as next year.
Madrid to generate green hydrogen using recycled water, PV, biogas
Madrid will open Spain’s first plant to produce green hydrogen from recycled water in 2024. The facility, situated at a water treatment plant, will use electrolysis to simultaneously extract oxygen and purify water.
Larsen & Toubro’s electrolyzer fab to start production this fiscal
The Indian multinational EPC company is setting up a pressurized alkaline electrolyzer factory with a capacity of 1 GW per annum. It expects to produce the first few electrolyzers from this facility by March next year.
First Solar acquires Swedish perovskite specialist Evolar
First Solar has agreed to pay $38 million to buy Swedish manufacturing startup Evolar AB, as it seeks to expand development of high-efficiency tandem PV tech.
India to join Germany’s green hydrogen strategy update
India will use its internal market to scale up hydrogen projects, with Germany as a possible export destination. As part of a broader strategy, the countries will collaborate on a financial and technological level on energy transition projects.
