US-based Enfinity Global has secured $135 million in long-term financing to advance the development of its 1.2 GW of solar and wind projects in India. The financing is being provided by Canada Pension Plan Investment Board

The Indian Energy Exchange (IEX) traded 75.39 lac renewable energy certificates (RECs) in FY 2024, equivalent  to 7.54 billion units, registering a 26.4% increase year-on-year.

Adani Energy Solutions Ltd (AESL) has acquired Essar’s operational Mahan-Sipat transmission assets for an enterprise value of INR 1,900 crore. This acquisition will add 673 ckt km, 400 kV inter-state transmission line, taking AESL’s cumulative network to more than 21,000 ckt km.

While the first quarter of 2024 has shown a significant and potentially transformative rise in climate-tech funding, the sustainability of this growth remains uncertain.

Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.

India Ratings and Research expects India to maintain pace of renewables capacity addition owing to a significant drop in equipment prices, continued policy support, availability of liquidity, and investment plans of some of the large corporate players.

Siemens Energy India will provide solutions across the entire energy value chain – from power and heat generation, transmission to storage.

Coal’s share (including lignite) in India’s total installed power capacity dropped below 50% in the first quarter of 2024. This is well ahead of the Government’s target to establish 50% cumulative power generation capacity from non-fossil fuel-based sources by 2030.

Hydrogen, often lauded as a beacon of hope in the quest for a low-carbon future, stands at a pivotal crossroads. As the world grapples with the dual challenges of escalating energy demands and climate change, hydrogen presents a unique opportunity to harmonize industrial development with environmental stewardship. However, its path is fraught with complexities and obstacles that require careful navigation.

Amplus’ operational open-access solar capacity in Uttar Pradesh has swelled to over 200 MWp with the commissioning of the 73.4 MWp PV plant in Jhansi.

Manufacturers now have until May 31 to submit bids for setting up electrolyzer manufacturing capacities in India under the second round of the government’s Strategic Interventions for Green Hydrogen Transition (SIGHT) program.

Developed through bandgap engineering and material design, the proposed PV device relies on a tin-based perovskite material known as CsSnI3-xBrx. It can reportedly be further designed to achieve power conversion efficiencies exceeding 24%.

Greenko ZeroC will supply up to 50% of renewable ammonia from Phase 1 of its ammonia production facility in Kakinada.

INOX Air Products will build and operate a green hydrogen plant with a capacity of 190 tonnes per annum (TPA). The plant will supply 95 TPA of green hydrogen to Asahi India’s float glass manufacturing facility in Rajasthan in the first phase.

A new mobile power generator that combines solar and renewable hydrogen to provide zero-emissions power for remote and off-grid applications has been unveiled by Australian startup H2PowerBox.

The latest supply chain report from the Hong Kong-based technical compliance and quality assurance company covers India, providing information about current and planned capacity at 116 manufacturing plants.

Exicom’s Harmony Gen 1.5 DC Fast charger features a modular construction enabling power outputs from 60 kW to 400 kW. The charger is suitable for in-city, highways or heavy duty fleets.

Economic cooperation between India and Australia may open doors for investment in clean energy technology but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis, discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.

Larsen & Toubro’s electrolyzer factory in Hazira, Gujarat, will produce electrolyzers in sizes up to 4 MW.

Indian scientists have designed an off-grid power system that relies on solar panels, lithium-ion batteries and Ćuk converters. The converters are the crucial components that enable the system to deal with varying input voltage due to changing sunlight conditions.

Solar Energy Corp. of India (SECI) has extended bidding for the installation and commissioning of a 25 MW AC (50 MWp DC) solar PV plant with 20 MW/50 MWh battery storage in Leh by three weeks.

Modeling shows that shifting just one-third of the electricity consumption of commercial and institutional buildings in Australia to the middle of the day, coinciding with peak solar supply, would create almost 12 GW of new peak capacity in the National Electricity Market.

Scientists in Czechia have conducted a techno-economic analysis of a green hydrogen production system powered exclusively by photovoltaic and wind energy. The system uses surplus energy for water treatment and, according to its creator, can achieve a levelized cost of hydrogen of $3.12/kg.

The influx of affordable Chinese green products is pressuring local industries in major economies, particularly the U.S. and Europe, driving down prices and potentially stifling domestic innovation due to competitive disadvantages.

Tata Power has recorded INR 61,542 crore of revenue and INR 4,280 crore net profit for the fiscal year ended March 31, 2024.

In India’s quest for a sustainable energy future, solar asset management emerges as a key to optimizing investments, ensuring reliability and maximizing productivity.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.

The ongoing price war between top global suppliers could catalyse more competitive solar panel pricing in the Indian market, potentially leading to an increase in solar adoption at both the commercial and residential levels.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, offers bite-sized analysis on solar PV module supply and price trends.

IEA PVPS has published its new “Snapshot of Global PV Markets 2024” report, highlighting key insights and trends. Despite record installations, concerns over profitability and manufacturing dynamics persist, underscoring the need for strategic interventions and policy support to navigate towards a resilient and sustainable PV ecosystem.