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The Hydrogen Stream: Asahi India Glass signs 20-year green hydrogen off-take agreement with INOX Air Products

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.

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.

ReNew secures PPAs for 2.2 GW of renewables

ReNew has secured power purchase agreements for 1,500 MW of solar and 688 MW of wind power projects. It has also received Letter of Awards for an additional 5.8 GW of renewable energy capacity.

Grew appoints Hiten Parekh as president-Global Sales

Hiten Parekh has previously held key positions at O2 Power, Navitas Solar, SunEdison, and SolarSquare.

New study calculates 207 GWp of floating solar potential in India

A new report prepared under the Indo-German Technical Cooperation on Innovative Solar provides a comprehensive overview of the floating solar PV potential in India. It also provides projections for installations from 2024 to 2040.  

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L&T promotes Sarma to whole-time director, president-Energy

Larsen & Toubro also promoted R Shankar Raman to president, whole-time director and CFO. Gensol Engineering has appointed Rajesh Jain as an independent director.

Tata Power reports record profit of INR 4,280 crore for FY 2024

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.

Larsen & Toubro wins more than 270 MW of solar projects

Larsen & Toubro (L&T) has secured orders to establish two floating solar plants with a cumulative capacity of more than 150 MW AC and a 120 MW AC ground-mounted PV plant in India. It has also bagged multiple orders for grid systems in India and overseas.

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Waaree Energies partners Ecofy for low-cost finance to rooftop solar customers

Waaree Energies Ltd, India’s largest solar PV module manufacturer, has partnered with Ecofy, a non-banking finance company backed by Eversource Capital, to provide low-cost, hassle-free finance to homeowners and MSMEs adopting rooftop solar systems.

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India’s first utility-scale, standalone battery energy storage project receives regulatory approval

BSES Rajdhani Power Ltd’s 20 MW/ 40 MWh project is India’s first utility-scale standalone battery energy storage system to obtain regulatory approval under Section 63 of the Electricity Act, 2003. The project is supported by concessional loan from the Global Energy Alliance for People and Planet (GEAPP).

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