India’s GR Promoter Group has entered the green hydrogen market in a joint venture with Spanish hydrogen technology solutions provider H2B2. The JV will manufacture water-based electrolyzers and develop green hydrogen production plants based on off-taker agreements.

Erisha E Mobility has formed a joint venture with Greenbox to manufacture a range of green hydrogen solutions by leveraging technologies developed by Greenbox.

The Global Energy Alliance for People and Planet (GEAPP) has signed a $10 million grant agreement with the International Solar Alliance (ISA) to boost the deployment of solar energy in developing countries.

The Indian manufacturer has introduced 450 Wp mono PERC modules for rooftop installations. The modules feature 120 half-cut cells based on an M10 wafer and offer a power conversion efficiency of up to 21.28%.

A new report says solar generation helped seven Asian countries avoid $34 billion in fossil fuel costs in the first half of 2022. The majority of these savings were in China ($21 billion). Japan avoided $5.6 billion in fossil fuel costs and India saved $4.2 billion.

Mahindra & Mahindra has incorporated Emergent Solren as a wholly-owned subsidiary of its arm Mahindra Holdings.

Tata Power Renewable Energy Ltd has secured the letter of award to build a 150 MW solar project in the Solapur district. The project was awarded by Maharashtra State Electricity Distribution Corp. Ltd.

The power trading solution provider’s call for expression of interest to supply 1 GW of hybrid wind-solar power received a response from 14 renewable energy developers, including domestic as well as international players.

The e-commerce giant will add TVS Motor’s electric two- and three-wheelers to its existing delivery fleet.

The State Bank of India (SBI) has signed the agreement with KfW Development Bank for availing a second low-interest loan of €150 million. It will use the amount to finance solar farms with outputs between 50 and 250 MW.