The Norwegian Climate Investment Fund, managed by Norfund, and KLP, Norway’s largest pension company, have signed a deal to raise a 49% stake in a 420 MW solar power plant in India developed by Italy’s Enel Green Power. 

INOXCVA, a Vadodara-headquartered cryogenic solutions manufacturer, has designed, engineered, and manufactured the largest liquid hydrogen tank ever made in India. The tank will be deployed in South Korea’s first hydrogen liquefaction plant, with 5 tons of daily capacity, in order to supply hydrogen charging stations for buses, trucks, and trams.

Hitachi Energy’s new production facility in India will manufacture solutions that support stable electrical networks and reduce energy consumption.

A new India Energy Storage Alliance (IESA) report projects electric vehicle sales to grow by as much as 49% per year to 17 million units by 2030, with electric two-wheelers accounting for almost 88% of total demand.

Waaree, a Mumbai-headquartered solar manufacturer, has obtained government approval for 4.75 GW of annual PV module capacity. It is also the only manufacturer to secure approval for 650 Wp modules in government-backed projects.

Jakson’s Helia series of 600 Wp mono PERC solar modules are now eligible for use in government installations and projects set up under government schemes and programs.

Larsen & Toubro, an engineering and construction major, has installed and commissioned 380 kW of an 800 kW green hydrogen plant for self-consumption at its Hazira manufacturing complex in Gujarat.

Oriano has finished a new solar plant in Chhattisgarh, as part of a 172 MW DC open-access PV order from diversified business conglomerate HIRA Group of Industries. 

Haryana-headquartered Saatvik Solar has appointed Photovoltaic Solar to handle retail distribution of its PV panels in the Indian market.

India has surpassed 10 GW of overall renewables capacity installed for offtake through open access.