Apple has formed a joint venture with CleanMax to set up 14.4 MW of rooftop solar projects to power its operations in India.

Avaada Energy won the 250 MW solar-wind hybrid power project by offering a competitive tariff of INR 3.47 per kWh.

The Ministry of New and Renewable Energy has released the draft guidelines for PM Surya Ghar: Muft Bijli Yojana which is aimed at installing rooftop solar plants in one crore (10 million) households with subsidy support from the central government.

Experion and Germany’s Julius-Maximilians-Universität Würzburg have joined hands for research and development in the field of smart energy systems and vehicle-to-grid integration.

Godrej & Boyce has supplied heat exchangers for a commercial-scale green hydrogen project in the Middle East. The heat exchangers will facilitate heat transfer across various stages of the production process.

Mahindra Group’s renewables arm Mahindra Susten will develop a 150 MW hybrid wind-solar project for offtake by commercial and industrial (C&I) customers. The total project cost is about INR 1,200 crore.

Husk has secured an additional $4 million in debt financing from ElectriFI, the EU-funded impact investment facility, further building upon ElectriFI’s initial $6 million investment in September 2022.

British International Investment (BII) and Dutch bank FMO have committed a $50 million joint loan facility to support BECIS to grow its rooftop solar portfolio in India and South-East Asia to nearly 350 MW by 2025.

India’s ruling party Bharatiya Janata Party (BJP) has vowed continued focus on renewables, energy storage and electric mobility with a view to achieving energy independence for the nation by 2047.

The electrolyzer market in India to supply green hydrogen for steel, ammonia, and methanol industries will soar from $4 billion in 2030 to $78 billion by 2050 if the nation stays on track to achieve its declared net zero target.