Uma Gupta
EKI Energy, ICAM launch $125 million climate impact fund
EKI Energy will invest up to INR 200 crore ($25 million) as an anchor investor in the fund with a deep focus on community development projects across remote locations in India and select countries in Africa, Asia and LATAM.
India’s EV charger market to surge at 46.5% annually until 2030
The annual electric vehicle (EV) charger shipments will grow to 0.9 million units by the year 2030, from around 17,000 units in 2021. The growth in sales will be driven by government policies and private investments.
RenewSys unveils 590 W bifacial solar module
India’s RenewSys has unveiled its DESERV Extreme series of bifacial modules, with front-side power outputs ranging from 565 W to 590 W. The modules are built with half-cut, mono PERC cells.
NTPC, Mitsubishi sign MoU for hydrogen co-firing in Auraiya gas power plant
NTPC and Japan’s Mitsubishi Heavy Industries (MHI) have signed an agreement for hydrogen co-firing in MHI’s gas turbines installed at NTPC Auraiya gas power plant in Uttar Pradesh. The two companies will collaborate to carry out the study and identify key actions for introducing hydrogen co-firing blended with natural gas.
SJVN signs 1 GW floating solar deal with Assam government
SJVN’s green energy arm and Assam Power Distribution Co. Ltd have agreed to develop 1 GW of floating solar project in Assam through a joint venture.
Torrent Group commits $7.28 billion renewables investment in Rajasthan
The Group will invest more than INR 60,000 crore ($7.28 billion) in setting up renewable energy projects, including green hydrogen, in the Indian state of Rajasthan.
Coal India to set up 1.19 GW solar project in Rajasthan
The state-owned coal miner has signed a deal to set up the project in Rajasthan Vidyut Utpadan Nigam Ltd’s 2 GW solar power park in Bikaner. The estimated cost of the solar project is INR 8,000 crore ($974 million).
Pennar Industries secures 625 MW DC solar project from NTPC REL
The Hyderabad-based diversified engineering firm has won an INR 1,167 crore ($141.64 million) contract to install, commission, and provide three-year operation and maintenance support for a 625 MW DC solar project in Rajasthan.
Longi eyes green hydrogen market in India
Longi is entering the green hydrogen market in India with its alkaline electrolyzer offerings. It will also roll a next-generation Hi-MO solar module later this year, which, it says, will outshine all the prevailing panel technologies.
India expected to annually deploy 35-40 GW of renewables until FY2029-30 end
Ambitious government targets and commitments by both private and state-owned companies will propel renewable energy installations.
