Uma Gupta
Israel’s Phinergy to present Tata car powered by its aluminum-air battery
The electric car powered by Phinergy aluminum-air battery will be on display in Auto Expo India 2023 at the booth of IOC Phinergy (IOP), a joint venture of Phinergy and State-run fossil fuel giant Indian Oil Corp.
Sembcorp acquires Vector Green
Sembcorp Green Infra has signed the agreement to acquire Mumbai-based renewable power producer Vector Green, which has a cumulative 583 MW of solar and wind portfolio in India.
Assam tenders 100 MW floating solar, 50 MW ground-mount PV projects
Assam Power Distribution Co. Ltd has issued two separate tenders to develop 100 MW of floating solar and 50 MW ground-mount PV projects in the state. The projects are to be developed on a build-own-operate basis.
TotalEnergies ENEOS completes rooftop solar plant in India
TotalEnergies ENEOS, a distributed solar joint venture of TotalEnergies and ENEOS, has installed a 1 MW rooftop solar plant for Yanmar’s industrial engine production facility in India.
Uttar Pradesh targets 22 GW of solar in next five years
The state government has announced its Solar Policy 2022, which places a special focus on the setting up of solar parks with storage systems. The policy also provides big incentives for the adotion of rooftop solar systems and the solarization of tubewells for agriculture.
ReNew Power to build $8 billion green hydrogen plant in Egypt
Developer ReNew Power has signed an agreement with the Egyptian Government to establish a green hydrogen plant in the Suez Canal Economic Zone. The $8 billion project will produce 220,000 tons of green hydrogen per year.
Union Bank of India, Tata Power partner on low-cost finance for MSME rooftop solar
Union Bank of India will provide a low-cost loan with nil or minimum collateral to finance MSME rooftop PV projects executed by Tata Power Solar.
BCD pass-through to benefit up to 6 GW of solar projects
Tariffs will rise by 50-70 paise/kWh for up to 6 GW of solar projects as developers are allowed to pass on the impact of basic customs duty on cells and modules under ‘change-in-law’.
SunSource doubles its solar energy target to 1 GW by 2027
The distributed solar solutions provider will be supported by a strengthened local management team to meet its installed PV target of 1 GW.
Waaree Renewable posts 864% Y-o-Y growth in H1 net profit
The company reported a net profit after tax of INR 18.08 crore ($2.23 million) in the half year ended September 30, 2022, an 864% growth over INR 1.88 crore recorded during the same period in the previous year.
