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BPCL unveils India’s first indigenous alkaline electrolyzer at India Energy Week 2024

Bharat Petroleum Corp. Ltd (BPCL) today unveiled an alkaline electrolyzer developed in collaboration with Bhabha Atomic Research Centre (BARC). 

Engie to showcase decarbonization solutions at India Energy Week 2024, Goa

India Energy Week (IEW) 2024 is being organized by the Federation of Indian Petroleum Industry (FIPI), under the aegis of the Ministry of Petroleum and Natural Gas, from Feb. 6 to 9, 2024.

SJVN launches 1.5 GW wind-solar hybrid tender

Developers have until March 15 to lodge their interest in setting up 1.5 GW of wind-solar hybrid power projects on a build-own-operate basis. The projects can be located anywhere in India and must connect to the interstate transmission grid.

Shapoorji Pallonji’s seawater desalination units buy stake in 150 MW of solar projects for self-consumption

Torrent Power will develop 150 MW of solar projects for supply of power to the seawater desalination plants being set up by Shapoorji Pallonji and Company in Gujarat.

Waaree Renewable Technologies wins 412 MWp solar EPC project

Waaree Renewable Technologies has secured the letter of award for a 412 MWp (335 MW AC) solar power plant. It will execute the EPC work of the PV plant and provide operations and maintenance for a period of two years.

The Hydrogen Stream: Reliance Industries to convert existing 5,000 ICE trucks to run on green hydrogen by mid-2024

India’s Reliance Industries Ltd plans to convert around 5,000 existing internal combustion engine (ICE)-powered trucks into hydrogen ICE trucks by mid-2024. The company uses these trucks for its internal purposes.

Tata Power Solar facilitates INR 3,500 crore of customer financing to boost PV adoption in India

Tata Power Solar ties up with 20+ leading financial institutions, financing up to 85% of the addressable order book. It has facilitated solar financing for over 2,200 commercial and industrial customers till date.

Epsilon Advanced Materials completes acquisition of LFP Cathode Technology Center in Germany

Acquisition of the technology center in Germany expedites Epsilon Advanced Materials’s plans to establish a lithium-ion phosphate (LFP) cathode manufacturing plant in India, Asia’s first outside of China

Budget lays focus on residential rooftop solar, EV infrastructure

Finance minister Nirmala Sitharaman today tabled the interim budget for FY 2024-25 in the parliament. Budget highlights include announcements about the residential rooftop solarization scheme, viability gap funding for offshore wind, and government support for EV manufacturing and charging infrastructure.

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Budget expectations for solar, energy storage, and EV sectors

Dedicated funds for residential rooftop solar under ‘Pradhan Mantri Suryodaya Yojana’ and increased incentives for solar manufacturing MSMEs are on the wishlist of the Indian solar sector. In battery storage, players expect the inclusion of battery recycling within the PLI Scheme and continued investments in developing battery storage solutions.

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