The economics of solar have evolved significantly. With declining panel costs and robust government support—through schemes like the PM Surya Ghar Muft Bijli Yojana and PM-KUSUM—solar is now a financially viable solution for municipalities and citizens alike.
The funding will support the execution of large-scale renewable energy projects by the company and its subsidiaries, further strengthening its operational capacity.
With this project addition, InSolare has become the only company in India to secure production-linked incentive (PLI) allocations under the SIGHT Scheme for indigenous electrolyser manufacturing, green hydrogen, and green ammonia production.
L&T Energy GreenTech has signed an agreement with Japan’s Itochu Corp. for joint development of a 300 ktpa (kilotonnes per annum) green ammonia project at Kandla in Gujarat. Itochu will offtake the green ammonia from the project for bunkering applications in Singapore.
The new initiative features plans for 1 MW solar minigrids tied with 4 MWh of accompanying battery energy storage, to be deployed across 80,000 villages, alongside 20 GW of centralised solar power plants.
Onix Renewable Ltd emerged as the winning bidder for production and supply of 50,000 tonnes of green ammonia annually in SECI’s latest auction under SIGHT Scheme.
ACME Solar has secured long-term financing of INR 3,184 crore from REC Ltd for the development and construction of a 280 MW firm and dispatchable renewable energy (FDRE) project contracted with NHPC.
Thermax has entered into an agreement with Norway-based HydrogenPro ASA (HydrogenPro) to supply, install, commission, and provide after-sales services for alkaline electrolyser systems based on HydrogenPro’s technology.
India’s Ministry of New and Renewable Energy (MNRE) is seeking proposals from government organizations to create and upgrade testing infrastructure for various components, technologies, and processes used across the green hydrogen value chain. The selected projects will be funded up to 100% of the capital cost for equipment, installation, and commissioning of the equipment.
Investment in new large-scale solar and wind in Australia fell by 64% year on year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.