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Highlights

BGR Energy Systems gets Irish ally to produce green hydrogen

Ireland’s Fusion Fuel Green would first set up a demonstrator plant for BGR Energy to generate cost-competitive green hydrogen. The plant would come up in Tamil Nadu’s Cuddalore district in the second half of 2021. It would then co-develop projects with BGR throughout India.

Fourth Partner and coal firm Indika Energy launch joint solar venture in Indonesia

The joint venture company, Empat Mitra Indika Tenaga Surya (EMITS), will provide onsite and offsite solar, battery storage and EV charging infrastructure solutions to Indonesia’s commercial and industrial sector. It expands Fourth Partner Energy’s footprint in South-east Asia while taking Indika Energy a step closer towards meeting its commitment to increase revenues from the non-coal segment by 50% by 2025.  

Silver accounts for 10% of PV module costs

The share of silver in the total cost of PV modules has increased by around 5% in recent months, according to US analyst Matthew Watson. He told pv magazine that silver prices are set to rise, adding that the metal will eventually account for an even larger percentage of overall module costs.

Solar surpasses wind in India

In January, India’s cumulative PV capacity reached 38.8 GW. This was enough to surpass wind and make solar the first renewable energy source in the country.

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SECI tenders 1785 MW of solar capacity in Rajasthan

Developers can bid for anywhere from 10 MW to all of the available capacity. The projects are to be developed on a build-own-operate basis in minimum sizes of 10 MW. Bidding closes on April 19.

Borosil Renewables posts a 74.3% y-o-y revenue growth in first nine months

The Indian solar glass manufacturer reported net revenue of around INR 300 crore during the current fiscal’s nine months ended December 2020, with the best-ever quarterly earnings of INR 140 crore coming from the third quarter.

Modular lift system for solar panels

Altrex, a scaffolding and ladder producer in the Netherlands, has developed a new modular lift solution for solar panels. The system can raise one solar panel at a time and can be operated by a single installer using nothing other than a cordless drill, the company claims.

Cabinet approves India, France MoU on renewable energy

The Memorandum of Understanding entails joint research and development projects in solar, wind, hydrogen and biomass energy.

Tata Power to set up 15 MW solar plant for Tata Steel

The solar plant in the Jamshedpur city of Jharkhand is expected to generate an average 32 million units of electricity per year, offsetting approximately an average 25.8 million Kg of CO2 annually.

MSMEs can contribute 16 GW in meeting solar target

The Ministry of Micro, Small & Medium Enterprises is working with the World Bank to bring in a credit guarantee mechanism to make financing accessible to unrated MSMEs for implementing rooftop solar projects.