Highlights

The automotive battery major will invest INR 9,500 crore over the next ten years to set up a 16 GWh lithium cell factory, 5 GWh battery pack assembly unit, and research and innovation center in Telangana.

The two hybrid wind-solar projects, located in Madhya Pradesh and Karnataka, represent 300 MW of renewable energy capacity combined.

Today, following the ESG (environmental, social and governance) mandate is more than just ticking off a box in the compliance checklist. It is taking ownership of the consequences of the businesses and working towards creating a positive impact by partnering with the right groups.  

The state-owned natural gas company has started accepting domestic bids to install and commission 600 MW (AC) of solar capacity at Khavda Ultra Mega Solar Park. The prospective contractor will also provide ten years of comprehensive operation and maintenance for the PV plant.

India added 1.9 GW of open-access solar capacity from January to September this year, a 96% rise over the same period in 2021.

The Chinese module maker will supply 1,292 MW of PV modules for Larsen & Toubro’s two solar EPC projects in Saudi Arabia.

The Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.

The modules are built with made-in-India cells and therefore eligible for government projects and schemes mandating domestic content requirement (DCR).

The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.

A Saudi Arabian startup has developed a modular solar panel for agrivoltaic applications. It is specifically designed for locations with high solar radiation levels and protects plants and crops from excess sunlight.