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Highlights

Amara Raja to set up 16 GWh lithium battery cell fab in Telangana

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.

Amazon announces wind-solar hybrid projects in India

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

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How Indian businesses are growing with ESG

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.  

GAIL tenders 600 MW solar project in Gujarat

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 doubles nine-month open-access solar installations to 1.9 GW  

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.

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Longi signs 1.3 GW solar module supply deal with L&T

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

L&T closes $107 million sustainability-linked loan

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

Goldi Solar launches 520-550 Wp mono PERC DCR solar modules

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

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Adani Green raises $200 million in Japanese Yen-denominated refinancing facility

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

PV shade screens for greenhouses, agrivoltaics

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.