Alpex Solar appoints global head of EPC business
Alpex Solar Ltd has appointed Gaurav Bector as the global head of its EPC (engineering, procurement and construction) business as the company looks to expand its global footprints.
Hindustan Zinc receives renewable power from Serentica’s 180 MW solar project
Hindustan Zinc has initiated power purchase from Serentica’s 180 MW solar project in the Bikaner district of Rajasthan. The procurement is part of a power delivery agreement signed with Serentica for 450 MW of round-the-clock renewable power.
Brookfield acquires controlling stake in Leap Green Energy
Brookfield will initially make an equity investment of over $200 million in Leap Green Energy, through subscription of new shares and acquisition of shares from current shareholders. It may infuse further $350 million of incremental equity capital to support Leap Green’s future growth in renewable energy solutions for the commercial and industrial sector.
Researchers eye redesigned panel as part of recycling plans
Researchers at the University of New South Wales (UNSW) plan to develop a redesigned PV module for easier recycling, with AUD 5 million ($3.4 million) in federal government funding to help transform Australia’s solar panel recycling industry.
China to impose stricter requirements on PV manufacturing
The new provisions are intended to reduce overcapacity in the market while selecting the most efficient technologies and products.
The Hydrogen Stream: India’s second electrolyzer tender attracts proposals for more than 2.8 GW
India’s second 1.5 GW electrolyzer manufacturing tender under production-linked incentives scheme has attracted bids from 23 companies for a cumulative annual capacity of 2,847 MW.
REC secures JPY 31.96 billion green loan from Deutsche Bank AG
REC Ltd has secured a green loan of JPY 31.96 billion (equivalent to $200 million) from Deutsche Bank AG to finance eligible green projects in India.
Global energy storage fleet to surpass 1 TW/3 TWh by 2033, WoodMac says
According to the latest forecast from Wood Mackenzie, the global energy storage market (excluding pumped hydro) is on track to reach 159 GW/358 GWh by the of 2024 and grow by more than 600% by 2033, with nearly 1 TW of new capacity expected to come online.
Solar tariffs could ‘unintentionally cede US leadership’
A new report from Clean Energy Associates (CEA) and the American Council on Renewable Energy shows how antidumping and countervailing duty (AD/CVD) tariffs create cost issues not just for imported solar panels, but for US-made solar panels as well.
Amazon meets 100% renewable energy goal seven years early
All of the electricity consumed by Amazon’s operations, including its data centers, was matched with 100% renewable energy in 2023
