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Highlights

Cabinet approves second tranche of PLI Scheme for solar manufacturing

The second tranche of the production-linked incentive scheme for high-efficiency solar module manufacturing has a budgetary outlay of INR 19,500 crore.

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Amazon announces 420 MW of utility-scale solar projects in India

The U.S. e-commerce group has announced three solar farms in Rajasthan with a combined capacity of 420 MW. It will also add 23 new solar rooftop projects to generate 4.09 MW of renewable energy.

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Tamil Nadu could lower carbon emissions by over 36 million tonnes with 5-10% conversion to EV use

A new report says Tamil Nadu could lower carbon emissions by over 36 million tonnes if 5-10% of all two-, three- and four-wheeler vehicle sales in the state during 2022-30 are converted to electric. 

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Hydrogen to play limited role in building energy supply

How much hydrogen is actually needed? Several German research institutes have examined 40 energy scenarios for hydrogen ramp-up and found that 15 million GWh of hydrogen will be needed worldwide by 2050.

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KKR, Hero Group to invest $450 million in Hero Future Energies

The investment will support Hero Future Energies in expanding its renewable energy capacity and capabilities across the solar, wind, battery storage, and green hydrogen technologies.

India’s electrolyzer manufacturing capacity will reach 8 GW per year by 2025, says Rystad

India will have six hydrogen electrolyzer gigafactories operational by 2025, aggregating to a combined annual capacity of over 8 GW. 

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Vikram Solar signs 350 MW module supply deal with US customer

The Indian solar manufacturer will supply 350 MW of PV modules for a project located in the state of Arizona in the United States.

US startup unveils 5 kW solar canopy for EV charging

Paired Power said its new 5 kW solar canopy measures 3.2 meters x 5.2 meters x 3.7 meters and can host up to 10 bifacial solar panels. It can be used in on-grid or off-grid modes and can be paired with lithium-ion battery storage systems up to 40 kWh in size.

Solar PV employed around 3.4 million people in 2021

Almost half of the workers were employed in China, around 280,000 in North America, over 260,000 in Europe, and some 50,000 in Africa, according to a new report by the International Energy Agency (IEA). The vast majority of workers were employed in manufacturing and installation of new capacity, with solar jobs paying lower wage premiums than the nuclear, oil, and gas industries.

Azure Power places order for 600 MW of First Solar modules

US manufacturer First Solar will supply its first ‘made in India’ PV modules to Indian developer Azure Power.  

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