Indian developer Acme and the Norwegian investment fund have signed the framework agreement to co-invest in developing potential renewable energy projects in India.
The state aims to emerge as a green hydrogen hub and decarbonize energy-intensive industries like fertilizers, steel, chemicals, and petroleum.
Bharat Petroleum Corp. Ltd, which targets 1 GW of renewable energy by 2025 and 10 GW by 2040, has signed an agreement with the government of Rajasthan to build a 1 GW renewable energy plant with an investment of INR 5,000 crore.
Scientists in Austria have developed a long-term energy storage system that uses regenerative braking to adjust the descent speed of sand in mine shafts and generate electricity.
The State government has signed agreements for various giga-scale projects across renewable energy generation, solar manufacturing, pumped hydro storage, and green hydrogen.
The central government and the state government of Karnataka have signed an agreement with Bengaluru-headquartered Rajesh Exports to lend support and a tailormade incentive package for its 5 GWh lithium cell factory in Karnataka.
India plans to add 76 GW of utility-scale solar and wind power by 2025. This will lead to annual savings of up to $19.5 billion from avoiding coal power, says a new report.
Larsen & Toubro will build a 112.5 MW solar power plant on an EPC (engineering, procurement and construction) basis in the southwestern part of West Bengal.
Solar projects aggregating to 500 MW are on the anvil. These projects are planned in the state during the fiscal year 2023-24.
Japan’s Shintora Kosan has developed a novel water jet technology to recover glass from end-of-life PV modules. It says it can pulverize the solar cells and the backsheets without damaging the glass.
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