European investor ThomasLloyd gets government approval for SolarArise acquisition
Delhi-based SolarArise India Projects, an investee company of ThomasLloyd, owns seven solar power projects with a cumulative capacity of 434MW in India.
Panasonic launches solar heat pump solution for water heating
Panasonic has unveiled a new product in Japan with a PV-based charging function that uses a heat pump and hot water storage unit to save energy by maintaining bathwater temperatures at constant levels.
Solar plants under threat from hostilities in Ukraine
Trade body the Ukrainian Association of Renewable Energy says more than 70% of the nation’s solar fields are either in, or near regions which have been affected by the fighting.
Larsen & Toubro secures 280MW of solar projects
The Indian multinational EPC solutions provider has been awarded a 245MW solar power project in Rajasthan, and a 35MW(AC) PV capacity with 57MWh battery energy storage system in the Kutch district of Gujarat.
Blockchain technology in renewable energy
The present system of the energy sector is centralized due to which the prosumer’s and consumers’ direct connection is yet to be formed. It’s due to persisting challenges like transaction efficiency, security and data transparency in the Indian energy market. The blockchain is a data-driven technology that helps create a very transparent process in data sharing among the peers involved in the system and sort out the challenges persisting in the energy market.
Azure Power commissions 300MW solar project in Rajasthan
The solar power project, located in the Bhadla region, will supply power to Solar Energy Corporation of India for 25 years at a tariff of INR 2.58 (US 3.7 cents) per kWh.
Reliance to acquire cobalt-free battery specialist Lithium Werks
The Indian multinational business conglomerate has signed the agreement to buy Netherlands-headquartered lithium iron phosphate (LFP) battery specialist Lithium Werks for US$ 61 million, including funding for future growth.
Paving the way for green hydrogen certification
The International Renewable Energy Agency has outlined a series of technical considerations for green hydrogen tracking systems. According to the document, a degree of flexibility should be taken into account in the short term to ensure that the nascent green hydrogen market can develop.
India’s solar modules production capacity could reach 36GW by 2023 end
The solar cells production capacity is also expected to jump to 18GW in two years from just 4GW currently.
Tamil Nadu plans to add 20GW of solar capacity by 2030
The proposed solar power capacity, to be developed across the State, will be combined with adequate battery storage systems to ensure an uninterrupted power supply to the consumers.
