AMPIN, Sumitomo form corporate renewables joint venture
AMPIN Energy Transition and Japan’s Sumitomo Corp. have formed a joint venture company, AMPIN C&I Power, to develop renewable energy sources in India and supply the generated power to commercial and industrial clients under power purchase agreement model.
India to face significant land, water challenges in scaling renewables beyond 1.5 TW, says CEEW study
A new report by CEEW states that India’s unconstrained RE potential exceeds 24 TW (terawatts), but not all of it is achievable. Even reaching the 7 TW required to achieve net-zero emissions by 2070 will require a holistic approach to addressing challenges such as land access, climate risks, land conflicts, and population density.
SmartHelio launches AI-powered solar forecasting tool with accuracy up to 98.5%
SmartHelio’s solar analytical tool leverages socio-economic and climate data to deliver high accuracy in predictive analytics.
Timber framed solar carports for residential, commercial applications
Sweden-based Innoventum has launched a solar carport line equipped with bifacial modules in a larch wood structure. The solution may include electric vehicle charging, energy storage, LED lighting, and inverter systems.
Oriana Power secures 128 MW C&I solar project in Tamil Nadu
Oriana Power will build and operate a 128 MW ground-mounted solar power plant for captive consumption by Dalmia Cement (Bharat) Ltd. The plant is set for commissioning within 12 months.
Pathway to a green transition
In this article for pv magazine, Naresh Mansukhani, chief executive officer, Juniper Green Energy, writes about the barriers to India’s transition to green energy and suggests the way forward.
PM Modi stresses on democratization of solar manufacturing, technology
“Solar manufacturing and technology must be democratized to help developing countries. Empowering the least developed countries and small island developing states should be a top priority,” said prime minister Narendra Modi in his inaugural address at the first International Solar Festival 2024.
India’s decarbonization presents $12 trillion opportunity in clean technologies
A BloombergNEF study estimates India’s energy sector investment and spending under its net-zero scenario at $12.4 trillion over 2024-50, 34% (or about $3 trillion) higher than in the economic transition scenario.
Sunsure Energy secures debt finance for 75 MWp of open-access solar projects
Sunsure Energy has secured INR 226 crore ($27 million) long-term debt financing from Tata Capital Ltd to support its 75 MWp of open-access solar projects in Uttar Pradesh.
BPCL aims to build 10 GW of renewable energy capacity by 2035
Bharat Petroleum Corp. Ltd (BPCL) aims to build 2 GW of renewable energy capacity by 2025 and 10 GW by 2035
