The Indian multinational, which has 11.4 GWp of solar EPC portfolio and 8.1 GWp operations and maintenance, aims to use its project management skills and strong stakeholder relationships to become a global leader in the future energy market.
According to a new report, India’s commercial and industrial sector will increase its rooftop solar deployments by 47% year-on-year, with bifacials and large-size high-wattage modules offering cost-effective support for reducing electricity costs.
The state-run oil and gas major will set up a green hydrogen plant at its Mathura refinery in the Indian State of Uttar Pradesh. The green hydrogen will replace carbon-emitting fuels used in the refinery to process crude oil into value-added products such as petrol and diesel.
A French start-up has developed a concrete flywheel to store solar energy in an innovative way. Currently being tested in France, the storage solution will be initially offered in France’s overseas territories and Africa.
The joint venture company, Empat Mitra Indika Tenaga Surya (EMITS), will provide onsite and offsite solar, battery storage and EV charging infrastructure solutions to Indonesia’s commercial and industrial sector. It expands Fourth Partner Energy’s footprint in South-east Asia while taking Indika Energy a step closer towards meeting its commitment to increase revenues from the non-coal segment by 50% by 2025.
The private-sector arm of the World Bank, which claims to leverage $3 of its own capital and $8 from third parties for every dollar invested in its blended finance funds, has attempted to quantify what devoting Covid recovery funds to green investment would mean for emerging economies.
Applications are invited from start-ups with ready-to-deploy solutions in areas like distributed solar, Internet of Things (IoT) applications in energy, battery storage and electric mobility. Winners will be supported through seed capital to scale up.
Bids are invited to set up a 20 MW (AC) grid-interactive solar plant with 20 MW/50 MWh battery energy storage under turnkey mode in Leh district.
A recent GOGLA report indicates an increasing trend towards hybrid power solutions that integrate DC solar with AC grid power, and appliances that integrate both AC and DC power. In particular, the sales of hybrid solar inverter UPS in India is growing at 25% annually, much faster than conventional inverters’ 10% annual market growth.
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