ACME Solar secures INR 3,184 crore REC funding for 280 MW FDRE project
ACME Solar has secured long-term financing of INR 3,184 crore from REC Ltd for the development and construction of a 280 MW firm and dispatchable renewable energy (FDRE) project contracted with NHPC.
Thermax partners with Norway’s HydrogenPro on alkaline water electrolysis solution for large-scale hydrogen projects
Thermax has entered into an agreement with Norway-based HydrogenPro ASA (HydrogenPro) to supply, install, commission, and provide after-sales services for alkaline electrolyser systems based on HydrogenPro’s technology.
MNRE launches second call for proposals to build and upgrade green hydrogen testing infrastructure
India’s Ministry of New and Renewable Energy (MNRE) is seeking proposals from government organizations to create and upgrade testing infrastructure for various components, technologies, and processes used across the green hydrogen value chain. The selected projects will be funded up to 100% of the capital cost for equipment, installation, and commissioning of the equipment.
Australia faces slowdown as investment in solar and wind falls 64% in 2025
Investment in new large-scale solar and wind in Australia fell by 64% year on year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.
Sinovoltaics updates financial stability ranking of energy storage manufacturers
The latest financial stability ranking has Tesla, Mustang Battery, and Solid Power holding the top three spots in a report that tracks Altmann-Z scores for 57 manufacturers over the past three years.
The Hydrogen Stream: India’s SECI awards 70,000 MT/year green ammonia at INR 53.05/kg
With this latest award, SECI has allocated a total green ammonia production capacity of 275,000 metric tonnes per annum across four reverse auctions, at prices ranging from INR 51.80 to INR 55.75 per kg.
NISE launches support program for renewable energy start-ups
Start-ups developing technologies in fields such as solar energy, green hydrogen, energy storage, distributed renewable energy, small hydro, wind, smart grids, and clean mobility will be supported in the development and commercialization of their innovations.
Rajasthan tenders 2 GWh battery storage with viability gap funding support
Rajasthan Rajya Vidyut Utpadan Nigam Ltd is accepting bids to set up standalone battery energy storage systems (BESS), connected to the State Transmission Utility (STU), with an aggregate storage capacity of 2,000 MWh (500 MW x 4 hours). The systems will operate on a single-cycle charging/discharging basis.
Statcon Energiaa partners with Germany’s AEG Power Solutions for MW-class hydrogen rectifiers
Statcon Energiaa has secured a licensing agreement with Germany’s AEG Power Solutions (AEG PS) to design, manufacture, and service MW-class hydrogen rectifiers based on AEG’s advanced components.
“Thermal batteries are a highly viable alternative to lithium-ion-based energy storage”
Jaicky Kumar, co-founder and CEO of Voltanova—a deep-tech firm incubated by the Foundation for Science, Innovation and Development (FSID) at IISc—speaks to pv magazine about Voltanova’s thermal battery system and how it compares to lithium-based energy storage.
