Installations

Indian developer Ayana Renewable Power has been recognized with ‘A-‘ rating for its performance on the Environmental, Social, and Governance (ESG) metrics, becoming the top ESG scorer among all renewable energy firms in Asia.

HDF Energy has expanded its operations to make fuel cells in France. It says it plans to produce green hydrogen infrastructure for low-carbon hydrogen production and non-intermittent renewable electrical power in 30 countries throughout the world.

RK Singh, India’s power minister and president of International Solar Alliance, highlighted the need for investment and research in alternative chemistries for energy storage and in building manufacturing capacities.

Radiance Renewables has become the first commercial & industrial (C&I) renewable energy player in India to secure a green loan project finance facility with $90 million jointly arranged by Axis Bank and Standard Chartered Bank. It will use the funds to develop its 150 MW commercial & industrial (C&I) solar project in Maharashtra.

China and the USA have been consistently attracting the most annual solar investments. Together, these have received about 50% of all solar investments since 2015, according to a new report released by the International Solar Alliance at its sixth assembly in New Delhi.

The International Renewable Energy Agency said in a recent report that the scale of the energy transition needs ‘urgent’ acceleration to meet Paris Agreement climate emergency targets. Solar PV deployment, in particular, must ramp up and increase fourfold by the end of the decade.

SJVN has invited bids to develop 1.5 GW of interstate transmission grid (ISTS) connected solar power projects on a build-own-operate basis anywhere in India. Bidding closes on Dec. 15.

A lithium iron phosphate (LFP) battery system recently exploded in a home in central Germany, preventing police and insurance investigators from entering due to the high risk of collapse. The explosion may have been preceded by off-gassing, but it remains unclear whether an external ignition source was the cause. Some scientists say thermal runaway may have triggered the blast.

Panasonic Life Solutions India has launched residential solar kits in India that are easy to install and maintain. The kits include BIS- and IEC-certified solar modules and inverters and come with a mobile app-based energy monitoring system.   

The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.