PHDCCI makes recommendations for fast-tracking India’s National Green Hydrogen Mission
The PHD Chamber of Commerce and Industry (PHDCCI) has recommended nil import duty for electrolyzers until 2030 and zero goods and services tax (GST) for green hydrogen/ammonia. It has also proposed the inclusion of green hydrogen derivatives in the list of activities eligible for carbon credit trading, among other suggestions.
Serentica Renewables secures INR 2,600 crore in debt funding from PFC
The funding from PFC will go towards the development of Serentica’s upcoming 400 MW hybrid wind-solar power projects in Karnataka.
Waaree Renewable secures 52.6 MWp solar EPC project
Waaree Renewable Technologies will construct the ground-mount solar project for the group company of a leading power generator in India.
Agrivoltaic facilities with single-axis trackers have lower LCOE than those with fixed structures
New research from Belgium shows agrivoltaic facilities with trackers perform significantly better than projects with fixed structures. The scientists found projects with tracking achieved an LCOE of €0.077 ($0.082)/kWh, while facilities with fixed structures were found to have an LCOE of €0.10/kWh.
Desert Technologies to develop renewable energy solutions for Essar’s green steel project in Saudi Arabia
Desert Technologies has signed a pact with Essar Group to develop renewable energy generation and storage solutions for Essar’s Flat Steel Complex in Saudi Arabia.
REC launches 470 W heterojunction solar panel with 22.6% efficiency
REC has developed a new series of heterojunction solar panels with efficiencies up to 22.6% and an operating temperature coefficient of -0.24% per degree Celsius.
GMR Group secures $298 million smart metering project from UP discom
GMR Smart Electricity Distribution Private Ltd has secured a contract to install, integrate, and maintain smart meters in the Agra and Aligarh zone of Dakshinanchal Vidyut Vitran Nigam Ltd.
Bangladesh Jute Mills Corp. signs PPAs for 90 MW of rooftop PV
Bangladesh Jute Mills Corp. (BJMC), which manages all government-owned jute factories and industries in the South Asian country, has agreed to buy power from six different project developers under a 20-year power purchase agreement (PPA).
Tata Power, SIDBI sign MoU on easy finance for MSME solar
Micro, small, and medium enterprises (MSMEs) can avail SIDBI loans at low interest rates to fund rooftop solar PV plants or associated services from Tata Power or its authorized channel partners across India.
Goldi Solar, Desert Technologies to collaborate on PV manufacturing
Goldi Solar will work alongside Desert Technologies (DT) to localize a significant part of the renewable energy value chain in the Kingdom of Saudi Arabia.
