The developer shall use the amount raised to refinance existing debt and fund capital expenditure in renewable energy assets, among other uses.
Filipino conglomerate San Miguel Corp aims to complete 1GW of battery storage projects this year to make way for the integration of some 3GW of intermittent renewable energy generation.
An international research group has created a closed-loop, transparent energy platform based on PV power generation and hydrogen production from photo-electrochemical cells. The system is claimed to supply power without interruption and to be transparent enough to be integrated into buildings.
The Swiss PV diagnostics and predictive solutions provider has appointed Neeraj Dasila as chief technology officer (CTO), and Shankaransh Srivastava as vice president-marketing.
Consequent to this acquisition, Reliance New Energy Solar holds 25.16% of the total paid-up equity share capital of Sterling & Wilson Renewable Energy (formerly known as Sterling and Wilson Solar Limited).
The second phase of Green Energy Corridor (GEC) scheme for Intra-State Transmission System will facilitate grid integration and power evacuation of approximately 20 GW of renewable energy (RE) power projects in Gujarat, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Tamil Nadu, and Uttar Pradesh.
With a new start-up and a consortium in the Netherlands, German automotive supplier Schaeffler wants to significantly reduce the costs of green hydrogen.
Indian renewable energy developer Hero Future Energies has partnered with US-based Ohmium International on the development of green hydrogen plants in India, the UK, and Europe with a cumulative electrolyzer capacity of 1 GW.
Nimish Jain brings to Air Touch India, the India arm of the Israeli robotic cleaning specialist for the solar industry, around 13 years of work experience in renewable energy in new market development, operations, strategy and business development functions. He has worked with companies like Solarig Global, Vikram Solar, and Jinko Solar.
State-run hydropower producer NHPC will form the joint venture with a capital investment of INR 500 crore, raising a majority stake of 74% with the rest 26% held by Green Energy Development Corporation of Odisha Limited (GEDCOL).
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