Hygenco, Al Jomaih Energy to jointly explore green hydrogen projects in Saudi Arabia
Hygenco develops end-to-end green hydrogen and green ammonia assets on a build-own-operate and build-own-operate-transfer basis.
REC approves over $1.1 billion in debt funding for solar-wind, pumped storage projects
The state-owned power finance company has approved a debt funding of INR 6,075 crore (around $731 million) to Greenko’s 1.44 GW pumped storage project and over INR 3,081 crore ($371 million) to Serentica Renewables’ 560 MW solar-wind hybrid project.
Large-scale PV projects proliferate in Bangladesh
The Bangladeshi authorities have been approving or reviewing three more large scale solar power projects, for a total capacity of 300 MW.
Declining populations free up agricultural land for large amounts of solar in densely populated countries
In a new monthly column for pv magazine, the International Solar Energy Society (ISES) explains how much solar PV energy could be harvested from freed-up agricultural land in densely-populated countries with declining populations.
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.
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.
Karnataka to develop 500 MW solar park in Bidar district
Karnataka Renewable Energy Development Ltd (KREDL) seeks a consultant to assess the feasibility and prepare a detailed project report for developing the 500 MW solar park in Bidar.
Avaada Energy, Al Jomaih to collaborate on renewable energy projects in the Middle East
Avaada Energy and Al Jomaih Energy and Water (AEW) have signed a Memorandum of Understanding (MoU) to collaborate on renewable power projects, including solar, wind, hybrid, and battery energy storage solutions in the Middle East.
India, USA to set up $1 billion renewable infrastructure investment fund
India’s National Investment and Infrastructure Fund and the U.S. Development Finance Corp. will provide up to $500 million each to anchor a $1 billion fund to support the deployment of renewable energy projects in India.
