L&T closes $107 million sustainability-linked loan
The Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.
Adani Green raises $200 million in Japanese Yen-denominated refinancing facility
The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.
SIMA-managed fund approves $1.999 million low-cost loan to Loom Solar
The Energy Access Relief Fund, managed by Social Investment Managers and Advisors (SIMA), has approved $1.999 million for a subsidized 5% USD financing to Loom Solar.
India installed 11.2 GW of solar in first nine months of 2022
The nation installed 9.3 GW of utility-scale solar, 1.3 GW of rooftop arrays, and 0.6 GW off-grid PV projects from January to September this year.
COP27 was a crucial step forward for hydrogen – here’s why
Three import deals signed by the EU at Sharm El Sheikh during this month’s COP27 summit show the European Union is serious about harnessing green hydrogen for its heavy industry, and about distributing the fruits of the energy transition on an equitable basis.
A game of risk
The rising popularity of “baseload” power purchase agreements (PPAs) has posed questions to solar electricity suppliers in the German market. How can projects that do not generate at night, and with wide seasonal output variation, effectively supply constant power to consumers? More importantly, who shoulders the price risk?
Actis backed BluPine Energy acquires 404 MWp operating solar assets in India
BluPine Energy, launched earlier this year by UK investor Actis, targets 4 GW of utility-scale solar, wind and storage projects in India by adopting a buy-and-build strategy.
Birla Carbon joins project to develop lithium battery-grade graphite from biocrude
The carbon black solutions manufacturer has embarked on a collaborative project to develop lithium battery-grade graphite sustainably using renewable feedstocks.
India added 3.3 GW of solar in Q3 2022
India installed 3,338 MW of new solar power capacity in the three months ending September. This included 2,602 MW from utility-scale solar, 485 MW rooftop, and 251 MW off-grid installations
“Commercial rooftop solar is growing by leaps and bounds”
Panasonic Life Solutions India provides “Made-in-India” solar modules and high-quality solar EPC solutions for commercial and industrial consumers. Targeting an increased share of the Indian rooftop PV market, it plans to include solar-plus-storage solutions for industrial consumers and residential solar kits in its offerings. Amit Barve, business unit head of solar at Panasonic Life Solutions India, speaks to pv magazine about the Indian market and their plans for future growth.
