Adani Solar expands PV panel retail distribution to Tamil Nadu
The solar manufacturer, with a 3.5GW cell and module production capacity, has expanded its retail sales footprint to Tamil Nadu with Festa Solar as the official distribution partner for the region.
Bangladeshi fabrics maker invests in 100 MW solar plant
The solar park will sell power to the Bangladesh Power Development Board at a price of $0.1195/kWh under a 20-year power purchase agreement.
BlackRock, Mubadala to invest in Tata Power Renewables
Tata Power has raised INR 4,000 crore (US$ 525 million) from a consortium led by the world’s largest fund manager BlackRock Real Assets and Abu Dhabi sovereign wealth fund Mubadala Investment Company to fund the growth of its renewable energy business.
ALMM policy deferment, a much awaited but temporary relief to the solar market
While ALMM does support domestic manufacturers, this is not a sustained solution considering the wide demand-supply gap. Disincentivising imports could be a workable strategy when there is enough capacity back home.
Reliance New Energy appoints COO for silicon crystal and wafering
Reliance New Energy, the new energy arm of Reliance Industries Ltd, has appointed former SunEdison president Hak Do Yoo as chief operating officer for silicon crystal and wafering.
UK government warns of global warming risks related to hydrogen leaks
The UK Department for Business, Energy and Industrial Strategy has published new research showing that hydrogen leaks could have an indirect climate-warming impact, partly offsetting efforts to reduce carbon dioxide emissions.
Greenko partners Belgium’s John Cockerill to build India’s largest hydrogen electrolyser factory
Indian renewable energy developer Greenko Group has partnered with Belgium’s John Cockerill to develop a green hydrogen electrolyzer factory with a capacity of 2GW per annum. The partnership will also see the two companies jointly develop large-scale green hydrogen projects in India.
APAC to lead global battery storage market, clock 68% share by 2026
The global battery energy storage market will grow to $10.84 billion in 2026, with around two-thirds of the demand concentrated in the Asia Pacific region.
NTPC, Gujarat Gas to start green hydrogen blended PNG supply project
To decarbonize the cooking sector, India’s premier energy utility NTPC has partnered city gas distribution company Gujarat Gas Limited on a pilot project to supply green hydrogen-blended piped natural gas.
Abu Dhabi’s International Holding Company to invest US$ 2 billion in Adani Group’s green portfolio
Abu Dhabi-based International Holding Company (IHC) has signed the agreement to invest US$ 500 million in Adani Green Energy Ltd, US$ 500 million in Adani Transmission Ltd, and US$ 1 billion in Adani Enterprises Ltd.
