Markets & Policy

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). 

That meant the nation reached a cumulative 4.8GW of “open-access” solar generation capacity by the end of September. At that point, there were also more than 1.1GW of open access projects in the development pipeline, according to analyst Mercom India Solar.

The title of Martin Schachinger’s October market commentary was “Module prices set to rocket back to 2019 levels.” This month, he writes that prices have already reached December 2018 levels and notes that there is no reversal in sight. Prices for all module technologies have once again risen by an average of 3 percentage points since last month.

As India ramps up renewable capacity, there will be a higher requirement for substations, transmission corridors as well as battery energy storage. There is tremendous potential in technology localization in areas such as remote power monitoring, predictive maintenance, EV charging, green hydrogen, and energy storage.

The Mumbai-headquartered solar manufacturer supplied its 335 Wp polysilicon modules for the 1.53 MW PV project located at Kovilpatti in the Indian State of Tamil Nadu.

The solar sector in India bounced back to make 2021 the best year in new PV capacity addition. The year also witnessed a massive response to PLI tender for solar manufacturing and launch of 50 GWh battery cell tender and green hydrogen mission.

This is the fifth credit line signed between REC Limited and KfW for the financing of power sector projects and the third credit line for the financing of renewable energy projects.

The core objective of renewable energy deployment in India is to promote economic growth, enhance energy security, increase energy access, and reduce climate change. Sustainable development is possible by the use of clean energy and by ensuring access to affordable and reliable energy for every citizen.