Rising costs weigh on solar deployment in Bangladesh
Rooftop and ground-mounted solar deployment is reportedly slowing down in Bangladesh due to rising prices of panels, inverters, and other PV system components.
Tata Power to install EV charging infrastructure at Hyundai dealerships
Tata Power has signed an agreement to commission home chargers for EV owners and install its EZ Charge fast chargers (DC 60 kW) at Hyundai Motor India’s 34 electric vehicle dealer locations in 29 cities.
Global solar demand to reach 190 GW this year, says IEA
The International Energy Agency expects solar, wind power, and other renewable energy technologies to achieve triple-digit global growth this year, with new PV additions set to reach almost 200 GW.
Indian opportunity for renewable energy investments
In a keynote address at Intersolar Europe 2022, Indian Union Minister Bhagwant Khuba asked global investors to seize the opportunity to focus on India as it targets net-zero emissions by 2070 and 500 GW of installed non-fossil energy capacity by 2030.
GAIL awards 10 MW green hydrogen project
GAIL, India’s largest state-owned natural gas company, has awarded a contract to an undisclosed company to install and commission a proton exchange membrane (PEM) electrolysis unit in Madhya Pradesh. The system will be powered by 10 MW of renewables, to produce around 4.3 metric tons of hydrogen per day.
World Bank spells out how Pakistan can hit 13 GW of clean power
With its growing population and rapidly increasing energy needs, Pakistan’s energy security is undermined by the overriding share of imported fossil fuels in its energy mix. But, by turning to its untapped, tremendous solar, wind and biomass potential, the South Asian country could spur social and economic development, while improving energy access, says IRENA.
People on the Move: Nexcharge executive joins Larsen & Toubro, Vibrant Energy appoints former Greenko COO
Ketan Chitnis, vice president of the stationary storage business unit at Nexcharge, has joined L&T Power as head of Li-ion and other cell chemistries. Vinay Pabba, the founder of VARP Power and a former chief operating officer at Greenko, has been appointed as the new COO of Vibrant Energy.
Borosil Renewables posts 28% net sales increase for FY 2021-22
Borosil Renewables, an Indian solar glass manufacturer, has recorded net sales of around INR 644 crore ($83 million) for fiscal 2021-22. It operated almost at full capacity throughout the year and sold out of everything it produced.
Bangladesh secures $200m from Asian Infrastructure Investment Bank to support renewables
The China-led Asian Infrastructure Investment Bank (AIIB) has extended a $200 million long-term credit facility to Bangladesh to finance a range of infrastructure projects, including renewable energy expansion.
Longi surpasses 7 GW of monocrystalline solar panel shipments to India
Chinese PV module manufacturer Longi has surpassed 7 GW of shipments to India, less than six years after launching its operations in the country.
