EXIM Bank to finance rural electrification solar projects in Togo
The Togolese government aims for universal access to electricity this decade and for half of its power to come from clean energy sources under the National Development Plan (NDP).
New renewables cheaper than legacy coal or gas for almost half the world’s population
Electricity bill payers in nations as diverse as China, India, Germany, and Greece should be aware new solar projects can now generate electricity cheaper for them than legacy coal and gas-fired plants.
Reliance Industries unveils $10-billion plan for solar and energy storage
The diversified business group will invest over INR 60,000 crore ((US$ 8.1 billion) over the next three years to build Giga factories for solar, energy storage, electrolyzers, and fuel cells, respectively, to create a fully integrated, end-to-end renewables energy ecosystem. Additional INR 15,000 crore (US$ 2 billion) is planned to create a value chain, partnerships, and future technologies.
India could add 13.75 GW of solar module and 6.9 GW cell capacity by December next year
The government’s renewed efforts to curb solar equipment imports and upscale domestic manufacturing have started bearing fruits. The launch of the production-linked incentive (PLI) Scheme and the imposition of a basic customs duty (BCD) on imports have favored domestic capacity expansion.
‘Low-cost renewable hydrogen may already be in reach’
If the three record-busting low solar price tariffs recorded in the Middle East in the past 18 months are to be believed, renewables-powered hydrogen in prime sites in the region could already compete with gas-plus-CCS production, according to IRENA. Has the Gulf discovered the new petrol?
‘World’s cheapest wafer’ maker 1366 Technologies plans 2 GW cell and wafer fab
The American business is looking for module manufacturing partners as it plans to bring its ‘direct wafer’ production technique to India. The company uses molten silicon to form wafers rather than sawing ingots, thus eliminating dust waste and speeding up the process.
NTPC seeks offtakers for 735 MW Nokh solar project
Applications are invited for procurement of power generated from NTPC’s 735 MW solar power project in Nokh, Rajasthan. To qualify, the applicant must have a sanctioned load greater than 2 MW.
Concrete flywheel storage system for residential PV
A French start-up has developed a concrete flywheel to store solar energy in an innovative way. Currently being tested in France, the storage solution will be initially offered in France’s overseas territories and Africa.
Now Acme gets Brookfield for a 450 MWp solar project in Rajasthan
After raising equity investment for a 250 MW project, the Indian developer has signed a deal with Brookfield Renewable to develop a 450 MW solar project in Rajasthan.
PLI Scheme will help India emerge as clean-tech factory of the world
The Production-Linked Incentive (PLI) scheme in batteries and solar will help India graduate from a passive recipient to an active driver in the global clean-tech story.
