Lodha partners Tata Power on EV charging infrastructure
Under the partnership, Tata Power will provide end-to-end electric vehicle (EV) charging solutions across Lodha Group’s residential and commercial projects in Mumbai Metropolitan Region (MMR) and Pune.
New solar-powered hydrogen tech from Japan
Moreover, two big Russian corporations have unveiled plans to produce hydrogen and Portuguese utility EDP said it wants to set up a a pilot project for a green hydrogen plant in Brazil.
New solar addition may generate 21 kilotonnes of PV module waste by 2030
India’s solar capacity growth up to 2030 also means the generation of a significant mass of PV module waste due to early failures or damages during transportation, installation, and operation. The waste generation could be 21 kilotonnes assuming India’s cumulative installed PV capacity grows to 287.4 GW by 2030 from 40 GW in 2020. This doesn’t include end-of-life panel waste as PV systems installed between 2020-30 are assumed to have at least 30 years of lifetime.
Ayana Renewable partners Norway’s Greenstat on India’s hydrogen mission
The Bengaluru-based solar and wind energy developer has signed a Memorandum of Understanding with Greenstat Hydrogen India to collaborate on developing projects for green hydrogen production in India.
Responsible land-use for solar, wind plants could smooth the path for India’s energy transition
India will require large swaths of land for the huge expansion of renewable energy capacity over the coming decades. The energy transition requires planning for proper siting of these plants and solutions like agrivoltaics, distributed energy systems, and offshore wind to reduce land-use conflicts.
UK to invest $1.2 billion in green energy projects in India
UK’s development finance institution CDC will invest $1 billion in green projects in India between 2022-26. Besides, UK has committed a new $200-million private and multilateral investment into the joint UK-India Green Growth Equity Fund that invests in Indian renewable energy.
Adani Green Energy raises US$ 750 million from issuance of green bonds
The solar developer shall utilize the proceeds towards equity funding of the capex for its under-construction renewable projects.
Reliance Industries may acquire REC Solar
Mumbai-based Reliance Industries and REC Solar have declined to comment on rumors that the Indian company might acquire the Norwegian PV module maker, in a potential transaction that Indian media outlets have already valued at $1 billion to $1.2 billion.
International group offers $68m loans for struggling off-grid clean energy distributors
‘More than 90’ suppliers of appliances such as solar lanterns and home solar panels, as well as mini-grid installers, will be offered low-interest credit by an assortment of government-backed and privately-financed entities.
ArcelorMittal planning solar investment in Rajasthan and Gujarat
The UK-headquartered steel major is mulling to set up a 4.5 GW solar park in Rajasthan with an investment of INR 19,000 crore. It also plans to invest in Gujarat’s solar energy, wind energy, and hydrogen gas production sectors.
