JSW Energy secures LoA for 6.5 ktpa green hydrogen capacity under govt incentives scheme
JSW Neo Energy Ltd, an arm of JSW Energy Ltd, has secured the Letter of Award (LoA) for building 6.5 ktpa green hydrogen production capacity under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme.
Manoj Kohli, Mahesh Makhija appointed to Sunsure Energy Board of Directors
Sunsure Energy has appointed former SoftBank India head Manoj Kohli and renewable energy specialist Mahesh Makhija to its Board of Directors.
Blended finance key to scaling small-scale solar projects
Bringing together private and public capital in a risk-adjusted return structure, is key to scaling up financing for renewable energy assets such as solar mini-grids, says a new report.
The Hydrogen Stream: India working on policy mechanism to promote use of green hydrogen for providing round-the-clock renewable energy
India’s Ministry of New and Renewable Energy is working on the modalities for promoting the use of green hydrogen in supporting round-the-clock electricity.
Gensol Engineering raises INR 900 crore equity through preferential round
Gensol Engineering, a solar EPC and electric mobility solutions provider, has raised INR 900 crore ($108.46 million) equity capital from international and domestic investors.
Long-duration storage market to hit $223 billion in 20 years, says IDTechEx
Alternatives to lithium-ion batteries will likely emerge in the years to come, according to a new report by IDTechEx.
Africa’s annual PV additions hit 3.7 GW in 2023
According to new figures from the Africa Solar Industry Association (AFSIA), the continent’s cumulative installed PV capacity reached 16 GW at the end of December, based on 3.7 GW of new annual installations.
Tata Power Solar facilitates INR 3,500 crore of customer financing to boost PV adoption in India
Tata Power Solar ties up with 20+ leading financial institutions, financing up to 85% of the addressable order book. It has facilitated solar financing for over 2,200 commercial and industrial customers till date.
Epsilon Advanced Materials completes acquisition of LFP Cathode Technology Center in Germany
Acquisition of the technology center in Germany expedites Epsilon Advanced Materials’s plans to establish a lithium-ion phosphate (LFP) cathode manufacturing plant in India, Asia’s first outside of China
Mitigating the challenges in solar project development
Developing the solar market in India has been a multifaceted journey marked by commendable achievements and occasional challenges. While the government’s support has been instrumental in fostering growth, addressing the challenges, ensuring policy stability, and promoting technological innovation will be critical to reignite momentum and achieve India’s renewable energy targets in the coming years.
