KP Group partners with AHES, GH2 Solar on 100,000 tpa green ammonia facility
KP Group has partnered with GH2 Solar and South Korea’s AHES Co. Ltd. to establish and operate a green ammonia production facility in India with a capacity of 100,000 metric tons per annum.
How smart financing solutions are solar powering the mid-income households
Adopting rooftop solar has never been simpler, with 100% digital, collateral-free loans tailored for middle-income households. From instant, paperless approvals to flexible options like zero-cost EMIs or hybrid plans, the process ensures ease at every step.
Waaree-Backed Solfin enters co-lending tie-up with Japanese Financial Institution
Solfin Sustainable Finance, a solar-focused non-banking finance company (NBFC) backed by Waaree, and Japanese Financial Institution, have entered co-lending partnership to provide working capital finance to solar panel dealers and rooftop solar finance to end consumers.
Ashok Leyland to enter battery manufacturing
Ashok Leyland will develop and manufacture batteries for EVs and energy storage systems in partnership with China’s CALB Group.
GH2 Solar to set up electrolyzer factory in joint venture with Korea’s AHES Ltd
GH2 Solar Ltd will establish a green hydrogen electrolyzer manufacturing facility in Gwalior, Madhya Pradesh, through a joint venture with South Korea-based Advanced Hydrogen Energy Solutions (AHES) Ltd.
Reliance Industries Ltd’s battery gigafactory set to begin operations in 2026 with an initial annual capacity of 40 GWh
Reliance Industries Limited (RIL) is set to begin production at its upcoming battery gigafactory in 2026, with an initial annual capacity of 40 GWh. The facility will later be modularly scaled up to 100 GWh per annum, announced Anant Ambani, executive director of RIL, during the company’s annual general meeting recently.
Everest Industries invests in solar plant for captive consumption
Everest Industries, a building solutions company in India, has invested INR 1.76 crore in Amplus Ampere (Amplus), a special-purpose vehicle (SPV) created by Amplus Energy Solutions to set up a solar power plant for group captive consumption.
Green ammonia is only 10% costlier than grey in the latest SIGHT Mode 2A auctions
The lowest green ammonia price discovered so far in the SIGHT Mode 2A auctions is just 10.1% higher than the current grey ammonia prices in India (US$515 per MT). Notably, the low cost of Rs 49.75 per kg in the Mode 2A auctions is almost half of a similar green ammonia auction conducted by H2Global in 2024, suggesting an imminent price parity between grey and green ammonia.
US trade court orders retroactive solar duties on Southeast Asian imports
The US Court of International Trade has ruled that the Biden administration’s two-year suspension of solar duty collections was unlawful, clearing the way for retroactive tariffs on billions of dollars of solar gear from Southeast Asia.
India installed 18 GW solar in first half of 2025, says Mercom report
India added 18 GW of new solar power capacity in the first half of 2025, with over 11 GW installed in the second quarter alone.
