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Procurement

Hydrogen, carbon prices and electricity markets

The hydrogen economy, particularly green hydrogen, has a long growth path ahead.

Amazon India partners TVS Motor on EVs for last-mile deliveries

The e-commerce giant will add TVS Motor’s electric two- and three-wheelers to its existing delivery fleet.

WRI India hosts Accelerating Clean Energy 2022

On Day 1, industry experts discussed the role of states’ renewable energy agencies and strategies to accelerate the pace of energy transition in Indian cities.

1

Toshiba to supply LTO battery cells for EVage commercial vans

Toshiba has signed the deal to supply its SCiB line of lithium titanium oxide (LTO) chemistry battery cells for use in EVage Automotive’s commercial trucks.

2

Vikram Solar signs 350 MW module supply deal with US customer

The Indian solar manufacturer will supply 350 MW of PV modules for a project located in the state of Arizona in the United States.

Leading RE companies’ receivables period to shrink 20% this fiscal 

State-owned electricity distribution companies implementing the Late Payment Surcharge (LPS) scheme may clear dues worth INR 2,000 crore (around $250 million) this fiscal, supporting renewable energy generators to build capacity for growth and reduce leverage. 

India installed 1.9 GW of ‘open-access’ renewables in FY 2021-22

India has surpassed 10 GW of overall renewables capacity installed for offtake through open access.  

Hygenco, Jindal Stainless sign India’s first long-term green hydrogen offtake agreement

Hygenco will build, own and operate a multi-megawatt green hydrogen facility for the long-term supply to Jindal Stainless Ltd, one of the largest stainless-steel conglomerates globally.

4

Trina Solar surpasses 8 GW of PV module shipments to India

The Chinese PV module maker has shipped more than 8 GW of solar panels to India since the start of its operations in the market in 2010.

Bihar makes preferential procurement pitch to lithium battery, solar manufacturers

The state of Bihar has started accepting bids from lithium battery and solar module manufacturers to set up factories under its preferential procurement incentive scheme. To be eligible, the bidders must meet the minimum qualifying criteria and be willing to set up at least 25 MW of solar module production capacity and 50,000 of lithium battery output per year.

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