Zelestra closes €132 million financing for its 435 MW solar plant in Rajasthan
Spanish developer Zelestra has raised €132 million financing for its 435 MW solar plant in Gorbea, Rajasthan. The financing has been signed with HSBC, Credit Agricole, MUFG and Bank of America.
AM Green acquires Finnish biorefining company, to invest $1 billion for sustainable aviation fuel production
AM Green has acquired Finland based biorefining technology company Chempolis. It will establish large-scale biorefineries to produce bioethanol and other green products from biomass feedstocks utilizing Chempolis technology.
Datta Infra secures INR 1,500 crore REC loan to develop 500 MW of renewable energy projects
Adyant Enersol, a wholly-owned subsidiary of Datta Infra, has signed an agreement with REC for financing of 500 MW of renewable energy projects.
India’s hydrogen mission: Unleashing the power of green fuel
India’s hydrogen revolution is gaining momentum, but to fully realise its potential, the country must bridge the gap between production and demand. The government’s policies have successfully catalysed investments and spurred innovation, but future success will depend on driving consumption and scaling up both production and infrastructure.
Chinese solar cell prices stable in a quiet market
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Solar recycling’s glass ceiling
European industry association PV Cycle estimates a 10 MW solar site will eventually produce 700 tons of waste material. It is becoming increasingly clear that PV modules need end-of-life protocols – for the technology and material processing, and the regulatory environment.
Renewables share in India’s power generation mix to reach 35% by 2030: ICRA
Ratings agency ICRA projects the share of renewables (including hydro) in India’s power generation mix to rise to 35% by FY 2029-30, from 21% in FY 2024.
How ESG creates value for companies in the renewable energy industry
Companies that embed ESG (Environmental, Social, and Governance) principles into their core strategies are better positioned for long-term resilience and competitiveness in the rapidly evolving renewable energy industry.
Godrej & Boyce commissions 25 MW ground-mounted solar project in Maharashtra
The project located in Dhule is spread over 52 hectares and will generate 45 million units annually
World now has five times more PV than nuclear power
According to the World Nuclear Industry Status Report 2024, the world had 408 operational reactors producing 367 GW in the middle of the year, which is significantly less than installed capacity predictions for solar by the end of the year and five time less the world’s cumulative PV capacity.
