PFC signs MoUs for clean energy lending worth around $29 billion
Adani, Greenco, ReNew, Continuum, Avaada, JBM Auto, Megha Engineering & Infrastructure Ltd, and Rajasthan Renewable Energy are amongst companies that signed the MoUs to raise funds for their clean energy projects.
GMR secures $927 million smart metering project
GMR Smart Electricity Distribution has won a project to install over 7.5 million prepaid smart meters in Uttar Pradesh. It will implement these smart meters on a design, build, finance, own, operate, and transfer basis.
China solar module prices rebound
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.
SJVN secures 1.2 GW solar project for Punjab
SJVN Green Energy Ltd will develop 1.2 GW of solar projects for supply to Punjab State Power Corp. Ltd under a 25-year power purchase agreement.
Revkor, H2 Gemini unveil plan to build 20 GW HJT perovskite cell, module factory in U.S.
The two companies are targeting to reach an annual production capacity of 20 GW by the end of 2025. Manufacturing activities are scheduled to begin in the second quarter of next year.
Energy communities operating on hydrogen, batteries
Researchers in Spain have studied the impact of hydrogen production and storage technologies in risk management for energy communities with internal price-tariff systems. They found that the optimal involvement in futures markets and spot markets will depend on a community’s risk aversion and self-sufficiency.
SECI wraps up 2 GW solar tender with $0.032/kWh tariff
The winning developers can set up projects anywhere in India, as long as these are connected to the interstate transmission system (ISTS).
ReNew signs MoUs worth $7.8 billion for green energy projects
Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) committed debt funding of $3.9 billion each.
Acme secures $488 million REC loan for green hydrogen, ammonia project in Oman
REC has also agreed to lend INR 21,000 crore for Acme’s 380 MW round-the-clock renewables plant, the first phase of Odisha and Tamil Nadu green ammonia projects, and 600 MWh of pumped hydro project.
HPCL building 370 tpa green hydrogen plant in Andhra Pradesh
Hindustan Petroleum Corp. Ltd (HPCL) is setting up a 370 tpa (tonnes per annum) green hydrogen plant at its Visakhapatnam Refinery in Andhra Pradesh.
