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.
Off-site C&I renewables installations to touch 4-5 GW per year
India will install open-access (off-site) solar and wind power generation capacity of 4-5 GW annually for the next two to three years, according to CareEdge Ratings analysts.
Future of distributed green hydrogen in India
India can gain an edge in green hydrogen by focusing more on making its production accessible and affordable. Using the distributed business model and building an enabling regulatory framework will stimulate wider acceptance.
Australian team claims 99% recovery rate with solar recycling process
Engineers at the University of New South Wales (UNSW) have developed a new, more effective method to recycle end-of-life solar panels. The technique allows them to quickly and efficiently separate 99% of PV cell component materials.
GoodWe unveils new inverters for C&I applications
China-based GoodWe has developed two new solutions – the ETC 100 kW hybrid inverter and the BTC 100 kW retrofit battery inverter – for commercial and industrial (C&I) solar applications.
NTPC launches 1.5 GW wind-solar hybrid tender
NTPC Ltd has invited global bids to develop 1.5 GW of wind-solar hybrid power projects anywhere in India.
Avaada announces $2.44 billion REC funding for energy transition projects
Avaada has signed an agreement with REC for INR 20,000 crore (around $2.44 billion) investment to fund its multiple projects over the next five years.
Govt to retender 20 GWh battery cell capacity under PLI Scheme
The Ministry of Heavy Industries (MHI) will retender the 20 GWh advanced chemistry battery cell capacity that was left unallocated after Hyundai Global Motors Co., one of the winners of the 50 GWh PLI tender, withdrew from the scheme last year.
SJVN secures PPAs for 200 MW solar, 100 MW wind
SJVN Green Energy will develop 200 MW of solar projects for power supply to Maharashtra State Electricity Distribution Co. Ltd (MSEDCL). It will also build a 100 MW wind plant under a power purchase agreement with Solar Energy Corp. of India Ltd (SECI).
