LG Energy Solution IPO attracts $80bn in bids
LG Chem’s energy storage and battery division’s $10.7 billion initial public offering received a staggering response from institutional investors, Reuters has reported.
Daily news wrap: Waaree Energies gets SEBI nod for IPO, Jharkhand starts getting 200 MW solar power from Gujarat
Solar manufacturer Waaree Energies had filed its draft red herring prospectus (DRHP) with Sebi in September last year. Jharkhand has started getting 200 MW of solar power from Gujarat at a price of INR 2.5/kWh under a 25-year PPA with SECI.
Adani Power appoints CEO
The private-sector power producer has appointed Shersingh B. Khyalia as chief executive officer with effect from January 11, 2022.
Residential building fully reliant on hydrogen for space heating, hot water
The campus of the Delft University of Technology (TU Delft) in the Netherlands is currently hosting a retrofitted existing building provided with heating by an H2 heating boiler in the attic. The boiler is linked to an underground hydrogen system.
SJVN secures 125 MW of solar projects in Uttar Pradesh
The State-owned hydropower producer has been awarded 75 MW of grid-connected solar projects in the Jalaun district and 50 MW in the Kanpur Dehat district. Power generated from these projects shall be procured by the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 25 years.
Daily news roundup: Mecwin and KVG Bank partner on solar pump finance, Adani’s new energy arm
Bengaluru-based Mecwin Technologies Ltd and Karnataka Vikas Grameena Bank (KVGB) have partnered to finance solar pump-sets for farmers. Adani has formed a new energy arm called Adani New Industries Limited (ANIL).
India may add 12.5GW of solar in 2022-23
Ratings agency ICRA expects the solar boost based on the backlog of PV projects awarded by central and state electric utilities.
ReNew raises $400 million by issuing green bonds
The developer shall use the amount raised to refinance existing debt and fund capital expenditure in renewable energy assets, among other uses.
Philippines’ SMC to start operation of 690MW of batteries
Filipino conglomerate San Miguel Corp aims to complete 1GW of battery storage projects this year to make way for the integration of some 3GW of intermittent renewable energy generation.
Solar-powered hydrogen for domestic applications via building-integrated transparent platform
An international research group has created a closed-loop, transparent energy platform based on PV power generation and hydrogen production from photo-electrochemical cells. The system is claimed to supply power without interruption and to be transparent enough to be integrated into buildings.
