Amp Energy India raises US$ 100 million from Danish investor
Copenhagen Infrastructure Partners and Amp Energy have signed a US$200 million investment pact with each partner committing to $100 million. The investment will allow Amp Energy to add 1.7 GWp of utility-scale and commercial and industrial renewable energy projects.
Torrent Power acquires 50 MW solar assets from Lightsource BP
The PV plant is situated in the Solapur district of Maharashtra. It benefits from a 25-year power purchase agreement with Solar Energy Corporation of India Limited at a fixed tariff of INR4.43 per unit.
Aussie startup invents breakthrough non-toxic battery electrolyte that’s cheaper ‘by factor of 100’
Professor Thomas Nann told pv magazine Australia that a breakthrough idea was almost too simple: “Actually when we submitted the patent in the first place, the patent officers came back to us and said ‘well, that’s too trivial’ and we made exactly that argument – why did no one else do that then?” said Nann.
The long read: What research is needed for the effective recycling of batteries?
With manufacturing ramping up year by year and policies already looking to get ahead of the large volumes of end-of-life products, the landscape for lithium-ion battery recycling is rapidly changing. pv magazine recently spoke with Mari Lundström, associate professor of chemical and metallurgical engineering at Aalto University, to find out what is needed on the research side for the effective recycling of batteries.
CESL, HPCL sign agreement on EV charging infrastructure
Convergence Energy Services limited, an arm of Energy Efficiency Services Limited (EESL), will set up electric vehicle charging points at Hindustan Petroleum Corporation Limited outlets in major cities including Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune. The two partners are also identifying major highways across India where adequate charging infrastructure can be installed.
ACME Solar raises $334 million via offshore green bonds
The Indian developer has a cumulative 4.8 GWp solar portfolio, including 2.2 GWp operational and another 2.6 GWp under-construction projects. It will use the proceeds from the green bonds to finance twelve of its solar assets in India.
Sterling and Wilson Solar expands into hybrid energy plant, storage EPC
The Indian multinational, which has 11.4 GWp of solar EPC portfolio and 8.1 GWp operations and maintenance, aims to use its project management skills and strong stakeholder relationships to become a global leader in the future energy market.
CATL claims to have made sodium-ion batteries a commercial reality
The manufacturer has launched sodium-ion products online. Production has begun and will be easily scalable, according to the CATL chairman. Researchers have been keen to make the technology work as it offers a cheaper, more environmentally friendly alternative to lithium-ion products.
First Solar plans a 3.3 GW Indian module fab
The U.S.-based manufacturer is planning a vertically integrated thin-film solar module manufacturing facility in India. The factory will likely be built in Tamil Nadu and become operational in the second half of 2023.
ABC Renewable signs 380 MW solar-wind PPA with SECI
With this power purchase agreement, ABC Renewable, a joint venture between Canadian asset manager Brookfield and clean energy firm Axis Energy Ventures India, has enhanced its RE portfolio to 1,080 MW comprising solar and solar-wind hybrid projects.
