L&T Energy GreenTech has signed an agreement with Japan’s Itochu Corp. for joint development of a 300 ktpa (kilotonnes per annum) green ammonia project at Kandla in Gujarat. Itochu will offtake the green ammonia from the project for bunkering applications in Singapore.
The new initiative features plans for 1 MW solar minigrids tied with 4 MWh of accompanying battery energy storage, to be deployed across 80,000 villages, alongside 20 GW of centralised solar power plants.
Onix Renewable Ltd emerged as the winning bidder for production and supply of 50,000 tonnes of green ammonia annually in SECI’s latest auction under SIGHT Scheme.
ACME Solar has secured long-term financing of INR 3,184 crore from REC Ltd for the development and construction of a 280 MW firm and dispatchable renewable energy (FDRE) project contracted with NHPC.
Ember Energy says China’s solar export market is shifting as more diverse global supply chains drive higher cell and wafer shipments, lifting combined solar product capacity 11% this year despite lower panel exports.
Thermax has entered into an agreement with Norway-based HydrogenPro ASA (HydrogenPro) to supply, install, commission, and provide after-sales services for alkaline electrolyser systems based on HydrogenPro’s technology.
Statcon Energiaa has secured an investment from Rotomag Enertec to scale its indigenously developed solutions and accelerate global growth. Rotomag Enertec now holds a majority stake in Statcon Energiaa.
RenewSys has secured a seven-month supply agreement with Kosol Energie to deliver high-performance POE [polyolefin elastomer] encapsulants for 700 MW of solar panels.
Alpex Solar Ltd has posted consolidated net profit of INR 42.29 crore for the quarter ended June 30, 2025, a stellar 3,890% increase over INR 1.06 crore in the same period last year. The company’s revenue from operations climbed 395% year-on-year to INR 380.32 crore
Trade is only half the story, the bigger opportunity lies in green finance. Indian renewable energy projects require an estimated $250 billion in capital by 2030. The UK, home to one of the world’s most mature green finance ecosystems, including institutions like the Green Investment Bank and large ESG-focused funds, is ideally positioned to bridge this gap.
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