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Asia

L&T and Japan’s ITOCHU partner for 300 ktpa green ammonia project

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.

Indonesia announces 100 GW solar, storage minigrid plan

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 wins 50,000 tpa green ammonia in SECI’s latest auction

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 secures INR 3,184 crore REC funding for 280 MW FDRE project

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.

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Solar cell, wafer exports from China rise as panel exports fall

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 partners with Norway’s HydrogenPro on alkaline water electrolysis solution for large-scale hydrogen projects

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 secures investment from Rotomag Enertec 

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 secures 700 MW POE encapsulant order from Kosol Energie

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.

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Alpex Solar Q1 consolidated profit soars 3,890% to INR 42.3 crore

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

How the India-UK FTA can turbocharge clean energy cooperation and investment between the two nations

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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