India’s electrolyzer manufacturing capacity will reach 8 GW per year by 2025, says Rystad
India will have six hydrogen electrolyzer gigafactories operational by 2025, aggregating to a combined annual capacity of over 8 GW.
Vikram Solar signs 350 MW module supply deal with US customer
The Indian solar manufacturer will supply 350 MW of PV modules for a project located in the state of Arizona in the United States.
Azure Power places order for 600 MW of First Solar modules
US manufacturer First Solar will supply its first ‘made in India’ PV modules to Indian developer Azure Power.
Waaree Renewable Technologies to merge three arms
The solar equipment manufacturer and power producer announced this week its board of directors had approved the scheme for the merger of Sangam Rooftop Solar, Waaree PV Technologies, and Waasang Solar with the company.
Jharkhand launches tender for 2 MW canal-top solar project
Jharkhand Renewable Energy Development Agency (JREDA) has invited bids to build a 2 MW grid-connected solar project on top of the Sikdiri Canal in the Ranchi district. Bidding closes on October 6.
Canadian pension fund invests in Mahindra’s renewables arm
Mahindra Group has agreed to sell a 30% equity stake in Mahindra Susten to the Ontario Teachers’ Pension Plan for around $300 million. The two parties have also agreed to set up an infrastructure investment trust so Mahindra Susten can strengthen its solar, hybrid energy, and integrated storage businesses, as well as its round-the-clock green energy plants.
The long read: What does India’s National Wind-Solar Hybrid Policy mean?
In May 2018, India’s Ministry of New and Renewable Energy adopted the National Wind-Solar Hybrid Policy. Though paltry when it comes to offering incentives or preferential treatment to solar-wind-hybrid (SWH) projects, the policy aims to enable more SWH projects to efficiently utilize transmission infrastructure and land, as well as reducing variability in renewable generation and thus improving grid stability.
Servotech launches lithium battery manufacturing arm
The New Delhi-based solar and EV charger manufacturer has formed a new arm, Techbec Industries, to manufacture lithium batteries for electric vehicles (EVs) and solar energy storage applications.
Streamlining EPC functioning with SaaS
With software-as-a-service (SaaS) solutions, EPC users can manage different silos as per the solar project requirements. The software ensures that the silos are integrated and accessible during all phases of the EPC to maintain transparency.
UPL partners CleanMax on 61.05 MW wind-solar project for self-consumption
UPL, a Mumbai-based sustainable agricultural solutions provider, will commission a 61.05 MW captive wind-solar project in a joint venture with developer CleanMax. The project will be located in Gujarat.
