Asia

The company’s manufacturing plant in Haryana will produce proton exchange membrane (PEM) electrolyzers based on the technology from its Spanish parent firm H2B2 Electrolysis. The plant will start production by October.

The Noida-based startup has rolled out the franchise network to provide mobile EV charging as a service. It targets 100 franchise partners by the end of 2023.

ReNew and Gentari will form a 50:50 joint venture to develop renewable assets including solar, wind, and energy storage.

Brenmiller and Waaree will jointly explore, develop, and deploy solar-powered thermal energy storage projects in India.

Power Finance Corp. (PFC) and Rural Electrification Corp. (REC) will extend INR 3,100 crore (($378 million) each to support Hero Future Energies’ upcoming renewable energy projects. 

NTPC has invited global bids to develop 1.5 GW of solar power projects anywhere in India. Bidding closes on August 29.

The Indian Railways is working towards reducing its carbon footprint by employing renewable energy to power its operations. The scope of installation, whether in the form of solar rooftop coaches or solar on the railway stations, is immense.

Capacity addition in the rooftop solar segment stood at 2,294 MW, which is higher than the yearly rooftop PV installations of 2022.

Eleven solar parks aggregating 8.521 GW have been completed and seven solar parks totaling 3.985 GW partially completed under the Ministry of New and Renewable Energy’s scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects.”

Larsen & Toubro has secured contracts to implement advanced distribution SCADA and HVDC transmission lines.