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Radiance, PIDG form JV for C&I solar, hybrid projects in India

Radiance Renewables and UK-based investor Private Infrastructure Development Group (PIDG) have announced a joint venture to develop greenfield solar and hybrid wind-solar energy projects for commercial and industrial (C&I) clients in India.


Reliance signs alkaline electrolyzer deal with Norway’s Nel

Through the agreement, Reliance gets access to Nel’s technology platform for manufacturing alkaline electrolyzers.


Reliance completes sale of REC’s polysilicon manufacturing unit

Reliance Industries Ltd (RIL) has completed sale of REC Solar Holdings’ kerf-based polysilicon manufacturing arm, REC Solar Norway, to Elkem ASA. It continues to retain the technology and intellectual property rights of kerf-based polysilicon post sale of REC Solar Norway.


China’s solar dominance set to continue amid price slide

With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.

ReNew secures $1 billion from European bank Societe Generale

Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.

Greenko ZeroC to supply renewable ammonia to Norway’s Yara

Greenko ZeroC will supply up to 50% of renewable ammonia from Phase 1 of its ammonia production facility in Kakinada.

AMPIN Energy secures $35 million from responsAbility

Swiss impact investor responsAbility’s $35 million investment will enable AMPIN Energy Transition to grow its renewable energy portfolio, primarily in commercial and industrial (C&I) solar across a wide spectrum of sectors in India.

China’s clean tech dominance threatens global market stability

The influx of affordable Chinese green products is pressuring local industries in major economies, particularly the U.S. and Europe, driving down prices and potentially stifling domestic innovation due to competitive disadvantages.


Fortum sells stake in 185 MW Indian solar portfolio

Fortum has signed an agreement to sell the remaining 43.75% share of its Indian solar power portfolio to Gentari Renewables India. Post divestment, the company still has EV charging services and a renewables development portfolio with projects at different stages in India.

REC secures JPY 60.5 billion green loan backed by Italian export credit agency SACE

REC will use the funding to support projects which meet rigorous environmental standards, promote renewable energy and contribute to reducing carbon emissions.

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