Europe

The Bengaluru-based solar and wind energy developer has signed a Memorandum of Understanding with Greenstat Hydrogen India to collaborate on developing projects for green hydrogen production in India.

UK’s development finance institution CDC will invest $1 billion in green projects in India between 2022-26. Besides, UK has committed a new $200-million private and multilateral investment into the joint UK-India Green Growth Equity Fund that invests in Indian renewable energy.

Mumbai-based Reliance Industries and REC Solar have declined to comment on rumors that the Indian company might acquire the Norwegian PV module maker, in a potential transaction that Indian media outlets have already valued at $1 billion to $1.2 billion.

Bauer Solartechnik GmbH has released its new 400 W and 405 W BS-M10 PV panel series for rooftop projects.

German researchers developed a lattice arrangement of three different layers of ferroelectric crystals that created a powerful photovoltaic effect.

Copenhagen Infrastructure Partners and Amp Energy have signed a US$200 million investment pact with each partner committing to $100 million. The investment will allow Amp Energy to add 1.7 GWp of utility-scale and commercial and industrial renewable energy projects.

The PV plant is situated in the Solapur district of Maharashtra. It benefits from a 25-year power purchase agreement with Solar Energy Corporation of India Limited at a fixed tariff of INR4.43 per unit.

With manufacturing ramping up year by year and policies already looking to get ahead of the large volumes of end-of-life products, the landscape for lithium-ion battery recycling is rapidly changing. pv magazine recently spoke with Mari Lundström, associate professor of chemical and metallurgical engineering at Aalto University, to find out what is needed on the research side for the effective recycling of batteries.

The acquisition is in line with the Hyderabad-based corporate solar developer’s plan to ramp up. For Norwegian developer Statkraft, the selloff is part of its strategic plan to exit the distributed solar segment in India and focus on developing large-scale projects.

The Indian developer will use the 3DExperience virtual platform to manage its utility-scale solar, wind, and hybrid energy projects more efficiently. The platform enables users to track the progress of multiple complex projects, quickly act on insights and ensure best-in-class delivery.