British International Investment commits US$89 million to scale renewable energy generation in India
The UK investor (formerly known as CDC Group) has committed a $47 million follow-on investment in Fourth Partner Energy to build 294MW of greenfield renewable power capacity. Another $42 million will go to Italian power utility Enel’s India arm Thar Surya 1, to support the development of a 300MW greenfield solar project in India.
Tesla opens gigafactory in Germany
The first Model Y electric cars have rolled off the assembly line at the US electric car manufacturer’s first European factory.
European investor ThomasLloyd gets government approval for SolarArise acquisition
Delhi-based SolarArise India Projects, an investee company of ThomasLloyd, owns seven solar power projects with a cumulative capacity of 434MW in India.
Solar plants under threat from hostilities in Ukraine
Trade body the Ukrainian Association of Renewable Energy says more than 70% of the nation’s solar fields are either in, or near regions which have been affected by the fighting.
Reliance to acquire cobalt-free battery specialist Lithium Werks
The Indian multinational business conglomerate has signed the agreement to buy Netherlands-headquartered lithium iron phosphate (LFP) battery specialist Lithium Werks for US$ 61 million, including funding for future growth.
Scatec joins scaled up Omani green ammonia project
A previous announcement by Acme indicated the port site would be able to produce around 876,000 tons of the green fuel per year but the Indian developer today said that figure would be 1.2 million tons. The 100,000-ton-per-year first phase of the facility may be operational this year.
Ukrainian energy company restarts grid generation from its solar parks
Clean energy facilities have been ordered offline in the nation since Thursday as the national grid ran an exercise to establish how it would function in isolation from the power networks of Russia and Belarus.
IEA outlines plan to rapidly reduce dominant role of Russia in Europe’s energy markets
The International Energy Agency has published a 10-point plan for Europe to reduce its reliance on natural gas imported from Russia. The plan would see Russian gas imports to EU member states reduced by one third within a year, and notes that further reductions within this timeframe would come with significant tradeoffs, likely to impact both energy prices and Europe’s Green Deal. The plan was presented by Fatih Birol, executive director of the IEA, in a virtual press conference held earlier today.
Plug & play electrolyzer for green hydrogen production from Germany
Developed by Germany-based hydrogen specialist Enapter, the EL 4.0 electrolyzer is based on a patented anion exchange membrane (AEM) technology. Commercial production is currently being prepared at the company’s Italian plant and the first shipments should be made in the summer.
Work begins on world’s largest PV system on a stadium roof
The stadium of German football club SC Freiburg will host a 2.4MW rooftop solar array that will be built with heterojunction modules provided by Swiss manufacturer Meyer Burger.
