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France

France’s new PV installations hit 3.15 GW in 2023

The French solar market grew by around 30% in 2023, reaching 3.15 GW, according to new data from Enedis. PV systems for self-consumption accounted for around one-third of all new capacity additions.

Goldi Solar secures 190 MW module supply order from Engie India

Goldi Solar will supply its HELOC PRO series of 545 Wp PV modules to Engie India’s Sayla village project in Gujarat.

India hosts sixth session of International Solar Alliance Assembly in New Delhi

The Assembly has decided to increase the viability gap funding for solar projects in member countries from 10% of the project cost to up to 35%, depending on the capacity and needs of the countries and their respective projects.

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TotalEnergies to invest $300 million in new joint venture with Adani Green Energy

Adani Green Energy Ltd and French company TotalEnergies have agreed to create a new 50:50 joint venture (JV) with a 1,050 MW portfolio of solar and wind assets. TotalEnergies will make an equity investment of $300 million in the JV.

India, France discuss ISA priorities for accelerating global energy transition

In a meeting with the French delegation, India’s power minister emphasized the role of insurance for renewable energy projects, payment security mechanism, and debt financing in attracting investment into renewable energy.

Larsen & Toubro’s electrolyzer fab to start production this fiscal

The Indian multinational EPC company is setting up a pressurized alkaline electrolyzer factory with a capacity of 1 GW per annum. It expects to produce the first few electrolyzers from this facility by March next year. 

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L&T signs electrolyzer manufacturing agreement with McPhy Energy

Larsen & Toubro (L&T) has signed the agreement to manufacture pressurized alkaline electrolyzers in India under a technology license from France-based McPhy Energy.

ISA Assembly approves payment guarantee mechanism for solar projects in Africa

The fifth assembly of the International Solar Alliance (ISA) approved Solar Facility, a payment guarantee mechanism to mitigate risks associated with solar projects in Africa.

TotalEnergies to acquire 25% stake in Adani’s green hydrogen unit

France’s TotalEnergies has signed an agreement with Adani Enterprises to acquire 25% of its new energy arm, Adani New Industries Ltd. The joint venture platform, ANIL, will be integrated across the value chain to drive down green hydrogen production costs. It aims to develop a green hydrogen production capacity of 1 million tons per annum by 2030.

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Webdyn India crosses 4.2 GW mark, Fimer supplies inverters for solar-plus-storage project

Webdyn’s Indian unit has supplied remote monitoring tech and hybrid power management solutions for 4.2 GW of solar plants since 2015, while Italian inverter maker Fimer has supplied its 1 MVA inverters for a new integrated solar-plus-storage project in Gujarat.

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