GreenH Electrolysis has secured an EPC and long-term service contract with Hyderabad-based Medha Servo Drives for a hydrogen production and refueling station in the Jind district of Haryana. The station will supply hydrogen for India’s first hydrogen train.
Tata Power EV Charging Solutions will install fast and ultra-fast electric vehicle (EV) charging points at IndianOil retail outlets in major cities as well as across major highways in India.
India’s solar panel imports in the April-Sept. period of FY 2024 surpassed the value of panels imported in the twelve months of FY 2023. Cell imports have also increased considerably year-on-year, with H1 FY 2024 value touching $1,005.07 million.
In year 2022, solar, wind and hybrid project finance lending amounted to INR 18,577 crore ($2.36 billion). On the other hand, like in 2021, not a single coal power plant received such funding.
The solar industry growth has accelerated the demand for wires and cables in India. Since solar cables are key in transmitting power from the PV panels to the system, it is essential to invest in the best-suited type of solar cable that meets stability and safety norms.
A new report by TERI recommends measures to develop large-scale pumped storage plants in India. It also traces the growth and status of pumped storage hydro plants in India and the world.
The International Solar Alliance’s Global Solar Facility (GSF) includes payment guarantee, insurance and investment fund components to catalyze solar investments in underserved geographies.
ICRA expects India’s installed solar power capacity to grow to 104 GW by March 2025 from 72 GW as of October 2023, led by strong policy support and moderation in solar module prices.
Hira Ferro Alloys, an arm of Godawari Power & Ispat, has commissioned a 22 MW solar plant for self-consumption in Chhattisgarh.
NTPC has also invited bids to supply 1.5 GW of renewable power from wind-solar hybrid power projects. The projects can be developed anywhere in India
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