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Amp Energy India receives $250 million from SMBC, ICG, and AIIB

Indian developer Amp Energy has secured up to $250 million in growth capital from Japan’s Sumitomo Mitsui Banking Corp. (SMBC), UK’s Intermediate Capital Group (ICG), and China’s Asian Infrastructure Investment Bank (AIIB).

Kaneka presents 29.2%-efficient 2T silicon-perovskite tandem solar cell

Kaneka’s two-terminal tandem perovskite solar cell has achieved the highest efficiency ever recorded for such a device based on an industrial Czochralski (CZ) silicon wafer. It has an open-circuit voltage of 1.929 V, a short-circuit current density of 19.5 mA cm−2, and a fill factor of 77.55%.

Neogen signs technology license agreement with Japanese major to manufacture lithium battery electrolytes in India

With this arrangement, Neogen gets access to a proven global technology to manufacture electrolytes at scale for lithium-ion batteries in India.


SJVN secures $111.3 million Japanese loan to fund solar projects

SJVN has secured around INR 915 crore ($111.3 million) loan to partly finance its 90 MW Omkareshwar floating solar project in Madhya Pradesh and 100 MW Raghanesda solar project in Gujarat.

Acme Group and Japan’s IHI to jointly explore opportunities in green hydrogen 

Indian developer Acme Group and Japan’s IHI have signed a pact to jointly explore opportunities across the green hydrogen and ammonia value chain, including production, handling, transportation, distribution, and power generation.

Japan’s MUFG Bank extends INR 450 crore credit facility to Tata Power

The Japanese bank has extended INR 450 crore sustainable trade finance facility for Tata Power’s 220 MW of solar projects in Gujarat and Maharashtra.

L&T closes $107 million sustainability-linked loan

The Indian multinational EPC provider has successfully closed a three-year $107 million sustainability-linked loan with Sumitomo Mitsui Banking Corp.

Adani Green raises $200 million in Japanese Yen-denominated refinancing facility

The developer has refinanced its 350 MW of solar projects with a long-tenor debt facility of $200 million.

New anode material could enable EV battery charging within 10 minutes

Researchers from the Indian Institute of Technology, Gandhinagar, and Japan Advanced Institute of Science and Technology (JAIST) have developed a two-dimensional (2D) anode material for lithium batteries by using nanosheets derived from titanium diboride. They found the new anode material leads to a discharge capacity of 174 mA h/g within 10 minutes at a current rate of 1 A/g.


Hydrogen combustion tech for residential water heaters

Japan’s Rinnai has unveiled what it claims is the world’s first 100% hydrogen combustion technology for residential water heaters. It is currently using the hydrogen water heater in demonstration projects in Australia, prior to commercialization.

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