UK investor, Dutch bank commit $50 million loan facility to C&I renewables developer BECIS
British International Investment (BII) and Dutch bank FMO have committed a $50 million joint loan facility to support BECIS to grow its rooftop solar portfolio in India and South-East Asia to nearly 350 MW by 2025.
Adani sponsored ‘green energy gallery’ opens at London Science Museum
London Science Museum’s newest exhibit is focused on energy transition and renewable energy. The gallery showcases how the world can generate and use energy more sustainably, highlighting technologies and projects from the UK and abroad. Adani Green Energy is the gallery’s title sponsor.
EET Hydrogen enters final negotiations with UK Govt to develop low-carbon hydrogen plant in Ellesmere
The hydrogen plant will have an initial production capacity of 350 MW. Construction is expected to begin later this year.
UK firm to supply argon recycling technology to 2 GW Mundra solar facility
Surrey-based Gas Recovery and Recycle Ltd (GR2L) will supply its ArgonØ machinery that can recycle up to 95% of argon used in the fabrication of silicon wafers for solar panels.
C4V, Trot Solutions tie up to develop green ports in India
C4V, a New York-headquartered lithium-ion cell technology company, has tied up with UAE-based Trot Solutions to develop green ports in India. The alliance has started to discuss with the port operators for its first green port project at Jawaharlal Nehru Port Terminal in India.
Tata Group to invest over $5 billion in 40 GWh UK battery fab
Tata Group will build a 40 GWh battery factory in the UK to produce batteries for Jaguar Land Rover (JLR) and other EV manufacturers in the UK and Europe.
Tata Steel, UK to support low-carbon hydrogen projects for industrial decarbonization
The Indian steel giant, along with the UK government, has opened a call for innovative projects in low-carbon hydrogen to decarbonize the industrial sector. Two selected projects will be awarded £80,000 (INR 83 lakh) and provided priority access to Tata Steel’s integrated steel plant.
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).
Essar to invest $3.6 billion in energy transition in the UK and India
Essar has formed Essar Energy Transition (EET) that will focus on investing in hydrogen, decarbonization, new energy infrastructure, and biofuels. EET plans to invest $3.6 billion in developing low-carbon energy transition projects in the UK and India over the next five years.
Scottish startup to begin gravity energy storage pilot in India
UK-based Gravitricity will begin with pilot demonstration of its gravity energy storage systems in India as it eyes broader deployment in the long term.
