United States

New Delhi-headquartered Uttam Group of Companies has purchased California-based Catalina Composites as it sees a surge in demand for clean energy solutions, including hydrogen. The company will invest at least $20 million in staff, equipment, and research and development of high-pressure cylinder production for hydrogen and compressed natural gas.

Global and Indian industry players have created an India hydrogen alliance committed to building a hydrogen economy and supply chain in India. NYSE-listed hydrogen solutions provider Chart Industries and India’s Reliance Industries will act as co-leads of the coalition that aims to help develop hydrogen production and storage, industrial and transport use-cases.

The Indian multinational has landed a second order from an existing client for the turn-key execution, operation, and maintenance of a solar project. With this, its cumulative order book in the USA has swelled to around US$ 260 million (INR 1,880 crore).

U.S. researchers have assessed the technical and economic feasibility of solar canals in California and have found that their LCOE is already close to that of ground-mounted solar plants. Three different project configurations were analyzed for eight different sites across the California network of canals.

The US-headquartered company has registered its Indian arm by the name of Triton Electric Vehicles India in New Delhi as it plans to capture the nation’s growing EV market. It is also in discussion with a few states to set up a factory.

The share of silver in the total cost of PV modules has increased by around 5% in recent months, according to US analyst Matthew Watson. He told pv magazine that silver prices are set to rise, adding that the metal will eventually account for an even larger percentage of overall module costs.

Proceeds from the transaction with RMG Acquisition will be used to support ReNew’s growth strategy, including the buildout of its contracted, utility-scale renewable power generation capacity and to reduce debt.

AdaniConneX, the joint venture with US-based data center solution provider EdgeConneX, will develop renewable energy-powered data centers with up to 1 GW of power demand in India over the next decade.

A new report says the United States and India have an opportunity to partner to catalyze foreign institutional investment in India’s green transition. It lays out what such a partnership should look like and how it would benefit both countries and the world.

The Telangana-headquartered lithium-iron-phosphate (LFP) battery manufacturer has teamed up with Las Vegas-headquartered Barrel Energy to develop and manufacture lithium batteries for electric vehicles. The joint venture will establish factories in India and North America.