Gujarat-based Prescinto, which provides software-as-a-service (SaaS) solutions for clean energy asset management, has entered the European market by securing a deal with Thessaloniki-based SunSolarWind for 70 MW of solar assets.
India is the top market for solar investment, according to the latest edition of Ernst & Young’s renewables attractiveness index. Spain, Germany and the United States are the top three markets for corporate power purchase agreements (PPAs).
Schüco has expanded its recent warning letter about potential solar panel defects to include more products. The new list includes PV modules the company delivered between 2010 and 2014.
India’s GR Promoter Group has entered the green hydrogen market in a joint venture with Spanish hydrogen technology solutions provider H2B2. The JV will manufacture water-based electrolyzers and develop green hydrogen production plants based on off-taker agreements.
Erisha E Mobility has formed a joint venture with Greenbox to manufacture a range of green hydrogen solutions by leveraging technologies developed by Greenbox.
The State Bank of India (SBI) has signed the agreement with KfW Development Bank for availing a second low-interest loan of €150 million. It will use the amount to finance solar farms with outputs between 50 and 250 MW.
Haryana-based Hygenco plans to develop and rapidly scale up multiple green hydrogen facilities across India in the next two years.
It will be one of the largest and most automated lines in North India, with the capacity to produce higher power modules with larger cells. The first phase will have a production capacity of 500 MW.
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.
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