Delhi-based SolarArise India Projects, an investee company of ThomasLloyd, owns seven solar power projects with a cumulative capacity of 434MW in India.
The Indian multinational business conglomerate has signed the agreement to buy Netherlands-headquartered lithium iron phosphate (LFP) battery specialist Lithium Werks for US$ 61 million, including funding for future growth.
A previous announcement by Acme indicated the port site would be able to produce around 876,000 tons of the green fuel per year but the Indian developer today said that figure would be 1.2 million tons. The 100,000-ton-per-year first phase of the facility may be operational this year.
Developed by Germany-based hydrogen specialist Enapter, the EL 4.0 electrolyzer is based on a patented anion exchange membrane (AEM) technology. Commercial production is currently being prepared at the company’s Italian plant and the first shipments should be made in the summer.
The stadium of German football club SC Freiburg will host a 2.4MW rooftop solar array that will be built with heterojunction modules provided by Swiss manufacturer Meyer Burger.
The Department of Science & Technology, Government of India, and the Innovation Fund Denmark (IFD) have collaborated to fund Indian and Danish researchers on the joint development of green fuels including green hydrogen.
Norway’s Scatec, which has a 50% stake in Acme’s 900 MW solar project in Rajasthan, cited a lack of domestic solar panel supply and the 40% import duty on solar panels effective from April as the reasons for putting the PV project on hold.
Larsen & Toubro (L&T), an Indian multinational EPC contractor, has partnered with Norway’s HydrogenPro to set up a joint venture in India for gigawatt-scale manufacturing of alkaline water electrolyzers.
Exide Leclanche Energy Private Limited, the joint venture with Swiss energy storage specialist Leclanché, has a lithium battery pack and module assembly factory in Gujarat.
The Fluence and ReNew Power joint venture will serve a diversified customer base in India by localizing and integrating Fluence’s energy storage products and packages for the local market. ReNew will become its first customer by procuring a 150 MWh battery-based energy storage system for its 300 MW peak power project in Karnataka.
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