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.
India’s Emmvee Group has appointed Germany’s Fraunhofer Institute for Solar Energy as the technology partner for its upcoming 1.5 GW PV cell manufacturing facility.
John Cockerill will supply 28 units of 5 MW alkaline electrolyzers for use in the development of a green ammonia plant in the Indian state of Himachal Pradesh.
Indian developer Acme and the Norwegian investment fund have signed the framework agreement to co-invest in developing potential renewable energy projects in India.
India’s solar and waste-to-energy generator SAEL has raised INR 500 crore of equity investment from Norway’s Norfund as it seeks to fast-track the implementation of its biomass power projects that use crop stubble as a fuel.
The Swiss PV diagnostics and predictive solutions provider said it would use the amount to scale its software for solar performance management.
The German supplier is seeing strong demand for its solar cell production equipment as several companies in India embark on cell manufacturing.
The $50 million electrolyzer factory is expected to start production in 2023. It will produce all four types of commercially available electrolyzers.
The Swiss investment manager will invest up to $400 million to transform Sunsure into a next-generation independent power producer. The platform targets 3 GW of capacity from Partners Group’s equity commitment.
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.
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