India

India's government is to supply a further Rs19,500 crore (US$ 2.6 billion) of funding for its PV production Production Linked Incentive (PLI) scheme, with the country intent on spurring more development of a residential solar manufacturing base.

The modules will certainly be installed at Clean Solar energy's ground-mounted solar power project.

AC Energy Corp (PSE: ACEN) today revealed the beginning of construction of a 300-MW/420-MWp solar project in India, a 3rd joint project of the Philippine business as well as UPC Renewables in the country.

Elsewhere, several hydrogen projects were introduced in Norway, Germany, India, China and also the UK. Royal Dutch Shell started operations at the power-to-hydrogen electrolyzer in China as well as Germany's Linde Engineering authorized a contract for the construction a green hydrogen demo plant in Norway. In Addition, Green Hydrogen Systems signed a supply agreement with Edinburgh-based Logan Energy to deliver electrolysis tools for a project in England.

Indian independent power producer (IPP) ReNew Power has actually marketed its 117MW roof solar portfolio as part of a strategy to enhance its focus on utility-scale PV.

A new 21-MW solar farm established to power data centres of Indian telecommunications business Bharti Airtel Limited (NSE: BHARTIARTL) in the state of Maharashtra has been commissioned, Airtel introduced this week.

Indian PV encapsulant as well as backsheet supplier RenewSys has brought its encapsulant manufacturing capacity approximately 3GW with the appointing of a brand-new line in Bengaluru, India, with the business eventually targeting 11GW of capacity via a "phased manner".

Telecom operator Bharti Airtel on Tuesday has actually revealed the commissioning of a new 21-megawatt solar energy plant in Buldhana district of Maharashtra.

The trend will be sustained via strong demand, favourable policies, most likely enhancement in power efficiency, and also price competitiveness, claims CRISIL. Besides, with the federal government supporting domestic manufacturers with policy measures, their competitiveness relative to the Chinese is anticipated to boost.

India goes to risk of a supply and also demand mismatch for solar equipment if residential PV manufacturers are not able to meet the amount and also quality called for by project programmers, Fitch Solutions has actually warned.

A 3 MW plant established under the Smart City Project is close to conclusion

The green-energy change is poised to nearly triple India's intake of aluminum by the end of the decade, according to a market team.

Implementing the projects in time is a credit score to TPREL, specifically in UP.

Business funding in the worldwide solar sector reached a ten-year high in 2021 as the sector recuperated from a COVID-affected 2020, brand-new research study from Mercom Capital Group exposes.

Reliance Industries has actually authorized a Memorandum of Understanding (MoU) with the government of Gujarat for a total investment of INR5.955 lakh crore (US$ 80 billion) over 10-15 years to establish 100GW of renewables and also set up green technology production centers in the state.