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Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan.

JRE has commenced commercial operation of its 44 MW Nishinosato solar energy park in Fukushima

NTPC has actually started commercial procedure of the initial component worth 8 MW capacity of the 20 MW Auraiya Solar PV Project in UP.

BEL has tendered for the supply of solar modules for 2.86 MWp grid-connected solar power plants at Akola and also Amravati, Maharashtra.

Batam Indonesia Open Market Zone Authority (BP Batam) has authorized 2 MoUs to build the world's largest floating solar power plant (PLTS) in Batam.

Tangedco prepares to set up solar power parks with battery storage space system in all the districts in the state. Actions will be required to authorize tool term agreements to acquire 1,500 MW power at Rs 3.26/ device as well as also short term power acquisition contracts with generators, said Electricity Priest V. Senthilbalaji.

Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, has actually appointed a 250-kilowatt (kW) roof solar power project, ramping up its overall installed solar roof ability to 692 kW, according to a statement. The project was appointed on Wednesday, Coal India Ltd (CIL) claimed in a statement.

South Korean lithium-ion battery supplier LG Energy Solution (LG ES) has actually acquired US-based market gamer NEC Energy Solutions from NEC Corporation for an undisclosed sum.

Australia's Fortescue Future Industries (FFI) has taken a 60% risk in Dutch firm High yield Energy Technologies (HyET) Group to help in its aspiration to supply 15 million tonnes of green hydrogen worldwide by 2030.

Halo Energie Pvt Ltd will develop the solar project over 120 acres of land designated in Dimapur for which the Department of Power has already accorded clearance. This will help Nagaland to fulfil its solar RPO target of 8.75%.

In October, LGES as well as Stellantis NV struck an electric vehicle (EV) battery manufacturing joint venture The JV aims to begin manufacturing by the first quarter of 2024 as well as aiming to have an annual production capacity of around 40 GW of batteries.

The project will certainly generate 774 MUs of electricity annually. The setup involves 873012 nos. of Monocrystalline PV Modules, that made a stronger instance for the single axis tracker to enhance efficiencies.

Bangladesh Power Development Board (BPDB) has actually made the discovery in a filing before Dhaka Stock Exchange. ISPL had actually spent $55 million over a land area of 110 acres for the development of the solar power plant utilizing more than 78,000 panels.

NextEnergy Solar Fund acquired the portfolio for ₤ 32.5 million and it hinges on east of England. The storage as well as grid project is called 'Project Lion' which is a 2-hour period system at 500 MWh. The project is anticipated to be energised in 2025.

The main statement by Mission Solar held that the business will certainly add to its 300 MW production capacity instantly, with plans to get to 1 GW every year in 2024. Previously, parent company OCI had held that the development envisages a financial investment of $40 million.